A listing of current promotions from Canadian financial institutions:
Savings and chequing accounts
- Tangerine Bank targeted 2.00% new deposit promo for existing customers until April 30, 2022
- CIBC: 1.50% interest rate for 120 days when you open your first eAdvantage Savings Account
- BMO targeted offer for existing clients: 1.75% on new deposits in a Smart Saver Account between November 15, 2021 and March 15, 2022
- motusbank: 2.25% for 122 days on your first TFSA savings account
- Tangerine Bank targeted 1.60% new deposit promo for existing customers until March 31, 2022
- Simplii Financial new customer promo: 2.20% in a savings account until April 30, 2022
- Tangerine Bank targeted 1.40% new deposit promo for existing customers between September 7, 2021 and January 31, 2022
- Simplii Financial targeted 6-month new deposit promo for existing customers: 2.00% between September 1, 2021 and February 28, 2022
- DUCA Credit Union (Ontario only): 1.50% on new deposits to an Earn More Park Account until August 1, 2022
- Scotiabank: up to $350 cash for opening an Ultimate Package or $300 cash for opening a Preferred Package chequing account
- Tangerine Bank new customers: 2.25% savings account interest rate for the first 5 months if you also open a chequing account, plus $300 bonus for setting up payroll direct deposit with the promo code “EARNMORE”
GICs
- Tangerine Bank: 2.15% for a 3-year registered (TFSA/RRSP/RRIF) GIC
- CIBC: 3.25% for a 5-year GIC
- DUCA Credit Union (Ontario only): 6.67-year cashable non-registered GIC: 1.75% if you cash in after 1 year; 2.50% if you hold the GIC for the full 6.67 years. Expires January 31, 2022.
- EQ Bank: 2.00% for a 3-month TFSA or RRSP GIC until January 20, 2022
- Tandia Credit Union (Ontario only): 1.70% for a 6-month GIC
- BCU Financial: 1.85% for a 40-month (~3.33 years) GIC
- Parama Credit Union (Ontario only): 1.50% for a 1-year GIC; 1.75% for a 2-year GIC
- First Ontario Credit Union (Ontario only): 1.40% for a 13-Month TFSA Term Deposit
- Oaken Financial: 2.00% for an 18-month GIC
Credit Cards
- Scotiabank Gold American Express Card: No annual fee for the first year and up to 40,000 bonus Scene+ points in the first year
- Scotiabank Passport Visa Infinite: No annual fee for the first year and up to 30,000 bonus Scene+ points in the first year
- Tangerine Money-Back Credit Card and World Mastercard: 15% back (up to $150) when you spend up to $1,000 in the first 2 months
Cash Back
- HSBC: $105 cash back or a $105 Amazon.ca gift card for opening an HSBC World Elite Mastercard
- HSBC: $105 cash back or a $105 Amazon.ca gift card for opening an HSBC +Rewards Mastercard
- Scotiabank: $45 cash back or an $50 Amazon.ca gift card for opening an Ultimate Package Chequing Account
- Scotiabank: $40 cash back or a $45 Amazon.ca gift card for opening a Preferred Package Chequing Account
- Tangerine: $45 cash back or a $50 Amazon.ca gift card for opening a Money-Back Credit Card
- Tangerine: $45 cash back or a $50 Amazon.ca gift card for opening a Tangerine World Mastercard
- Scotiabank: $50 cash back or a $50 Amazon.ca gift card for opening a SCENE Visa Card
- Scotiabank: $65 cash back or a $70 Amazon.ca gift card for opening a Passport Visa Infinite credit card
- Scotiabank: $65 cash back or a $70 Amazon.ca gift card for opening a Momentum Visa Infinite credit card
- Scotiabank: $65 cash back or a $70 Amazon.ca gift card for opening a Gold American Express credit card
- Scotiabank: $50 cash back or a $50 Amazon.ca gift card for opening a Momentum No-Fee Visa Card
- Mogo: $5 for signing up for an account and checking your credit score
- MogoCard: $20 for signing up for a Mogo Visa Platinum Prepaid Card
- Borrowell: $5 for signing up for an account
- TransferWise: $10 cash back if you open a new account and create a cross-currency transfer
- National Bank: $60 via Interac e-Transfer or an $65 Amazon.ca gift card for opening a World Elite Mastercard
- National Bank: $60 via Interac e-Transfer or an $65 Amazon.ca gift card for opening a World Mastercard
- National Bank: $60 via Interac e-Transfer or an $65 Amazon.ca gift card for opening a Platinum Mastercard
- National Bank: $40 via Interac e-Transfer or an $45 Amazon.ca gift card for opening a mycredit Mastercard
- See all High Interest Savings Cash Back offers
Are any current promotions missing from this list? Let us know in the forums.
