Best Cash Back Websites in Canada: 11 Money-Saving Tools

The best cash back websites in Canada, such as Neo Financial, KOHO, Rakuten, Great Canadian Rebates, Swagbucks and Caddle, can help minimize your shopping costs when you make purchases online or in-store.

Combined with a good cash back credit card, you can double up on the savings as grocery costs continue to rise alongside steady increases in inflation.

Let’s look at the complete list of the best cash back websites and how to use them to maximize your cash back rewards.

Best Cash Back Sites To Save Money in Canada

Cash Back Website	Features	Cash Back on Purchases	Minimum Payout Threshold	Cash Out Methods
KOHO	Unlimited free debit transactions and e-Transfers, earn 4.00% interest on balance, mobile app, $40 bonus,	Up to 5%	None	Withdraw or spend directly
Neo Money	Earn interest on balance, mobile app	Up to 3%	None	Withdraw or spend directly
Rakuten	Offers a browser extension that activates the app before a purchase is made; offers double cash app offers $30 welcome bonus when you sign up and make your first purchase of $30 or more	Up to 40% cashback	$5.01	PayPal, cheque, or Amazon gift cards
Great Canadian Rebates	Pays users money for shopping through their links $3 signup bonus	4%	Starting at $12	Cash back rebate for gift cards, direct deposit, or PayPal payment
Swagbucks	Rewards members when they shop online, complete surveys, play games, and more; earn Swagbucks points (SBs) for every dollar spent at participating stores $5 to $10 signup bonus	Up to 10% cashback	From $3	Gift cards, prepaid cards, and PayPal cash
Caddle	Pays cash back on purchases of everyday household items, watching video ads, and completing surveys $1 sign-up bonus	50 cents to $10 per offer	$20	Cheque

The best cash back and rebates sites in Canada are free to join.

1. KOHO

You can use the free KOHO prepaid card anywhere Mastercard is accepted and earn cash back. It also pays a high interest rate on your balance, doubling as a solid savings account.

How it works: You get a reloadable prepaid card that earns 1% cash back on grocery and gas purchases. Simply pay using your KOHO Card, and cash back is automatically credited to your balance. At participating retailers, the cash back rate is up to 5%.

You can easily deposit funds from your bank account; bill payments and Interac e-Transfers are free. This account also offers free credit score checks and access to 0% APR cash advances of up to $250.

Cash back payout: Cash back earned can be used to pay for purchases or you can withdraw it to your bank account. There is no minimum payout threshold.

Use the KOHO Essential account at a monthly cost of $0* by setting up a direct deposit.

Promotion: Get a $40 bonus when you sign up using our GETCASH referral code and complete your first purchase of any amount.

Available: Canada only.

2. Neo Financial

The free Neo Money prepaid Mastercard offers cash back rewards on all spending. Whether you are shopping at your favourite retailer or a Neo Partner store, there’s cash back available to be earned.

It also pays users interest on their card balance. So, if you carry a balance on your Mastercard, you earn interest and can grow your money passively.

Combined with its hybrid account, you can use a Neo Money account to make unlimited free transactions, e-Transfers, and more.

How it works: Open a Neo Money account here and fund it using Interac e-Transfer. You earn up to 3% cash back on some purchases.

Available: Canada only.

You can access even more perks by subscribing to a Premium account. It includes credit score monitoring, purchase protection, higher cash back rates, and more.

3. Rakuten

Rakuten is one of the oldest cashback rebates sites for online shopping. Formerly known as Ebates, the platform is available in the U.S., Canada, and Japan.

How it works: Create a free account ($30 bonus). In Canada, Rakuten is affiliated with over 750 stores (3,500+ in the U.S.). When you want to shop online, first visit Rakuten to find your store and click through to their website.

Rakuten uses cookies to track your purchase, and you earn the advertised cash back rate at the time of purchase.

Cash back earn rate varies, and it is not unusual to see discounts ranging from 1% to as high as 30%. I find it is easier to activate cash back when you install Rakuten’s browser extension.

Cash back payout: The cash back you have earned is paid out four times a year in February, May, August, and November.

Payment options include PayPal, cheque, or Amazon gift cards. The minimum payout threshold is $5.01.

Available: Canada, the United States, and Canada.

Promotion: Get a $30 welcome bonus when you sign up and make your first purchase of $30 or more.

4. Great Canadian Rebates

Great Canadian Rebates (GCR) is the homegrown version of Rakuten. It is affiliated with more than 700 merchants, including U.S. retailers that ship to Canadian addresses.

If you are looking for a new credit card, this site often has some of the best offers to get free $100 gift cards.

How it works: Join Great Canadian Rebates ($3 bonus). Visit GCR before making any online purchase to search for your favourite store and click through to their website.

Make sure to remove ad blockers from your browser as they may affect tracking and cause you to lose rebates. Cash back is usually credited to your account within 72 hours.

You can also install the GCR Toolbar Addon to get automatic alerts when you are shopping at a participating website.

Cash back payout: Redeem cash back rebate for gift cards, direct deposit, or PayPal payment, starting at $12. When you refer friends to the platform, you earn a 15% referral bonus on all cash back they earn for 3 years.

Available: Canada only.

5. Swagbucks

Swagbucks is a get-paid-to site that rewards members when they shop online, complete surveys, play games, and more.

