We’re excited to offer a variety of cashback rewards to help you save while using your Beacon Money Account. Here are the current offers available:
🎉 1. First Indian Bill is Free (up to $25)
Pay your first Indian bill using Beacon, and we’ll cover the cost—up to $25!
No promo code needed.
If you are referred by Paytm, we are also giving 1% for your additional India bill payments!
👥 2. Refer a Friend — Get $25 Each!
If you’re a Beacon Money Account holder and refer someone to Beacon:
You’ll receive $25 cashback once your friend makes their card transactions (online or in-store). Minimum transactions value (via card spend or bill payment for Canada or India) is $100 to qualify for the cashback.
Your friend will also receive $25 cashback once minimum transactions value is $100 is reached.
How it works:
Your friend needs to enter the email address you used to sign up with My Beacon as the referral code during their signup.
🛒 3. Iqbal Foods Cashback
Love shopping at Iqbal Foods? Use your Beacon Money Account and earn:
10% cashback on your first transaction
5% cashback on subsequent transactions
You can earn up to $100 cashback total through this offer.
📱 4. Mobile Bill Offer (with Code CSIM or NIAGARA)
If you're a new Beacon Money Account user and sign up using the referral code CSIM or NIAGARA, you’ll get:
50% cashback for any phone bill for the first 3 months
🇮🇳 5. UPI Cashback
Send $100 or more in one transaction, and you’ll get $10 back – one-time only. If you send the $100 or more transfer within 48 hours after opening your Beacon Money account, you will get $20 instead of $10!
🇵🇭 6. First Filipino Bill is Free (up to $25)
Pay your first Filipino bill using Beacon, and we’ll cover the cost—up to $25!
No promo code needed.
🧺 7. Grocery Cashback
Earn 5% cashback on all your grocery purchases (up to $100), no matter where you shop. Whether you're buying fresh produce at your local market or stocking up at big-name supermarkets, you’ll get rewarded with every purchase via Beacon Money. Customers signed up at Iqbal Foods will not be eligible for this cashback, as they are eligible for the Iqbal Foods cashback.
☕ 8. Canoo Cashback
As a Canoo member, enjoy double the rewards when you use the Beacon app to send money to India or pay bills back home. Think of it as Canoo’s very own ☕ double double ☕. Pay a bill in India? Others get $25 but you get up to $50 back. Send money via UPI (Unified Payment Interface) to India? Others get $10 but you get up to $20 back.
🎡 9. Spin the Wheel Cashback
If you visited our booth at an Indian street festival and played the Spin the Wheel game, you’re eligible to receive the cashback amount you landed on!
To claim your reward, please follow these steps:
Sign up with the referral code:
Use the referral code provided at the booth when signing up for your Beacon Money account.Spend $100 through Beacon:
After signing up, you’ll need to spend at least $100 using your Beacon account. This can be done by:Paying an Indian or Canadian bill through the app
Using your Beacon card online or in-store (anywhere Visa is accepted)
Sending a UPI transfer
Receive your cashback:
Once you’ve met the $100 spend requirement, you’ll receive your cashback within 3 business days.
Forgot to enter the referral code during signup?
No problem — please reach out to the staff at the booth you visited. They’ll help you fill out a quick Google Form so we can verify the reward you landed on and make sure you still receive your cashback.
If you visited our booth at a Filipino street festival and played the Spin the Wheel game, you’re eligible to receive the gift you landed on! We are also doing a special raffle on Aug 22 and Aug 23 for any Filipino customer who signs up. Each day, we will select one winner to receive a surprise gift!
📺 10. New Canadian TV Event
Enjoy exclusive rewards when you spend with Beacon:
For You: Get $35 cashback when you spend $100 at using your Beacon Money Account.
🎓 11. International Business University Event
Special event promotion for students & attendees:
Earn $15 – $50 cashback when you spend $100 with your Beacon Money Account.
12. Diwali Cashback
Everyone earns 5% cashback on every purchase at restaurants, grocery stores, and sweet shops made with the Beacon Visa Card, while Preferred Partners enjoy 10% cashback. The card cashback is capped at $50 during Oct 11 to Oct 22.
New users can also join a special UPI-spin-the-wheel promotion to earn instant rewards: $10 for any UPI transaction between $1–$25, $15 for $26–$50, $20 for $51–$99, and $25 for $100+. All qualifying transactions must be made within 48 hours after BMA account opening. Even if your first transaction is below $100, you can still earn $20 cashback when you make a $100+ transaction within 48 hours. This is only valid during Oct 11 to Oct 15.
⏱ Cashback Timelines
Cashback rewards are generally paid out within 3 business days after you qualify. If you activate your virtual card, request and activate your physical card, you can get the cashback as soon as one business day!
Note: Terms and conditions apply to all offers and are subject to change. Reach out to our support team if you have any questions or need help.