Expired promotions
- HSBC: 1.75% on new deposits in a savings account between September 13 and December 16, 2021
- Tandia Credit Union (Ontario only): 1.60% for a 2-year GIC, 2.10% for a 3-year GIC, 2.20% for a 4-year GIC, 2.40% for a 5-year GIC
- Tandia Credit Union (Ontario only) new deposit promo expiring on December 17: 3.00% in a savings account until March 31, 2022
- Coast Capital chequing account: up to $350 sign up bonus for customers in BC
- EQ Bank: 1.75% on a 3-month TFSA or RSP GIC; 1.50% on a 3-month non-registered GIC
- Simplii Financial new customer promo: 2.20% in a savings account until October 31, 2021
- Tangerine Bank targeted 1.50% new deposit promo for existing customers between June 9, 2021 and October 31, 2021
- Wealth One Bank of Canada: 2.88% for a 5-year GIC if you use promo code GIC5Y between September 20 and October 22, 2021
- Steinbach Credit Union: 2.00% for a 5-year GIC
- Simplii Financial new customer promo: 1.50% in a savings account until October 31, 2021
- Simplii Financial existing customers: targeted new deposit promo: 1.50% until October 31, 2021
- Tangerine Bank new customers: 2.10% savings account interest rate for the first 5 months if you also open a chequing account, plus $150 bonus for setting up payroll direct deposit with the promo code “EARNMORE”
- Tandia Credit Union (Ontario only): 1.60% for a 2-year GIC, 1.85% for a 3-year GIC, 2.30% for a 4-year GIC, 2.50% for a 5-year GIC
- Scotiabank: up to $300 cash for opening an Ultimate Package or Preferred Package chequing account
- motusbank: 2.25% for the first 90 days in a new savings account or RRSP. 2.35% for the first 90 days in a new TFSA. Expires July 31, 2021 (although it expired early, before July 18).
- Wealth One Bank of Canada: 1.80% 3-year GIC, 1.88% 4-year GIC, 2.08% 5-year GIC. Offer expires June 30, 2021.
- Tandia Credit Union (Ontario only): 2.00% for a 90-day GIC
- Tangerine Bank targeted 1.50% new deposit promo for existing customers between April 8, 2021 and August 31, 2021
- Tangerine Bank targeted 1.50% new deposit promo for existing customers between March 9, 2021 and July 31, 2021
- Tangerine Bank targeted 1.75% new deposit promo for existing customers between February 9, 2021 and June 30, 2021
- Simplii Financial existing customers: targeted new deposit promo for 4 months: 1.25% between April 1 and July 31, 2021
- Manulife Bank: 2.00% for 4 months in a new, non-registered Advantage Account (expires June 18, 2021)
- motusbank promo: 2.40% in a new TFSA or RRSP savings account for 4 months if opened before
June 30, 2021(ended early on June 18) - EQ Bank: 2.30% 3-month TFSA or RRSP GIC. Offer expires June 2, 2021.
- Peoples Trust: 1.55% for a 15-month GIC
- RBC: 1.5% for 3 months in a new savings account before April 30, 2021; 2.0% for 3 months if you also open a TFSA or RRSP
- Tangerine Bank targeted 1.75% new deposit promo for existing customers between January 7, 2021 and May 31, 2021
- DUCA Credit Union (Ontario only): 6.67-year cashable RRSP or TFSA GIC: 1.00% if you cash in after 1 year; 2.00% if you hold the GIC for the full 80 months. Promo ends March 31, 2021.
