New Bank Promotions Canada 2018

New Bank Promotions Canada
14 February 2018

Want to open a bank account AND make money while doing it? Get the inside scoop on new bank account promotions with with our updated guide for 2018 Bank Promotions in Canada!

Whether you want to earn free movies or straight-up money, these deals are worth a look. We'll keep you updated as offers change, so bookmark this page and check back from time to time!

Here are some offers currently available through Canadian banks:

BMO Bank of Montreal

Get a $100 cash bonus when you open a BMO chequing account online

I think it's safe to say everyone loves free money, and this one is a great way to claim some! Right now, you can get a $100 cash bonus just by signing up for a new BMO bank account!

To qualify, you must apply for the account online and open a new Canadian Dollar Primary Chequing Account and keep it open and in good standing until April 3, 2019. You also need to make a deposit of any amount into the account before the deal closing date, set up a recurring direct deposit and have at least one direct deposit transaction credited to the account.

There are a few more terms and conditions to keep in mind, so check out the full details before you open a new account with BMO.

Valid until April 3, 2018


Earn 2.30% interest on new deposits with a CIBC eAdvantage Savings Account

Alright, this one helps you earn even more money when you make a deposit, and who doesn't want that? The CIBC eAdvantage Savings Account is a high-interest savings account that lets you earn 2.30% interest on new deposits, provided your balance is $5,000 or more.

You can apply online and get a few extra perks like free transfers to your other CIBC accounts.

Offer only available for a limited time

RBC (Royal Bank of Canada)

Save 3¢ per litre when you link your Petro-Points card to an RBC debit or credit card

This is one you can jump on even if you're not opening a new account with RBC. All you need to do is link your Petro-Points card to one or all of your eligible RBC debit and credit cards, and you'll be able to earn points faster and save on gas!

Here's how it all works:

  • 1. Get an eligible RBC debit card or credit card. Don't have one? Apply now.
  • 2. Get a Petro-Points card. If you're not a member yet, you can sign up here.
  • 3. After that, log in to your online banking account and follow the linking instructions.

Once everything is all connected, you'll save 3¢ per litre when you use your linked card at a Petro-Canada location!

No expiration date


Earn 5,000 free SCENE points (good for five free movies) when you open an account

This one is perfect for all you movie buffs, since banking with Scotiabank can help you earn SCENE points towards free movies! All you need to do is open a SCENE-eligible bank account (like the Scotia One Chequing Account with SCENE Rewards) with a SCENE debit card, and you'll get 5,000 points!

You'll also earn one SCENE point for every $5 you spend with a SCENE Visa Card and get 5x the SCENE points on any Cineplex purchases you make with that card. Plus, you can earn 4,000 SCENE points (good for four Cineplex movie tickets) with the first $500 you spend on everyday purchases in your first three months with the card.

Want to try and figure out exactly how many SCENE points you could earn? Check out their handy SCENE calculator, which breaks everything down for you!

No expiration date


Earn a $50 bonus for every friend or family member you refer to Tangerine

Okay, this one is super simple and absolutely worth it if you bank with Tangerine. For every friend you successfully refer to Tangerine, you'll get $50 as part of the Refer a Friend Double Bonus deal!

So how do you refer someone? Log in to you Tangerine account and hit the "share" button that'll pop up near the bottom of your screen. From there, Tangerine will walk you through the next steps, including how to share your Orange Key to the friends you want to refer.

Once they accept your offer, they'll just need to open an account with a deposit of $100 or more.

And to make things even sweeter, each friend you refer also gets a bonus $50!

Valid until April 30, 2018

Did we miss anything on this list? Let us know over on Facebook or in the comments!

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