Registered Retirement Savings Plan (RRSP)

Questrade is offering new and existing clients a cashback bonus of up to 4% on qualifying assets transferred-in between January 5, 2026 and February 2, 2026 from another financial institution into Questrade. Additional terms and eligibility requirements apply; see below.

Eligibility and Qualification Requirements

1. To be eligible and qualify for this Offer, the Client must:

   a. Be a new or existing Client of Questrade, Inc. ("Questrade") or Questrade Wealth Management Inc. ("QWM") with all their Client accounts in good standing throughout the Offer Term;

   b. Be a legal resident of Canada and maintain both a Canadian residential address and Canadian tax residency throughout the Offer Term. For greater clarity if, at any time prior to the final scheduled payout, the Client's residency or tax jurisdiction is updated to a location outside of Canada, the Client will be immediately and permanently disqualified from the Offer. Such disqualification is final and shall not be reversed even if the Client subsequently restores their Canadian residency or tax status;

   c. Have attained the age of majority in the Canadian province or territory the Client resides in as of the first date of participation in the Offer;

   d. Use one of the 2 available methods to sign up for the Offer: 1) Submit the offer code QT4CASHBACK ("Offer Code") as part of an account application for a new Eligible Account or 2) if an existing Client of Questrade or QWM, enable the promotion by Applying for the Offer through the Rewards and Benefits section of the online Customer Portal ("Apply the Offer"). For greater clarity, an existing Client can qualify for this Offer using either the Offer Code or the Apply the Offer methods (each a "Sign-Up Method"). It is only necessary to sign up once for this Offer and the sign up must occur during the Qualifying Period. Any sign up outside of the Qualifying Period will be rejected as not having been performed.
   
   e. Meet a minimum threshold of $10,000 in one or more Qualifying Transfers settled across all Eligible Accounts (the "Minimum Transfer Amount");
   
   and,
   
   f. Meet all additional requirements detailed in these Offer terms and conditions ("Offer Rules").

Definitions

2. The following definitions apply to this Offer:
   
   a. Cashback. The total "Cashback" is calculated based on the Net Qualifying Transfer Amount (defined below) settled in a Client's Eligible Account(s) as at the Settlement Deadline. Subject to the Multiplier conditions below, the "Base Cashback Rates" are:
   
        i. Registered Accounts: 1% of the Net Qualifying Transfer Amount.
        ii. Non-Registered Accounts: 2% of the Net Qualifying Transfer Amount.
   
   The Cashback formula is as follows:
   
   Cashback = (R * 1%) + (NR * 2%), where R is the Net Qualifying Transfer Amount for registered accounts and NR is the Net Qualifying Transfer Amount for non-registered accounts.
   
   If the Client satisfies the Cashback Multiplier requirements as of the Settlement Deadline, the rates shall be doubled to 2% for registered accounts and 4% for non-registered accounts, as follows:
   
   Cashback With Multiplier = (R * 2%) + (NR * 4%)
   
          i. Maximum Limits: The maximum Cashback per Client is $10,000 for all Registered Accounts and $10,000 for all Non-Registered Accounts, for a combined total maximum of $20,000. These limits will be applied at the outset when determining the total Cashback amount.
   
        ii. Minimum Threshold: A minimum total transfer-in of $10,000 settled across all Eligible Accounts is required to qualify.
   
        iii. Cashback Payment: The total Cashback amount will be divided into 24 installments and paid over 24 months in accordance with the payment schedule set out in section 3g below.
   
   b. Cashback Multiplier. A Client may double the Base Cashback Rates to 2% for registered accounts and 4% for non-registered accounts (the " Multiplier") if they satisfy the following "Three-Account Requirement" as of the Settlement Deadline:
   
         i. Account Diversity: The Client must hold the following accounts at Questrade or QWM: at least three accounts, including at least one non-registered account. All accounts must be complete as of the Settlement Deadline and in good standing throughout the Offer Term.
   
         ii. Minimum Equity Threshold: Each of the three accounts identified in (i) above must hold a minimum equity balance of at least $10,000 at the time of the Settlement Deadline (the " Minimum Equity Threshold").
   
