Unlock up to 4% cashback
Transfer your accounts to Questrade and boost your wealth with up to 4% cashback*. Apply the promo code QT4CASHBACK or register your account, and transfer funds by February 2.
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FREE Account Transfers5 ($150 value)
Earn cashback when you transfer an eligible account with at least $10,000. Then, you can double your cashback rate by holding 3+ account types (including 1 non-registered) with $10,000 each by May 29.
January 5, 2026
The offer begins. You can sign up and submit transfer requests
May 29, 2026
The deadline for transfers to settle and your multiplier to be calculated.
February 2, 2026
The last day to submit your transfer request.
June 2026
The first cashback payments will be sent, kickstarting your monthly deposits.
From January 5 to February 2, 2026, you can earn up to 4% cashback when you transfer at least $10,000 from another financial institution to Questrade.
The rates:
Double your rate with the Multiplier:
If you hold 3+ accounts—including at least one Non-Registered—each with $10,000+, your rates double to 2% and 4%.
The payout:
24 monthly payments starting June 2026. You can earn up to $20,000 in total cashback.
The deadline:
Register and submit your transfer request by February 2, 2026. For more information on eligibility for this offer, see our Terms and Conditions.
To qualify, you must:
What doesn't count as a transfer-in for this offer:
Note: If you're transferring to both Individual and Joint accounts, each category must meet the $10,000 minimum separately. See "How are Joint and Entity accounts handled?" for details.
New customers: Enter promo code QT4CASHBACK when creating your account.
Existing customers: Log in to the Customer Portal, go to Rewards and Benefits, and register for the offer.
Once you register one account, all accounts in your profile are automatically enrolled.
After registering: Submit your transfer request through the Customer Portal before February 2, 2026. For a step-by-step guide, see our transfer walkthrough.
Forgot to register before transferring? No problem. You can register any time before February 2. Go to the Rewards and Benefits Hub in the Customer Portal and apply the offer to your accounts.
The offer runs from January 5, 2026 to February 2, 2026. You must:
Your assets don't need to arrive by February 2—they just need to settle by May 29, 2026. But you must submit the request before the offer period ends on February 2, 2026.
Your cashback rate depends on two things: the type of account you transfer into, and whether you qualify for the Multiplier.
Example:You transfer $50,000 to your RRSP and $50,000 to your Margin account.
See "What is the Multiplier?" to learn how to double your rate.
The Multiplier doubles your cashback rate. Instead of 1% and 2%, you earn 2% and 4%.
To qualify, you need to hit all three of these criteria:
You can qualify for the Multiplier at any point before May 29. As long as you cross all criteria including the $10,000 thresholds before May 29, you’ll get the multiplier.
When you'll know: You will receive confirmation as soon as your transfer settles. At that moment, we will confirm if you have qualified for the Multiplier.
Once confirmed, you are locked in. If the market drops after your transfer settles and your balance decreases, you will remain qualified for the Multiplier. We do not penalize you for market fluctuations that happen after you have qualified. To learn more, see our Terms and Conditions.
Note: Your final cashback dollar amount will be calculated on May 29, 2026, based on your settled assets.
What counts toward the $10,000 per account: Your total equity in each account—including assets you already had at Questrade before this offer. You don't need to transfer $10,000 to each account; you just need each account to hold at least $10,000 when we confirm your qualification.
Example: You have a TFSA with $8,000, an RRSP with $7,000, and a Margin account with $6,000. During the offer period, you transfer $14,000 from another institution into your Margin account. This transfer qualifies for cashback at the 2% base rate (Non-Registered).
To qualify for the Multiplier, you also deposit $2,000 into your TFSA and $3,000 into your RRSP from your bank. These deposits don't earn cashback—but they bring each account to $10,000+.
When your transfer settles, we check your accounts. You now have 3 accounts with $10,000+ each, including one Non-Registered. You qualify for the Multiplier, and your cashback rate doubles—4% for non-registered accounts and 2% on registered accounts.
Important notes:
Deposits are a valid way to reach the $10,000 threshold—but you need to keep those funds in your account. If you deposit and withdraw in a way that appears designed to temporarily meet the requirement, we reserve the right to disqualify you from the higher rate. This does not affect:
If you have questions about whether a planned transaction might affect your eligibility, contact our support team.
If you deposit funds to meet the $10,000 per account requirement for the Multiplier, and then withdraw those funds, this may be considered gaming the offer.
