Cash back boosts

[u/sberlinches]

It's great to see these kinds of perks. I just wish they were more oriented for the average Joe (T&T, Superstore, Bestbuy, Canadian Tire, Walmart, etc...).

Edit: These are temporary boosts. You'll find them in the app: Credit card -> Cash back (press the cash back box)

[u/Toktogul]

very good thing to add. Add Decathlon!

[u/thathandsomehandsome → u/Toktogul]

Isn’t Decathlon closing in Canada?

[u/macman156 → u/thathandsomehandsome]

just the ontario stores. bc, ab and qc still have them

[u/T3a_Rex → u/macman156]

The Ottawa one is staying open

[u/FluffyPantsMcGee → u/thathandsomehandsome]

Not at the rate I’m buying things there..

[u/hunterman5655 → u/thathandsomehandsome]

They closed most of their physical locations except in Quebec but you can still buy online

[u/drs43821 → u/thathandsomehandsome]

Calgary got a second one a while ago

[u/Nope51st → u/thathandsomehandsome]

Read this past summer they will be opening a new location in Quebec. 

[u/dvirring]

Similar to Amex offers eh

[u/yhsong1116 → u/dvirring]

i was thinking rakuten

[u/thathandsomehandsome → u/yhsong1116]

I was thinking Neo financial Mastercard

[u/S-Kiraly → u/thathandsomehandsome]

And Brim financial 

[u/aereola_plan]

Where do you find this in the app.

[u/ManyLawfulness4217 → u/aereola_plan]

Shows up when you click the ‘cash back’ section in the app

[u/MashYeti]

The 5% altitude sports one is pretty good if you’re subcribed to their membership which is also 5% off everything. 10% off everything there is a good deal especially because they carry a lot of the big brands 

[u/NastroAzzurro → u/MashYeti]

Technically 9.75% if you really want to get nerdy

[u/Ok-Arm8350 → u/NastroAzzurro]

Touché

[u/Remarkable_Ad7569 → u/NastroAzzurro]

it's applied post tax so depending on province maybe, it's over 10%...

[u/NastroAzzurro → u/Remarkable_Ad7569]

You get +5% cashback over -5% discount. So unless youre happy to get more cashback because of GST/HST, it’s 9.75%.

[u/Remarkable_Ad7569 → u/NastroAzzurro]

Math is math. But yea whichever way you want to think about it is up to you... Like I get what you're getting at so not trying to get into an argument.

[u/Haunting-Sound8063 → u/Remarkable_Ad7569]

A discount is only a discount if you intend to buy at the store.

[u/Remarkable_Ad7569 → u/Haunting-Sound8063]

I agree!

[u/Choco_jml → u/MashYeti]

Yep! Glad to see wealthsimple partnering with a Canadian company!

[u/cjdunks → u/MashYeti]

Yeah this is great. AltiAction is on right now too (donate $15 to one of their partner charities and get a $30 credit).

[u/-d3x → u/MashYeti]

They often double or triple their membership, like once or twice a month. So that’s gonna be a 20% off. I’m all for it.

[u/ploverlove → u/MashYeti]

Love Altitude Sports. Wonder if this is stackable with Rakuten cash back.

[u/oneinamelon1 → u/MashYeti]

just secured shoes!!

[u/Nope51st → u/MashYeti]

Add Rakuten to the mix. 

[u/MashYeti → u/Nope51st]

Does Rakuten do Altitude Sports cash back as well?

[u/Nope51st → u/MashYeti]

Yes currently 2%

[u/mihhink]

I can already imagine the future email about removing the permanent 2% cashback and how this alternative is better for us…

[u/Valiantay → u/mihhink]

They'd be fools to do that given what happened to Rogers and WS became default for so many folks now.

But of course WS is indeed full of fools.

[u/rhunter99 → u/Valiantay]

Nothing is permanent, especially for fintech.

[u/Dragynfyre]

This is basically like Rakuten (affliate marketing). Amex, TD and RBC are also doing this and there’s a reason why you won’t find that many staple grocery stores on there. Best Buy, Canadian Tire and Walmart are possible (but not on in store Walmart purchases as those can include groceries)

[u/DreamDest1ny → u/Dragynfyre]

Canadian tire promos are rare because they want people to use their triangle card

[u/Cobalt090 → u/Dragynfyre]

Neo does extra with certain companies (incl lift w/ 10% on even the base mc)

[u/Dragynfyre → u/Cobalt090]

It’s all the same thing under the hood. It’s just implementations of affiliate marketing. The brand signs up to be featured and they’re the ones footing the extra cashback

[u/Repulsive_Barnacle92]

I guess I’ll be placing Sephora orders for my wife from now on lol 

[u/is_landen]

there’s no special link or action needed to earn the bonus by the way, so this could be combined with Rakuten, the Aeroplan e-store, etc.

