The Wealthsimple Cash 10% Student Cash Back Promo (the “Offer”) is valid for students who are new and existing users of the Wealthsimple Cash Visa Prepaid Card (Cash Card) (“Cash Card”). The 10% earn rate, which may be subject to change, applies to qualified spend up to $200 (less refunds and excluding cash-like transactions, any applicable fees and adjustments). There is a maximum cash back of $20 per week.
Qualified spend for the Offer applies only to transactions that take place between September 13, 2021 - October 31, 2021 at the following businesses (“Qualifying Spend”):
- Williams Fresh Cafe | 160 University Ave W #2
- Starbucks | 247 King St N
- Campus Pizza | 160 University Ave W #2
- Lazeez | 170 University Ave W
- iPotato | 170 University Ave W
- Ken Sushi House Phillip Square | Blair House, 256 Phillip St
- Marble Slab Creamery | 158 University Ave W
- Sweet Dreams Teashop | 158 University Ave W
- The Alley | 170 University Ave W
- Mel’s Dinner | 140 University Ave W
Cash back credits are earned on net purchases only and pay out will occur within 7 business days after the Qualified Spend transaction. Wealthsimple will have absolute discretion in determining whether the Offer applies to a particular purchase. The Offer is not combinable with other offers.
Wealthsimple reserves the right to amend, withdraw or restrict the Offer at any time without notice. Wealthsimple is the sole arbiter of these terms, the calculation of Qualifying Spend, and any other issue arising in connection with the 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 the applicable Wealthsimple Cash account and take any other action it deems appropriate including, but not limited to, closing the applicable Wealthsimple Cash account. An invitation to participate in this Offer does not provide assurance that the referred customer will be accepted as a customer of Wealthsimple. This offer is only valid for individuals in Canada that otherwise meet Wealthsimple’s eligibility requirements. Wealthsimple’s standard terms (https://www.wealthsimple.com/en-ca/legal/terms) relating to your use of Wealthsimple and any agreements that apply to the Wealthsimple Cash account each apply and are not affected in any way by this Offer.
Our Cash product is offered by Wealthsimple Payments Inc., a FINTRAC registered money services business. Money in your Cash account is held in an account with ShareOwner. ShareOwner is a member of the Investment Industry Regulatory Organization of Canada. Customer accounts held at ShareOwner.
All cash balances from your Wealthsimple Cash account are held in trust at a Canada Deposit Insurance Corporation (CDIC) (https://www.cdic.ca/about-us/) member institution. CDIC insures eligible cash balances payable in Canada up to $100,000 per client per member institution within each insured category. Protection eligibility is free and automatic with your Wealthsimple Cash account. Learn more (https://www.cdic.ca/your-coverage/how-deposit-insurance-works/deposits-held-in-trust/) about how CDIC protection works.