What is the Promotion?

The Max Out Mondays Final Week Deposit Promotion (the “Promotion”) is open to new and existing Wealthsimple clients who make a deposit or transfer into their Wealthsimple Managed Investing, Stocks & ETFs, Crypto, Save and/or Cash account from February 21, 2023 at 12:01 a.m. Eastern Time (ET) to March 1, 2023 at 11:59 p.m. ET (the “Promotional Period”). Direct deposits and deposits into a GRSP are excluded. Transfers must be received from a third party not affiliated with Wealthsimple to be eligible. Wealthsimple will deposit a cash value into your account based on the net amount you deposit (the “Bonus”):

Minimum Deposit	Bonus
$1,000	$5
$2,500	$15
$5,000	$25
$50,000	$250
$250,000	$2,000
$500,000	$4,000

Who can Qualify?

You are only eligible to receive the Bonus if you are a new or existing Wealthsimple client and you otherwise meet our eligibility requirements. This Bonus is non-transferrable and cannot be combined with other offers or promotion codes and cannot be applied retroactively. Limit of 1 Bonus per qualified client. Must be a resident of Canada. 

When will my Bonus be paid?

The Bonus will be applied to your account (the “Promotional Account”) within 10 business days after the Promotional Period, or 10 business days of your deposit or transfer being complete, whichever comes later. All transfers and deposits must be initiated during the Promotional Period, and must be completed within 60 days of the end of the Promotional Period, to be eligible. 

How will my Bonus be paid?

If you have more than one funded Wealthsimple account during the Promotional Period, your Bonus will be paid in the following order of priority:

1. Non-registered or personal Wealthsimple Managed Investing account
2. Wealthsimple Managed Investing TFSA account
3. Wealthsimple Managed Investing RRSP account
4. Non-registered or personal Wealthsimple Stocks & ETFs account
5. Wealthsimple Stocks & ETFs TFSA account
6. Wealthsimple Stocks & ETFs RRSP account
7. Wealthsimple Save account
8. Wealthsimple Crypto account
9. Wealthsimple Cash account

There may be tax implications to the Bonus. If your Promotional Account is an RRSP or TFSA, the Bonus will be reported by Wealthsimple as a contribution to CRA. You are required to review your available contribution room prior to making a contribution to your registered account. Any excess contribution penalties that arise from a contribution are solely the responsibility of you, the client. If you require tax advice, please contact your personal tax advisor.

Do I have to buy stocks, ETFs or crypto with my Bonus?

There is no requirement that you purchase any securities or crypto with the Bonus. We do not provide recommendations or investment advice about how to use funds in your Wealthsimple Stocks & ETFs or Wealthsimple Crypto account. You alone are responsible for your investment decisions and Wealthsimple will not consider your financial situation, investment knowledge, investment objectives, savings objectives and risk tolerance when accepting orders from you. All investments involve risk. To get more info on our products, investment decisions, fee schedules, user testimonials, promos & more visit wsim.co/disclaimers. 

Terms & Conditions

This Max Out Mondays Final Week Deposit Promotion is sponsored by Wealthsimple Technologies Inc. (together with its affiliates, “Wealthsimple”). This Promotion is valid for eligible users of Wealthsimple Stocks & ETFs offered by Wealthsimple Investments Inc., Wealthsimple Managed Investing offered by Wealthsimple Inc., Wealthsimple Crypto offered by Wealthsimple Digital Assets Inc., Wealthsimple Save offered by Wealthsimple Investments Inc., or Wealthsimple Cash offered by Wealthsimple Investments Inc. and Wealthsimple Payments Inc., who successfully deposit or transfer $1,000 or more into their Managed Investing, Stocks & ETFs, Crypto, Save and/or Cash accounts during the Promotional Period. Deposits into Corporate Accounts, Locked-In Retirement Accounts and Registered Education Savings Plans are eligible. Only deposits into accounts for which the depositor is the primary account holder are eligible. Direct deposits made by an organization into a Wealthsimple account (such as payroll deposits) and deposits into Group Registered Retirement Savings Plans are excluded. Bonus amounts are determined as follows: 

Minimum Deposit	Bonus
$1,000	$5
$2,500	$15
$5,000	$25
$50,000	$250
$250,000	$2,000
$500,000	$4,000

All amounts shown are in Canadian dollars. Transfers must be received from a third party not affiliated with Wealthsimple to be eligible. Bonus amounts will be calculated based on cumulative deposits plus transfers into your Wealthsimple Managed Investing, Stocks & ETFs, Crypto, Save and/or Cash accounts less withdrawals made from any Wealthsimple account throughout the Promotional Period. For example, if you deposit $10,000 into your Wealthsimple Managed Investing RRSP, transfer $5,000 into your Stocks & ETFs account from another institution and withdraw $3,000 from your Save account during the Promotional Period, the net deposit amount used for calculating the Bonus would be $12,000. 

Customers who receive a Bonus must maintain their net deposits across their Wealthsimple accounts for 180 days from the end of the Promotional Period or their Bonus payment may be deducted from their final withdrawal amount or otherwise recovered by Wealthsimple. Withdrawals, transfers out, e-transfers and card spending are all considered withdrawals and affect the calculation of net deposits. This Bonus is non-transferrable and cannot be combined with other sign-up offers or promotion codes and cannot be applied retroactively. You are only eligible to receive the Bonus if you are a new or existing Wealthsimple client, and you otherwise meet our eligibility requirements. Limit of 1 Bonus per qualified user. Must be a resident of Canada.

Wealthsimple reserves the right to amend, withdraw or restrict this Promotion at any time without notice. Wealthsimple is the sole arbiter of these rules and any other issue arising under this Promotion. If Wealthsimple suspects fraudulent or abusive behaviour, gaming of the system or a violation of these terms, Wealthsimple reserves the right to remove all promotions from your Wealthsimple account(s) and take any other action it deems appropriate including, but not limited to, closing your Wealthsimple account(s). An invitation to participate in this Promotion does not provide assurance that you will be accepted as a customer of Wealthsimple. This Promotion is only valid for individuals in Canada that otherwise meet our eligibility requirements. Our standard terms (https://www.wealthsimple.com/en-ca/legal/terms) relating to your use of Wealthsimple and any agreements that apply to your Wealthsimple account(s) each apply and are not affected in any way by this offer.