Money saving apps and cash back apps make it easy for you to pinch your pennies. They offer a range of tools to take the hard work out of setting savings goals, managing your spending and putting money aside. So if you find the right money saving or cash back app for your needs, you can grow a bigger bank balance with minimal effort. In this guide, we’ll take a closer look at 28 of the best money saving apps and cash back apps Canada has so you can decide which ones to download.
The EQ Bank Personal Account is a hybrid chequing and high-interest savings account. It combines the everyday functionality of a chequing account with the benefits of a high-interest savings account, all without monthly fees. Earn 1.25% interest on every dollar, or set up direct deposit of your pay to boost your interest rate to 3.5%.
Neo Financial offers a chequing account with easy, unlimited access to your funds, along with cash back perks on spending. With the Neo Everyday Account, you can earn 2% cash back on gas and groceries and 0.5% on other purchases (when you have $3,000 in your Everyday account). There’s no limit on the cash back you can earn and no monthly fees to worry about. Even better, managing your account is a breeze with the Neo Financial app.
KOHO, a loan fintech and savings app, offers a range of accounts that come with a linked reloadable prepaid Mastercard. Depending on the account you choose, you can earn up to 2% cash back on groceries, transportation, eating and drinking purchases plus 0.5% cash back on all other spending. There are three account options with monthly plan fees costing from $0 to $22. You can earn between 2.5% and 4% interest on your balance, too, and you get a virtual and a physical card to pay for all your purchases.
GeniusCash is a Canadian cashback rewards app that lets users earn money by connecting their credit cards, completing educational “quests” and leveling up. GeniusCash tracks your spending and rewards you with 0.1% to 1% cashback on eligible purchases. Once you’ve accumulated enough cash, you can withdraw it directly to your bank or PayPal account.
BeFrugal offers users up to 40% cash back when shopping at over 5,000 online stores, like Amazon and The Home Depot. Use the BeFrugal site, app or browser extension to shop and withdraw your earnings via PayPal, Interac e-transfer or gift card with no minimum balance necessary. And, if you find a higher cash-back rate elsewhere, BeFrugal will match it 125%.
Ampli is a cash back app from Avion Rewards, and it’s worth checking out if you’re searching for apps to make money in Canada. You earn up to 40% cash back when you shop at over 2,400 retailers, including brands like WestJet, Sephora, Adidas and Boston Pizza. Your rewards are added to your account within five business days. Once your balance reaches $15, it’s quick and easy to cash out via Interac e-transfer.
Swagbucks rewards you with points when you shop online, complete surveys, browse the web and take advantage of shopping deals. You can then redeem those points for cash back from PayPal or for gift cards at retailers like Walmart and Amazon. The app has decent user ratings and has been downloaded millions of times, so it’s among the best cash back apps Canada has to offer.
Rakuten, formerly known as Ebates, is a popular cash back app, website and browser extension. It’s quick and easy to sign up, and you can then get cash back when you shop at over 3,500 stores. You can cash out via cheque or PayPal. You can also access coupons through the app to help you save even more money, which is why this is one of the best shopping apps in Canada.
PayPal Honey is a mobile app and browser extension that can help you find coupons on over 30,000 online shopping sites in Canada and around the world. Simply do your online shopping, and Honey finds the coupon code with the biggest savings and automatically applies it to your cart. It takes the hard work out of hunting for promo codes, so it’s easy to see why this is one of the best money saving apps.
Drop is a free rewards app where you can earn Drop Points when you shop at a host of major brands. After you download the app, link your debit or credit card and start shopping. You can cash in your points for gift cards and other rewards, plus take advantage of special offers to earn extra points.
Next on our list of the best money saving apps and cashback apps Canada has is Paymi, which aims to make cash back rewards easy. You can earn cash back rewards in-store and online when you make everyday purchases at partner retailers, plus access special offers and discounts. Track your earnings through the app and withdraw your cash whenever you want via Interac e-transfer.
The Save.ca app helps you find and compare the best shopping offers and discounts near you. You can check out the latest deals, plus enjoy extra savings with coupons. You can also put together a shopping list to make sure you fill your cart with all the essentials you need. Finally, you can keep all your loyalty cards in the app, ensuring you can earn maximum rewards on every shop.
Mr. Rebates is another of the best cash back apps Canada has. This free money saving app connects you with cashback rewards at over 3,000 stores. It makes it easy to search for deals and special offers, plus access coupons for additional savings. When you’re ready to cash out, you can do so via cheque, PayPal or Amazon gift card as long as you have at least $10 in available rebates.
If you like trying new products and earning cash back rebates, Shopper Army is the perfect platform for you. After signing up, you can apply for “missions” — opportunities to test full-sized products or complete tasks. If selected, you’ll receive the product (either shipped or via rebate). Then, you’ll have to write a review or share the product on social media to receive rewards, which can include cash back or gift cards.
If you’re searching for a round-up app like Acorns to help you save without lifting a finger, check out Moka. Whenever you make a purchase, Moka rounds up the amount to the nearest dollar. The change is then invested in an ETF portfolio chosen based on your risk tolerance and financial goals. It’s easy to use and you might be surprised just how quickly the rounding-up strategy will help your investment balance grow. If you’re wondering how to save money and don’t know where to start, Moka is well worth a look. It’s one of the easiest money apps in Canada to get started with, especially for beginner investors.
With the rising cost of living, paying for essential purchases like gas is becoming increasingly expensive. That’s where a money saving app like GasBuddy can help. This app helps you track down cheap gas prices, saving you the hassle of driving around searching for the best price. It’s easy to search for the type of fuel you want, while in-app driving analysis can provide tips on how to be a more fuel-efficient driver.
