How to get this offer
By opening a Coast Capital chequing account. Use your friend's promo code to make sure they get their bonus too.
Choose the chequing account that's right for you. Click to learn about each account's features. Cash bonus amount varies by account.
- $400 bonus: Elevate Chequing Account
- $250 bonus: Unlimited Chequing Account
- $150 bonus: Free Chequing, Free Debit and More Account
- Click here for service fees on services that are not included with these accounts.
By setting up a recurring payroll or direct deposit.
Complete the following criteria within the first 60 days after account opening:
- Add a recurring eligible payroll or direct deposit2
Your direct deposit must be the same direct deposit coming from the same payee for 90 consecutive days. This may be your payroll, pension or certain government payments. (at least once a month), and maintain the same payroll or direct deposit for 90 consecutive days or more
*Conditions apply.
We've answered your FAQs
Enter the referral code into the promo code field in your application.
Switching your banking to Coast Capital is easy, and we’ve given you time to complete the eligibility requirements to ensure you get your bonus.
Here’s when you can expect your cash bonus, which will typically be deposited to your new account via electronic funds transfer within 60-90 days of Coast Capital confirming that you have fulfilled the qualifying criteria listed above. For example, see payout schedule below:
| If you start the offer qualifying criteria during: | You should receive your bonus within 60-90 days of completing the qualifying criteria: |
|---|---|
| January 2026 | June – August 2026 |
| February 2026 | July – September 2026 |
| March 2026 | August – June 2026 |
To get up to $450, within the first 60 days following account creation, set up and maintain;
- A recurring, eligible payroll or direct deposit2 (at least once a month), and maintain the same payroll or direct deposit for 90 consecutive days or more
If you signed up without the provided referral code, you will still be eligible for a cash bonus, if you meet all the eligibility requirements. However, your friend will not receive the referral bonus.
Yes, you can open your account online or in branch as long as you include your referral code in your application. If you're opening your account in branch, ensure your advisor is aware that you have a referral code.
- Log in to digital banking through a computer or our mobile app
- Select Account Overview from the menu, then Download Void Cheque and select the account you want the void cheque for
- Click the Export button to download a PDF file containing your void cheque. Save or print this PDF to provide a digital or physical copy to your employer.
I already have an account with Coast Capital, can I open a new one to get the bonus?
No, if you already have an account with Coast Capital, you are not eligible for this bonus. Please read the terms and conditions for more details (refer to the Personal Membership Referee Qualifying Criteria for the New Chequing Account Offer).
I used to have an account with Coast Capital, am I eligible?
You are eligible as long as you haven't been a Coast Capital member within the last 5 years (from the start of the offer period). Please read the terms and conditions for more details (refer to the Personal Membership Referee Qualifying Criteria for the New Chequing Account Offer).
Why was my membership application denied?
There are a number of reasons a membership application may be declined. If your online application was declined please contact us.
Coast Capital Savings Federal Credit Union is a member of the Canada Deposit Insurance Corporation (CDIC). More CDIC information
Only deposits payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act.