Canada’s Best Signup Bonuses (Dec 2022)

November 23, 2022
Blog
Canada's Best Signup Bonuses - Canadian $5 bill on a wooden table

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 3 signup bonuses currently available in Canada:

  1. CoinSmart – $50
  2. VirgoCX – $20
  3. Bitbuy – $30

The 3 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 have accounts verified etc.

1. CoinSmart – $50

Offer Valid Until: Unknown
Bonus Requirements: $200+ initial deposit

Our code YOREOYSTER currently gets you $50, the highest bonus you’ll get from any crypto exchange in Canada. You also won’t find a $50 signup bonus with CoinSmart anywhere else.

Get your $50 signup bonus with CoinSmart here.

2. VirgoCX – $20

Offer Valid Until: December 9, 2022
Bonus Requirements: $100+ initial deposit

VirgoCX is currently our #1-rated crypto exchange, both because of its extremely low fees and the overall quality of the platform. I've personally used them for more than a year and can't recommend them highly enough.

Get your $20 signup bonus with VirgoCX here.

3. Bitbuy – $30

Offer Valid Until: Unknown
Bonus Requirements: $250+ initial deposit

Like VirgoCX, Bitbuy is also offering a $30 signup bonus, though Bitbuy charges a 1.5% withdrawal fee, so you’ll only end up ~$26 ahead after it’s all said and done.

Get your $30 signup bonus with Bitbuy here.

I strongly recommend opening accounts with all of the crypto exchanges above to earn a quick, easy $110. Even without signup bonuses, it’s a good idea to open accounts with multiple crypto exchanges so you can capitalize on the strengths of each while avoiding their weaknesses.

Note: The signup bonuses below are good, but they aren’t nearly as easy to get as the ones above. I suggest capitalizing on the three bonuses above before moving further down this list.

Trade crypto with zero fees

ZenGo is our #1-rated, fully secure crypto platform that charges zero fees on trades up to $1,000. With 24/7 customer support and its easy-to-use app, ZenGo is Canada's #1 crypto exchange.

Claim your account by December 9, 2022 to get exclusive access to this special deal.
SECURE MY CRYPTO FOR FREE
Sign up by December 9, 2022.

Other Signup Bonuses In Canada

American Express Aeroplan Reserve Card – $1,700-$2,550

Offer Valid Until: Unknown 
Bonus Requirements: Spend $1,000 per month for the first 5 months to get 85,000 Aeroplan points, worth $1,700 – $2,550. You’ll also need to pay the $599 annual fee.

American Express Platinum Card – $1,600-$2,400

Offer Valid Until: Unknown
Bonus Requirements: Spend $6,000 on the card in the first 3 months to get 80,000 MR points, worth $1,600 – $2,400. You’ll also need to pay the $699 annual fee (though a $200 travel credit makes the real annual fee $499).

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 30,000 MR points, worth $600 – $900. You’ll also need to pay an $11.99 monthly fee, which adds up to $155.88/year.

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:

  1. Set up recurring payroll within 6 months of opening your account 
  2. Send 2 separate merchant pre-authorized debits within 3 months of opening your account 
  3. Send 2 INTERAC e-transfers® to separate parties within 3 months of opening your account 
  4. 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: 

  1. Set up one eligible automated recurring direct deposit, like a payroll or pension, that recurs for 3 months in a row.
  2. Set up 2 eligible separate recurring pre-authorized transactions worth $50 or more, that recur for 3 months in a row.
  3. 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.

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