Wealthsimple
Finance
Verified Jul 22
$25 to Start Investing
$25 added to your account for funding an eligible Wealthsimple account. The same signup without code 1U_2KW pays nothing.
Finance Referral Codes & Signup Bonuses (2026)
Canadian banks and brokerages pay the largest referral bonuses on this site, but they also attach the strictest conditions: a minimum deposit, a holding period, or both.
Compare verified finance referral offers from Wealthsimple, Questrade, Interactive Brokers, Tangerine, KOHO and EQ Bank. Each listing shows what you can receive, how to qualify, and when it was last checked.
Referral disclosure: I may receive a reward if you use a link or code. Last checked Jul 23, 2026 - how these offers are checked.
Questrade
Finance
Verified Jul 12
$50 First-Account Bonus
$50 from Questrade for opening and funding your first eligible account within 60 days. Add offer code 676419743378655 during signup.
Interactive Brokers
Finance
Verified Jul 22
Up to $1000 USD in Stock
Up to $1000 USD in IBKR stock for eligible new U.S. clients opening an individual or joint account through the referral link.
Tangerine
Finance
Verified Jul 22
$50 Cash Bonus
$50 cash from Tangerine for depositing $250 and leaving it alone for 60 days. Add Orange Key 31680908S1 during signup - it cannot be added afterwards.
31680908S1KOHO
Finance
Verified Jul 22
3 Months Free, Worth $66
Three months of KOHO Everything free - an advertised $66 value - for one $20 purchase in your first 30 days. Code LH3SDLOQAP, entered at signup.
EQ Bank
Finance
Verified Jul 23
$20 for a $100 Deposit
$20 welcome bonus for opening a Savings Plus account and depositing $100 in your first 30 days - a 20% return on the deposit that triggers it.
Finance referral offers compared
| Offer | What you get | What you have to do | Last checked |
|---|---|---|---|
| Wealthsimple | $25 bonus | Sign up through the referral and fund an eligible Wealthsimple account. | Jul 22, 2026 |
| Questrade | $50 bonus | Be new to Questrade, apply the referral code, and finish opening and funding a first Self-Directed Investing or Questwealth account within 60 days. | Jul 12, 2026 |
| Interactive Brokers | Up to $1000 USD in IBKR stock for an eligible new U.S. client | Be a new U.S. client and open an eligible individual or joint IBKR LLC account through the referral link. Qualifying net deposits determine the stock award. | Jul 22, 2026 |
| Tangerine | $50 bonus | Open an eligible account, deposit $250 within 60 days, and hold $250 for 60 days. | Jul 22, 2026 |
| KOHO | 3 months of KOHO Everything free (advertised value $66) | Register as a new KOHO user, verify the account, and make a first purchase of at least $20 within 30 days. | Jul 22, 2026 |
| EQ Bank | $20 welcome bonus | Be a new EQ Bank client, open a Personal (Savings Plus) account through the referral link, and fund it with at least $100 within 30 days of account activation. | Jul 23, 2026 |
About finance referral offers
Bank and brokerage referral bonuses work differently from a coupon. Nothing is discounted at checkout. Instead the provider pays a cash bonus into your new account after you complete a qualifying action, which almost always means depositing a set amount and leaving it there for a defined period. The bonus arrives days or weeks later, not instantly.
That structure is why the dollar figures look large. A $50 Tangerine bonus requires a $250 deposit held for 60 days. A $20 EQ Bank bonus requires $100 funded within 30 days of activation. The Interactive Brokers offer is larger still but is only open to an eligible new U.S. client, not a Canadian one. Reading the qualifying action matters more than comparing headline numbers.
Every finance offer below is a chequing, savings, spending or self-directed investing account rather than a credit product. Credit-card referral offers are deliberately not listed on this site, so nothing here is opened through a hard credit inquiry.
How to choose between these finance referrals
- Check the deposit you must make, not just the bonus. A $50 bonus that needs $250 held for 60 days is a different commitment from a $20 bonus that needs $100.
- Check the deadline. Most of these require the qualifying deposit within 30 to 60 days of opening the account, and the clock usually starts at account activation rather than application.
- Check eligibility before you apply. The Interactive Brokers listing is for an eligible new U.S. client only; a Canadian resident cannot receive those welcome shares.
- Open one at a time if you plan to claim several. Each has its own holding period, and moving the same money between accounts too quickly can fail a balance requirement.
- Confirm the offer on the provider's own page before funding. Bonus amounts and deposit thresholds change, and the date on each listing tells you when it was last checked.
Which Canadian bank actually pays you to sign up?
Several do, and the amounts move constantly. The listings on this page show what was advertised on the provider's own referral terms on the date shown beside each offer. For a Canadian resident, Tangerine and Questrade currently sit at the top of the cash range here, with Wealthsimple and EQ Bank lower but with smaller deposit requirements. The larger Interactive Brokers figure is not comparable because it is open to an eligible new U.S. client rather than a Canadian one.
A referral bonus is separate from a bank's own public promotion. Banks frequently run a general new-client offer at the same time as a refer-a-friend program, and the two usually cannot be combined. If a provider is advertising a large seasonal promotion on its homepage, compare it against the referral bonus here before choosing which route to open the account through.
What people asking Reddit about Canadian bank referral codes should check
Threads about referral codes tend to accumulate stale numbers. A post quoting a $75 or $100 bonus may be a year old, may describe a limited-time promotion that has ended, or may describe a different account type than the one the code actually applies to. Codes themselves also expire when a program changes.
Rather than trusting a quoted figure, check three things: the account type the offer applies to, the qualifying deposit and holding period, and the date the offer was last confirmed. Each listing on this page states all three, and links to the provider's own terms page so you can verify the current version yourself before depositing anything.
Do these referral codes still work?
Each offer carries the date it was last checked against the provider's official referral terms. A code being present here is not a guarantee the program has not changed since that date — referral programs are altered without notice, and a provider can pause one entirely.
If a code is rejected during signup, it usually means one of three things: the program has changed, the account type you selected is not eligible, or you are not a new client under the provider's definition. Several programs, including Shakepay, allow a referral to be attached shortly after signup, so it is worth checking your account's referral screen before assuming the bonus is lost.
Finance referral FAQ
Which Canadian referral bonus pays the most right now?
Of the finance offers tracked here, the highest advertised cash bonuses are the Tangerine and Questrade offers. The ranked list at /best-referral-bonuses-canada orders every tracked offer by maximum advertised value and shows the qualifying requirement beside each one, because the largest bonus is not always the easiest to earn.
Do I need a good credit score to use these finance referrals?
No. Every finance offer listed here is a deposit or self-directed investing account, and opening one does not require a hard credit inquiry. Credit-card referral offers are deliberately excluded from this site.
How long does a bank referral bonus take to arrive?
It varies by provider and is stated on each offer page. EQ Bank's terms describe a credit within roughly five business days after the qualifying deposit. Bonuses tied to a holding period, such as Tangerine's, are paid after that period ends rather than at deposit. None of these are instant.
Can I claim more than one Canadian bank referral bonus?
Yes, these are separate programs from separate providers and claiming one does not disqualify you from another. Each has its own deposit and holding requirement, though, so opening several at once means committing the full deposit for each. Open them in sequence if the same money needs to satisfy more than one balance requirement.
Is a referral bonus taxable in Canada?
Referral Quest does not give tax advice. Treatment can differ depending on whether a bonus is paid into a registered or non-registered account and how the provider classifies it. Providers issue tax slips where they are required to, and a tax professional is the right source for your own situation.
Keep looking
See every tracked offer ranked by bonus value, browse the full offer index, or read how each offer is verified and dated.