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. 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.
🎓 10. International Business University Event
Special event promotion for students & attendees:
Earn $15 – $50 cashback when you spend $100 with your Beacon Money Account.
11. 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.
12. November Referral Bonus — $50 Cashback for You!
How It Works
When your friend completes $100 in total spend using their Beacon Money Account (BMA):
You will receive $50 cashback, and
Your friend will receive $25 cashback.
Eligible spend types include:
Card Transactions
Indian Bill Payments (IBP)
UPI Transfers
Canadian Bill Payments
Philippines Bill Payments
Philippines Mobile Load
Note: Interac transfers and Request for Money transactions are not eligible.
Eligibility Criteria
To qualify for the referral cashback, your referred friend must fulfil both below criteria together:
Open a Beacon Money Account between 1st November 2025 and 30th November 2025, and
Complete $100 or more in qualifying spend.
Cashback processing: Within 3 business days after eligibility is met.
Promo Period
Valid from: 1st November 2025
Until: 30th November 2025
Note
Terms and conditions apply.
Offers are subject to change without prior notice.
⏱ Cashback Timelines
Cashback rewards are generally paid out within 3 business days after you qualify. If you activate your virtual card and request and activate your physical card, you may receive cashback in as little as one business day!
💬 Support & Resolution
Questions or concerns related to cashback will typically be reviewed and resolved within 3–7 business days.
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 assistance.
Forgot to Add a Referral Code?
If you missed adding a referral code during signup — don’t worry.
Referral codes normally must be entered during account creation, but in some cases our support team can help add the referral code manually after the account is created.
Thanks for reaching out! If you’re seeing offers such as “Send $100, Get $145,” a “yash25” referral code, or $45 cashback, please note that promotion details can vary by campaign, region, and account status. To ensure you receive the most accurate and up-to-date information for your specific situation, we recommend reaching out directly to our support team.
Please contact our support team through the Beacon app or our official help channels—they’ll be able to confirm whether these offers are active and help with any eligibility questions.