12 Legit Ways to Get Free Money in Canada 2024

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Free money scams are common and something you should always be wary of. But what if I told you that you can actually get free money in Canada? 

The truth is that there are some really easy and legal ways to get free money in Canada. 

With a little work, you’ll be able to build up an emergency fund, or even save up for something big.

Now you might be thinking: How the heck can I get free money in Canada? 

In this article, we will cover different ways through which you can easily get free money in Canada.

So continue reading to find out!

How to Get Free Money in Canada 

Here is a list of some of the best ways to get free money in Canada and start using that money for your needs:

1. Receive Government Benefits 

The federal and provincial governments of Canada offer many benefit programs for low-income earners. Scanning for such benefits is a great way to make free money in Canada.

Maybe you need help paying for your hospital bill, your children’s school fee or other essentials, whatever it is, there may be a government program out there that can help you.

Fortunately, the Government of Canada has developed a website called the Benefits Finder Tool to help Canadians find out what kind of financial help is available to them through various government programs and services. 

The site allows users to search for benefits by address, province or territory, or even by keyword and then see what programs might be available in their area. It’s a great way to get started on your quest for free money.

The Benefits Finder Tool pulls up possible options like medical, child and disability benefits, as well as other important information such as eligibility requirements and application dates.

2. Sign up for New Credit Cards

Signing up for new credit cards is another great way to make free money in Canada. 

The first thing you have to do is decide what kind of card you want. There are different kinds of cards, so it’s important that you choose one that fits your needs. 

Some of them offer rewards points, while others give cash back. It all depends on the card you choose and how much value you think it will add to your life. 

You can also try signing up for several different credit cards at once to see which one works best for your financial situation.

Additionally, you should look at the fees associated with each card and decide which ones will work best for you based on your lifestyle and spending habits.

Learn more: Best Credit Card Offers in Canada

3. Take online surveys

If you would rather get paid to share your opinion with others in a more passive way, you should consider taking online surveys.

You can earn money by sharing your opinion when it comes to products and services you use every day.

Surveys are simple to take and fun to complete, so it’s easy to get started. Plus, many of the sites offer points that can be redeemed for real-life prizes or cash via PayPal.

There are many survey sites out there. Survey Junkie, Swagbucks and InboxDollars are three of the most popular survey sites that offer hundreds of paid surveys per day. 

By taking online surveys, you can earn anywhere from $0.25 to $10 per survey, depending on the site, the survey type and more.

Learn more about getting free cash in this Swagbucks review.

4. Rent out Your Vehicle

Renting out your vehicle is another great way to make free money in Canada, especially when you have a vehicle that you don’t use on a daily basis.

There are many websites out there that allow people to rent out their vehicles for short periods in exchange for cash. The best part about these websites is that they are free to sign up and anyone can list their cars on them. 

Turo is one such service that allows you to connect with people who want to rent vehicles.

You can also find other similar services online that allow you to rent out your vehicle and earn some extra cash on the side.

5. Get Rid of Unused Stuff

Another easy way to make some free cash is to get rid of stuff you don’t need anymore and sell it online. 

There are a couple of different ways you can do this. Kijiji, eBay and Craigslist are popular options for selling all sorts of things, from clothes to electronics to furniture. 

You’ll need to take some time to set up an account and list your items, but once you get the hang of it, it’s pretty easy and straightforward. 

You may be surprised at how much people are willing to pay for items that you no longer need or want. 

In addition to making some extra money, getting rid of unused items can also help to declutter your home and make it more enjoyable to live in. 

And who knows, you might even end up making enough money to finally buy that thing you’ve been wanting for so long.

Learn more: Household Items to Sell For Quick Cash in Canada

6. Rent Out Space on Airbnb

Do you have an unused room in your house? If so, you can make some free cash by renting it out on Airbnb. 

This is a great way to get some extra money in your pocket without having to do any work. Plus, it can even help offset the cost of your rent.

All you need to do is list your room on Airbnb and wait for someone to rent it. You can post pictures of your apartment and write about all the amenities that are included such as a TV, bathroom, kitchen and nearby attractions. 

Also, you’re fully in control since you can set your own price to make as much money as you want. You simply pay a small commission to Airbnb when someone rents your place.

So if you’re looking for an easy way to make free money in Canada, renting out a room on Airbnb might be a great option.

And if you don’t want to deal with the stress of dealing with different people, you can get a roommate instead. You may not make as much money as renting your room out on Airbnb, but it is a more passive way to make extra cash.

7. Use Cash Back Apps

Have you ever wished you could get paid for doing your regular shopping? Well, with cash back apps, you can! 

These apps give you a percentage of every purchase that you make, effectively giving you free money. 