What happens: You will be disqualified from the Multiplier. Your cashback will be calculated at the base rate (1% on Registered, 2% on Non-Registered) instead of the Multiplier rate. You may still be eligible to re-qualify for the multiplier if you satisfy all requirements and remain in good standing as of the Settlement Deadline of May 29, 2026.
We built a calculator for that! Just fill in some basic details like what account(s) you’ll be transferring and the value of your transfer to see how much you’d be eligible to earn.
https://trade.questrade.com/qt4cashback#faq
Your cashback is based on your Net Qualifying Transfer Amount—the total you transfer in, minus any withdrawals during the qualifying period.
Cashback limits:
What affects your Net Qualifying Transfer Amount:
Example:
You transfer $30,000 to your TFSA and withdraw $5,000 before May 29. Your Net Qualifying Transfer Amount is $25,000. At the base rate (1%), you'd earn $250. With the Multiplier (2%), you'd earn $500.
No. Cashback is calculated only on new assets you transfer in from external institutions during the offer period.
However, your existing assets do count toward Multiplier qualification. If you already have $8,000 in an account and transfer in $2,000, that account now has $10,000—which helps you qualify for the 2x rate.
These are two different requirements:
Example:You have $9,000 in your TFSA, $9,000 in your RRSP, and $9,000 in your Margin account. You transfer $5,000 total from an external institution, split across the three accounts.
When the Multiplier is checked: We verify your Multiplier qualification when your transfer settles. If you meet the requirements at that time, you're confirmed for the 2x rate.
A qualifying transfer is when you move assets from an investment account at another financial institution to Questrade.
What counts:
What doesn't count:
The key distinction: A transfer moves assets from another brokerage or investment account. A deposit moves cash from your bank account. Only transfers qualify for this offer.
Most Questrade account types are eligible. Registered accounts (1% base / 2% with Multiplier):
Non-Registered accounts (2% base / 4% with Multiplier):
Not eligible:
We group accounts into three categories, and each is calculated separately:
Note: internal transfers between different categories will count as withdrawals from one category and will not count as a deposit into the other category.
Why this matters:
Each category must meet the $10,000 transfer minimum on its own.
Example: You transfer $5,000 to your Individual RRSP and $5,000 to a Joint Margin account. Neither category reaches $10,000, so you don't qualify for cashback.If you transferred $10,000 to each, both would qualify independently.
Note: Spousal RRSPs and RRIFs are treated as Individual accounts, not Joint.
Multiplier eligibility:Joint and Entity accounts don't qualify for the 2x Multiplier rate. However, they still earn a flat 2% cashback on all qualifying transfers—no extra steps required.
Your transfers must come from another financial institution—not from Questrade or any Questrade affiliate.
Eligible sources:
Not eligible:
No. We cover transfer fees charged by your old institution—up to $150 per account.This applies whether or not you qualify for the cashback offer. It's a separate benefit that stacks with this promotion. See our Transfer for Free terms for details.
We'll contact your old institution to initiate the transfer. You don't need to do anything else on your end, though you can follow up with them if the transfer is taking longer than expected. Important: Transfer requests must be submitted through the Customer Portal to qualify for this offer. Manual forms don't count. For a detailed walkthrough, see our transfer guide.
Most transfers complete in 1–3 weeks, but timing depends on your old institution. The deadlines:
You have nearly four months between submitting and settlement, so there's buffer for slow-moving institutions. But we recommend submitting early to avoid any risk.
If your transfer is delayed: Contact your old institution directly. Sometimes a phone call can speed things up. You can also reach out to Questrade support for documentation or assistance.
Yes. We look at your total Net Qualifying Transfer Amount across all eligible accounts. Example: You submit three separate transfers of $5,000 each during the offer period. Your total is $15,000, which qualifies for cashback.You can transfer to one account or split across multiple accounts—it's up to you.
Your cashback is paid in 24 equal monthly installments, deposited into a Questrade Cash or Margin account.
Why a Cash or Margin account? These are non-registered accounts with no contribution limits. By depositing your cashback here, we ensure it doesn't affect your contribution room in registered accounts like your RRSP or TFSA.
Payment priority: If you have multiple eligible accounts, we deposit to the first one available in this order:
Can I move the cashback after it's deposited? Yes. Your cashback isn't locked into that account. You can transfer it to another Questrade account any time.