   If the Client fails to meet either condition (i) or (ii) above on the Settlement Deadline, the Base Cashback Rates shall apply in all cases. For greater certainty, the Client can hold more than three accounts, however the Minimum Equity Threshold must be met in at least three accounts and in no case will amounts from any of the Client's accounts be aggregated for the purpose of satisfying this condition.
   
   Notwithstanding the foregoing, Restricted Eligible Accounts can only receive the base Cashback and in no case will the Cashback Multiplier be applied to these accounts.
   
   For greater clarity, and notwithstanding any other calculations in this Offer, for the purposes of satisfying the Minimum Equity Threshold, 'equity' shall be calculated based on the total market value of all assets and cash balances held within the respective Client accounts as at the Settlement Deadline.
   
   c. Cashback Payout Account. Each Cashback payment to an eligible Client shall be made to a Questrade or QWM non-registered account with a complete status and in good standing held in the name of the Client (the "Cashback Payout Account"). If at the date of a payout the Client does not have at least one Cashback Payout Account at the date of a payout, the Client will be disqualified from that and all future payouts.
   
        i. In the event a Client has several eligible accounts, the following logic applies for selecting the Cashback Payout Account. The Cashback will be paid to a non-registered Questrade or QWM account, prioritized as follows per Client:
   
          (1) Self-directed cash account (oldest if multiple);
          (2) Self-directed margin account (oldest if multiple);
          (3) QWM cash account (oldest if multiple).
   
          Informal Trust accounts are not eligible to qualify as a Cashback Payout Account.
   
   d. Client. For the purposes of this Offer, a "Client" is defined by a unique User ID within each of the following distinct account type groupings:
   
        i. Individual: an individual associated with a unique User ID, holding one or more accounts where each account has only one account holder (i.e. individual accounts);
   
        ii. Joint: An account holder of a joint Restricted Eligible Account; and
   
        iii. Entity: An entity (such as a corporation, partnership, sole proprietorship or formal trust) holding a Restricted Eligible Account.
   
   Each grouping is qualified and calculated separately. A single User ID may therefore qualify as multiple 'Clients' if they hold accounts across different groupings (e.g., an Individual account and a separate Entity account). The $10,000 Minimum Transfer Amount and $20,000 maximum Cashback apply per Client.
   
   e. Deposit. For the purposes of this Offer, each of the following methods to add money or equity to a Questrade or QWM account are considered to be Deposits (this list is not exhaustive):
   
        i. Interac e-transfer;
        ii. Visa Debit;
        iii. Online bill payment;
        iv. Pre-authorized deposit;
        v. Wire transfer;
        vi. Cheque deposit; and
        vii. DRS deposit.
   
   For greater clarity, transfers of value between Questrade or QWM accounts are not considered to be Deposits.
   
   f. Eligible Account. To be an Eligible Account, the account must be a new or existing Questrade or QWM account in good standing.
   
   These accounts are all Eligible Accounts: a non-registered individual margin account; a non-registered individual cash account; a non-registered informal trust account; an individual or spousal Registered Retirement Savings Plan ('RRSP'); an individual or spousal Registered Retirement Income Fund ('RRIF'); a Registered Education Savings Plan ('RESP'), any registered Locked-in Plan; a Tax Free Savings Account ('TFSA'); and a First Home Savings Account (' FHSA').
   
   These accounts are not Eligible Accounts and are excluded from this Offer: Any Forex or CFD account.
   