Rising prices have seen the cost of a weekly grocery shop skyrocket in recent times, so a money savings app like Caddle makes a handy addition to any smartphone. This free app lets you earn cash back on your everyday purchases. You can also get rewarded for answering surveys, watching ads and writing reviews. Once your cash back balance reaches $20, you can request an Interac e-transfer and be rewarded for your spending.
Checkout 51 is one of the best shopping apps in Canada. Promising to offer savings on the brands you love, Checkout 51 offers cash back on gas (United States members only) and groceries. Simply download the app and view the latest offers, with cash back available when you buy specific products. You then upload photos of your receipts to provide proof of purchase, and the cash back is paid into your account. And when your balance reaches $20, you can cash out and receive a cheque at any time.
FlashFood is a money saving app that offers easy access to discounts on meat, fruit, vegetables and other fresh food items that are nearing their expiration date. Simply open the app to browse deals available at grocery stores near you, with discounts of up to 50%. Choose a deal, pay for it in the app, then head to the store to pick up your order. Not only do you get to save money, but you also stop fresh food from going to waste.
MyPoints is a rewards app that lets you earn points you can redeem for gift cards. You earn points when you buy groceries and shop online, plus are rewarded for completing surveys and playing games. The app also offers access to sales, coupons and promo codes at thousands of retailers. You can then redeem your points for gift cards at retailers like eBay, Walmart and many more.
Great Canadian Rebates is a cash-back website and app that gives you access to discounts and cash-back offers from hundreds of merchants. It’s easy to browse the latest coupons and offers in the app, then make your purchases and get cash back paid directly into your account. You need to maintain a minimum balance of $10 for over 58 days to receive an e-gift card when you cash out, or $12 to receive a direct deposit or PayPal payment.
RebatesMe is another great money saving app for grocery shopping. It provides easy access to up to 40% cash back when you shop online at over 4,000 partner stores. You can use the app to browse the latest deals and check out exclusive offers for new members, then shop for a host of great bargains. When you reach $10 in earnings, you can cash out via PayPal, Visa, Mastercard or gift card.
Formerly known as ReeBee, Flipp lets you save money when you shop at over 2,000 stores. Its online shopping app brings you the latest deals and coupons from retailers near you. Shop across categories including groceries, home & garden, pharmacy and more. You can also add your loyalty cards directly to the app and sync shopping lists across your devices, making it even easier to save money on your everyday purchases.
PC Optimum is a customer loyalty program that offers rewards tailored to your shopping needs. It lets you earn points when you buy food and make other regular purchases, and it has partnerships with stores like Shoppers Drug Mart and Pharmaprix, as well as Esso and Mobil gas stations. You can also access personalized offers through the app, ensuring you’re rewarded for the type of spending you want to do.
For even more ways to earn, you can link a PC Money Account — a no-fee online banking account that gives you PC Optimum points for everyday purchases — or apply for one of two PC Financial Mastercards. These credit cards let you earn accelerated points when you shop at participating stores, making it easier to collect rewards faster.
TopCashBack is a money saving app that offers cash back on your everyday spending. You earn cash back when you shop at thousands of retailers, including Best Buy, Walmart Canada and Staples Canada. Transfer your cash back to your bank or PayPal account, or redeem it for a gift card. The app is easy to use and highly rated by users, so it’s one of the best shopping apps in Canada.
Agoda is well known for its accommodation, flights and travel deals. But did you know that you can also find deals on the Agoda mobile app that aren’t listed on the website? Savings of up to 80% are available from a host of special deals. You can also search flights from over 200 airlines and find accommodation options at more than two million venues worldwide. That’s why it’s one of the best apps to save money on travel.
Hopper is a mobile travel app where you can find exclusive deals on popular hotels. This free app has special offers on flights, hotels, rental cars and more, and it’s easy to browse the latest offers from your phone. Every time you book, you can also earn Carrot Cash with Hopper’s rewards and discounts program, helping you save even more money on your travel expenses.
If you’re having trouble keeping track of all the different rewards programs you’re a member of, AwardWallet can help. This handy app lets you keep track of all your frequent flyer miles, dining rewards, hotel loyalty points and more, all in one place. It supports over 660 loyalty programs in total, while extra features like credit card spending analysis and management of your travel reservations are an added bonus.
Here are some tips to help you save even more with some of the best cashback apps Canada has:
There are lots of good reasons why you should use a money saving or cash back app to make your money go further:
The best money saving apps are easy to use, offering user-friendly interfaces to help streamline your spending and saving. To get started, head to the app store for your phone, search for the app you want, download and install it.
The next step is to create an account by providing some personal information. Depending on the app, you may also need to link it to your debit/credit card or bank account.
Then you can start spending and saving while you let the money saving app do its thing, which could be:
Money can’t buy you happiness, but it can sure make a lot of things a whole lot easier. As the cost of living continues to rise, anything you can do to make every dollar stretch that little bit further can make a big difference.
It means you’ll have more money in your pocket to pay for the things you and your family need, as well as the things you want — like that tropical vacation you’ve been dreaming of.
Whether you’re saving money on your weekly grocery shop, managing your budget to cut back on unnecessary expenses or saving for a specific financial goal, even simple changes can provide a big boost to your bottom line. money saving apps are an extremely useful way to help you take control of your finances, and if you pair the right app with a savings account that pays a competitive rate of interest, you can sit back and watch your balance grow.
money saving apps come in a variety of styles. Some invest your spare change, some offer cash back on purchases, and some provide easy access to coupons, promo codes and discounts. The best money saving app for you depends on your financial goals and how you spend your money. Compare a range of apps and start your savings journey today.
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