Coast Capital has a new welcome offer for new personal banking members: you can earn up to 850 dollars by bundling chequing, savings, and a credit card.
This is the current “Switch your banking for a limited-time offer – up to 850 dollars in welcome bonuses” promotion.
Breakdown of the bonuses
For new personal members only (no personal account with Coast Capital in the last 5 years, on or after January 19, 2021).
Chequing bonus – up to 450 dollars cash
– Open an eligible chequing account (Free Chequing, Unlimited, or Elevate).
– Set up an eligible payroll or direct deposit within 60 days and keep the same payor direct deposit for 3 consecutive months (at least one deposit per month).
– Example bonus amounts:
– Free Chequing: 150 dollars bonus, 0 dollar monthly fee.
– Unlimited Chequing: 450 dollars bonus, 8.50 dollars per month or less (can be 0 dollar with age or balance, or 3.50 dollars with eligible direct deposit).
– Elevate Chequing: 450 dollars bonus, 16.95 dollars per month or less, reduced if you meet age, balance, or direct-deposit criteria.
High-Interest Savings Account bonus – up to 200 dollars cash
– Open a new non-registered high-interest savings account as a new member.
– Within 60 days, deposit at least 5,000 dollars to earn 100 dollars, or 10,000 dollars to earn 200 dollars, and maintain that daily balance for 90 consecutive days.
Credit card bonus – up to 200 dollars statement credit
– After becoming a member (chequing or savings), apply for a Coast Capital Mastercard issued by Collabria.
– Once approved, activate the card and spend at least 1,000 dollars in the first 90 days.
– Example bonuses:
– World Mastercard: 200 dollars statement credit, 120 dollars annual fee.
– Cash Back World Elite Mastercard: 200 dollars statement credit, 120 dollars annual fee.
– Classic, Centra Gold, or no-fee Cash Back cards: 100 dollars statement credit.
If you maximize all three pieces (for example 450 dollars chequing plus 200 dollars HISA plus 200 dollars credit card), you get the full 850 dollars.
Eligibility and timelines
– New personal members only, Canadian residents, age of majority; Quebec residents are not eligible.
– You must not have had a Coast Capital personal membership or account in the last 5 years (on or after January 19, 2021).
– Offer runs until March 31, 2026 (account opening and usage criteria must be met within the timelines in the terms and conditions).
Payout timing
– Chequing and HISA bonuses are typically paid 60 to 90 days after you complete the eligibility criteria.
– Example given: if you start in January 2026, bonuses may pay between June and August 2026; similar windows apply for February or March start.
– The credit card statement credit usually posts in the billing cycle after Collabria confirms you have met the spend requirement.
Fees, fine print, and gotchas
– Monthly fees depend on the chequing account and may be reduced or waived with age, minimum balance, or eligible direct deposit (especially for Unlimited and Elevate).
– Direct deposit must be an eligible payroll, pension, or certain government payment from the same payor for 3 consecutive months.
– One chequing bonus and one credit card bonus per new member; you cannot stack multiple chequing bonuses of the same type.
– Existing members do not qualify, but a genuinely new member on a joint account can get the bonus once if they individually meet the new-member criteria.
Statistics: Posted by halred — Jan 22nd, 2026 9:56 pm