   The following accounts are Eligible Accounts but have additional restrictions (each a "Restricted Eligible Account"): (i) any account that Questrade or QWM refers to as an entity account, such as any corporate, partnership, sole proprietorship, or formal trust account; or (ii) any joint account (does not include spousal RRSPs or RRIFs). A Restricted Eligible Account can only be used for this Offer on its own; this means that no Restricted Eligible Account may combine with any other account for the purposes of this Offer.
   
   g. Net Qualifying Transfer Amount. The "Net Qualifying Transfer Amount" is calculated as follows:
   
        Net Qualifying Transfer Amount = A - B
   
        Where:
   
        A is the sum total value of each Qualifying Transfer submitted during the Qualifying Period. Assets must settle by the Settlement Deadline. The final value of each Qualifying Transfer is determined on the date ("Settlement Date") the Qualifying Transfer is received into any of the Client's Eligible Accounts and may be adjusted to reflect the market value of the assets received. If a Qualifying Transfer is denominated in US currency, the exchange rate for US currency on that Settlement Date will be used to determine the CAD value equivalent for the purposes of the calculation. Any remaining portion of a Transfer-In not fully settled by the Settlement Deadline is assigned a value of zero (0) for this calculation.
   
       B is the sum total value of all of the following transaction types:
   
                i) any withdrawal or transfer-out or other transaction that would have the effect of reducing the balance (each a " Withdrawal") from any of the Client's Eligible Accounts during the Qualifying Period and Settlement Period, calculated based on the gross amount as at the date each Withdrawal is processed. For greater clarity, during the Qualifying Period and Settlement Period, any transfer of value between Questrade or QWM accounts that belong to different Clients or any transfer of value to an account that is not an Eligible Account, is considered a Withdrawal for the purposes of the Offer. Any transfer of value between the Client's own Eligible Accounts is not considered a Withdrawal.
   
                ii) any Deposit made to and settled in any of the Client's Eligible Accounts during the Qualifying Period and Settlement Period.
   
                iii) any portion of a Transfer-In that is not a Qualifying Transfer made to and settled in any of the Client's Eligible Accounts during the Qualifying Period and Settlement Period.
   
       If any transaction above is denominated in US currency, the exchange rate on the date the transaction is processed will be used to determine the Canadian dollar value equivalent for the purposes of the calculation.
   
       For greater clarity, any transaction that occurs following the Settlement Deadline, will be evaluated in light of the Hold Period, to determine whether there needs to be a reduction to the Net Qualifying Transfer Amount calculation for Hold Period requirements.
   
       For greater clarity, Exempt Withdrawals (defined below) are Withdrawals for the purpose of this Net Qualifying Transfer Amount calculation.
   
       When the Net Qualifying Transfer Amount calculation is used to determine the Cashback for this Offer, the Net Qualifying Transfer Amount calculation will be performed twice - once only including Qualifying Transfers and Withdrawals from Eligible Accounts that are non-registered (referred to as " NR" in the Cashback calculation) and once only including Qualifying Transfers and Withdrawals from Eligible Accounts that are registered (referred to as " R" in the Cashback calculation).
   
       The Net Qualifying Transfer Amount calculation will also be used as a baseline reference number for tracking the Hold Period calculation 5% threshold.
   
       For both the Cashback calculation and the Hold Period calculation, the calculations will be made, as at the Settlement Deadline.
   
   h. Offer. The "Offer" means this 'Cashback on Qualifying Transfers Offer'.
   
   i. Qualifying Transfers. "Qualifying Transfers" are Transfers-In and can refer alternately to the transfer itself as well as the assets being transferred. Deposits are not Qualifying Transfers. Transfers-in may include cash and/or eligible securities. Qualifying Transfers must originate from an institution not part of Questrade Financial Group. Transfers-In from Questrade, QWM, or their affiliates are excluded. Any cash or eligible securities that are part of a Transfer-In submitted outside the Qualifying Period are excluded. During the Qualifying Period, in order to be a Qualifying Transfer, any such Transfer-In requests must be submitted to Questrade or QWM through the Customer Portal using the Transfer In Request online application function. A Transfer-In request submitted in any other way, such as by manually uploading a Transfer-In form to the Customer Portal or by submitting the Transfer-In request to the relinquishing financial institution and not to Questrade or QWM will not qualify for this Offer.
   
   j. Transfer-In. For the purposes of this Offer, a Transfer-In refers to the holdings of an investment account at a different financial institution that are transferred into a Questrade or QWM account pursuant to a transfer-in request. For greater clarity, a Transfer-In is not a Deposit.

