Yes — a Wealthsimple invite code and referral code are exactly the same thing. Wealthsimple uses both terms depending on where you look in the app. There is no difference in how they work or what bonus they give you.
Inside the app, the sharing screen says “Invite friends” and generates a link like wealthsimple.com/invite/7-MDUG. But when you enter someone else’s code during signup, the field is labelled “Referral Code.” Same code, described differently depending on whether you are sharing or receiving.
If you signed up but never funded your account, add the code anytime. If you deposited within the last 7 days, open the app, tap the gift icon, go to Rewards Centre, and enter 7-MDUG. After 7 days from your first deposit the window closes permanently.
Yes, completely. Both terms refer to the same code. Invite code 7-MDUG works in the referral code field during signup and gives you $25 cash after depositing $100 or more.
Invite code 7-MDUG is verified and working as of June 2026. It gives new users $25 cash after depositing $100 or more from an external bank account.
The code itself does not expire. To get the $25 bonus you must deposit $100 or more within 30 days of applying it. If you have already funded your account, you must add the code within 7 days of your first deposit.
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Deposit $100 or more, get cash within 24 hours. Verified June 2026.