A listing of current promotions from Canadian financial institutions:
Savings and chequing accounts
- Meridian Credit Union: 2.75% in a new savings account, both registered and non-registered
- Tangerine targeted 5-month new deposit promo for existing customers: 2.60% between May 6 and September 30, 2022
- RBC targeted new deposit promo for existing customers: 2.50% between May 5 and July 31, 2022
- Simplii Financial targeted 5-month new deposit promo for existing customers: 2.80% between May 1 and October 31, 2022
- CIBC: 2.60% interest rate for 120 days when you open your first eAdvantage Savings Account. Also earn 2.60% in a TFSA Tax Advantage Savings until July 29, 2022 on new money after April 25, 2022.
- HSBC 2.35% (on less than $25,000) or 2.65% (on $25,000 or more) new deposit promo for new and existing customers in a High Rate Savings Account between April 4 and June 24, 2022.
- EQ Bank sign-up bonus for new customers before June 15: $150 if you set up payroll direct deposit for 3 consecutive months
- Tangerine Bank targeted 2.80% new deposit promo for existing customers until July 31, 2022
- Simplii Financial targeted 4-month new deposit promo for existing customers: 2.75% between March 1 and June 30, 2022
- Simplii Financial new customers: get up to $350 by opening a chequing account and setting up an eligible direct deposit of at least $100 a month for 3 straight months. Offer expires May 31, 2022.
- Tangerine Bank targeted 2.00% new deposit promo for existing customers until June 30, 2022
- motusbank: 2.25% for 122 days on your first TFSA savings account
- DUCA Credit Union (Ontario only): 2.50% on new deposits to an Earn More Park Account until December 31, 2022
- Scotiabank: up to $300 cash for opening an Ultimate Package or a Preferred Package chequing account
- Tangerine Bank new customers: 2.75% 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
- Parama Credit Union (Ontario only): 2.50% for a 1-year cashable (after 60 days) GIC
- Tangerine Bank: 2.11% for a 9-month GIC; 2.90% for an 18-month GIC
- Oaken Financial: 3.30% for an 18-month GIC
Cash Back — view all
- 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
- 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
- Tangerine Bank targeted 2.00% new deposit promo for existing customers until April 30, 2022
- Simplii Financial new customer promo: 2.20% in a savings account until April 30, 2022
- CIBC: 1.50% interest rate for 120 days when you open your first eAdvantage Savings Account
- Oaken Financial: 2.70% for an 18-month GIC
- CIBC: 3.30% for a 5-year GIC
- Parama Credit Union (Ontario only): 2.00% for a 1-year GIC
- Tandia Credit Union (Ontario only): GIC promos include 3.00% for a 5-year GIC and 2.5% for a 30-month (2.5 years) GIC
- BMO targeted offer for existing clients: 1.75% on new deposits in a Smart Saver Account between November 15, 2021 and March 15, 2022
- Tangerine Bank targeted 1.60% new deposit promo for existing customers until March 31, 2022
- EQ Bank: 2.05% for a 90-day GIC, registered or non-registered
- AcceleRate Financial: 2.25% for an 18-month 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.
- BCU Financial: 1.85% for a 40-month (~3.33 years) GIC
- EQ Bank: 2.05% for a 180-day GIC, registered or non-registered
- Manulife Bank: 3.15% for a 5-year non-registered or RRIF GIC; 3.25% for a 5-year TFSA or RRSP GIC
- Tangerine Bank: 2.15% for an 18-month GIC
- Wealth One Bank of Canada GIC promos include a 3.18% 5-year GIC until March 1, 2022
- First Ontario Credit Union (Ontario only): 2.00% for a 90-day TFSA or RRSP GIC until March 1, 2022
- Tangerine Bank: 2.15% for a 3-year registered (TFSA/RRSP/RRIF) GIC
- Tangerine Bank targeted 1.40% new deposit promo for existing customers between September 7, 2021 and January 31, 2022
- CIBC: 3.00% for a 5-year GIC
- Simplii Financial targeted 6-month new deposit promo for existing customers: 2.00% between September 1, 2021 and February 28, 2022
- Parama Credit Union (Ontario only): 1.50% for a 1-year GIC; 1.75% for a 2-year GIC
Please write your comments in the forum.