WealthPerks
RRSP Guide · Verified May 2026

Wealthsimple RRSP Referral Code

Last verified:April 30, 2026
Last updated:April 30, 2026

Open a Wealthsimple RRSP with code XVJHLJ and get a $25 CAD bonus.

RRSP Referral — Quick Facts

  • ✓ Code XVJHLJ works for RRSP account opening
  • ✓ Bonus: $25 CAD credited to your account
  • ✓ Requirement: $100+ deposit from external bank
  • ✓ Your $100 deposit may be RRSP deductible (counts as contribution)
  • ✓ All investments inside RRSP grow tax-deferred

Why Open an RRSP with Wealthsimple?

A Registered Retirement Savings Plan (RRSP) lets you invest money and deduct contributions from your taxable income. You only pay tax when you withdraw in retirement — typically at a lower rate.

Wealthsimple offers RRSP accounts with $0 commissions, access to thousands of stocks and ETFs, fractional shares, and automatic rebalancing. The $25 referral bonus is applied to whichever account you open first.

How to Open a Wealthsimple RRSP with a Referral Code

  1. 1

    Click the referral link

    Use the button below. Code XVJHLJ is pre-applied via the URL.

  2. 2

    Choose RRSP as your account type

    Wealthsimple offers both Wealthsimple Invest (managed) and Wealthsimple Trade (self-directed) RRSPs.

  3. 3

    Verify your identity

    Have your SIN and government-issued ID ready. Takes 5–10 minutes.

  4. 4

    Deposit $100+ from your bank

    Link your external bank and transfer at least $100. This qualifies as an RRSP contribution.

  5. 5

    Receive your $25 bonus

    Credited within 24 hours of deposit clearing. 180-day hold before withdrawal.

Do You Qualify?

Check all items that apply to confirm your eligibility.

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Code XVJHLJ · Opens in Wealthsimple

RRSP Referral FAQ

Can I use a referral code when opening a Wealthsimple RRSP?

Yes. Referral code XVJHLJ works when opening any Wealthsimple account including an RRSP. You must deposit $100 from an external bank account within 30 days to qualify for the $25 bonus.

Does the $25 referral bonus count as an RRSP contribution?

This depends on how Wealthsimple classifies the credit. If it counts as income deposited to your RRSP, it may count against your RRSP contribution room. Contact Wealthsimple support or a tax professional to confirm the exact treatment.

More Account Guides

→ Wealthsimple TFSA Referral→ Wealthsimple FHSA Referral→ Wealthsimple Crypto Referral→ Referral Bonus Tax Guide

WealthPerks Insight

A Wealthsimple RRSP opened with a referral code gives you a $25 bonus on top of the immediate tax deduction — making it a strong choice for Canadians with earned income and unused RRSP room.

The RRSP is most valuable to Canadians in a high tax bracket now who expect to be in a lower bracket in retirement. Wealthsimple's managed RRSP portfolios (Wealthsimple Invest) make it accessible to users who are not yet comfortable selecting their own investments.

Best For

  • Employed Canadians with earned income and RRSP room
  • Users in higher tax brackets seeking the RRSP deduction
  • People approaching retirement who want a managed portfolio
  • Users switching from high-MER RRSP mutual funds at their bank

May Not Be Ideal If

  • Users who have not maximized their TFSA first (TFSA is usually the priority for most Canadians)
  • Existing Wealthsimple RRSP holders
  • Users whose income is too low to benefit meaningfully from the RRSP deduction

See all verified codes: Canadian referral codes directory →