In the world of personal finance, cashback apps are a game-changer for Canadian shoppers. They make it simple to earn cashback on your daily purchases, ranging from groceries to online shopping. If you’re not using cashback apps, you could be leaving hundreds of dollars in rewards on the table every year. Here’s a complete guide to the best cashback apps in Canada, their features, and how you can maximize your savings.
1. KOHO: Your Financial Companion
KOHO is more than just a cashback app—it’s a financial powerhouse offering a prepaid Mastercard and an array of money management tools.
Why Choose KOHO?
- Cashback Offers: Earn up to 5% cashback at select merchant partners.
- Money Management Tools: Budgeting features, free credit score tracking, and 0% APR cash advances.
- Fee-Free Transactions: No account fees, making it ideal for those who want hassle-free savings.
- Sign-Up Bonus: Get $10 free when you sign up.
Pro Tip: Upgrade to KOHO Premium for enhanced cashback rates and additional perks.
2. Rakuten (formerly Ebates): Online Shopping Rewards
Rakuten is a favorite among online shoppers, offering cashback at a wide range of retailers.
Why Choose Rakuten?
- Cashback Rewards: Earn 1% to 40% cashback at over 2,500 online stores, including Amazon and Expedia.
- Sign-Up Bonus: New users receive a $10 bonus for signing up.
- Quarterly Payouts: Get your cashback via PayPal or cheque.
- Browser Extension: Automatically activates cashback when you shop online.
Pro Tip: Use the browser extension to ensure you never miss a cashback opportunity.
3. Swagbucks: Earn in Multiple Ways
Swagbucks stands out by offering multiple ways to earn rewards beyond shopping.
Why Swagbucks is Unique
- Versatile Earning Options: Earn points (SB) by shopping, taking surveys, watching videos, and playing games.
- Redeemable Rewards: Convert points to gift cards or PayPal cash (starting at $25).
- Sign-Up Bonus: Get 250 SB as a welcome reward.
Pro Tip: Use Swagbucks during holiday shopping for extra cashback on gift cards and popular items.
4. Caddle: Grocery Savings and Surveys
Caddle is perfect for grocery shoppers who want cashback and additional earning opportunities.
How Caddle Works
- Cashback on Groceries: Upload receipts to earn cashback on eligible purchases.
- Survey Rewards: Earn extra cash by completing short surveys or watching ads.
- Easy Payouts: Request a cheque once your balance hits $20.
Pro Tip: Combine Caddle with other grocery apps to double your savings on the same items.
5. Checkout 51: Weekly Grocery Cashback
Checkout 51 simplifies grocery shopping by offering weekly deals on essential items.
Why Choose Checkout 51?
- Simple Process: Browse deals, shop, and upload receipts to earn cashback.
- Payout Threshold: Cash out once you’ve earned $20.
- Updated Weekly: New offers are added every Thursday.
Pro Tip: Plan your shopping around Checkout 51’s weekly deals to maximize rewards.
6. Flipp: Your Digital Coupon Organizer
Flipp consolidates weekly flyers and coupons in one place, making it easy to save on groceries and other purchases.
How Flipp Helps You Save
- Price Matching: Use sales flyers to price match at checkout for additional savings.
- Customizable Shopping Lists: Organize your grocery list and find discounts simultaneously.
- Sale Alerts: Get notified when your favorite products go on sale.
Pro Tip: Pair Flipp with loyalty programs like PC Optimum for even greater savings.
7. PC Optimum: Rewards for Groceries and Gas
PC Optimum is a loyalty program designed for shoppers at Loblaws-owned stores and Esso gas stations.
Why Use PC Optimum?
- Curated Offers: Receive deals tailored to your shopping habits.
- Redeemable Points: Use points for groceries, pharmacy items, and more.
- Convenient App: Track your points and find exclusive promotions.
Pro Tip: Use a PC Financial Mastercard to earn additional points on all purchases.
8. Flashfood: Discounts and Sustainability
Flashfood helps shoppers save money on groceries while reducing food waste.
How Flashfood Works
- Big Discounts: Save up to 50% on near-expired grocery items.
- Eco-Friendly: Reduce food waste by purchasing discounted items.
- Easy to Use: Shop through the app and pick up at participating grocery stores.
Pro Tip: Check the app frequently, as popular deals sell out quickly.
9. Paymi: Hands-Free Cashback
Paymi is an effortless cashback app that works automatically with your credit or debit card.
Why Choose Paymi?
- Automatic Tracking: Cashback is credited directly to your Paymi account for eligible purchases.
- Direct Bank Withdrawals: Transfer your rewards to your bank account.
- Wide Range of Retailers: Earn cashback at many stores across Canada.
Pro Tip: Stack Paymi with a cashback credit card for maximum savings.
10. Eclipsa: Quick Receipt Rewards
Eclipsa provides cashback on purchases by simply uploading your receipts.
Why Eclipsa Stands Out
- Easy Navigation: Browse deals effortlessly and track rewards in real-time.
- Higher Cashback Rates: Often offers better rates than similar apps.
- Flexible Redemption: Redeem your rewards for gift cards or cash.
Pro Tip: Regularly check Eclipsa for updated deals to maximize your cashback earnings.
How to Maximize Your Cashback Earnings
- Use Multiple Apps: Combine different cashback apps for the same purchase.
- Plan Your Shopping: Check deals on your apps before heading to the store.
- Watch Expiry Dates: Make sure to redeem rewards before they expire.
- Pair with Credit Cards: Use cashback or rewards credit cards alongside these apps for additional savings.
Conclusion
Cashback apps are an essential tool for Canadians looking to save money on everyday expenses. Whether you’re grocery shopping, buying gas, or browsing online, these apps make it easy to earn rewards on your spending. Start using these cashback apps today and enjoy more value from your purchases!
FAQs
What is the best cashback app in Canada?
The best app depends on your shopping habits. KOHO, Rakuten, and PC Optimum are versatile options for general cashback.
Can I use multiple cashback apps simultaneously?
Yes! Stacking apps can help you earn cashback on the same purchase.
Are cashback apps free to use?
Most cashback apps are free, though some offer paid premium features for additional benefits.
How do cashback apps work?
They reward you for shopping, uploading receipts, or completing tasks like surveys.
Do cashback apps have minimum payout thresholds?
Yes, most apps require a minimum balance (e.g., $20) to redeem rewards.
Can I earn cashback on online purchases?
Absolutely! Apps like Rakuten specialize in online shopping cashback.
