Canadian discount brokerages have refreshed a cluster of welcome and transfer promotions rather than launching a new industry-wide bonus cycle. Wealthsimple has published a short-duration savings-rate boost for invited clients. Questrade’s Get1000 funding window and a TD student offer close in early November. TD’s larger Easy Cash transfer cash-back program is already closed to new registrants after 23 October.

Wealthsimple’s help centre now documents a Savings 555 Interest Boost Welcome Offer, published around 30 October and listed as effective 29 September. Confirmed terms on that page are a 5% total annualized rate for the first 35 days, described as 2.5% base plus 2.5% promotional interest, on eligible savings balances up to $1 million. The client generally must open and fund within 30 days of an invitation.

That is a time-boxed rate, not a permanent 5% savings product. After 35 days the promotional add-on ends and the published base rate applies. The $1 million cap is material for large cash balances, but the page does not recast equity-trading commissions or registered-account transfer bounties.

Questrade’s Get1000 frequently asked questions still list the cash-style funding promotion with an offer period ending 2 November. Tiers are $100, $300, and $1,000 for net funding of $20,000, $50,000, and $100,000 or more. Deposits must arrive by 2 November; transfers have until 14 December. Half of the bonus is scheduled for June 2027 and half for December 2027.

The delayed payout is part of the confirmed economics. A $1,000 credit split across two dates in 2027 is not equivalent to cash available this month, and clawback or net-funding definitions sit in Questrade’s FAQ rather than in marketing headlines.

TD Direct Investing’s Easy Cash offer page and its promotions listing indicate the registration deadline of 23 October has passed. For clients who registered in time, published terms include 3% cash back on eligible registered transfers and 1% on non-registered transfers, up to $15,000 of cash back, on transfers of $2,500 or more, with assets to be held through November 2028. A separate student $100 offer is listed as ending 2 November.

Referral programs are largely stable. Wealthsimple’s standard referral remains $25 for both parties. Help-centre language restates a $100 minimum external deposit for referrals after February 2026. Super Referrals Boost details were reissued around 27 October, with an effective date in September. Interactive Brokers has no material new sign-up bonus in this round. Its ongoing referral remains on the order of $200 USD for the referrer and $1,000 in stock for the referee.

For Canadian investors, the practical questions are eligibility windows, account type, and hold periods, not the headline percentages alone.

  • Confirm whether a promotion applies to TFSA, RRSP, FHSA, non-registered brokerage, or a savings product. Interest and cash-back can land in different wrappers.
  • Separate deposit cutoffs from in-kind transfer cutoffs. Questrade’s 2 November deposit date can drop a Get1000 tier even if a transfer is still settling toward 14 December.
  • Read hold and clawback language. TD’s published hold into November 2028 is far longer than Wealthsimple’s 35-day rate boost.
  • Treat Wealthsimple’s invitation requirement as binding. An uninvited 5% rate should not be assumed.

This is not personalized tax, legal, or investment advice. Cash bonuses in non-registered accounts are often income. Interest is generally taxable outside registered plans and sheltered inside them under ordinary CRA rules. Transfer-out fees, foreign-exchange costs, and the drag of leaving assets at a higher-cost platform can exceed a bonus. Primary sources are Wealthsimple’s Savings 555 and Super Referrals Boost help articles, Questrade’s Get1000 FAQ, and TD’s Easy Cash and promotions pages. Issuers can change terms; the dates above are those those pages published as of this check.