Both you and each referral receive a bonus. Unlimited.
$100 – $999
$25
For the referral
$1,000 – $9,999
$125
Referrer bonus
$10,000 – $49,999
$175
Referrer bonus
$50,000+
$275+
Referrer bonus
* Up to $5,075 per referral for very large transfers. Each successful referral earns a bonus, unlimited.
Wealthsimple contest
Your code is also worth 100,000 Monthly Millionaire entries
Your personal code doesn't just earn you the referral bonus. In Wealthsimple's Monthly Millionaire contest, every qualifying referral earns you 100,000 entries for the September 2026 edition, the equivalent of depositing $100,000, or a hundred times the 1,000 entries you get for registering. It's by far the fastest lever: three referrals are enough to reach the 300,000 per-person cap.
In other words, one person you refer earns you both the usual referral bonus and 100,000 entries in that month's contest. Note that entries reset with each new contest, so referrals count toward the month they're validated in. See how the Monthly Millionaire works →
FAQ
Common questions
No. Your personal referral code is permanent and unique. It stays the same indefinitely, regardless of how many referrals you make.
Unlimited. Every successful referral (friend who opens an account and deposits $100+) earns you a bonus.
Yes. Wealthsimple encourages sharing on social media, by SMS, or by email directly from the app. The link generated by the app applies your code automatically.
You do not have an account yet?
This page is for clients looking for their own code to refer others. If you want to use one to open your account instead, the $35 offer and the code to copy are on the home page.
Offer active · No confirmed expiry date
Start referring today
Open your account with code LOIO3A, get your $25, and immediately receive your own code to share.