Banking Sales and Promotions

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Hello and Welcome!

Here you can find all of the sales and promotions that are currently being offered by Canada’s largest banks! 

For more personal advice, we offer non-biased coaching sessions to help you achieve your financial dreams and goals! Information can be found here.

This information will be updated regularly and was last updated on June 13th, 2018. If you would like to add any promotions or sales, please comment below or message me at All promotions are subject to change and it’s important that you understand all terms and conditions before signing up to a financial product.

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CIBC’s Bank Sales

  • Receive $300 when you open a new CIBC Smart account and meet all conditions. Account must be open by June 30, 2018 and you must set-up either 1) a reoccurring direct deposit or 2) two monthly pre-authorized withdrawals within 3 months of opening the account. Full details can be found here!
  • Earn 2.5% on new TFSA deposits until July 31, 2018.
  • Earn 2.0% on a 1-year GIC, 2.5% on a 30 month GIC, and 3.00% on a 5-year GIC. The deposited amount must be over $1,000, and the promotion can end at anytime. 
  • The Visa Aventura Infinite and Aventura Gold card both have a conditional 20,000 points welcome bonus and have no fee during the first year for primary and secondary card holders. Available only to clients that do not have a CIBC credit card. The offer ends on June 30th, 2018. 
  • Receive up to 4% cash back on select items and no fee for the first year when you open a new Dividend Infinite card. As a bonus, receive 4% on all purchases within the first 4 statements. The offer ends on Feb. 28th, 2018. 
  • The “Cash Back Mortgage” pays up to 5% cash back on your mortgage amount for transfer-ins and new purchases. This offer applies to 5-year fixed-rate mortgages and a few other mortgage types (at cash back rates). It’s important to add that cash back mortgages often have higher interest rates and may be more expensive in the long run. This offer can end anytime and the max cash back is $50,000.
  • First-time homebuyers or individuals that transfer-in a Home Power Plan are eligible to receive either $500 or $750. Application must be submitted by June 30th, 2018 and fund within 120 days. Mortgage must have a term that’s 3 years or longer and must be over $100,000. A $500 cash payment will be made for mortgages that are $100,000 to $299,999 and $750 is paid for mortgages over $300,000.
  • New secured line of credits within a Home Power Plan receive a promotional rate of CIBC’s prime rate – currently 3.45% – Rates ends on November 18th, 2018

TD’s Bank Sales

  • Receive a 10,000-30,000 point bonus on select Aeroplan credit cards..
  • Currently mortgage promotions include a 6-year fixed mortgages are 3.77%, 3-year fixed are 3.49%, and 5-year variable rate at prime minus 1.05% – currently 2.55%.

Scotiabank’s Bank Sales

  • Receive a bonus 0.85% when you deposit new funds into a Momentum Savings account until June 29th, 2018. This is on-top of the regular interest rate.
  • Many credit card deals are available; including free movies, low introductory interest rates for the first six months, and no annual fee for the first year.
  • Currently mortgage promotions include a 3-year fixed are 4.04%, 5-year fixed open mortgages are 5.34%, and 5-year variable rate at 3.65%.
  • Receive up to $1,200 towards transfer costs when you transfer-in a mortgage. To qualify, mortgage must be over $100,000 and the new term must be closed and 3 years or longer. 
  • Other third party promotions include Turbotaxes and 12 months of free McAfee virus protection.

Bank of Montreal’s Bank Sales 

  • Receive $100 when you open a new qualifying account online by July 2nd, 2018. Several conditions must be met including making a deposit by July 2nd, 2018, setting up an automatic deposit August 2nd, 2018, and keeping the account open until August 2nd, 2019. Make sure that you review the conditions to confirm that you qualify. Full details can be found here.
  • Clients can take advantage of Planshare accounts that allow them to open as many as 20 accounts under their names for one monthly fee.
  • Receive up to $1,000 when you invest into a new BMO Smartfolio by September 4th, 2018. Receive $25 if you contribute $5,000; $250 when you contribute $50,000; Receive $500 when you contribute $100,000; $1,000 if you transfer $200,000 or more. Must use promo code “PROMO1000” Full details can be reviewed here
  • Various credit card offers exist that include conditional 4% cash back, 500-2,000 of free Air Miles points, and more. 
  • Current mortgage promotions include an interest rate of 3.29% for a five-year smart fixed rate mortgage and 3.60% for a 5-year variable mortgage. 

RBC’s Bank Sales

  • Receive an Apple IPad when you open an new qualifying account and meet the requirements by August 31,2018. Qualifying accounts include No Limits Banking and RBC VIP accounts. Must set-up either; 1) a regular payroll deposit or 2 pre-authorized withdrawals by November 30th, 2018. Conditions include not currently having a RBC personal chequing account and that the account must be open until at least September 27th, 2019. Full details should be reviewed and can be found here.
  • Receive 250 West Jet Dollars when you open a new West Jet credit card.
  • RBC is currently offering 15,000 welcome points on their Avion Platinum Visa card, and many other credit card offers.
  • Mortgage options include 2-year fixed at 3.34%, 5-year fixed at 3.74%, and 5-year variable at Prime + 0.8% – currently 2.67%.

Simplii’s Bank Sales

  • Regular savings account is offering 1.1%
  • Currently offering a 4-year fixed mortgage at 3.54, 3.34% on a 2-year mortgage, and currently 3.45% for a variable 5-year. 

Tangerine’s Bank Sales

  • Receive up to $50 bonus when a new client opens a new chequing with Tangerine by October 31, 2018.  i) Receive $25 if you have a minimum balance of $100 by Oct 31st, 2018 ii) Receive $25 when you set-up an automatic savings plan of at least $100 or more per month that lasts for over 6 months when you open your account. 
  • New clients receive an annual interest rate of 2.75% for 6 months (182 days) on all balances in savings, TFSA or RSPs accounts.

    Note: Great effort is taken to provide accurate and updated sales and promotions information, but these offers can be changed by the providing organization at any time. Therefore, we are not liable for any informational changes or errors.

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