Promotions

A listing of current promotions from Canadian financial institutions:

Savings and chequing accounts

• RBC new customers: 4.70% for 3 months in your first RBC High Interest eSavings account if opened before 3pm ET on July 30, 2025
• Tangerine targeted 3-month new deposit promo for existing customers: 3.50%-3.65% between June 6 and August 31, 2025
• Omnia Direct (Ontario only): 4.50% for 4 months in a new savings account opened by August 31, 2025
• Vancity: 4.85% in a savings account until July 31, 2025
• EQ Bank: 3.50% in Personal Accounts if you set up a qualifying direct deposit
• Wealthsimple: additional 0.50% interest in a Chequing account if you set up a qualifying direct deposit
• Tangerine targeted 3-month new deposit promo for existing customers: 3.75%-4.00% between May 6 and July 31, 2025
• CIBC: 4.90% in a new eAdvantage savings account for the first 3 months
• Tangerine targeted 3-month new deposit promo for existing customers: 3.75%-4.15% between April 3 and June 30, 2025
• Coast Capital: Up to $500 for opening a chequing account and credit card; 5.00% bonus interest rate in a new savings account. Offer ends June 30, 2025.
• Simplii Financial targeted 4-month new deposit promo for existing customers: 2.25%-3.75% between March 4 and June 30, 2025
• Simplii Financial new customer promo: 3.70% in a savings account for the first 7 months
• BMO: Earn up to $700* cash bonus on a new Chequing and Savings Amplifier Account
• Scotiabank: Earn up to $500 with a Scotiabank banking package and a registered account
• Tangerine Bank new customers: 4.50% savings account interest rate for the first 5 months

GICs

• Meridian Credit Union: 3.40% for an 18-month GIC
• Oaken Financial: 3.55% for an 18-month GIC
• Wealth One Bank of Canada: 3.75% for an 18-month GIC
• Peoples Trust: 3.50% for a 15-month GIC
• Tangerine Bank: 3.25% for an 18-month GIC

Cash Back — view all

• Cathay World Elite Mastercard: $105 via Interac e-Transfer or $110 Amazon.ca gift card
• Rogers Red World Elite Mastercard: $60 via Interac e-Transfer or $65 Amazon.ca gift card
• Rogers Red Mastercard: $60 via Interac e-Transfer or $65 Amazon.ca gift card
• Simplii Financial No Fee Chequing Account: $65 via Interac e-Transfer or $70 Amazon.ca gift card
• Simplii Financial High Interest Savings Account: $45 via Interac e-Transfer or $50 Amazon.ca gift card
• Neo Financial High-Interest Savings: $15 via Interac e-Transfer or $20 Amazon.ca gift card
• Neo World Elite Mastercard: $75 via Interac e-Transfer or $80 Amazon.ca gift card
• Neo World Mastercard: $55 via Interac e-Transfer or $60 Amazon.ca gift card
• Tangerine: $140 cash back or a $150 Amazon.ca gift card for opening a Money-Back Credit Card
• Tangerine: $140 cash back or a $150 Amazon.ca gift card for opening a Tangerine World Mastercard
• Scotiabank: $150 cash back or a $160 Amazon.ca gift card for opening a Gold American Express credit card
• Scotiabank: $205 cash back or a $210 Amazon.ca gift card for opening a Passport Visa Infinite Card
• Scotiabank: $250 cash back or a $275 Amazon.ca gift card for opening a Passport Visa Infinite Privilege Card
• Borrowell: $5 for signing up for an account
• Wise: $10 cash back if you open a new account and create a cross-currency transfer
• See all High Interest Savings Cash Back offers

Are any current promotions missing from this list? Let us know in the forums.