Your first payment is scheduled for June 2, 2026 (or shortly after), provided your transfers settle by the May 29 deadline.The full schedule:
Example: You earn $2,400 in total cashback. You'll receive $100 per month for 24 months.
Your payments will show up as a deposit labeled "Cashback Incentive" in:
To view your account activity:
All transactions, including cashback payments, will appear in the table.
You'll need to open one before your first payment. Opening a Cash or Margin account is free and takes just a few minutes. Funding requirements:
Deadline: You need a Cash or Margin account open by June 1, 2026 to receive your first cashback payment. If you don't have one, open one through the Customer Portal—it only takes a few minutes.
We'll deposit your cashback into your Cash account first. If you only have a Margin account, it goes there. If you only have a Questwealth Portfolios Cash account, it goes there. You can't choose which account receives the payment, but you can move the funds afterward.
Once your transfers settle and your cashback is calculated, payments are automatic. You don't need to take any action. Just make sure:
If there's an issue with your account that prevents payment, we'll notify you.
Your transferred assets are subject to a 24-month hold period:
During this time, you can withdraw up to 5% of your transferred amount without affecting your cashback. Withdraw more than that, and you may forfeit future payments. After the hold period ends, you're free to move or withdraw as much as you'd like with no impact on your cashback. By then, you'll have received all 24 payments.
You can withdraw up to 5% of your Net Qualifying Transfer Amount during the hold period without any penalty—as long as your net withdrawals stay under that threshold.
What "net withdrawals" means:
Deposits into your account (including your monthly cashback payments) create a positive buffer. If you withdraw and then deposit, only the net difference counts.
Example: You transferred $50,000. Your 5% limit is $2,500.
What counts as a withdrawal:
What doesn't count as a withdrawal:
If you withdraw more than 5% of your Net Qualifying Transfer Amount and don't replenish the funds within the same calendar month, you'll forfeit all future monthly payments.
What you keep: Any cashback payments you've already received. We never claw back past payments.
What you lose: All remaining monthly payments.
Example: You transferred $40,000. After 12 months, you've received $600 in cashback (half of your $1,200 total). You then withdraw $5,000 (12.5% of your transferred amount) and don't replenish it. You keep the $600 you've already received, but you forfeit the remaining $600.
Yes—but you must act quickly. If you withdraw more than 5% of your Net Qualifying Transfer Amount, you have until the last business day of the same calendar month to deposit enough funds to bring your net withdrawals back under 5%.
Example: Your Net Qualifying Transfer Amount is $30,000. Your 5% limit is $1,500. On March 10, you withdraw $3,000.To stay eligible, you need to deposit at least $1,501 before the end of March—bringing your net withdrawals to $1,499 (under the 5% threshold). If you don't replenish in time, you forfeit future payments starting the following month.
The following withdrawals are exempt during the hold period:
Not exempt (these count toward your 5% limit):
Net withdrawals made before May 30, 2026 (during the qualifying/settlement period) are treated differently. They reduce your Net Qualifying Transfer Amount directly.
Deposits made into your account during the Qualifying Period create a positive buffer. However, any withdrawals count against your Net Qualifying Transfer Amount, meaning only the final net difference determines your eligibility.
Example: You transfer $50,000 during the offer period. Before May 29, you withdraw $10,000. Your Net Qualifying Transfer Amount is now $40,000—and your cashback is calculated on $40,000, not $50,000.
Tip: If you need to access funds, wait until after the hold period starts (May 30, 2026) so the 5% rule applies instead of a dollar-for-dollar reduction.
No. Your cashback is calculated based on the market value of your assets when they settle in your Questrade account—not what happens afterward.
If the market drops after your transfer arrives, your cashback amount stays the same. And if you already qualified for the Multiplier, a market drop won't change your rate.
No. Multiplier status and hold period rules are separate.
Multiplier status: Once you qualify for the Multiplier, that status is confirmed. Market fluctuations won't change it.
Hold period: Governs whether you continue receiving monthly payments. Withdrawing more than 5% of your net transferred amount (without offsetting deposits) during the hold period affects your payments, not your rate.
Example: Your transfer settles in February, and you qualify for the Multiplier at that time. In July 2026 (during the hold period), you withdraw an amount exceeding 5% of your net transferred amount without replenishing it.
