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Wealthsimple

Free $40 for opening a Wealthsimple Crypto account [targeted]

  • Last Updated:
  • Jun 14th, 2022 12:19 pm
[OP]
Deal Expert
User avatar
Jan 9, 2011
18331 posts
25889 upvotes
Vancouver

Free $40 for opening a Wealthsimple Crypto account [targeted]

Deal Link:
Savings:
$40
Expiry:
April 30, 2022
Retailer:
Wealthsimple
If you already have Wealthsimple accounts but not crypto, check your email inbox for this targeted offer.

What is the Promotion?

From Monday, April 25, 2022 at 12:01 a.m. EST to Saturday, April 30, 2022 at 11:59 p.m. EDT (the “Promotional Period”), Wealthsimple will deposit a cash value of $40 (the “Bonus”) in your new Wealthsimple Crypto account when you open and fund a minimum of $1 to the account during the Promotional Period and maintain your funded Crypto account for 14 consecutive days thereafter. The Bonus will be applied to your account on or before Wednesday, May 18, 2022.

There is no requirement that you purchase any crypto asset with the cash. Wealthsimple Crypto does not provide recommendations or investment advice. You alone are responsible for your investment decisions and Wealthsimple Crypto will not consider your financial situation, investment knowledge, investment objectives, savings objectives and risk tolerance when accepting orders from you. Learn more about each cryptocurrency in Wealthsimple Crypto here.

Who can Qualify?

Only new Wealthsimple Crypto clients, being clients that have not previously funded a Wealthsimple Crypto account, that received an email from Wealthsimple inviting them to participate in this promotion are eligible. This promo cannot be combined with other sign-up offers or promotion codes and cannot be applied retroactively. Limit 1 per Bonus per qualified user. Must be a resident of Canada.
Last edited by Kiraly on Apr 27th, 2022 12:49 pm, edited 1 time in total.
64 replies
Deal Guru
User avatar
Mar 12, 2004
11842 posts
2443 upvotes
Guelph
Got the email. Funded $10 to test it out though you are required to only fund $1 minimum.
HEATWARE AT 64-0-0. Ebay Feedback 200+ and counting. RFD Feedback 71-0-0 and counting.
Member
Jun 22, 2001
220 posts
109 upvotes
How do you fund an Account at WS? Do you need to have one of their other services to do so?
[OP]
Deal Expert
User avatar
Jan 9, 2011
18331 posts
25889 upvotes
Vancouver
owned wrote: How do you fund an Account at WS? Do you need to have one of their other services to do so?
I have a Wealthsimple cash account, it is connected to my chequing account at my credit union. After downloading and logging in to the WS Trade app it was able to see my chequing account and fund from there.
Deal Expert
Jan 17, 2009
23327 posts
40158 upvotes
ONTARIO
owned wrote: How do you fund an Account at WS? Do you need to have one of their other services to do so?
You can link a bank account.

I have my Tangerine account linked and that is how I pull money from it into WS.
Sr. Member
User avatar
Feb 16, 2014
683 posts
624 upvotes
I got to this targeted email last month, March. Funded $1.00 and got my $40.00 about a week later.
Deal Addict
Dec 5, 2010
3731 posts
1517 upvotes
Montreal
can you cash out everything after the promotion?
Member
Nov 5, 2021
283 posts
278 upvotes
How logical is it to avail this offer? Do they give cash or crypto assets of value 40$
Deal Addict
User avatar
Sep 2, 2018
1582 posts
1727 upvotes
QC, Canada
Nishant872 wrote: How logical is it to avail this offer? Do they give cash or crypto assets of value 40$
Cash
Deal Addict
Oct 29, 2004
2297 posts
910 upvotes
I don't see any emails from them. That means I'm not eligable?
Deal Addict
Jun 19, 2006
2730 posts
521 upvotes
Toronto
jon604 wrote: I don't see any emails from them. That means I'm not eligable?
Only new Wealthsimple Crypto clients, being clients that have not previously funded a Wealthsimple Crypto account, that received an email from Wealthsimple inviting them to participate in this promotion are eligible.

Yes, based on above.
Sr. Member
User avatar
Feb 16, 2014
683 posts
624 upvotes
albundy99999999 wrote: Only new Wealthsimple Crypto clients, being clients that have not previously funded a Wealthsimple Crypto account, that received an email from Wealthsimple inviting them to participate in this promotion are eligible.

Yes, based on above.
Correct. Opened a WealthSimple when they started up. Never had a crypto account. My email offer never had a holding period so I transferred $41 ($40 + $1) back to my chequing account the next day.
Crypto account = $0.00
Deal Addict
Oct 29, 2004
2297 posts
910 upvotes
albundy99999999 wrote: Only new Wealthsimple Crypto clients, being clients that have not previously funded a Wealthsimple Crypto account, that received an email from Wealthsimple inviting them to participate in this promotion are eligible.

Yes, based on above.
I never opened a crypto account but opened a cash savings account in Sept for a metal card that never came out. But nothing on my emails. Just tsfa rrsp stuff.
Member
User avatar
Oct 31, 2018
404 posts
1013 upvotes
I had opened a crypto account a few months back and got nothing
For someone does not have WS investment account, you may get a similar cash bonus for opening investment or personal accounts with them
Just remember do some searches before sign up
I used a promo code I found via the internet and got $50 for my personal invest. Account as well
Lehmann L
Member
Nov 25, 2018
310 posts
242 upvotes
I already had a crypto account that I never funded, and I got the email. Not sure if I'll receive the promotion since i already had the account but I funded with 5$ anyway. Wait and see
Deal Addict
Dec 4, 2008
2293 posts
2029 upvotes
I was targeted for this promo despite already having a WS Trade Crypto account already. Yes, previously funded, already holding BTC...
Sr. Member
Sep 29, 2015
552 posts
651 upvotes
Toronto, ON
Thanks OP - got this email but didn't really read it carefully previously. $1 funded.
Deal Addict
Nov 19, 2010
2528 posts
1307 upvotes
burlington, on
Am I the only one didn’t receive this promo? I always filed tax with simple tax and from last year with WS and no promo? Anguished Face
Deal Addict
Jul 1, 2006
1003 posts
899 upvotes
I also got the email. Pretty sure I received a bonus for funding the crypto account before, but what the heck... what's $10 for a few weeks to see if I get another $40.
Jr. Member
Mar 3, 2018
133 posts
120 upvotes
Got an email today saying it was an error and won't receive a bonus

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