- 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 Bank: 2.00% on new deposits to TFSA and RRSP savings accounts until April 30, 2021 (on deposits made before March 12)
- CIBC: 1.50% interest rate on new deposits to a TFSA or RRSP account between November 16, 2020 and March 31, 2021
- Tangerine Bank targeted 2.00% new deposit promo for existing customers between November 4, 2020 and March 31, 2021
- Simplii Financial new deposit promo for existing and new customers: 2.00% between October 1, 2020 and March 31, 2021
- Simplii Financial existing customers: targeted new deposit promo for 6 months: 2.30% between October 1, 2020 and March 31, 2021
- Meridian Credit Union: 1% bonus promo for transfers (minimum $10,000) from other financial institutions into an RRSP or TFSA between January 4 and March 1, 2021
- Wealth One Bank of Canada: 1.68% for an 18-month GIC until March 15, 2021
- EQ Bank: 1.70% for a 3-month GIC
- Tangerine Bank new customers: 2.15% savings account interest rate for the first 5 months if you also open a chequing account, plus $200 bonus for setting up payroll direct deposit with the promo code “EARNMORE”
- Innovation Credit Union $300 sign-up bonus (with conditions) for their no-fee chequing account
- Wealth One Bank of Canada: 1-year 1.88% GIC until October 31
- Tangerine Bank targeted 2.00% new deposit promo between October 7, 2020 and February 28, 2021
- Manulife Bank: 2.15% for the first 4 months if you open an Advantage Account before October 31, 2020
- Simplii Financial existing customers: targeted new deposit promo for 4 months: 2.00% between July 1, 2020 and October 30, 2020
- Tangerine Bank targeted 2.50% new deposit promo for existing customers for 5 months starting May 1, 2020
- RBC Royal Bank: 2.25% for the first 3 months in a new RBC High Interest eSavings account
- CIBC: 2.10% interest for 120 days when you open your first eAdvantage Savings Account
- 2.00% savings account offer for Canadian Tire credit card holders who make a savings account deposit and sign up for emails by August 31
- Tangerine Bank targeted 2.80% new deposit promo for existing customers for 5 months starting April 3
- CIBC: 2.40% interest for 120 days when you open your first eAdvantage Savings Account
- CIBC: 2.50% interest for 120 days when you open your first eAdvantage Savings Account
- Manulife Bank: 2.60% for the first 5 months if you open an Advantage Account before May 22, 2020
- Luminus Financial GIC rates include a 2.20% 1-year GIC, and a 5-year 2.60% GIC
- DUCA Credit Union (Ontario only) has a 1-year 2.75% GIC available until June 30, 2020 for customers who currently have funds in an Earn More WINTER Promo Savings Account
- DUCA Credit Union (Ontario only): 6.67-year cashable RRSP or TFSA GIC: 2.00% if you cash in after 1 year; 3.00% if you hold the GIC for the full 6.67 years
- DUCA Credit Union (Ontario only): 2.50% on new deposits to an Earn More Savings Account between April 2, 2020 and March 31, 2021
- Tangerine Bank targeted 3.00% new deposit promo for existing customers starting March 2
- Simplii Financial new deposit promo for 6 months: 2.80% between November 1, 2019 and April 30, 2020. Existing clients need to register for the offer.