What about withdrawals before the hold period? The hold period starts May 30, 2026. Withdrawals before that date don't trigger the 5% rule—but they do reduce your Net Qualifying Transfer Amount, which affects how much cashback you earn. (See ‘What about withdrawals before the hold period starts?’ for more information)
Yes. You can participate in the 4% offer even if you earned cashback from the 2025 promotion. How it works:
You don't have to choose. If you have qualifying transfers from both promotions, you'll receive payments from both.
No. Cashback is calculated only on new assets you transfer in during the offer period.Your existing assets help you qualify for the 2x rate, but they don't earn cashback themselves.
Example: You have $25,000 in existing assets across three accounts. You transfer in $15,000 during the offer. Your cashback is calculated on the $15,000—but at the 2x Multiplier rate, because your total balances ($40,000) helped you qualify.
USD assets are converted to CAD using the exchange rate on the day your transfer settles at Questrade. Your cashback is calculated on the CAD equivalent and paid in Canadian dollars.
Example: You transfer $5,000 USD. When you submit the request, the exchange rate values it at $7,000 CAD. By the time it settles, the rate has shifted and it's now worth $7,100 CAD. We use the $7,100 figure for your Net Qualifying Transfer Amount and cashback calculation.
Yes. This offer stacks with:
You can use multiple offers on the same account.
Yes, but you'll need to take an extra step. The sign-up page only accepts one code, so your affiliate code was applied first. To add the cashback offer:
Both the affiliate bonus and the cashback offer will apply—you don't have to choose.
Yes. You can register for the offer any time before February 2, 2026.
As long as you register before the offer period ends and your transfer was submitted during the offer window, you'll qualify.
Cashback is deposited into a non-registered account (Cash or Margin), which means it may have tax implications. We recommend consulting a qualified tax advisor to understand how the cashback affects your personal tax situation.
If you close your Cash or Margin account before all 24 payments are made, you'll forfeit the remaining payments. What you keep: Any cashback already paid to you. We never claw back past payments.What you lose: All remaining monthly payments.If you're considering closing your account, contact our support team first—we may be able to help with whatever issue you're facing.
During the qualifying period (before May 29): Moving money between your own Questrade accounts (as long as they are within the same category) doesn't count as a transfer-in for cashback purposes—the money was already at Questrade. However, it can help you reach the $10,000 per account threshold for Multiplier qualification.
During the hold period (May 30, 2026 – June 2028): Internal transfers don't count as withdrawals toward the 5% limit. Your assets remain under Questrade's management, so you can move money between accounts without affecting your cashback. Just make sure the funds land in an eligible account type to avoid triggering a system alert.
Only transfers from external financial institutions qualify for this offer.
*Terms and conditions apply
1 Questrade won Best online broker by MoneySense for 2025.
2 Zero commission trades', '$0 commissions', '$0 trading', 'trade commission-free' and similar messages, refer to commission-free trading for trades placed online through Questrade, Inc.'s website or mobile apps for stocks and ETFs that are listed on a stock exchange in the United States or Canada. Other fees may still apply.
*By claiming your 30-day free trial, you commit to a Questrade Plus subscription at the specified monthly cost ($11.95) that starts immediately after the Trial Period and automatically renews until cancelled. You can cancel your free trial at any time during your Trial Period before the renewal date. If you cancel during your Trial Period, you will retain access to Questrade Plus features for the remainder of your free trial. You cannot reactivate this trial. See Questrade Plus Trial Offer Terms for full terms and conditions.Average monthly savings are based on the monthly price not including tax for each subscription included (Passiv Elite, real-time data package) and performing at least one journaling request per month. Actual savings may vary based on journaling usage.
3 As low as $0/contract pricing applies to US Options only.
Questrade, Inc. will provide a refund on your 99¢ USD options contract fees, charged in United States Dollars (“USD”), based on the progressive options pricing tiers you get to during the calendar month of trading. The refund for each tier applies only to contracts executed within that tier. For example, fees for contracts that fall into tier 2 are refunded based on the tier 2 rate, and fees for subsequent contracts that fall into tier 3 are refunded based on the tier 3 rate, and so on. Please see our options pricing for details on each tier.
Contract fee refunds will be paid out on the first business day of the month following the month in which the trades occurred. Refunds will be credited to the account(s) in which the eligible trades were executed. Other fees may still apply and are not covered by the refund. If a refund is paid into an individual RESP or Family RESP account, it will be credited in CAD equivalent of USD, as USD deposits are not available for RESP accounts.
