Canadian Referral Codes 2026
Every verified referral bonus for Canadians in one place — investing, banking, credit cards, telecom, and cashback. Updated monthly.
11 programs
verified referral bonuses
$655+ available
total value if you stack all
Updated May 2026
codes verified this month
Investing
2 programsBanking
3 programsNo-fee chequing account backed by CIBC. CDIC insured.
$400 CAD
$100/mo direct deposit × 3
High-interest savings with no monthly fees. CDIC insured.
$20 CAD
$100 deposit
Free online banking from Scotiabank. Savings, chequing & GICs.
$50 CAD
$100 deposit
Credit & Cashback
1 programTelecom & Internet
2 programsShopping & Cashback
1 programFee-free first transfer (up to $600 CAD in fees waived). No code — referral link only.
Fee-Free
$200 CAD min. transfer
Earn cash back at 750+ Canadian stores. No code needed at checkout.
$30 CAD
$30 qualifying purchase
Dog boarding, walking & sitting. $20 off first booking for new customers.
$20 off
First booking
Which Bonus Is Right For You?
Common questions
Referral Code FAQ
What is the best Canadian referral code right now?
For investing, Wealthsimple's referral code gives $25 CAD with just a $100 deposit. For telecom, EBOX saves $25 on your first internet month and Public Mobile gives $10 off your first prepaid plan — both with no deposit required. For banking, Tangerine and Simplii each offer $50 CAD with a $100 deposit. All active codes are verified monthly by WealthPerks.
Are these referral codes verified?
Yes. Every code listed on WealthPerks is tested directly on the platform by our editorial team before publishing. We update the 'last verified' date each month and flag any inactive or expired codes immediately.
Can I use multiple referral codes?
Each platform only accepts one referral code per new account. However, you can sign up for multiple platforms and use a different referral code on each — stacking bonuses across Wealthsimple, Questrade, Tangerine, Rakuten, and more is completely legitimate.
Do referral bonuses affect my taxes in Canada?
Generally yes. The CRA may treat cash referral bonuses as miscellaneous income. Cashback rewards (like Rakuten) and bill credits (like Fizz or Public Mobile) are treated differently. Consult a tax professional for your specific situation.
What are the best referral codes for Canadians on a budget?
For the highest combined value with low minimums: Wealthsimple ($25 CAD, $100 deposit), Public Mobile ($10 off first phone plan, no deposit), EBOX ($25 off first internet month, no deposit), and Rakuten ($30 cashback, no deposit). Stacking all four nets over $90 in value with under $100 in total qualifying spend.
Which referral code gives the biggest bonus in Canada?
Among currently active codes, Simplii Financial offers $400 CAD for banking accounts with a $100/month direct deposit requirement. Questrade offers $50 in free trades for investing. For zero-deposit offers, EBOX saves you $25 on your first internet month and Public Mobile gives $10 off your first prepaid plan — no minimum balance required.
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WealthPerks earns a referral fee when you open an account via our links. This never affects the bonus you receive or our editorial ratings. Affiliate disclosure.