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[Weslthsimple] Borrow up to $3,000 at 0% for 3 months

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Just saw this in my Wealthsimple rewards center, offering a rebate on the interest accrued up to a $3,000 withdrawal for 3 months. I’m using it to pull out and invest in a high dividend ETF.
Available to new PLOCs and existing who haven’t yet made a withdrawal. Full terms and conditions in link.

Overview
Get a rebate of the interest on your Portfolio Line of Credit (PLOC) withdrawals for 90 days, up to $3,000, with the PLOC 0% Rate Rebate Promotion. You can take part if we’ve invited you.
Who’s eligible
You can take part if you’re a new or existing PLOC client who hasn’t made a withdrawal yet. You also need to live in Canada, be the age of majority where you live, and have all your Wealthsimple accounts in good standing. PLOCs that are business accounts aren’t eligible. See who’s eligible.
How it works
Make a withdrawal of any amount from your PLOC within your borrowing window. New clients have 90 days from the day they open their PLOC. Existing clients have until January 18, 2027. See how to take part.
Your rebate
Once you complete a qualifying withdrawal, your 90-day rebate period starts. During that period, we rebate the full interest rate that applies to you on your withdrawals, up to $3,000. You’re still responsible for repaying your balance and any interest the rebate doesn’t cover.

Statistics: Posted by esoter1c — Oct 22nd, 2026 2:27 pm