4 "Earn up to 50% more", "makeup to 50% more", "up to 50% more", "up to 50% moremoney", "lower fees for better returns", “Become/get up to 50%wealthier”, “Trade high fees for better returns”, “high fees that lower yourreturns” and similar messages, are references and equivalents to our "earnup to 50% more" claim (and together or individually these may be referredto as the "up to 50% claim"). The 'up to 50%' claim excludesthe Questwealth Conservative Portfolio. The up to 50% claimillustrates how investing with 4 out of the 5 Questwealth Portfolios ('QWP')could improve your retirement savings using a hypothetical example. The exampleassumes $50,000 compounds annually over 30 years at a growth rate equal to theaverage 5-year historical return of comparable mutual fund categories.Potential savings are based on a comparison of the highest MER charged by QWPversus the average MER of the Series 'A' mutual funds in the respective fundcategories. Fees may change over time and actual results may vary. No representationsand warranties are made as to the reasonableness of these assumptions.
Aggressive Portfolio
"Earn up to 50% more" illustrates how investing with a QuestwealthAggressive Portfolio could improve your retirement savings using a hypotheticalexample. The Questwealth Aggressive Portfolio has an annual fee of 0.37%,compared to mutual funds that have an average annual fee of 2.25% (130comparable Class - A Global Equity Funds). This is based on an initialinvestment of $50,000, compounded annually over 30 years. Annual contributionsmay impact results. Fees may change over time and actual results may vary. Norepresentations and warranties are made as to the reasonableness of theseassumptions. Questwealth Portfolios is a service provided by Questrade WealthManagement Inc.
Growth Portfolio
"Earn up to 50% more" illustrates how investing with a QuestwealthGrowth Portfolio could improve your retirement savings using a hypotheticalexample. The Questwealth Growth Portfolio has an annual fee of 0.37%, comparedto mutual funds that have an average annual fee of 2.29% (59 comparable Class -A Canadian Global Equity Balanced Funds). This is based on an initialinvestment of $50,000, compounded annually over 30 years. Annual contributionsmay impact results. Fees may change over time and actual results may vary. Norepresentations and warranties are made as to the reasonableness of theseassumptions. Questwealth Portfolios is a service provided by Questrade WealthManagement Inc.
Balanced Portfolio
"Earn up to 50% more" illustrates how investing with a QuestwealthBalanced Portfolio could improve your retirement savings using a hypotheticalexample. The Questwealth Balanced Portfolio has an annual fee of 0.36%,compared to mutual funds that have an average annual fee of 2.90% (95comparable Class - A Canadian Global Neutral Balanced Funds). This is based onan initial investment of $50,000, compounded annually over 30 years. Annualcontributions may impact results. Fees may change over time and actual resultsmay vary. No representations and warranties are made as to the reasonablenessof these assumptions. Questwealth Portfolios is a service provided by QuestradeWealth Management Inc.
Income Portfolio
"Earn up to 50% more" illustrates how investing with a QuestwealthIncome Portfolio could improve your retirement savings using a hypotheticalexample. The Questwealth Income Portfolio has an annual fee of 0.36%, comparedto mutual funds that have an average annual fee of 1.94% (44 comparable Class -A Canadian Global Fixed Income Balanced Funds). This is based on an initialinvestment of $50,000, compounded annually over 30 years. Annual contributionsmay impact results. Fees may change over time and actual results may vary. Norepresentations and warranties are made as to the reasonableness of theseassumptions. Questwealth Portfolios is a service provided by Questrade WealthManagement Inc.
5 You can transfer any account to Questrade from another financial institution, regardless of the balance, and get your transfer fees rebated (maximum rebate $150/account). No limit to the number of accounts you bring over. For a rebate, submit a statement from your financial institution displaying the transfer fees incurred within 60 days of the transfer request being submitted to Questrade. For Questwealth™ accounts, all-in-kind and partial transfers of your securities will be liquidated. Transfers from cash accounts may be subject to capital gains taxes or provide capital losses upon liquidation. Exchange and ECN fees may apply. Terms and conditions are subject to change without notice.
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For Questwealth SRI portfolios, as there is no universal Socially Responsible Investing (“SRI”) methodology, the selection of the underlying securities in the Questwealth SRI portfolios is based on inputs from various industry sources, including Environmental, Social, Governance, and SRI methodologies. Certain portions of the fixed income component of the Questwealth SRI portfolios may not be recognized by these methodologies as exclusively SRI investments.
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