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


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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 WebsiteFeaturesCash Back on PurchasesMinimum Payout ThresholdCash Out Methods
KOHOUnlimited free debit transactions and e-Transfers, earn 5.00% interest on balance, mobile app, $20 bonus,Up to 5%NoneWithdraw or spend directly
Neo MoneyEarn interest on balance, mobile appUp to 5%NoneWithdraw or spend directly
RakutenOffers 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$5.01PayPal, cheque, or Amazon gift cards
Great Canadian RebatesPays users money for shopping through their links

$3 signup bonus
4%Starting at $12Cash back rebate for gift cards, direct deposit, or PayPal payment
SwagbucksRewards 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% cashbackFrom $3Gift cards, prepaid cards, and PayPal cash
CaddlePays cash back on purchases of everyday household items, watching video ads, and completing surveys

$1 sign-up bonus
50 cents to $10 per offer$20Cheque

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


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 $20 bonus when you sign up using our CASHBACK referral code and complete your first purchase of any amount.

Available: Canada only.

KOHO Prepaid Mastercard

Rewards: Earn 1% cash back on groceries and transportation, up to 5% unlimited cash back at partner stores in Canada. Get 5% interest on your entire balance. Users also get access to a free budgeting app, 0% APR cash advances and free credit score checks.

Welcome offer: $20 sign up bonus after first purchase (use CASHBACK promo code during sign-up)

Interest rate fee: N/A

Annual fee: $0*

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 5% cash back on everyday purchases.

Cash back payout: Rewards: Earn up to 5% cash back on purchases at thousands of partner stores. For your initial purchases at these stores, your cash back rate can be as high as 15%.

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.

Neo Money card

Rewards: Earn an average of 5% cash back at over 12,000 retail partners and a guaranteed minimum of 0.50% (up to $50 monthly); Earn 1% interest on your account balance.

Welcome offer: Earn up to 15% cash back on your first-time purchases.

Interest rate fee: 0%

Annual fee: $0 (no monthly fees)

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.



$30 sign-up bonus when you spend at least $30

Earn up to 40% cashback

Features 3,000 stores and retailers

Redeem earnings by PayPal & check

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.

Great Canadian Rebates

Great Canadian Rebates

Earn cash back on online purchases

Over 700 stores available

Similar to Rakuten

Redeem earnings via gift cards, PayPal, or direct deposit

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.



$5 welcome bonus

10+ different ways to make money

Low payout threshold from $3

Cash-out with PayPal, gift cards, etc.

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.



$1 sign-up bonus

Earn cash back on groceries

Cashback app powered by RBC

Redeem earnings via cheque

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.

Neo Credit card

Rewards: Average of 5% cash back at 12,000+ partners and a guaranteed minimum of 0.50% cash back across all purchases

Welcome offer: Get up to 15% cash back on your first-time purchases, plus a $25 welcome cash bonus.

Interest rates: 19.99% – 29.99% on purchases; 22.99% – 31.99% for cash advances.

Annual fee: $0

Tangerine Money-Back Credit Card

Rewards: Earn up to 2% unlimited cash back in up to 3 spending categories and 0.50% on all other purchases.

Welcome offer: Get an extra 10% cash back on up to $1,000 in spending in the first 2 months ($100 value); 1.95% balance transfer rate for 6 months.

Interest rates: 19.95% for purchases, balance transfers, and cash advances.

Annual fee: $0

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

What is the best cash back website in Canada?

For non-credit card purchases, my top choice is Neo Money. For online shopping, your best option is Rakuten.

What apps pay you for receipts?

Cash back sites that pay you to upload receipts are Caddle and Checkout 51.

Are Cash back websites legit?

The cash back sites listed here are legitimate and payout your earnings when you reach the minimum threshold.

Are cash back websites safe to use?

Yes, they are generally safe to use. You should take normal precautions by using a strong password. Also, check their privacy terms to learn about how your private information or data is used. For example, do they sell your data to third parties?

Top Money Saving Offers this month

Earn up to 6% unlimited cash back on purchases + free $20 Signup Offer

Free cashback card with up to 6% instant unlimited cash back on purchases.*

$20 welcome bonus when you open an account and make your first purchase.

Unlimited transaction chequing features with Interac e-Transfers and bill payments.

Get 5.00% savings interest on your balance and a free budgeting app.

Get affordable life insurance in minutes & save up to 20% on premiums!

Compare life insurance across Canada's best insurance companies.

Save up to 20% on costs & get $10,000 in free coverage per child.

Terms range from 10 to 30 years, and a 10% discount for couples in the first year.

30-day grace period if you miss a payment & you can cancel anytime.

Get paid to shop online using Rakuten with $30 cash bonus

Get a $30 cash bonus after your first purchase of $30 or more.

Earn cashback on purchases at over 750 popular brands and retailers.

Up to 35% cashback discounts are available daily.

Redeem cash rewards earned by PayPal, cheque, or Amazon gift cards.


Gravatar for Enoch Omololu, MSc (Econ)
Enoch Omololu, MSc (Econ)

Enoch Omololu, personal finance expert, author, and founder of Savvy New Canadians, has written about money matters for over 10 years. Enoch has an MSc (Econ) degree in Finance and Investment Management from the University of Aberdeen Business School and has completed the Canadian Securities Course. His expertise has been highlighted in major publications like Forbes, Globe and Mail, Business Insider, CBC News, Toronto Star, Financial Post, CTV News, TD Direct Investing, Canadian Securities Exchange, and many others. Enoch is passionate about helping others win with their finances and recently created a practical investing course for beginners. You can read his full author bio.

About Savvy New Canadians

Savvy New Canadians is one of Canada's top personal finance platforms. Millions of Canadians use our site each year to learn how to save for retirement, invest smartly, maximize rewards, and earn extra cash. We have been featured in prominent finance media, including Forbes, Globe and Mail, Business Insider, CBC, MSN, Wealthsimple, and TD Direct Investing. Learn more about Savvy New Canadians.

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2 thoughts on “Best Cash Back Websites in Canada: 11 Money-Saving Tools”

  1. Gravatar for Manish Shah

    Hi Enoch,
    Hope you’re enjoying your summer?
    Do you know any further details regarding the CIBC Costco MasterCard and have you heard of the website called adjustedcostbase.ca?

    • Gravatar for Enoch Omololu

      @Manish: Yes, thank you. Hope you are enjoying your summer, too? I have seen some talk about the new card, but haven’t yet looked into it closely. As for adjustedcostbase.ca, yes. I think it is great for tracking your capital gains, etc. I actually plan on using their paid plan in the future…heard good things about it.

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