Canada’s best ‘no fee, more rewards’ cashback apps

They say nothing in life is free right? Well, we’ve carefully selected Canada’s top no-fee cashback apps and cards, that earn you rewards on your everyday spending. There’s no need to change your usual spending habits, but there’s a little extra reward you’re missing out on that could help you earn money, treat yourself or even help save the planet.

KOHO

Earning 0.5% cashback on every purchase you make and boasting up to a whopping 10% cashback if shopping with their well-known brand partners, KOHO really means business with their rewards program. With a free KOHO account, you can not only earn and spend rewards, but they offer 1.2% interest on your savings and your spending account which means you’re earning cash without changing your normal spending habits. Sign up to KOHO for free and they’ll even give you a $20 bonus. Maybe there is such a thing as a free lunch.

Coinmiles

Interested in owning cryptocurrency but don’t know where to start? Coinmiles is your answer. By spending at your usual everyday brands in-store and online, you can collect cashback in the form of Bitcoin. Cryptocurrency made easy, Coinmiles takes the hassle out of understanding how to set up a wallet. It’s simple, you buy products and services through their app and Bitcoin cashback is rewarded to you automatically. You are then free to spend or save Bitcoin, or even connect your current credit card to the app and earn Bitcoin by spending with their partners.

Mogo

If you wish your financial company cared as much about reducing interest charges as they do about reducing the carbon footprint, then look no further than BC based Mogo. For every purchase made with a MogoCard, they will plant a tree. There is no other cashback reward scheme available that simultaneously keeps your finances and the planet healthy. With great savings plans and credit-watch, users reported saving an average of $201/month.

Neo

If you’re looking for everything your usual bank offers, but without all of the hassles and fees, then Neo’s 100% digital approach is the program for you. Offering on average between 4-6% cashback with their global partners, Neo allows you to save, spend or cash out your rewards anywhere, at any time. Complete with all the usual banking activities such as paying bills, checking your statements or sending Interac e-Transfers®, Neo gives you everything a traditional bank has, with the added extra of earning lucrative cashback rewards.