Great Canadian Rebates Review

Great Canadian Rebates Review

Written by Lisa Rennie
Fact-checked by Caitlin Wood
Last Updated May 12, 2021

Great Canadian Rebates is a website that advertises hundreds of retailers and merchants and allows users to earn cash back and rewards when they shop through their website. When a user clicks through to one of the partner merchants and makes a purchase, they’ll earn cash back. Approximately 700 merchants are marketed on Great Canadian Rebates and about 150,000 Canadians use the site. 

Rather than browse through promo flyers in print and clipping coupons or scouring the internet for discount codes, the deals will be brought right to you through Great Canadian Rebates. Plus, you can earn cash back just for shopping online. One click can help you both save and make money on your online purchases at the same time. 

Let’s take a closer look at this website to see if it’s worth signing up for.

How Does Great Canadian Rebates Work?

After registering as a user for free, you can browse the site to view all of the merchants that are offering deals and discounts on products and services. When one catches your eye, you can click on it and earn cash back rebates when you make a purchase. 

After your online purchase has been verified, you’ll receive cash back that is deposited into your Great Canadian Rebates account. Cash back rewards are paid out monthly via PayPal, Amazon.ca gift card, or direct deposit, or you have the option to request a cheque if your balance is higher than $30.

Great Canadian Rebates receives a commission from the merchants they refer and then splits it with the customers who make purchases. If you are already planning to make an online purchase, using a site like Great Canadian Rebates can help you earn some money back and reduce the overall amount you spend on products you were planning to buy anyway.  

Key Product/Service Features

Great Canadian Rebates has some useful features designed to help you save money when you shop, including the following:

  • Cash back rebates
  • Special deals section
  • Travel deals
  • Browse by category
  • Mobile app
  • Credit card recommendations and reviews
  • Referral bonus
  • Sign up bonus
  • Browser extension

How Do You Earn Money/Points?

Great Canadian Rebates works as a referral or affiliate service that advertises various merchants and specific products or services they sell and refresh users of the website. When you click on an offer link, you’ll be taken to the retailer’s website, and Great Canadian Rebates will be credited with the referral. 

A portion of that credit will be given to you without having to pay any extra fees or do anything different aside from shopping through Great Canadian Rebates. Once the purchase is confirmed, the cash back will be credited to your Great Canadian Rebates account.

How Do You Redeem Money/Points? 

You have three different options for how to get paid out:

Gift Card

Every month, a new e-gift card will be issued for the balance of your account. You’ll need a minimum balance of $5 (excluding sign up bonus), and the minimum balance required will depend on the exact gift card you choose. A bonus of up to 4% will be deposited into your account.

Direct Deposit

Every month, payment will be deposited into your bank account for the balance of your Great Canadian Rebates account. The minimum balance required for payout is $12 (excluding sign up bonus).

PayPal

Every month, payment will be sent to your PayPal account for the balance of your Great Canadian Rebates account. The minimum balance required for payout is $12 (excluding sign up bonus).

Cash back payments are made on a business day closest to the 28th of the month. Gift cards, direct deposit, and PayPal payments are paid out automatically if the required minimum balance has been maintained for 58 days because time is needed to keep track of returns and collect money from merchants. Most cash back deposits will be made to your Great Canadian Rebate account within 72 hours.

Becoming a Member

Signing up for Great Canadian Rebates is a simple process, and there’s no fee for joining. To become a member, you’ll need to enter a few pieces of information, including the following:

  • Email address
  • Password
  • Name
  • Address
  • Desired form of payment

You’ll also have the option to receive weekly emails advertising the latest sales, cash back increases, and any special announcements. If you do opt-in, you’ll receive a $3 bonus deposited into your Great Canadian Rebates account, in addition to the sign-up bonus. Once you’ve registered, you can start shopping and saving.

How Much Does it Cost?

There is no fee to use Great Canadian Rebates. 

Do You Get Cash Back From Any Store/Purchase? 

The cash back rebates that you receive are technically from the merchant that you buy from, but it’s Great Canadian Rebates that is crediting you with cash back. Any cash back you make from a store purchase will be credited to your Great Canadian Rebates account, after which the funds can be withdrawn in the form of a direct deposit, PayPal transaction, or e-gift card after you’ve accumulated the minimum amount and 58 days have passed. 

Pros and Cons of Using Great Canadian Rebates

Pros

  • Canadian owned and operated. Other deal sites are run by foreign companies, but Great Canadian Rebates is 100% designed for Canadian customers.  
  • Large marketplace. There are plenty of companies and retailers that are advertised on Great Canadian Rebates, offering plenty to choose from. 
  • Cash back rebates. You’ll have the opportunity to earn cash back rebates when you sign up for specific deals and services. 
  • Referral program. Earn 15% of all cash back rebates that your referral collects for the next 5 years when you sign up a friend.
  • Automatic alerts. Receive automatic notifications with the downloadable GCR Browser Extension.
  • Credit card sign-up bonuses. You can earn anywhere from $30 to $100 in bonuses for credit card sign-ups.
  • Coupons and promo codes. Peruse through the library of coupons and discount codes that can be applied at retailers across Canada for major discounts.  
  • Lots of categories. Streamline your deal search and shopping experience by browsing through specific categories.
  • Travel savings. Great Canadian Rebates also has a section dedicated to travel deals to help you save on your next trip.
  • App and chrome extension. In addition to the website, Great Canadian Rebates also offers an app and browser extension to make accessibility to deals even easier and more convenient. 
  • Free to use. There is no fee associated with using Great Canadian rebates. 

Cons

  • Long wait for payout.

Overview

CostFree
Perks15% cash back referral bonus
Sign up bonus
Cash back from specific retailers and current deals
AccessibilityWebsite Browser Extension App
LimitationsLong wait time to be paid out

Is Great Canadian Rebates Safe? 

Yes, Great Canadian Rebates is safe. The website uses Secure Socket Layer (SSL) to encrypt all sensitive information you type in. Great Canadian Rebates also will not sell any member information to third parties. The website also has a high rating with the Better Business Bureau (BBB) and among consumer reviews. 

Who Is Great Canadian Rebates Best Suited For?

Great Canadian Rebates is ideal for anyone looking to not only save money on their online purchases but also get a few bucks back in return. If you’re already going to shop with a particular retailer, why not get paid for it? 

Budget-conscious Canadians will find Great Canadian Rebates a handy way to save on their shopping, whether it’s for products or services. Even those who are looking to save on travel or credit card sign-ups will find Great Canadian Rebates a great tool to have at their disposal. 

Lisa has been working as a writer for more than a decade, creating unique content that helps to educate Canadian consumers in the realms of real estate, mortgages, investing and financial health. For years, she held her real estate license in Toronto, Ontario before giving it up to pursue writing within this realm and related niches. Lisa is very serious about smart money management and helping others do the same. She's used a variety of financial tools over the years and is currently growing her money with Wealthsimple, while stashing some capital in a liquid high-interest savings account so that she always has a financial cushion to fall back on. She's also been avidly using her Aeroplan TD credit card to collect as many Aeroplan points as possible to put towards her travels!

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