Important Dates

3. The following dates apply to the Offer:
   
   a. Offer Term. The "Offer Term" means the collective period beginning on the first day of the Qualifying Period and ending on the final day of the Hold Period.
   
   b. Qualifying Period. The "Qualifying Period" begins at 12:01 am ET on January 5, 2026, and ends at 11:59 pm ET on February 2, 2026. To be considered a Qualifying Transfer, the transfer must be submitted during this period.
   
   c. Settlement Period. The "Settlement Period" means the period that begins when the Qualifying Period commences and ends at the Settlement Deadline.
   
   d. Settlement Deadline. The "Settlement Deadline" is 11:59 pm ET on May 29, 2026, and is the final date by which assets from Qualifying Transfers totaling at least the Minimum Transfer Amount must settle into the Eligible Account(s) to qualify for the Offer.
   
   e. Hold Period. The "Hold Period" means the period commencing immediately after the Settlement Deadline and ending on the final scheduled Cashback payment on or about May 29, 2028. During this period, a Withdrawal limit of 5% (excluding Exempt Withdrawals) of the Net Qualifying Transfer Amount (as adjusted) applies. The Net Qualifying Transfer Amount is initially determined on the Settlement Deadline.
   
          i. Exempt Withdrawals. During the Hold Period only, the following shall be excluded from the 5% Hold Period calculation (collectively, the “Exempt Withdrawals”): (i) mandatory withdrawals from retirement plans; (ii) withdrawals for the Home Buyers' Plan (HBP) or Lifelong Learning Plan (LLP) from RRSPs; and (iii) withdrawals from Registered Education Savings Plans (RESPs). For greater certainty, any such withdrawals or transfers-out processed during the Qualifying Period or Settlement Period will be treated as regular Withdrawals and will reduce the initial Net Qualifying Transfer Amount accordingly. Any withdrawal from a First Home Savings Account (FHSA) at all times will not be considered an Exempt Withdrawal.
   
   f. Hold Period Compliance & Forfeiture. To remain eligible for the Offer, the Client must maintain a Net Monthly Withdrawal that is less than or equal to 5% of the Net Qualifying Transfer Amount throughout the Hold Period.
   
        i. Calculation: Following the end of each calendar month (typically during the first week of the next calendar month), a lookback calculation of the Net Monthly Withdrawal will be made, to determine compliance. The lookback calculation will be performed as follows:
        
          C - D + E
   
          Where:
   
          C: The absolute value of Withdrawals processed after the Settlement Deadline.
   
          D: The absolute value of Deposits and Transfers-In that settle after the Settlement Deadline.
   
          E: Any Carryover Balance from the previous calendar month's Hold Period calculation.
   
        ii. Disqualification: If the calculation of C - D + E is greater than Z (5% of the Net Qualifying Transfer Amount) as of the end of any calendar month, the Client will be immediately disqualified from the Offer.
   
        iii. Forfeiture: Upon disqualification, all remaining Cashback payouts will be forfeited, and no further payments will be made.
   
        iv. Carryover: Where the calculation of C - D + E is less than Z as of the end of the day on the last day of the month, the calculation C - D + E will be carried over to the following month's calculation as E (the " Carryover Balance").
   
        v. Currency: Where Withdrawals or Deposits are denominated in US currency, the exchange rate on the date of the withdrawal will be used to determine the Canadian dollar value equivalent for the purpose of the calculation.
   
        vi. Formula Inclusions and Exclusions: To count toward the calculation of D above, the Deposits and Transfers-In must meet all of the following conditions:
   
             1. They must be in Canadian or US currency; in cash or investable assets. Investable assets exclude any securities that are restricted, subject to a cease trade order or other restriction or that are non-listed and without independent evidence of current value acceptable to Questrade or QWM.
   
             2. They must be received into the Client's Eligible Account during the Hold Period.
   
             3. They must not originate from a Questrade or QWM account.
   
   g. Payment Schedule. The total Cashback shall be divided into 24 equal monthly payments. Payments are made in Canadian currency starting on or about June 2, 2026 and continuing to be paid at the beginning of every subsequent month until the final scheduled Cashback payment, provided the Client remains in good standing and adheres to the Hold Period requirements.

