A listing of current promotions from Canadian financial institutions:
Savings accounts
- Targeted offer from Tangerine: 2.75% on new deposits between August 7, 2019 and January 31, 2020. Applies to regular savings, TFSA, RSP, and USD accounts
- Simplii Financial new customers: get up to $200 by opening a chequing account with a payroll or pension direct deposit ($125) and setting up 2 different automatic bill payments of $4 or more for at least 2 months ($75)
- Manulife Advantage Account (group benefits users only): 2.85% for 150 days on new Advantage Accounts
- Meridian Credit Union: 3.00% for 150 days on new Good to Grow High Interest Savings Accounts opened between July 22 and August 25, 2019
- Simplii Financial targeted promo: 2.50% to 3.00% on new deposits between July 1 to October 31, 2019 (4 months)
- National Bank new deposit promo: 2.75% in High Interest Savings Accounts until September 5, 2019
- HSBC High Rate Savings Account: 2.40% to 3.00% on new deposits between April 15 and September 3, 2019
- Canadian Tire Financial targeted promo: 3.00% on new deposits to a High Interest Savings account between April 2 and September 30, 2019
- CIBC eAdvantage Savings Account net new deposits promo extension (targeted): 2.40% between April 1 and October 31, 2019
- Tangerine new customers: 2.75% interest rate for 6 months
- DUCA Credit Union (Ontario only): 3.00% on new deposits to an Earn More Savings Account until January 31, 2020
- Meridian Credit Union: $100 bonus when you open a Good To Grow High Interest Savings Account with a minimum initial deposit of $1,000
- Luminus Financial: 1.00% bonus rate (2.75% total at current 1.75% base rate) on new deposits to an Investment Savings Account until September 30, 2019
- DUCA Credit Union (Ontario only): $50 for you and $50 for charity when you open a new chequing account
GICs
Cash Back
- Tangerine: $45 for opening a Money-Back Credit Card
- Tangerine: $25 for opening a Savings Account
- Scotiabank: $60 for opening a Passport Visa Infinite credit card
- Scotiabank: $60 for opening a Momentum Visa Infinite credit card
- Scotiabank: $60 for opening a Gold American Express credit card
- Borrowell: $5 for signing up for an account
- See all High Interest Savings Cash Back offers
Are any current promotions missing from this list? Let us know in the forums.
Expired promotions
- Tangerine targeted promo: 2.75% for 180 days on new deposits between March 5, 2019 to August 31, 2019
- motusbank: 2.85% for an 18-month RRSP or TFSA GIC
- motusbank: 3.20% for a 5-year RRSP or TFSA GIC
- Targeted offer from Tangerine: 2.75% on new deposits until November 30, 2019. Applies to regular savings, TFSA, RSP, and USD accounts
- Simplii Financial new customers: get $200 by opening a chequing account with 2 different automatic bill payments of $10 or more for 2 months
- RBC new account promo: 3.00% interest for 3 months when you open your first RBC High Interest eSavings Account before July 31, 2019
- Targeted: CIBC eAdvantage Savings Account: 3.00% on new deposits until July 31, 2019
- EQ Bank: 3.00% for a 3-month GIC
- Manulife Advantage Account: 3.25% for 6 months on new Advantage Accounts
- Luminus Financial 5-year escalator GIC with 3.50% average interest rate (1.50%, 2.50%, 3.50%, 4.50%, 5.50% for years 1-5)
- Peoples Trust: 3.00% for a 15-month GIC
- Canadian Tire Financial targeted promo: 3.20% on new deposits to a High Interest Savings account between December 10, 2018 and June 30, 2019
- Simplii Financial targeted promo: 3.15% savings account new deposit promo extended through June 30, 2019
