Wealthsimple Chequing Account Introduction

Updated on Sep 25, 2025: As of October 1, 2025, there will be a few changes on Wealthsimple Chequing Account and Wealthsimple prepaid Mastercard

• Wealthsimple will be retiring the 1% cash back reward of Wealthsimple prepaid Mastercard. You can continue to earn cash back up until October 1, 2025 and a final payout will be made on November 1, 2025. 
• You can now transfer funds in 10+ currencies (including USD, EUR, INR, GBP and even more on the way) right from the app — with low, transparent fees using mid-market exchange rates.
• You now have access to more shipping options of bank drafts and can also send them directly to a specific recipient or third party, rather than just to your home address.
• Eligible clients can send up to $25K per day with Interac e-Transfer®, and you can now manage your sending limits in-app
• Starting October 1, Wealthsimple will reimburse all ATM fees when you use your Wealthsimple prepaid Mastercard, almost anywhere in the world. No more $5 cap, and no limits at all.

Updated on Sep 20, 2025: On September 17, 2025, the Bank of Canada and the Federal Reserve both lowered their benchmark interest rates by 0.25%. Therefore, starting on Monday, September 22, the interest rates across several of Wealthsimple accounts are changing.

Wealthsimple Chequing Account is one of the Wealthsimple products. You can use it to split takeout or rent, send a friend cash for a coffee, or request money instantly. With Wealthsimple Chequing Account there are no monthly account fee and no low balance fees. If you want to sign up and fund a new Wealthsimple Chequing account, please use our referral code: (you can email us for the referral code: canadianrewards@gmail.com), thanks. You will earn $25 bonus from Wealthsimple. And you will have your own referral code after registration.

Airmilesshops.ca: Get 10x miles sitewide

Deal Link: https://www.airmilesshops.ca/en

Expiry: Oct 6, 2025

Guilt-free shopping on the latest fall finds at 400+ online brands! Shop through airmilesshops.ca and get 10x the AIR MILES Reward Miles sitewide until October 6, 2025.

Qtrade Direct Investing Cash Back Offer

Deal Link: https://www.qtrade.ca/en/investor/campaign/cashbackoffer.html

Expiry: Nov 30, 2025

You can earn up to $2000 cash back if you open a new Qtrade Direct Investing account. How to claim your offer:

• Open a new account with Qtrade Direct Investing using promo code QTRADE2025 before November 30, 2025.
• Deposit net new funds into the new account by December 31, 2025, to receive a cash bonus as follows: Deposit up to $15,000 and get 5% cash back on every dollar deposited, or Deposit $15,001 and above and get $750 plus 1% cash back on every dollar deposited up to a total cash back amount of $2,000.
• For NEW clients to Qtrade only, receive unlimited $0 trades until December 31, 2025, payable as a rebate on January 31, 2026.
• Hold your net new deposits in the new account until December 31, 2026.
• Receive your cash back in your Qtrade Direct Investing account on or around February 28, 2027.

AmEx Offer for Lululemon

Expiry: Feb 1, 2026

Spend at least $150 in qualifying purchases using your registered AmEx Card at participating lululemon location(s) or at shop.lululemon.com/en-ca/ by Feb 1, 2026 and earn a one-time $20 statement credit. Only the first 35,000 cards to be successfully registered are eligible for the offer.

AmEx Offer for Enterprise Rent-A-Car

 

Expiry: Dec 31, 2025

Spend at least $300 in qualifying purchases using your registered AmEx Card directly at participating Enterprise Rent-A-Car location(s), at www.enterprise.ca/en/home.html or on the Enterprise Rent-A-Car app by Dec 31, 2025 and earn a one-time $60 statement credit.. Only the first 20,000 cards to be successfully registered are eligible for the offer. 

Get 85% bonus when you buy Aeroplan points

Deal Link: https://aeroplan.points.com/air-canada-kilo/en-CA/buy

Expiry: Sep 24, 2025

Aeroplan Members will be able to buy Aeroplan points (70,000+) and earn a 85% bonus points through Sep 24, 2025. Just a reminder that all Buy points transactions made with U.S. based cards with a U.S. billing address are not subject to sales tax. 

Earn 4X Aeroplan points with Uber and Uber Eats

 

Expiry: Sep 11, 2025

You can earn 4X Aeroplan points on your next eligible Uber ride, your food order with Uber Eats of $40+, or your next Uber Eats grocery delivery or retail order with your linked Aeroplan and Uber accounts. Offer ends Sep 11, 2025.

Air Miles Redemption Event

 

Expiry: Sep 17, 2025

This offer is valid for Air Miles collectors who opt-in and redeem a minimum of 95 Cash Miles or a minimum of 250 Dream miles between Sep 4, 2025 and Sep 17, 2025. For each eligible redemption during the offer period, collectors will earn bonus miles equal to 15% of the Miles that they redeemed on an eligible reward, rounded down to the nearest mile. 

AmEx Offer for WorldHotels

Expiry: Dec 31, 2025

Spend at least $1,000 in qualifying purchases using your registered AmEx Card at participating WorldHotels location(s) or at www.worldhotels.com by Dec 31, 2025 and earn a one-time $200 statement credit. Only the first 50,000 cards to be successfully registered are eligible for this offer. 

TD Direct Investing Offer

Deal Link: https://www.td.com/ca/en/investing/direct-investing/direct-investing-offer/summer2025

Expiry: Sep 30, 2025

For a limited time only, get $50 cash and a 10% deposit match when you transfer in $1,000 or more and set up a recurring deposit to a new account:

• Open and fund a new TD Direct Investing or TD Easy Trade account with $1,000 or more using the promo code SUMMER2025 by September 30, 2025
• Set up a minimum PAD/MCP of $50 per month by September 30, 2025
• Receive your $50 cash reward by November 15, 2025
• If you set up a new PAD or MCP by September 30, 2025, you will be eligible for 10% deposit match on the total monthly deposits until September 30, 2026. For example, if you set up a monthly recurring deposit of $100, you'll receive a $10 match each month, resulting in a total reward of $120 for 1 year.