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Mydoh promo codes

Explore the latest Mydoh promo code on offer and compare with other bank promotions on now in Canada.

Backed by RBC, the Mydoh app teaches kids about finances by letting parents assign and pay children for chores and monitor their child’s spending with the Smart Cash Card. You can use this Mydoh promo code to sign up now and start teaching your children to develop good financial habits.

Mydoh promo codes valid in 2024:

Download the app today and pay no subscription fee to sign up 2 parents and up to 5 children on the Mydoh app.

How to use the Mydoh promo code in Canada

Follow these steps to use the Mydoh promo code and cash in on the bonus:
  1. Download the Mydoh app.
    Download the Mydoh app from the Apple App Store or the Google Play store on Android.
  2. Navigate through the app.
    Press the “Create a Parent Account” button and then press the “Start My Free Trial” button.
  3. Create a login.
    Enter your email address, make a password to create an account and then follow the prompt to verify your email.
  4. Sign up for notifications.
    Decide if you want to allow or skip Mydoh communications.
  5. Verify your identity.
    Use RBC online banking, upload a picture of your driver’s license or use your passport to verify your identity and complete your registration.

Get more after the Mydoh promo code with a referral bonus

Mydoh referral bonus screenshot

There are other ways to cash in after using a Mydoh promo code. Once you’re a Mydoh customer you can keep earning through Mydoh’s referral program. Simply share your unique referral code directly from the Mydoh app with your friends or family.

With the Mydoh referral program you can earn $10 for your first 2 referrals, $20 for the next 4 referrals and $30 each for the rest – up to $400 per year. When your friend or family member signs up, enters your Mydoh referral code and funds their own Mydoh account, they’ll get a $10 bonus.

Not many platforms enable you to get an extra $400 per year so easily. Between the referral program and the promo code, Mydoh offers a lot of added bonus value to its customers.

What is Mydoh?

Mydoh is an app platform that helps parents teach their children financial literacy. Mydoh is owned and operated by RBC, but you don’t have to be a RBC customer to use Mydoh.

Once both parents and children download the Mydoh app, parents can assign chores to their children, pay them for their chores, pay them an allowance, track spending, react to transactions with emojis and lock or unlock their children’s cards.

Children get the Smart Cash Card to spend from their Mydoh account. It essentially acts like a debit card for both online and in-store purchases. Parents can track, lock and set spending limits on the Mydoh Smart Cash Card from the app on their phones.

How much does Mydoh cost?

Mydoh costs $0 per month. You can sign up a maximum of 2 parents and 5 children.

Mydoh Smart Cash Card

$0
Monthly Fee
$0
Transaction Cost
N/A
Rewards
Teach your kids smart spending and independence. Set up tasks, pay allowances and monitor spending activity.
Monthly Fee $0
Transaction Cost $0
Foreign Transaction Fee 2.5%
Monthly Fee $0
Minimum Age 18
Minimum Age Teen Account 4
# Included Account 5
Rewards N/A

Mydoh promo code vs. other Canadian bank promotions

Although the Mydoh promo code provides a good opportunity to start on Mydoh’s unique platform, other Canadian banks and credit unions are offering competitive promotions right now. Here are some other options you can use to compare with the Mydoh promo code offer.

RBC Signature No Limit Banking Account

Get $450 when you open an RBC Signature No Limit Banking Account. Apply by February 10, 2025.

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RBC VIP Banking Account

Get $450 when you open an RBC VIP Banking Account. Apply by February 10, 2024.

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BMO Performance Chequing Account

Get up to a $600 cash bonus. Earn $350 when you open a new BMO Performance Chequing Account and $200 when you open a Savings Amplifier Account. Plus, earn an additional $50 when you add a second member and make it a BMO Family Bundle. Valid until October 31, 2024. Plus, earn a 5.50% promo interest rate when you open a Performance Chequing and a Savings Amplifier Account.

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BMO Premium Plan Chequing Account

Get up to a $600 cash bonus. Earn $350 when you open a new BMO Premium Plan Chequing Account and $200 when you open a Savings Amplifier Account. Plus, earn an additional $50 when you add a second member and make it a BMO Family Bundle. Valid until October 31, 2024. Plus, earn a 5.50% bonus interest rate when you add a Savings Amplifier Account.

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BMO New to Canada Performance Chequing Account

Get up to a $600 cash bonus. Earn $350 when you open a new BMO New to Canada Performance Chequing Account and $200 when you open a Savings Amplifier Account. Plus, earn an additional $50 when you add a second member and make it a BMO Family Bundle. Valid until October 31, 2024. Plus, earn a 5.50% promo interest rate when you open a Performance Chequing and a Savings Amplifier Account.

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Simplii No Fee Chequing Account

Earn $500 when you become a new client and set up a direct deposit of at least $100 for 3 months. Offer ends October 31, 2024.

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Coast Capital Free Chequing, Free Debit, and More Account

Get $150 when you open an use a Free Chequing, Free Debit and More Account. Conditions apply. Apply by November 28, 2024.

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National Bank The Total Chequing Account

Get $150 towards an eligible National Bank credit card you activate after opening a National Bank The Total Chequing Account.

National Bank Connected Account

Get $30 towards an eligible National Bank credit card you activate after opening a National Bank Connected Account.

BMO Performance Student Chequing Account

Earn a $100 cash bonus and enjoy six months of Domino’s Pizza (worth $95, one pizza per month) when you open a new BMO Student Chequing Account. Valid until October 31, 2024.

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KOHO Earn Interest

Earn up to 5.00% interest with a high interest savings account. Pick a KOHO plan and opt-in to Earn Interest.

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Simplii High Interest Savings Account

Earn 6.25% interest for 5 months on up to $1,000,000 in savings. Apply by October 31, 2024.

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EQ Bank Personal Account

Earn 4.00% interest on your money for 12 months, and 2.25% thereafter.

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EQ Bank Joint Account

Earn 4.00% interest on your money.

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You can explore more options from the Big Five banks, digital banks, credit unions and prepaid cards in our full guide to the best bank promotions in Canada.

Chelsey Hurst's headshot
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Publisher

Chelsey Hurst is a publisher at Finder, specializing in banking and investments. She loves empowering people to avoid financial pitfalls and make better decisions with their money. Chelsey has a Bachelor of Science from Redeemer University, a Master of Science from McMaster University, and has won multiple awards for research communication. In her spare time, Chelsey enjoys cooking and taking long walks in nature. See full bio

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