Up to $625 Cash Back
$0
Wealthsimple and Up to $625 Cash Back $0 from FinlyWealth**
Offer Terms
** Terms and conditions apply.
- Excludes registrants, US funded clients, Wealthsimple Basic sales less than CAD500, Wealthsimple Trade sales less than CAD150, and all other sales.
- For new Wealthsimple clients only.
How it Works
- 1.Sign in or create a new FinlyWealth account.
- 2.Click the offer link provided in order to be redirected to the merchant's page.
- 3.Make sure to add your Interac e-Transfer email to your Finly profile for us to process payments.
- 4.Complete your application or purchases in one go.
- 5.Once approved, the institution will report the transaction to us based on their reporting schedule, which can vary from 3-5 days to 1-2 months. Your Finly cashback profile will reflect that as soon as we receive a status update.
- 6.Rebate payments are generally processed within 5 business days of receiving transaction confirmations, however it may vary depending on payment processing times.
Card Details
New Wealthsimple client with funding totaling greater than $499,999 | $625 + $50 |
New Wealthsimple client with funding totaling greater than $99,999 and less than $499,999 | $150 + $50 |
New Wealthsimple client with funding totaling greater than $500 and less than $99,999 | $35 + $50 |
New Wealthsimple client with funding less than $500 | $0 |
Welcome Bonus
- Get a $25 welcome bonus when you sign up and fund your account with a minimum of $1*
Product Description
CHEQUING & SAVINGS:
For everyday spending and saving
Some accounts are good for parking and growing your money, while others are good for avoiding fees and restrictions. Wealthsimple chequing accounts are great for all of those things.
- Interest rates starting at 1.75% (up to 2.75%)2
- No minimums, monthly fees, or overdraft penalties
- No-fee prepaid Mastercard with 1% cash back on everything3
- No ATM fees or Foreign Transaction (FX) fees4,5
- Access to 60,000 ATMs across the country
- Third-party ATM fee reimbursements up to $5 per transaction4
- Unlimited free Interac e-Transfers®, bill payments, and debit transaction
- 0.5% interest boost (up to 2.75% total) when you set up eligible direct deposits6
- Up to $1 million in CDIC deposit insurance coverage on eligible CAD deposits7
- Up to eight individual and eight joint accounts to help organize your money for different goals like vacations, emergency fund, etc.
SELF-DIRECTED INVESTING:
Zero-commission stock and ETF trading
Their self-directed investing platform lets you buy and sell your favourite assets, 100 % commission-free, with ultra-low conversion fees for U.S.-listed securities.
- 100 % commission-free stock and ETF trading (some banks charge up to $9.99 per trade)8
- More than 14,000 Canadian and U.S. stocks and ETFs to choose from
- FX conversion fees of 1.5 % or less to and from USD accounts9
- Advanced products like options trading, and margin accounts with lower rates than any Canadian bank (as low as prime − 0.5 % for qualified clients)10
- Automated investments, dividend reinvestment, and fractional shares
- Stock lending to generate passive income11
- Real-time data and advanced charting tools
- Overnight trading for thousands of U.S. stocks and ETFs (24 hours a day, 5 days a week)12
- 90+ cryptocurrencies to trade with low fees13
PORTFOLIOS:
Expert-built, tailored investing
Their managed portfolios are designed by experts and personalized to your risk tolerance and goals. Or choose a customized portfolio that lets you invest exactly the way you want.
- Low account fees (0.5 % or lower)14
- Easy customization to tailor your portfolio to your strategy
- Premium and Generation clients in managed portfolios receive on-demand access to financial planners
- Households with more than $500,000 in assets can receive fully bespoke wealth management for their entire family (additional fee of 0.35 % applies)
Rebate Timeline
Posting Time
1 day after signup
Locking Time
30-60 days after finishing signup
Product Signup
You signup as a new customer
Requirements Met
You fund at least $500 to any accounts within 30 days
Expected: 30 daysFinal Approval
Wealthsimple confirms eligibility after satisfying requirements
Expected: 30 daysPayments & Privacy
- •We take privacy serious and believe in keeping your information the way it's meant to be - private. We ask for minimal information to reduce exposure and secure any personal information stored using the latest industry standards.
- •Payments are sent via Interac e-Transfer through our secure automated payment system. We often use Wise as our payment processor. If your Interac requires a password to accept payments, Wise will send you the PIN via email, otherwise the cash payment will be auto-deposited directly into your bank account. You do not need to have a Wise account to accept payments.
Helpful Tips
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Read eligibility criteria
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User Reviews
See our full list of reviews on Trustpilot