Get a $30 Paymi Sign Up Bonus (2024)

Do you enjoy earning rewards? With Paymi, you can earn cashback on your everyday purchases and receive a bonus when you sign up.

Paymi is your cashback reward companion that gives you cashback as you shop online or in-store through Paymi. Additionally, Paymi welcomes you with a $30 sign-up bonus. Signing up is a breeze – all you need to do is:

• Download the Paymi app.
• Provide all the necessary information.
• Fulfill all the requirements and earn the $30 Paymi sign up bonus effortlessly. 

Once you’re signed up, start shopping and earn extra cashback every time you shop. Apart from the Paymi sign up bonus, it also gives a referral bonus when you refer your friends to Paymi. You will receive a referral bonus when your friend signs up using your referral link. 

There are no sign-up or downloading fees and no extra fees – plus, you will be rewarded with cashback every time you shop. Without wasting time, let’s get into it and avail all the perks of Paymi.

All About Paymi

Paymi is a Canadian app that rewards you when you shop. Link your debit and credit cards, and you’ll earn cash back automatically at many stores. There’s no need to keep receipts or worry about which card to use. 

Once you have $2 or more in rewards, you can get the money through Interac e-transfer anytime.

It’s a good choice for Canadians who want extra rewards, even if they already have other credit cards or loyalty programs. Paymi is free and has been around since 2018, and you can use it with various Canadian banks and cards.

What is the Paymi Sign Up Bonus?

The Paymi Sign Up Bonus is a special offer for new users of the Paymi app. To show appreciation for signing up, you may receive a bonus, such as $30.

 To claim this bonus, you need to follow some straightforward steps during the sign-up process. 

Once you have received the bonus, you can use it along with the other rewards you earn when you shop using the Paymi app.

Steps to Get a Paymi Sign Up Bonus?

• Download the Paymi App from Google Play or Apple App Store.
• Create an Account: Provide necessary information like your email and create a password.
• Link Debit and Credit Cards: Link your debit and credit cards to the Paymi app for automatic cashback rewards.
• Review Terms and Conditions: Read and understand any terms and conditions associated with the sign-up bonus.
• Start Earning Rewards: Once your account is set up, you can start earning cashback rewards on your purchases.
• Redeem Rewards: Once you’ve earned a certain amount (like $2 or more), you may be able to redeem the rewards, often via Interac e-transfer.

Two Ways to Earn Cash Back

Earn cash with Paymi in two simple ways:

• Automatic Offers:
  • Link your credit or debit card to Paymi to automatically get cashback on your everyday purchases. It’s an easy way to save without any extra effort.
• Click to Activate Offers:
  • As a Paymi member, enjoy additional savings by clicking to activate special offers. Just a simple click can add extra cashback to your purchases. Link your card today to start effortlessly earning cash.

Many people enjoy using cashback rewards apps like Rakuten, Ibotta, Fetch Rewards, Dosh, Swagbucks, TopCashBack, BeFrugal, MyPoint, ShopKick, and Honey to save money on their purchases.

How Does Paymi Work?

To join Paymi, download the app on your iPhone or Android or sign up online. Once you link your debit and credit cards, you can earn cashback from various stores, such as Indigo, Casper, Best Buy, and more. 

Your rewards usually appear in your Paymi account within 1-2 business days. When your cashback reaches $2 or more, you can get it via Interac e-transfer.

 There’s a $1.50 fee for transfers under $25, but Paymi covers that fee for transfers over $25.

How to Redeem the Reward?

Unlike some rewards programs where you need a physical card and have to remember to scan it, Paymi is easier.

It links directly to your debit and credit cards, so it sees your purchases automatically. You don’t have to remember to use the app or carry a card.

To check your cashback, open the app and go to the “Cash Back” section. If you have at least $2, click “Redeem Now” to get your cashback through an Interac e-transfer. It’s simple and hassle-free.

Alternatives of Paymi

Paymi has a rival called Drop in Canada. Both are similar—there are no fees or sign-up costs, and you can earn rewards by connecting your cards. 

The big difference is that Paymi gives you cash, while Drop gives points for things like gifts. Another app, Koho, also gives rewards, but you must use their debit card. If you already use a rewards credit card, using Koho might mean fewer overall rewards. The best choice depends on what you like.

Is Paymi Safe?

When using a cashback app, be careful about sharing your banking login details. With Paymi, they only get a “read-only” view of your transactions to recognize eligible purchases for cashback. They can’t take money from your account or make deposits, which keeps you safe. Your cashback is sent via Interac e-transfer, not directly to your account.

Paymi’s partnership with CIBC, a big Canadian bank, adds to its credibility and security measures. Remember, even though Paymi is secure, follow basic online banking tips like changing passwords often and never sharing info via email or phone.

Conclusion

I liked using Paymi because it’s easy to earn cashback without much effort. You can redeem rewards starting at just $2, which works well with other rewards cards.

Additionally, the Paymi sign up bonus offers users an outstanding benefit.

The app is simple and quick to use, and signing up takes only a few minutes. I love that everything happens automatically – I don’t have to scan cards or keep receipts.

Another app like Drop might be good for those who prefer points over cashback, but you can use both to maximize your rewards.

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