What is the Wealthsimple SRI Funding Bonus?
Last Updated: July 16, 2021
Wealthsimple will deposit a cash bonus (the “Bonus“) in your account when you fund your Wealthsimple Invest SRI accounts with a minimum of $10,000. Only select users of Wealthsimple Invest that receive and click through from the relevant promotion link containing the unique tracking code allowing Wealthsimple to identify you are eligible. 1 Bonus per qualified user. Must be a resident of Canada.
What is the Bonus amount?
The Bonus is tiered in accordance with the table below:
Client invests Min
Client invests Max
How do I claim the Bonus?
To claim your Bonus, fund one or more Qualifying Accounts with a minimum of $10,000. The Bonus will be delivered within 7-10 days of the end of the Offer Period.
Qualifying Accounts include most Wealthsimple Invest accounts (see terms below for full list). Deposits into Wealthsimple Trade, Cash, Crypto or Save accounts will NOT be counted.
The Bonus will be paid into your accounts in the following order of preference:
- Wealthsimple Save Accounts
- Non-registered or Personal Wealthsimple Invest accounts
There may be tax implications to the Bonus. For registered accounts, no tax receipt will be issued for the Bonus. If you require tax advice, please contact your personal tax advisor.
How long does this offer last?
The Offer Period begins on July 19, 2021, and will end on August 15, 2021. All deposits must be made during the Offer Period.
General Terms and Conditions
Qualifying Accounts include any Wealthsimple Invest RRSP, Spousal RRSP, TFSA, Non-Registered Account, RESP, RRIF, LIRA, LIF, or Corporate Account. Funding amounts must be sourced from a non-Wealthsimple account. The Qualifying Account cannot be funded by transferring funds directly or indirectly from another account at Wealthsimple.
This offer does not apply to Wealthsimple Trade, Crypto, Save or Cash Accounts or clients on the Wealthsimple for Work platform. This offer cannot be used in conjunction with any other promotional offer. Deposits that are split across more than one account will be considered for eligibility when calculating whether you meet the net new asset threshold (for example, $5000 in an RRSP Account and $5000 in a Non-Registered Account will combine to meet the $10,000 threshold). Customers who receive a bonus payment must keep the funds in their account(s) for 180 days from the end of the Offer Period or the Bonus may be deducted from their withdrawal amount or otherwise recovered by Wealthsimple. Withdrawals across any of the Customer’s Wealthsimple accounts during the 180 day period will be considered in calculating the forgoing.
Wealthsimple employees and their immediate family members living in the same household are not eligible.
Wealthsimple reserves the right to amend, withdraw or restrict this offer at any time without notice. Wealthsimple is the sole arbiter of these rules and any other issue arising under this offer. 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 offer does not provide assurance that you will be accepted as a customer of Wealthsimple. This offer 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.