Get $40 – $200+ Free Cash Bonuses

Looking for $100, $150, $200 cash bonuses and more? Major Canadian banks, fintech platforms and financial comparison sites like ours routinely offer lucrative cash incentives when you open a new account. If you’re looking to switch your chequing provider, open a savings account or make money on a get-paid-to platform, you can get paid just for signing up. See what legitimate promotions are active in Canada today.

Compare free cash bonuses under $100

Compare free $100 – $199 cash bonuses

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Chequing Accounts

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Get $175 from Finder

Become a Finder member, then open a new BMO Performance Chequing Account online through Finder as a first-time customer to get a $175 digital Visa card from Finder + earn up to $900 in welcome bonuses from BMO. Keep the account open until January 29, 2027. Offer ends November 30th, 2026. Separate T&Cs apply.

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FINDER REWARDS EXCLUSIVE

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Chequing Accounts

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Get $100 from Finder

Become a Finder member, then open a new Scotiabank Preferred Package online through Finder as a first-time customer to get a $100 digital Visa card from Finder + earn up to $1,000 in welcome bonuses from Scotiabank. Keep the account open until January 15th, 2027. Offer ends November 30, 2026 at 11:59 PM ET. Separate T&Cs apply.

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Compare free $200+ cash bonuses

Where can you get $40 – $200+ cash bonuses?

You can earn high-value cash bonuses between $40 to $200+ by signing up for financial products directly through a bank, or by using comparison and cashback platforms like ours (Finder), moneyGenius and Great Canadian Rebates. Comparison or cashback sites partner with major banks and financial companies to offer you exclusive cash payouts, often called “cashback” or “member rewards,” just for opening a new account through their links.

Are cash bonuses through comparison sites actually legit?

Whether a deal is real or not depends on the website. Finder, for example, has partnerships with big banks like BMO and RBC. We’re a legally registered business in Canada, and the company has 20 years of experience in the global fintech and online comparison space.

What do I need to know about these free cash bonuses?

Cash bonus offers usually share these key features:

• New customers only. If you already signed up for the product before, you won’t qualify for the bonus.
• Stacking is allowed. For offers from comparison sites, you can combine them with the welcome bonuses offered by banks. It’s like getting paid twice for one move.
• Slow payouts. Getting the cash could take several weeks because eligibility needs to be verified first.
• Deadlines. These offers don’t last forever, so make sure to apply before the deadline.
• Additional steps may be required. You may need to take certain steps within 60 to 90 days to get the bonus, such as depositing funds into your new bank account.

Written by

Leanne Escobal

Senior Publisher

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Leanne Escobal is a senior publisher at Finder with more than 13 years of experience in financial products and services, with a focus on content strategy and marketing. She has completed the Canadian Securities Course (CSC®) as well as the Personal Lending and Mortgages course through the Canadian Securities Institute. Leanne holds a Bachelor of Arts (Honours) in English literature and creative writing from Western University. See full bio

Leanne's expertise

Leanne has written 201 Finder guides across topics including:

• Personal Loans
• Car Loans
• Business Loans
• Short-Term Loans
• International Money Transfers
• Make Money Online