- Vancity (BC only) Unity Term Deposit: 1-year 3.00% GIC
- EQ Bank: 2.45% 3-month GIC
- Meridian Credit Union: 1% bonus promo for transfers (minimum $10,000) into RRSPs and TFSAs, and 3% for 4 months in your first account
- Peoples Trust: 2.45% for a 90-day, 120-day, or 180-day GIC
- DUCA Credit Union (Ontario only): 3.00% on new deposits to an Earn More Savings Account between February 3 and June 30, 2020 (extended from original expiry of May 30)
- January targeted offer from Tangerine: 2.50%-2.75% on new deposits between January 6, 2020 and May 31, 2020. Applies to regular savings, TFSA, RSP, and USD accounts
- Targeted offer from Tangerine: 2.50% on new deposits between November 6, 2019 and April 30, 2020. Applies to regular savings, TFSA, RSP, and USD accounts
- CIBC: 2.75% in a TFSA until March 31, 2020
- Omnia Direct (Ontario only): 2.60% for a 1-year GIC; 2.70% for a 2-year GIC; 3.00% for a 5-year GIC
- Parama Credit Union (Ontario only): 2.75% for a 1-year GIC, available for non-registered, TFSA, and RRSP accounts
- Luminus Financial: 3.00% for a 5-year RRSP GIC, cashable at 1.75% before the term is up
- Ganaraska Credit Union (Ontario only): 3-year 3.00% GIC available for non-registered, TFSA, and RRSP accounts
- DUCA Credit Union (Ontario only) has a 5-year 3.00% cashable GIC
- Steinbach Credit Union: 2.40% for a 30-month GIC; 2.50% for a 45-month GIC; 3.00% for a 60-month (5-year) GIC
- Access Credit Union: 3.00% for a 46-month (just under 4 years) GIC and 2.70% for a 31-month GIC
- Niverville Credit Union: 2.60% for a 1-year cashable GIC
- CIBC eAdvantage Savings Account: 2.75% for 120 days on your first account
- Manulife Bank: 3.00% in a TFSA or RRSP until April 30, 2020 on new deposits made before March 13, 2020
- Meridian Credit Union: 2.70% for a 5-year Raise the Rate GIC
- MAXA Financial: 2.90% for a 50-month GIC
- Concentra Bank: 2.82% for an 18-month GIC
- Tangerine targeted 0.00% Line of Credit offer for 90 days
- Peoples Trust: 2.75% for a 1-year GIC
- RCU Credit Union (Ontario only) has a 2-year GIC (TFSA, RRSP, and RRIF only) at 2.85% until February 29, 2020
- Buduchnist Credit Union (Ontario only): GICs for 11 months (2.50%), 21 months (2.70%), 29 months (2.80%), and 42 months (2.90%) until March 2, 2020
- La Capitale (Quebec only) new deposit promo: 3.00% in High-Interest Savings Accounts between October 17, 2019 and January 31, 2020; 3.00% in TFSAs between October 17, 2019 and February 28, 2020
- BMO targeted offer: 2.85% in a new Smart Saver Account between August 1, 2019 and February 29, 2020
- Tangerine new customers: 2.75% interest rate for 6 months
- Peoples Trust: 2.90% for a 1-year GIC
- RCU Credit Union (Ontario only) has a 1-year GIC (including TFSA and RRSP) at 2.80% until January 31, 2020
- RBC new account promo: 2.50% interest for 3 months when you open your first RBC High Interest eSavings Account before January 31, 2020
- Scotiabank MomentumPLUS Savings Account: complex calculation including 2.50% for 90 days if you do not make any withdrawals
- 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
- DUCA Credit Union (Ontario only): 3.00% on new deposits to an Earn More Savings Account until January 31, 2020
- DUCA Credit Union (Ontario only): 2.50% on new deposits to an Earn More Savings Account until March 31, 2020
- Peoples Trust: 2.50% for 15-month GIC
- Concentra launches GICs, including a 1-year 3.01% GIC and an 18-month 3.02% GIC until January 30, 2020
- Peoples Trust: 1-year 3.00% GIC available for non-registered, TFSA, and RRSP accounts
- Buduchnist Credit Union (Ontario only): GICs for 11 months (2.50%), 23 months (2.70%), and 44 months (2.85%) until January 11, 2020
- Parama Credit Union (Ontario only): 2.75% for a 1-year TFSA GIC starting in January 2020 if you deposit a minimum of $6,000 into a savings account before December 31, 2019. (They will automatically transfer the money into the TFSA on January 2.)
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