Wealthsimple Referral Code 2026
Code UHGWMQ — $25 cash for you, $25 cash for the referrer.
Verified working — July 2026
UHGWMQ
Direct link: wealthsimple.com/invite/UHGWMQ
What You Get
Both the new client and the referrer receive $25 cash, deposited directly to their Wealthsimple chequing accounts within 24 hours of the new client's first eligible deposit. There's no cap on referrals.
Who Qualifies
| Situation | Eligible? |
|---|---|
| Never signed up for Wealthsimple | Yes |
| Signed up but never funded | Yes — enter code anytime |
| First deposit within the last 7 days | Yes — enter code now |
| First deposit more than 7 days ago | No |
| Existing Wealthsimple client | No |
Eligible Accounts
Your $100 deposit must go into one of these account types to trigger the bonus:
- Wealthsimple Trade (self-directed stocks & ETFs)
- Crypto
- Managed Investing (robo-advisor)
- Chequing
Important: Internal transfers between your own Wealthsimple accounts don't count. The $100 must come from an external bank or institution.
How to Enter the Code
At signup
Use the direct link wealthsimple.com/invite/UHGWMQ — the code is applied automatically.
After signup (unfunded account)
1
Open the Wealthsimple app
Tap the gift icon in the top-right corner of the Home screen.
2
Tap "Invite Friends"
Then tap "Enter referral code."
3
Enter UHGWMQ
You'll see a confirmation that the code has been applied.
4
Deposit $100 within 30 days
From an external bank. Your $25 lands within 24 hours.
Frequently Asked Questions
What is the current Wealthsimple referral code?
The current code is UHGWMQ. It's a personal referral code that works exactly like a promo code — new clients enter it to claim a $25 cash bonus after their first $100 deposit.
Is a referral code the same as a promo code on Wealthsimple?
Yes. Wealthsimple uses the terms interchangeably. The platform doesn't issue separate public "discount codes" — personal referral codes like UHGWMQ serve the same function.
How long do I have to deposit after entering the code?
You have 30 days from when you enter the referral code to deposit at least $100 from an external source. If you miss the window, the referral relationship expires and cannot be reinstated.
Does the $25 go into my registered account (TFSA/RRSP)?
No — as of July 2025, Wealthsimple deposits the bonus directly into your Wealthsimple chequing account. If it were deposited into a registered account, it would count as a contribution. Both you and the referrer need an open chequing account to receive the bonus.
I entered the wrong referral code. Can I change it?
Only if you haven't yet funded your account and more than 30 days have passed since entering the wrong code. If a $25 bonus has already been paid as a result of the existing relationship, it cannot be changed. Contact Wealthsimple support if you need help.
Is there a limit to how many people can use my referral code?
Wealthsimple doesn't cap the number of referrals, but each unique person can only be referred once. You earn one $25 bonus per unique successful referral.
What happens after I deposit — when exactly do I get the $25?
Within 24 hours of your first eligible deposit settling in your account. You'll receive a notification from Wealthsimple confirming the bonus has been applied to your chequing account.
Can I combine the referral code with other Wealthsimple promotions?
Yes. The $25 referral bonus stacks with Wealthsimple's transfer promotions like the 1% Match. Sign up with UHGWMQ first to lock in your referral bonus, then enroll in any active transfer promotion before funding. See current promotions →
Independent site. Not affiliated with Wealthsimple Inc. Code terms may change — verify at wealthsimple.com.