Expired promotions

• Meridian Credit Union: 4.80% for the first 4 months in a new savings account, both registered and non-registered
• RBC new customers: 4.70% for 3 months in your first RBC High Interest eSavings account if opened before 3pm ET on June 3, 2025
• Tangerine targeted 3-month new deposit promo for existing customers: 3.75%-4.00% between March 6 and May 31, 2025
• CIBC: 5.00% in a new eAdvantage savings account for the first 4 months
• Motive Financial new customers: 4.75% (formerly 5.35% and 5.75%) in a savings account for the first 120 days
• Coast Capital Savings: up to $500 for opening a chequing account and credit card; 5.00% bonus interest rate in a new savings account until April 30, 2025 if you open an account by March 31, 2025
• RBC new customers: 4.95% for 3 months in your first RBC High Interest eSavings account if opened before 3pm ET on March 10, 2025
• Manulife Bank: 4.70% (formerly 4.80%) new deposit promo between December 12, 2024 and April 30, 2025
• EQ Bank: 2% match on new deposits made to TFSA, FHSA, or RSP accounts by February 28, 2025.
• Tangerine targeted 3-month new deposit promo for existing customers: 5.00% between December 4, 2024 and February 28, 2025
• Simplii Financial targeted 3.5-month new deposit promo for existing customers: 3.50%-5.25% between November 19, 2024 and February 28, 2025
• Meridian Credit Union: 4.90% (formerly 5.20% and 5.50%) for the first 4 months in a new savings account, both registered and non-registered
• Motive Financial: 4.00% (formerly 4.25% and 4.75%) for a 120-day non-registered GIC, new deposits only
• Tangerine targeted 3-month new deposit promo for existing customers: 5.35% between October 3 and December 31, 2024
• Tangerine targeted 3-month new deposit promo for existing customers: 5.10% to 5.35% between September 5 and November 30, 2024
• Vancity: 5.00% in a savings account until November 20, 2024
• Manulife Bank: 4.95% (formerly 5.25%) new deposit promo between August 8 to December 6, 2024 (requires an advisor)
• DUCA Credit Union (Ontario only): 5.25% on new deposits to an Earn More Savings Account between August 21 and November 18, 2024, then 4.00% until February 28, 2025
• DUCA Credit Union (Ontario only): 5.15% for a 6-month GIC
• Simplii Financial targeted 4.5-month new deposit promo for existing customers: 5.50% between July 31 and November 15, 2024
• Tangerine targeted 3-month new deposit promo for existing customers: 5.35% or 5.50% between August 7 and October 31, 2024
• Omnia Direct (Ontario only): 5.55% for 4 months in a new savings account opened by September 9, 2024
• Tangerine targeted 5-month new deposit promo for existing customers: 5.25% or 5.50% between April 3 and August 31, 2024
• Motive Financial: 5.50% for a 120-day non-registered GIC, new deposits only
• Tangerine targeted 5-month new deposit promo for existing customers: 4.00%, 4.25%, or 4.75% between March 5 and July 31, 2024
• Simplii Financial targeted 3-month new deposit promo for existing customers: 5.50% or 5.75% between April 11 and July 15, 2024
• Vancity (BC only) 5.50% new deposit promo for new and existing customers in a Jumpstart High Interest Savings account between April 9 and July 9, 2024
• Parama Credit Union (Ontario only): 5.30% for a non-redeemable 1-year GIC on new money, minimum $10,000 deposit
• Coast Capital 6.00% new deposit promo for new and existing customers in High-Interest Savings Account between March 13 and June 30, 2024
• Tangerine targeted 5-month new deposit promo for existing customers: 5.25% or 5.50% between February 8 and June 30, 2024
• Manulife Bank: 5.50% (formerly 5.75%) for 120 days in a new, non-registered Advantage Account opened between March 19 and June 7, 2024
• Tangerine targeted 5-month new deposit promo for existing customers: 5.25% or 5.75% between January 4 and May 31, 2024
• Manulife Bank 5-month new deposit promo for TFSA and RRSP accounts only: 5.50% between December 1, 2023 and April 30, 2024
• Tangerine targeted 5-month new deposit promo for existing customers: 5.50% or 6.00% between December 5, 2023 and April 30, 2024
• Meridian Credit Union: 5.75% for the first 5 months in a new savings account, both registered and non-registered
• Simplii Financial targeted 4-month new deposit promo for TFSA and RRSP accounts only: 5.50% between December 1, 2023 and March 31, 2024
• Simplii Financial targeted 3-month new deposit promo for existing customers: 5.50% between January 9 and March 31, 2024
• DUCA Credit Union (Ontario only): 6.00% on new deposits to an Earn More Savings Account between March 15 and June 30, 2024. Promo closed to new deposits on March 27.
• DUCA Credit Union (Ontario only): 5.50% (formerly 5.75% and 6.25%) on new deposits to an Earn More Savings Account until March 14, 2024
• HSBC new deposit promo until January 12, 2024: 5.85% on balances up to $24,999; 6.35% on balances of $25,000 or higher

Promotions archive: 2014-2017 | 2018-2019 | 2020-2021 | 2022-2023