- motusbank: 3.10% for an 18-month RRSP or TFSA GIC
- Peoples Trust: 3.10% for a 15-month GIC
- RBC targeted promo: 3.00% until April 30, 2019 on new deposits to a High Interest eSavings Account
- BMO targeted promo: 3.25% until April 30, 2019 on new Smart Saver Accounts
- CIBC: GIC promotion rates, including 3.00% for a 5-year GIC
- Steinbach Credit Union: 3.35% for a 34-month GIC; 3.50% for a 52-month GIC
- Rapport Credit Union (Ontario only): 3.10% for a 1-year GIC
- Luminus Financial: 5-year GIC at 3.60% (new money only)
- G&F Financial Group (BC only): 3.00% for a 1-year GIC, redeemable after 180 days
- HSBC GIC promo: 3.10% for a 15-month GIC funded by new deposits (TFSA and RRSP eligible)
- PACE Credit Union (Ontario only): 3.51% for a 3-year GIC
- Omnia Direct (Ontario only): 3.10% for a 1-year GIC; 3.25% for a 2-year GIC
- CIBC eAdvantage Savings Account net new deposits promo: 3.00% between October 16, 2018 and March 31, 2019
- Wealth One: 0.20% cash back bonus per GIC term year on new deposits
- Omnia Direct (Ontario only): 3.35% for a 3-year GIC
- Tandia Credit Union (Ontario only): 3.75% for a 5-year GIC
- Meridian Credit Union: transfer at least $10,000 of TFSA or RRSP funds to Meridian before March 1, 2019 and receive a 1% transfer bonus of up to $750
- Tangerine new customers: 3.00% interest rate until April 30, 2019
- Tangerine targeted promo: 3.00% for 180 days on entire balance
- DUCA Credit Union (Ontario only): 3.75% for a 5-year GIC
- DUCA Credit Union (Ontario only): 3.25% for a 3-year GIC, cashable after each year
- Ganaraska Credit Union (Ontario only): 4.00% 4-year GIC
- Simplii Financial: 3.15% on new deposits in a savings account between November 1, 2018 and February 28, 2019
- $25 bonus for opening a new Motive Savvy Savings Account with a minimum deposit of $1000 until February 7, 2019
- Laurentian Bank GIC promo offering double their normal interest on 1 to 5 year terms. 1-year GIC is now 2.20%; 5-year GIC is now 3.30%
- EQ Bank: 3.00% for a 15-month GIC
- Ideal Savings: 3.25% for a 150-day GIC
- Meridian Credit Union: 3.75% for a 5-year GIC funded by new money
- PACE Credit Union (Ontario only): 3.40% 29-month GIC on new money
- DUCA Credit Union (Ontario only): 3.00% for a 1-year GIC or 3.25% for a 3-year GIC redeemable after each year
- First Ontario Credit Union (Ontario only): 9-month GIC at 3.25% (new money only); 5-year GIC at 3.75%
- Coast Capital Savings GIC promos: 2.70% for a convertible 16-month GIC; a 2.00%/3.00%/4.00% 3-year escalator GIC
- WFCU Credit Union and Omnia Direct (Ontario only): 3.40% for a 1-year GIC
- Parama Credit Union (Ontario only): 3.10% for a 1-year GIC on new money; 3.40% for an 3-year GIC on new money
- Targeted: Tangerine 2.50% net new deposits promo extension previously from Jan 3 – May 31, 2018 extended through November 30, 2018 for regular savings, TFSA, and RSP savings
- RBC: 3.00% interest rate for 6 months on new eSavings Accounts opened by November 30, 2018
- HSBC net new deposits promo: 2.80%, or 3.35% over $25K, or 3.40% over $50K, or 3.50% over $100K until November 15, 2018
- EQ Bank: 3.33% for a 3-month GIC
- DUCA Credit Union (Ontario only) net new deposits savings account promo: 3.25% until December 3, 2018
- Meridian Credit Union: 3.15% for 6-months in a new savings account + in-branch only $50 referral bonus
- Meridian Credit Union: 3.25% for a 1-year GIC funded by new money
- Northern Credit Union promo (very specific and time-limited): ~1 month of 4.00% interest on savings account deposits made between November 21 and 24, 2018. Regular rate is 1.20%.
