Forgot to enter a referral code when you created your Wealthsimple account? You're not alone, it's one of the most common questions new users ask. The good news is Wealthsimple lets you add a code after signing up, as long as you've funded your account recently.
This guide walks through exactly how to do it, how long you actually have, and what to watch out for so you don't miss out on your $25 bonus.
Can you add a referral code after signing up?
Yes. The rule that trips people up is that it works the opposite way from what a lot of people assume: you don't need to add the code before you fund your account. Instead, funding your account is what opens the window.
Here's how it actually works:
- If you haven't funded your account yet, there's no deadline pressure. Add the code whenever you're ready.
- Once you fund your account for the first time, you have 7 days to enter a referral code.
- After that 7-day window closes, Wealthsimple support may still be able to attach a code manually, but there's no guarantee, and it becomes much harder the longer it's been.
So if you signed up a while ago and never got around to funding your account, you're actually fine, just add the code before or right when you make your first deposit.
Step-by-step: how to enter a code after sign-up
Wealthsimple has a built-in flow for this, and it now works on both the app and desktop.
Step 1: Log in to your account
Open the Wealthsimple app, or log in on desktop at wealthsimple.com. Both work for this.
Step 2: Tap or click the gift icon
Look for a small gift box icon (on desktop it sits near the bottom left of your Home page). Tap or click it to open the referral section.
Step 3: Go to Invite friends
You'll land on the Invite friends tab, which shows your own sharing code plus an option to enter one you received.
Step 4: Select "Enter referral code"
Tap or click Enter referral code, then type in US0EBW. Double-check it's entered correctly, the code is case-sensitive. Confirm.
Step 5: You're done
Wealthsimple confirms the code has been applied. Your $25 bonus gets credited automatically once you've deposited at least $100 and it's cleared.
What if you can't find the gift icon?
A few things to try:
- Update the app. An outdated version may not show the gift icon in the expected spot. Check the App Store or Google Play for updates.
- Try desktop instead. If the mobile flow isn't cooperating, log in at wealthsimple.com and look for the gift icon there instead.
- Log out and back in. A fresh login occasionally refreshes the home screen and makes the icon appear.
- Contact Wealthsimple support. If nothing works and you're still inside your 7-day window, reach out through in-app chat. They can confirm whether the option is available on your account.
What happens if you already made a deposit?
This is the part most guides get backwards. Making a deposit doesn't close your window, it opens it. You have 7 days from your first funding to go add the code.
If it's been longer than 7 days since you funded your account and you never entered a code, your best bet is contacting Wealthsimple support directly. They handle these on a case-by-case basis, and the further past the 7-day mark you are, the less likely they'll be able to attach it retroactively.
The 7-day window explained
The clock starts from the date of your first funding, not from when you created your account or verified your identity. So an account that's been sitting unfunded for two months is still completely fine, nothing has started counting down yet.
Quick reference:
| Situation | Can You Still Enter the Code? |
|---|---|
| Signed up, no deposit yet | Yes, no deadline pressure |
| Funded today | Yes, you have 7 days from now |
| Funded 5 days ago | Yes, but act soon |
| Funded 10+ days ago | Contact support, not guaranteed |
| Never funded, account is old | Yes, still fine, add it before you fund |
How much is the bonus worth?
Using code US0EBW gets you a $25 cash bonus when you deposit at least $100 into any Wealthsimple account. That $25 lands directly in your Chequing account, no hoops to jump through.
Put another way, a $25 bonus on a $100 deposit works out to an instant 25% return before your money's even invested. It's one of the better sign-up bonuses currently available from a Canadian fintech.
Stacking the bonus with other promotions
The referral bonus stacks with other Wealthsimple promotions currently running:
Transfer match bonus. Wealthsimple offers a 1% cash match on transfers of $25,000 or more, rising to 3% if you qualify for Active Trader status. If you're transferring a larger registered account, you can earn both the referral bonus and the transfer match at once.
Monthly Millionaire. Every dollar deposited counts as one entry into a monthly $1 million prize draw. The deposit you make to qualify for the referral bonus counts as entries too.
These change fairly often, so check the app for whatever's currently active when you sign up.
Why does Wealthsimple tie the code to a window after funding?
The reasoning is similar to most referral programs: it's meant to prevent abuse, mainly people trying to retroactively attribute old deposits to referrals they weren't actually part of. Tying it to a short window after your first deposit gives Wealthsimple a clean way to verify the relationship without locking new users out the moment they forget to enter a code up front.
It's a more forgiving approach than some competitors take. A few other Canadian fintech referral programs only allow the code at the exact moment of account creation, with zero flexibility afterward.
Frequently asked questions
Can I enter the code on desktop instead of the app? Yes. The gift icon and Invite friends flow work on both the mobile app and the desktop site at wealthsimple.com.
What if I entered the wrong code? Contact Wealthsimple support right away through in-app chat. If you're still within your 7-day post-funding window, they may be able to correct it, but there's no guarantee, so act fast.
Does the person who referred me also get a bonus? Yes, when you successfully use a referral code and deposit $100, the person who shared it also gets a $25 bonus.
Is the $25 bonus available as cash I can withdraw? The $25 lands in your Wealthsimple Chequing account. You can transfer it to your bank account like any other balance, though it may be subject to a short holding period.
What if I funded my account weeks ago and never entered a code? Your 7-day window has almost certainly closed. Reach out to Wealthsimple support and see if they can still attach it, but don't count on it. Referring a friend going forward earns you the same $25 bonus, so that's a solid backup plan.
🎁 Sign up at Wealthsimple and enter code US0EBW to lock in your $25 bonus, then fund your account with $100 and it's yours.
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