The Bremo Bonus Index
A single, honest number for the total value of Canadian bank and fintech welcome bonuses currently available. Built only from offers Bremo actively tracks, with every figure and the full method shown below.
Updated July 2026The Bremo Bonus Index adds up the maximum advertised welcome bonus for every Canadian bank and fintech offer on the Bremo all bonuses page that carries a concrete dollar figure. It is a measure of the total opportunity in the market, not a promise that any one person qualifies for every offer at once. Each figure below is the exact amount shown on that offer's card.
| Provider | Offer | Category | Max advertised bonus |
|---|---|---|---|
| CIBC | Smart Account welcome package | Bank | $950 |
| Scotiabank | Chequing bundle bonus | Bank | $700 |
| BMO | Chequing welcome bonus | Bank | $500 |
| Simplii Financial | No Fee Chequing welcome bonus | Bank | $500 |
| RBC | Signature No Limit plus Apple Watch offer | Bank | $450 |
| TD | Chequing account bonus | Bank | $400 |
| goPeer | Regulated P2P lending sign-up | Fintech | $200 |
| KOHO | No-fee account, 3 months free | Fintech | $100 |
| Questrade | Free trades on sign-up | Investing | $100 |
| Neo Financial | Cash bonus | Fintech | $25 |
| Wealthsimple | Cash on first deposit | Fintech | $25 |
| Bremo Bonus Index (July 2026) | $3,950 | ||
Method
The index is the sum of the maximum advertised welcome bonus for each tracked Canadian offer that carries a fixed dollar figure. We include cash welcome bonuses, sign-up credits, and points offers with a clear dollar value.
We exclude rate-only promotions (for example a promotional savings rate) and plans priced only as a recurring monthly discount, because they have no single fixed bonus figure. Bonuses shown as "up to" reflect the provider's maximum advertised amount and usually require conditions such as direct deposit. Always verify current terms with the provider.
Why this number matters
Canadian banks and fintechs compete hard for new-account holders, and the combined value of their welcome offers is larger than most people realise. Tracking it in one place, with a dated figure and a transparent method, makes it easy to see when the market gets more or less generous over time. Bremo recalculates the index whenever a tracked offer changes and refreshes the headline figure monthly.
How to use the index
- Treat it as a ceiling on the market, not a personal target. Eligibility rules, one-per-customer limits, and clawback windows mean no single person collects everything.
- Stack selectively. Many Canadians open two or three accounts a year and claim a few hundred dollars in bonuses without much effort. See the bonus stacking strategy.
- Check the live offers before applying. The all bonuses page is updated as offers change.
Bremo is a free Canadian money guide, not a financial institution, and does not guarantee any bonus payout. Bremo earns a referral commission from some of the products it links to, at no cost to you, and discloses every partnership. Offers vary by province and eligibility and can change without notice. Figures reflect the maximum advertised amounts tracked on 4 July 2026. Learn more about Bremo.