The best cashback apps in Canada

Why use cashback apps?

Accumulating reward points can be time-consuming and complex. From understanding rewards programs to converting and using points.

With this in mind, cashback apps are proving simpler and more flexible for many of you. With these mobile applications, you receive your rewards directly, often in the form of cash (cheques, bank transfers, etc.) or gift cards.

Although rewards points are generally considered more advantageous, they are also more complex. Cash rebates are therefore more accessible.

How do cashback apps work?

Cashback apps work in partnership with retailers and businesses. When you make a purchase from a partner retailer, the app awards you cash back, which is usually paid into your bank account or credit card. In other cases, cashback is earned in the form of a gift card. The amount can be released immediately or at a threshold (for example, when you’ve accumulated $25 in rewards).

What types of cashback are available?

There are various types of cash back, including :

• In Percentage: this discount is calculated as a percentage of the amount of your purchase. For example, if you earn 5% cash back on a $100 purchase, you’ll receive $5.
• In fixed money: this discount is a fixed amount, regardless of the amount of your purchase. For example, if you earn a fixed $5 cash back on a $100 purchase, you will always receive $5.
• In points: these points can be exchanged for products, services or cash.

How much money can you save with cashback apps?

The amount of money you can save with cashback apps will depend on several factors, including:

• The amount you spend: the more you spend, the more you can save.
• Cash back offered by applications: some applications offer greater cash back than others.
• Retail partners: if you often store at retail partners, you can earn more cash back.

The best cashback apps in Canada

Cashback apps have become essential tools for savvy consumers, especially in Canada. Every dollar you save can make a difference to your finances.

These apps can help you save money in significant ways: at the grocery store, online or in stores. That’s why we’ve grouped these mobile apps together in this article to help you save on future purchases.

Applications for saving money at the grocery store

Did you know that many cashback apps offer opportunities to save on your grocery purchases? In most cases, all you have to do is upload your receipts or purchase specific products.

One of the most useful free applications is Caddle. With this application, you earn cash back on your purchases of certain items, including groceries, when you upload your receipts. The same goes for Checkout 51, with which you save money with discount coupons and earn cash back when you upload your purchase receipts.

Other popular applications in this category include :

Other tips for saving money at the grocery store

Of course, the cashback applications are in addition to the mobile apps for major loyalty programs such as Moi, PC Optimum and Scene+.

And don’t forget to use our gift card trick whenever possible.

Finally, we compared grocery prices and the most popular reward programs. In fact, here are our top tips for saving money at the grocery store:

Applications for saving money in store

When it comes to in-store purchases, there are also savings to be made. It would be a shame not to take advantage of them, wouldn’t it? Note that some of the cashback apps mentioned below work for online purchases as well as in-store purchases.

Of all the cashback apps listed below, have you heard of Paymi? CIBC is a partner, so your eligible CIBC debit and credit cards will automatically be connected to your Paymi account. The application allows you to take advantage of discounts with several retail partners, including : Apple, Choice Hotels, Best Buy, Skip, Decathlon, Simons and Reitmans.

Other popular applications in this category include :

Applications for saving money online

For your online purchases, be sure to check out these different cashback apps. Some of them offer quite generous cash rebates. While others offer discount coupons, special offers or cash rewards when you complete paid surveys.

For example, Rakuten is one of Canada’s top-rated and most popular cash-back applications. It offers a wide selection of retail partners, including Walmart and Amazon. In addition to cash back, you can save money with discount coupons and promotional codes on Rakuten.ca.

Other popular applications in this category include :

In addition to cashback apps, check out the following articles and websites to save even more.

Cash Back credit cards

In addition to using cashback apps, you can earn even more cash back by using certain credit cards. Here are our favorite cards:

To see all cash back credit cards :

Bottom Line

In short, cashback apps are a simple and effective way to save money on your purchases. What’s more, you can save even more when you combine them with credit cards and rewards points. The most popular are Caddle for grocery purchases, Paymi for in-store purchases and Rakuten for online purchases. But there are many others.

Of course, each application has its advantages and disadvantages. So choose the ones that suit your needs and consumption habits.

With these tools, you can easily reduce your running costs.

Do you like to travel? We’ve also put together a list of the best apps for planning your trips:

Frequently asked questions about cashback apps