NewcomerSavings.ca is free for everyone to read. To keep it that way, some links on this site are affiliate links. If you click and sign up, we may earn a small commission — at absolutely no extra cost to you. This never influences what we recommend.
1What is an affiliate link?
An affiliate link is a special tracked URL that tells a company you came from our site. When you click an affiliate link on NewcomerSavings.ca and sign up for a product or service, the company pays us a small referral commission — as a thank you for sending them a new customer.
This is a very common and standard practice used by publications like NerdWallet, MoneySense and thousands of other finance sites around the world. It is how free content on the internet is funded.
Think of it like a referral from a friend. If your friend recommends a bank and you sign up, the bank might pay your friend a thank-you fee. That’s exactly how affiliate links work — except we disclose it publicly.
2How it works
Here is exactly what happens when you click an affiliate link on NewcomerSavings.ca:
Not every link on our site is an affiliate link. We also link to government websites, official sources and resources where we earn nothing. We link to those because they are genuinely useful — not because of any commercial arrangement.
3Your cost — nothing extra
This is the most important thing to understand about affiliate links on NewcomerSavings.ca:
- You never pay more by clicking our affiliate links
- The product costs exactly the same whether you use our link or go directly to the company’s website
- Our commission is paid by the company — not by you
- In some cases, our links may actually get you a better deal — such as a sign-up bonus or waived fee — that you would not get going directly
Using our affiliate links is one of the best ways to support NewcomerSavings.ca and help us keep all our guides free — at no cost to you whatsoever.
4Our editorial promise
Our editorial team’s recommendations are completely independent from our commercial relationships. Here is exactly what that means in practice:
5Our affiliate partners
NewcomerSavings.ca may have affiliate relationships with the following types of companies and brands. This list is not exhaustive and may change as we add or review partnerships:
| Category | Companies |
|---|---|
| Canadian banks | Scotiabank, RBC, TD Bank, BMO, EQ Bank, Tangerine, Neo Financial, CIBC |
| Credit cards | Scotiabank, Neo Financial, KOHO, American Express Canada |
| Money transfers | Wise, Remitly, XE Money Transfer, Western Union |
| Investing platforms | Wealthsimple, Questrade, RBC InvestEase |
| Tax software | TurboTax Canada, Wealthsimple Tax, H&R Block Canada |
| Insurance | Various Canadian insurance providers |
| Phone & utilities | Various Canadian phone plan and utility providers |
| Other | Amazon Canada, and other relevant Canadian product and service providers |
Having an affiliate relationship with a company does not guarantee a positive review. We review all products independently and include honest assessments regardless of whether we earn a commission.
6Digital downloads
NewcomerSavings.ca offers both free and paid digital downloads including financial planning journals, budgeting templates, guides and worksheets.
- Free downloads — available at no cost in exchange for your email address. Signing up may add you to our newsletter, from which you can unsubscribe at any time
- Paid downloads — sold directly through our website or via Gumroad. Payments are processed by Stripe, PayPal or Gumroad depending on the product
- Revenue from digital downloads helps fund the free guides on this site
- Digital download sales are separate from our affiliate relationships and are not influenced by any third party
7How to spot affiliate links on our site
We make it easy to identify affiliate content on NewcomerSavings.ca. Here is what to look for:
- Every article containing affiliate links displays a clear affiliate disclosure notice at the top of the article
- Comparison tables and product reviews may contain affiliate links to the products reviewed
- Buttons and calls to action such as “Open account” or “Apply now” are typically affiliate links
- Links to government websites, the CRA, FCAC and other official sources are never affiliate links
If you are ever unsure whether a link is an affiliate link, feel free to contact our team at hello@newcomersavings.ca and we will clarify.
8Required disclosure
In accordance with the Canadian Anti-Spam Legislation (CASL) and the Competition Bureau of Canada guidelines on truth in advertising, we are required to disclose any material connection between NewcomerSavings.ca and the companies whose products we recommend.
This Affiliate Disclosure page serves as that disclosure. In addition, every article on this site that contains affiliate links includes a disclosure notice at the top of the article.
A note on our editorial integrity
NewcomerSavings.ca was built to help newcomers to Canada make better financial decisions. Our reputation depends entirely on the trust of our readers. We would never recommend a product we do not genuinely believe is good for newcomers — regardless of what it pays us.
If you ever feel that a recommendation on this site does not seem genuine, unbiased or in your best interest, please tell us. We take all feedback seriously and investigate every concern.
hello@newcomersavings.ca9Questions about our affiliate relationships
If you have any questions about how we make money, our affiliate relationships, or whether a specific recommendation is influenced by a commercial arrangement, please contact our editorial team. We are committed to full transparency and will answer any question honestly.
NewcomerSavings Editorial Team
Based in Toronto, Ontario, Canada. We respond to all enquiries within 2 business days.
Email: hello@newcomersavings.ca
Contact form: newcomersavings.ca/contact