One great way to earn money quickly is to capitalize on the various signup bonuses offered by financial institutions. From credit cards to bank accounts to crypto exchanges and more, there are plenty of companies willing to pay you to sign up for their products and services, including those that are free.
Our team spends dozens of hours each month scouring the web for the best Canadian signup bonuses that pay out the most for the last amount of effort. Here are the top signup bonuses currently available in Canada:
- American Express Platinum Card – 140,000 points
- American Express Platinum Card – 15,000 points
The Best Signup Bonuses In Canada
Below, you'll find the easiest, most lucrative signup bonus offers available in Canada today. Each of the three offers below take less than 15 minutes to secure, though you may have to wait a day or two to be approved.
American Express Platinum Card – $2,800 – $4,200
Offer Valid Until: Unknown
Bonus Requirements: Spend $10,000 on the card in the first 3 months to get 140,000 MR points, worth $2,800 – $4,200. You’ll also need to pay the $799 annual fee (though a $200 travel credit makes the annual fee feel $200 lower).
American Express Cobalt Card – $600 – $900
Offer Valid Until: Unknown
Bonus Requirements: Spend $500/month on the card for the first 12 months to get 15,000 MR points, worth $600 – $900. You’ll also need to pay an $11.99 monthly fee, which adds up to $155.88/year.
TopCashback – $15 Signup Bonus
Offer Valid Until: No expiry date
Bonus Requirements: Earn $10 in cash back
TopCashback is a highly rewarding, easy to use cashback app with over 20 million users worldwide. It's ideal if you shop online and like to get a great deal but don’t have time to hunt for coupons or deals.
By using our TopCashback referral link (no TopCashback referral code required), you'll receive an additional $15 cashback bonus after earning your first $10. With 7,000+ retail partners and millions of dollars paid out in cashback each year, TopCashback is a great way to get an extra boost on your current spending.
HSBC – $400
Offer Valid Until: December 31, 2022
Bonus Requirements: Open a Premier or Advanced Chequing Account online, plus complete two of these four additional requirements:
- Set up recurring payroll within 6 months of opening your account
- Send 2 separate merchant pre-authorized debits within 3 months of opening your account
- Send 2 INTERAC e-transfers® to separate parties within 3 months of opening your account
- Make 2 online bill payments, to 2 separate merchants, within 3 months of opening your account
Scotiabank – $350
Offer Valid Until: April 30, 2023
Bonus Requirements: Open a new Ultimate or Preferred Package, plus complete two of these three additional requirements:
- Set up one eligible automated recurring direct deposit, like payroll or pension, that recurs for 3 months in a row.
- Set up 2 eligible separate recurring pre-authorized transactions worth $50 or more that recur for 3 months in a row.
- Make one eligible $50 bill payment with online or mobile banking.
Newton – $25
Offer Valid Until: Unknown
Bonus Requirements: $100 initial deposit
Newton is another Canadian crypto exchange, though we don’t particularly recommend it for frequent crypto traders. If you plan to buy and sell crypto regularly, you’re better off with one of the three exchanges at the top of this, though if you just want another quick signup bonus, Newton is great for that.