- Alterna Bank: 3.00% for a 1-year GIC
- CIBC targeted promo: 1.75% on entire balance until October 31, 2018
- Tangerine targeted promo: 2.75% for 270 days on entire balance
- PenFinancial Credit Union (Ontario only): 2.91% for a 2-year GIC
- Achieva Financial: 3.45% for a 5-year GIC
- Achieva Financial: 2.95% for a 20-month GIC until October 20, 2018
- Omnia Direct (Ontario only) 3.00% for a 1-year GIC
- Tangerine new customers: 2.75% interest rate for 6 months in a savings account opened by October 31, 2018
- Hubert Financial referral promo: $25 each for you and the person you refer to open a new account until September 30, 2018
- Wealth One Bank of Canada: 2.50% on entire savings account balance through September 30, 2018
- Parama Credit Union (Ontario only) 2.85% for a 1-year GIC on new money; 3.00% for an 18-month GIC on new money
- Implicity Financial: 2.85% for a 1-year GIC funded by new money
- Implicity Financial: 3.00% for a 2-year GIC funded by new money
- Meridian Credit Union: 2.80% for 6-months in a new savings account
- Meridian Credit Union: 3.00% for a 1-year GIC funded by new money
- Meridian Credit Union: 3.50% for a 5-year GIC funded by new money
- Pace Credit Union (Ontario only): 3.10% 2-year GIC
- Meridian Credit Union: 2.75% for 4-months on new savings accounts opened before December 31, 2018
- Hubert Financial: 3.00% for a 2-year GIC
- Targeted: Simplii Financial net new deposits promo extended: 1.75% or 2.50% through June 30, 2018
- Scotiabank Momentum Plus Savings account: up to 1.80% interest rate on net new deposits if you leave the money in the account for up to 360 days, and an additional 0.85% during the period before June 29, 2018. Offer expires June 29, 2018
- Hubert Financial 2-year GIC at 2.75% and 4-year GIC at 3.25%
- Parama Credit Union (Ontario only) 2.75% for a 1-year GIC on new money
- DUCA Credit Union (Ontario only) net new deposits savings account promo: 3.15% until May 31, 2018
- Ganaraska Credit Union (Ontario only): 4.00% 5-year GIC
- Tangerine new customers: 2.50% interest rate for 6 months in a savings account until May 31, 2018
- Tangerine 2.50% net new deposits targeted promo Jan 3 – May 31, 2018 for regular savings, TFSA, and RSP savings
- Meridian Credit Union: 3.00% for 4-months on new savings accounts opened before December 31, 2018
- First Ontario Credit Union (Ontario only) 3.25% for a 120-day GIC on new money
- AcceleRate Financial 2-year GIC at 2.65%; 5-year GIC at 3.20%
- DUCA Credit Union (Ontario only): 2.00% for a 12- to 79-month RRSP, TFSA, RESP, RRIF, or LRIF GIC; 3.00% if you hold the GIC until 80 months (6.7 years). Offer expires March 31, 2018.
- CIBC net new deposits promo: 2.30% on regular savings, TFSA, and RRSP savings accounts between October 16, 2017 and March 31, 2018; regular savings balance must be over $5,000 for promo
- Coast Capital Savings (BC only): 4.00% annual rate for a 33-month GIC of more than $500 new money until March 20, 2018
- Northern Credit Union (Ontario) 4-day offer to get a 4.00% interest rate until April 30, 2018 if you open an account by March 17, 2018
- Ideal Savings new savings account promo: 2.50% until June 30, 2018 [on March 15, this converted into a guaranteed rate for all balances until December 31, 2018]
- Meridian Credit Union: 90-day GIC at 2.50% until March 1, 2018
- Simplii Financial net new deposits promo: 3.00% until February 28, 2018
- HSBC GIC promo: 2.88% annual rate for an 88-day GIC of more than $5,000 new money until February 23, 2018
- Hubert Financial referral promo: $25 each for you and the person you refer to open a new account until February 28, 2018
- Tangerine new customers: 2.40% interest rate for 6 months in a savings account if you open a chequing account and a savings account before February 5, 2018
- Alterna Savings TFSA e-Savings Account: 2.05% until March 31, 2018; ended on January 24, 2018 because they permanently raised their rate to 2.10%
Promotions archive: 2014 – 2017
Please write your comments in the forum.