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Finly rebate paused on this offer
The cash-back rebate on this product isn’t active right now, but the issuer’s offer still is. You can apply directly below — there just won’t be a Finly rebate this time.
Wealthsimple
We don't currently offer a Finly cash-back rebate on this product, but the issuer's offer is still on. Click below to apply directly through their site — no Finly rebate this time, just a quick handoff.
Paid via INTERAC e-Transfer
Secure & private
$1,004,000+ paid out to Canadians
The brokerage
Why Wealthsimple?
Issued by Wealthsimple. Apply through Finly and stack our cash rebate on top of the broker's own welcome bonus.
How to earn the welcome bonus
New to Wealthsimple? We'll give you a $25 cash bonus when you open your first Wealthsimple account through this page and fund at least $1 within 30 days*
Trading fees
Stocks
$0
ETFs
$0
Options
$0.75-2 USD/contract
Crypto
0.5% - 2%
Forex
N/A
FX conversion
1.50%
Account fees
Monthly fee
$0
Annual fee
$0
Management fee
0.50%
Norbert's Gambit
$9.95/journal
Platform highlights
Commission-free stocks
Commission-free ETFs
Fractional shares
Crypto trading
FAQ
Common questions, answered.
Still unsure? Reach out to support after signing up — we'll get back to you within a couple of business days.
Yes. The Finly rebate stacks with whatever sign-up offer or welcome bonus the institution provides. You get both.
Rebates are sent via Interac e-Transfer to the email on your Finly profile. Once your sign-up is verified, payments are typically processed within 10 days.
The financial institution reports the transaction back to us within a few days to a few weeks, depending on their reporting cadence. You can track the status from your Finly account.
Switching devices mid-application, using a VPN, ad blocker, or incognito mode can break our tracking cookies. Complete the application on a single device in one session for a smooth experience.
No — Finly rebates apply only to brand-new sign-ups. If the financial institution flags you as an existing customer for that product, the rebate won't apply.
Most brokerage welcome bonuses require funding within a window after account opening. Check the bonus terms above — Finly's rebate kicks in once the broker confirms your eligible deposit.
Many brokers reimburse transfer-out fees from your previous broker (often up to $150 CAD) when you move qualifying assets. Confirm the current promotion on the broker's site.
What Our Members Say
Real reviews from real users. See our full list of reviews on Trustpilot
Legal & disclosures
Disclosures from the issuing institution. Always confirm product terms directly with the issuer before applying.
Product legal content
*This offer is only available to new Wealthsimple clients.
1Data collected as of March 31, 2025. As compared to all posted-rates of chequing accounts from Canadian financial institutions as listed under Schedule I under the Bank Act. Excludes limited-time and promotional offers and products that do not offer cheques.
21.25% interest rate is available to Wealthsimple Core clients; 1.75% interest rate is available to Wealthsimple Premium clients; and 2.25% interest rate is available to Wealthsimple Generation clients. Annualized rate, calculated daily, paid monthly. Subject to change. For more information, visit wsim.co/rates.
4While Wealthsimple does not charge additional ATM fees, withdrawals may be subject to a fee charged by ATM providers. Wealthsimple will reimburse Cash clients an unlimited number of ATM fee reimbursement globally. Reimbursements will be made to the account linked to the prepaid Mastercard within 4 business days after the ATM transaction settles. For more information, visit wsim.co/atm-reimbursement.
5Foreign transaction (FX) fees are surcharges typically applied by financial institutions to foreign currency purchases. Foreign currency transactions are still subject to a currency conversion fee from credit card issuers.
6Wealthsimple Core and Premium users who set up automated direct deposits totalling at least CAD $2,000 a month to their Wealthsimple chequing will earn a boosted interest rate of 0.5% (“Boosted Rate”) on top of their current interest rate towards their chequing account balance, up to a maximum of 2.25% total interest rate for CAD Cash accounts. Boosted Rate is an annualized rate, calculated daily, paid monthly, and is subject to change. Must be residents of Canada and age of majority. Max 1 Boosted Rate per eligible client per currency account. Full details at wsim.co/dd-boosted-interest.
7For more information about CDIC coverage, visit wsim.co/legal.
8Wealthsimple may charge a foreign exchange fee for converting between CAD and USD. See wsim.co/fee-schedule for details.
9FX Conversion Fee is applied to the WSII Corporate Exchange Rate as described in the Fee Schedule at wsim.co/fee-schedule. The WSII Corporate Exchange Rate is a live rate including a spread which may vary due to market conditions.
10Compared to margin interest rates with similar asset requirements from Canadian financial institutions as listed under Schedule I under the Bank Act as of March 13, 2025. Wealthsimple’s margin interest rate is P-0.5% for Generation clients, P-0% for Premium clients, and P+0.5% for Core clients. Wealthsimple's margin account prime rate is 4.95% for CAD and 7.5% for USD as of March 13, 2025. Subject to change. Annualized rates, calculated daily, charged monthly. All investments involve risks. See wsim.co/marginaccount for details.
11When participating in the Stock Lending feature, loaned securities are not protected by CIPF. All investments involve risk. For more information regarding the risk of stock lending, please see wsim.co/stock-lending-disclosure.
12For information on risks and other considerations associated with trading during extended hours sessions, please wsim.co/extended-hours.
13On each Order, WSII adds a margin to the exchange rate provided to us by the Liquidity Provider. See wsim.co/crypto-fees for details.
14The management fees for Managed portfolio and automated trading and rebalancing fees for Customized Portfolio are 0.5% for Wealthsimple Core clients, 0.4% for Wealthsimple Premium clients, and from 0.4% for Wealthsimple Generation clients with $500,000 in assets to 0.2% for Wealthsimple Generation clients with $10,000,000 or more in assets. The Wealthsimple Managed classic portfolio has an average MER (management expense ratio) of 0.12%, making a total cost of 0.52%–0.62%. For more information, see wsim.co/investfees and wsim.co/fee-schedule.
15Each transfer of minimum $25,000 must be in a single transfer of an account. See wsim.co/fee-reimbursement for details.
Interac e-Transfer® is a registered trade-mark of Interac Corp. Used under license.