As per its website, Swagbucks has paid members more than $700 million since its founding.

How it works: Sign up ($5 bonus) and visit over $1,500 retailers directly from your dashboard. You earn Swagbucks points (SBs) for every dollar spent at participating stores.

Cash back payout: You can redeem points for gift cards, prepaid cards, and PayPal cash.

Available: Canada, the U.S., and U.K.

6. Caddle

Caddle is a free grocery cash back site and app founded in 2015.

How it works: Get the Caddle App ($1 bonus). Every week, the app features new offers to help you save on grocery purchases. Buy the item at any store (or in some cases at a specific store) and upload your receipt via the app.

Cash back earned is added to your account within 24-72 hours. Caddle also pays its users to complete short questionnaires and provide feedback on video ads.

Cash back payout: You can request a cheque payout when your account balance reaches $20 or more.

Available: Canada only.

Promotion: Get a $1 sign-up bonus after you complete at least one task.

7. Capital One Shopping

Shop online using the Capital One Shopping browser extension and get cash back in the form of gift cards from popular brands from diverse industries like Nike, H&M, Michael Kors, Disney+, NordVPN, and Urban Outfitters. 

The browser extension is available for Google Chrome, Mozilla Firefox, and Microsoft Edge. After installing it and creating an account, the extension will automatically search for coupons to ensure you get the best deals. 

When the browser tool finds coupons and promo codes while you shop online, it will automatically apply the code to your purchase, eliminating the need to input codes manually during checkout.  

When using the Capital One Shopping browser extension, check that no other shopping portal is working in the background to prevent your Capital One Shopping purchases from becoming ineligible for rewards. 

Cash back payout: To request a payout, log in to your account and click on the “My Rewards” tab on the top menu. Click on Redeem to view the gift cards available to you. 

Available: Canada, the United States

8. TopCashback Canada

Like Rakuten, TopCashback works well for online purchases at thousands of retailers.

The company operates in the United Kingdom, U.S., and Canada.

How it works: Create an account and visit TopCashback prior to making a purchase online. Click on your preferred retailer to visit their site and place your order. Cash back is automatically credited within seven days.

Cash back payout: Redeem your earnings at any time using PayPal, gift cards, (Amazon, Walmart, etc.), and Visa prepaid cards.

Available: Canada, the U.S., and the U.K.

Learn more: TopCashback review.

9. Checkout 51

This grocery rewards site pays you to shop with lots of new offers available every Thursday.

How it works: Download the app and browse the offers available for the week. Make your purchase at any store (in some cases at specific stores) and upload your receipt using the app. Cashback is added to your account within days.

Cash back payout: Withdraw earnings starting at $20, and a cheque is sent to your mailing address.

Available: Canada and the U.S.

Learn more: Checkout 51 review.

10. Honey

Honey is a browser extension that alerts you when there are coupons available on over 40,000 sites. It also has a rebates feature, Honey Gold, that works like Rakuten.

How it works: Install the Honey browser extension on Google Chrome, Firefox, and Edge. When you are shopping on a site that has coupons available, Honey finds the coupons and automatically applies them to your cart.

Cash back payout: The ’Gold’ you earn via Honey Gold can be redeemed for gift cards.

Available: U.S., U.K., Canada, and Australia.

11. Drop App

Drop is a cashback app for iOS and Android devices. It is based in Toronto and has over 4 million users.

How it works: Get the free app and link a bank card (debit or credit). When you make a purchase at any of the retailers featured on the app, you earn points you can redeem for gift cards.

Unlike cash back apps that require you to upload receipts, Drop automatically tracks purchases at more than 400 brands. Drop also pays users to take surveys and play mobile games.

Cash back payout: 1,000 Drop points are equivalent to $1. The minimum payout is $25 (25 points), and you can redeem points for gift cards.

Available: Canada and the United States. Learn more: Drop App review.

How Cash Back Websites Work

A cash back website or app is a rewards platform that has partnerships with retailers who pay it commissions for bringing customers to their store.

In turn, a cash back site gives its members a portion of the sale commission or affiliate revenue they have earned, making for a WIN-WIN situation.

For example, if you want to buy something at Walmart, you could just log in to your Rakuten account to see the specific offers available for Walmart.

If you click through and make a purchase, Rakuten gives you a cut of the commission, and this “cash back” (in percentage) is known upfront.

Not all cash back sites pay using real dollars. Some offer rewards points (such as the Drop App) you can redeem for gift cards or prepaid cards.

How To Maximise Cash Back Rewards in Canada

In addition to earning cash back using the cash back sites listed above, you can earn even more by using a cash back rewards credit card to pay.

For example, the Tangerine Money-Back Credit Card pays up to 2% cash back on all purchases in your chosen categories (groceries, gas, entertainment, etc.).

And the Neo Credit Mastercard offers up to 5% cash back at 12,000 locations.

Other strategies include:

Combine offers: In some cases, you can combine cash back offers and earn using multiple sites. For example, use your KOHO Mastercard to purchase an offer available on Rakuten, Caddle, or Checkout 51.

I have also had instances where I could submit the same receipt on both Caddle and Checkout 51.

Use the browser extension: It is quite easy to forget to first visit a cash back site prior to making a purchase online. With their browser extension, you get alerts when cash back is available.

CashBack Sites FAQs