General

4. There may be tax implications associated with the Cashback. Clients who participate in the Offer may wish to consult a tax professional for additional guidance.

5. The value of assets transferred may be subject to market fluctuations and foreign exchange rate changes at the time of settlement. The final value used for calculating the Cashback will reflect these adjustments.

6. The Client assumes all risk of any damage that may arise in connection with participating in this Offer. Without limiting the generality of the foregoing, the participating Client hereby: (a) forever releases and discharges Questrade, QWM and their parent company, affiliates, and related and associated entities and employees, directors, officers, suppliers, agents, sponsors and administrators of each (collectively, the "Releasees"), from and against any and all claims, actions, costs, liabilities, judgments, damages, obligations, losses, penalties, and expenses of any kind or nature whatsoever (including legal fees) (collectively, the "Claims") in any way arising directly or indirectly out of any injury, loss, or damage that the Client may suffer as a result of, or in connection with the participation in the Offer or any promotion-related activity, including the payment of the Cashback to an Eligible Account and subsequent use of the Cashback; and (b) indemnifies, defends and holds harmless the Releasees from and against any and all damages, loss and expenses, including legal fees, which may be suffered directly or indirectly by reason of the Client's own negligence or willful misconduct during or in connection with the participation in the Offer.

7. This Offer is subject to all applicable laws, regulations, and applicable self-regulatory organization rules and standards.

8. All currency shown in these terms and conditions are in Canadian dollars ("CAD") unless otherwise indicated.

9. Questrade and QWM reserve the right to cancel, amend, withdraw or restrict this Offer, in whole or in part, at any time without notice.

10. The decisions and interpretations of Questrade or QWM with respect to any aspect of this Offer are final and binding on all participating Clients without right of appeal.

11. If Questrade or QWM determines a Client has committed or suspects a Client of fraud, abuse, manipulation, violating these terms, or gaming the Offer construct in a way that runs counter to how the Offer was intended to operate, Questrade and QWM may, in their sole and absolute discretion, take any action they consider appropriate, including but not limited to, disqualification and removal from any current or future offers or promotions, forfeiture or withdrawal of the Cashback and associated benefits, closure of the Client's accounts with Questrade and QWM.

12. These Offer Terms shall be governed by and construed in accordance with the laws of the province of Ontario and the federal laws of Canada applicable therein.

13. The headings and subheadings used in these Offer Terms are for convenience and reference only. They do not form a part of the Offer Terms and will not be used to interpret or construe its provisions.

14. In the event of any discrepancy or inconsistency between these Offer Terms and disclosures or other statements contained in any Offer-related materials, including but not limited to point of sale, television, print or online advertising, the terms and conditions of the Offer Terms shall prevail, govern and control.

15. If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

16. This offer cannot be combined with any Questrade or QWM offer other than Transfer for Free, Refer a Friend, Affiliate Offer, the Questrade Plus Trial Offer, or any other offer that Questrade or QWM determine in their sole discretion to be combinable.

17. The Client confirms having received a French version of this Offer available here. The Client also confirms that the Client wishes that the Offer Terms be drawn up in English. Le Client confirme avoir reçu une version française de cette Offre, disponible ici. Le Client confirme également sa volonté que les termes de l'Offre soient rédigés en anglais.

Questrade is a registered investment dealer, a member of the Canadian Investment Regulatory Organization ("CIRO") and a member of the Canadian Investor Protection Fund (" CIPF"), the benefits of which are limited to the activities undertaken by Questrade. QWM is not a member of CIRO or the CIPF. Questwealth Portfolios® is a service provided by QWM. QWM is a registered Portfolio Manager, Investment Fund Manager, and Exempt Market Dealer. Questrade provides administrative, trade execution, custodial, and reporting services for all Questwealth Portfolio accounts.

© 2026, Questrade, Inc. All Rights Reserved. Last modified: January 8, 2026.