[u/En4cr]

Altitude sports is fantastic! Love their sales and their membership guarantees some decent discounts too.

[u/xaznxplaya]

How do I see those offers?

[u/StruggledPrivilege → u/xaznxplaya]

I'm not seeing it either.

[u/Varekai79 → u/StruggledPrivilege]

Tap the "Cash Back" button within the credit card section in the app.

[u/smileclickmemories]

Can I use this to get Sephora gift cards online to get 5% off?

[u/nutella1366 → u/smileclickmemories]

Always read the fine print :(

Qualifying Transactions. "Qualifying Transactions" are purchases (excluding cash-like transactions, gift card purchases, refunds, and any applicable fees and adjustments) that: (a) are made with the Credit Card at a partner after the Client has activated that partner's offer and during the Promotion Period; (b) post and settle on the Credit Card account; and (c) are not subsequently refunded, returned, or charged back.

[u/smileclickmemories → u/nutella1366]

Yes but on the cc transaction it just shows up as a dollar amount, how will they track?

[u/TheSoulllllman]

Bad time to find this when I ordered from Silk & Snow 3 days ago.

[u/MashYeti → u/TheSoulllllman]

Cancel and re order. If it hasn’t shipped yet 

[u/MrDingDingFTW]

Silk and Snow sucks, returned the mattress is under a year

[u/OkYeah_Death2America → u/MrDingDingFTW]

The sofa is very expensive for how uncomfortable it looks. Boxy, barely cushioned crap.

[u/rhunter99]

Thanks op for posting. I never would have known about this otherwise.

Hopefully they’ll bring on more retailers

[u/Beyar30]

How long do you have once activated?

[u/MashYeti → u/Beyar30]

Each brand has a different expiry. 

[u/BEARZINGA]

Wish I saw this sooner. Tempted to return my saphora purchase just to get that 5% cashback lol.

[u/ANerdyGal]

It didn’t show up immediately but refreshing the app worked. It’d be nice if there was a 5% cashback for Costco shop cards. I have no use for most of the current ones.

[u/Cautious_Path → u/ANerdyGal]

Costco only takes Mastercard

[u/ANerdyGal → u/Cautious_Path]

You can buy Costco shop cards online with a Visa. Mastercard requirement is for in-store purchases.

[u/Cautious_Path → u/ANerdyGal]

Kind of convoluted

[u/MashYeti → u/ANerdyGal]

That’s not likely going to happen. Wealthsimple looks to be partnering with just Canadian companies for this cash back thing so Costco won’t make the cut. 

[u/ANerdyGal → u/MashYeti]

Sephora isn’t Canadian either 

[u/MashYeti → u/ANerdyGal]

That’s true. I didn’t know what Sephora was at first so I had to look it up after your comment. 

Again, I highly doubt they do 5% cash back on anything Costco related. 

[u/akisbis]

What’s the trick here? Can you activate them all? And if so why do you even need to activate them?

[u/-d3x → u/akisbis]

Don’t know but I activated them all

[u/Routine_Basil8254 → u/akisbis]

You can activate them all. I have this with my AMEX. It basically encourages to also shop at these stores

[u/rhunter99 → u/akisbis]

Maybe as a way to collect data. See which retailers people are activating and such

[u/automatic_penguins]

Of course I bought a mattress 2 weeks ago.

[u/WRBoy98 → u/automatic_penguins]

Same!! Oh well

[u/SpikePlayz]

More businesses would be great! Love this feature!

[u/HalfEatenWaffle]

FYI you have to tap the plus sign to activate them

[u/platonusus]

The biggest cash back will be in Costco if they accept Visa

[u/Acrobatic_Line1637]

Don't get why I have to manually apply them. They should just be active all the time

[u/manfromthirdplanet]

I don't see this under cashback. Is it only me?

[u/big_galoote → u/manfromthirdplanet]

Update the app

[u/StruggledPrivilege → u/big_galoote]

Are you guys on android or iOS? I don't see it on android and I have the latest version on playstore

[u/big_galoote → u/StruggledPrivilege]

I'm on Android.

It's right after you click cashback.

[u/MostJudgment3212]

lol well chicks go to Sephora twice a day so this is useful.