All you have to do is download the app and link your debit or credit card. Whenever you make a purchase using that card, you’ll automatically earn cash back. Alternatively, you can start your purchase by clicking on the merchant’s link on the coupon site to have the cash back or coupon automatically applied to your purchase.

Some apps also have in-app offers that let you earn even more cash back. And the best part is that it’s completely free money.

There are a lot of different cash back apps out there, so it’s worth doing some research to find the one that best suits your needs. Two of the best cash back or coupon apps for Canadians are Rakuten and Rebatesme. (Sign up using the links to get a $30 welcome bonus as a new user).

So if you’re looking for an easy way to get free money in Canada, be sure to check out cash back apps.

Learn more:

8. Get Free Cryptocurrencies

If you are looking to get free money in Canada, cryptocurrency exchanges are another good option. 

These sites give out free tokens or cash for signing up for their services or for referring a friend who signs up using your referral link.

The process of earning free crypto is simple: All you have to do is sign up to a crypto exchange that offers a welcome and referral bonus. 

Once you have an account, sign up for their referral program and start sharing your referral code with your friends and then earn rewards in the form of cryptocurrency.

Many different crypto platforms offer referral programs, so it’s best to do research before joining one so you know exactly what you’re getting into and what kind of rewards you’ll receive.

Check here for the best crypto promotions and referral programs.

9. Get Grants Through an RESP

If you’re the parent of a newborn or toddler, it’s safe to say you’re already on the hook for some big expenses. That’s why it pays to save up for their future education.

In an effort to help Canadian families save for the future, the government introduced the Canada Education Savings Grant (CESG) and Canada Learning Bond (CLB).

The grant is a great way to help you save for your kid’s tuition fees and other educational expenses. The money comes from the federal government, with extra payments from some provinces and territories.

All you have to do as a parent is to open an RESP account.

In the first year, the government contributes $500 per child, and in subsequent years they will be able to receive $100 each as CLB. You don’t have to contribute to the RESP to get this free money.

On the other hand, CESG matches your RESP contribution by 20% for up to $500 a year and a life time limit of $7,200.

Learn more about RESP in this RESP Guide.

10. Make Money by Losing Weight

Yes, you read that right! You can actually get paid to lose weight. Some sites allow you to make money while losing weight.

HealthyWage is an example of such a site. The platform allows users to earn money by losing weight, making it a great way to stay motivated while working towards your fitness goals. 

How does it work? The way it works is simple: First, you set a goal weight and a period to reach that goal and then bet an amount of money that you’ll reach it. 

If you succeed, you’ll get your money back plus a cash prize. If you don’t reach your goal, you lose your bet. And it’s not just a one-time thing, users can keep coming back and betting on themselves again and again. 

Also, there’s no need to worry about meeting any minimum requirements – you can start earning money as soon as you sign up.

If you’re looking to get fit and earn some extra cash, HealthyWage might be the perfect platform for you. 

11. Rent out Your Pool

In Canada, summertime means it’s time to enjoy the great outdoors – and there is no better way to do that than by cooling off in a swimming pool. 

If you’re lucky enough to have a pool at your home, did you know that you can actually rent it out and make some free money?

There are plenty of people who would love to take a dip in a pool but don’t have one of their own. So why not open up your pool to others and get paid for it? 

You can charge by the hour or by the day, and it’s a great way to earn some free cash during the summer months.

You can rent your pool for weddings, parties and other events such as sports tournaments.

Also, you can use this opportunity to teach people how to swim, or you can simply enjoy the company of others while they use your pool. Either way, renting out your pool is a great way to make free money in Canada.

However, there are a few things to keep in mind when renting out your pool, such as making sure that it is clean and well-maintained. 

12. Take Advantage of Account Opening Promotions

Many people are unaware that they can get free money simply by opening a new bank account. 

Some banks in Canada often run account opening promotions, offering welcome bonuses of up to $400 in cash.

If you’re looking for an easy way to make some extra cash, you should take advantage of account opening promotions.

By simply opening an account during one of these promotions, you can earn a decent amount of money. However, these promotions are typically offered for a limited time, so it’s important to take advantage of them when they’re available. 

In addition to earning a cash bonus, you can also take advantage of other perks, such as waived fees and higher interest rates. 

So if you’re in the market for a new account, be sure to check for new account opening promotions before making your decision. Who knows, you might just end up getting some free money out of it.


Final Thoughts

You may find it hard to believe, but it is really possible to get free money in Canada. 

As you can see, there are several ways you can get free money in Canada. All of these methods provided in this article are legitimate and can help you improve your financial situation. 

Hopefully, this information has been helpful, and if it is, make sure to share it with your friends and family! After all, who doesn’t need free money?

Have you tried any of these methods? What was your experience? Let us know in the comments below.

Simon is a CPA by day and a Personal Finance Blogger by night. With over a decade experience in financial services, he's passionate about personal finance, investing and helping people take control of their financial life.

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