Mortgage cashback
Get up to $5,800 in value with your mortgage.¹
Offer expires June 30, 2026.
Rewards with your new mortgage.
Receive up to $4,800 in value with any fixed-term mortgage of 3 years or more.
Cashback up to $3,800
Depending on the value of your mortgage, receive from $1,000 to $3,800 when you choose a mortgage with Vancity and meet the eligibility criteria.
Bonus for first-time home buyers
To celebrate first-time home buyers on their big milestone, we’ll add an additional $500.
Bonus for low emissions homes
If your home is heated by electricity or geothermal power, we’ll give you 50,000 Vancity enviro™ Visa* Reward points valued at $500 as a bonus.
Rewards when you switch your mortgage.
Receive up to $5,800 in value with any fixed-term mortgage of 3 years or more when you when you switch your existing mortgage from another financial institution to Vancity.
Cashback up to $3,800
Depending on the value of your mortgage, receive from $1,000 to $3,800 when you choose a mortgage with Vancity and meet the eligibility criteria.
Switch your mortgage to Vancity
You can receive an extra $1,500 in cashback when you switch your mortgage. Plus, you could use your cashback toward covering the cost of your switch fees.
Bonus reward points
We'll give you 50,000 Vancity enviro™ Visa* Reward points valued at $500 as a bonus.
When you switch your mortgage to Vancity you're eligible for all cashback incentives and the Vancity Enviro Visa Rewards points bonus.
Eligible fixed-term mortgages.
You can select a fixed or variable rate (Homeprime) mortgage, or even make it an insured mortgage. These offers cannot be combined with other special mortgage rate offers.
Fixed-rate
Featured 5-year: 4.34%◊
Fixed-rate insured
Featured 5-year: 4.04%¤
Variable-rate
Featured 5-year: 3.70%◊
How to qualify for your cashback.
You may qualify for our cashback offer by meeting the following criteria:
- Choose Vancity for your new mortgage, or move your existing mortgage.
- Open or have a Vancity Essential Chequing, Essential Plus or Total Chequing account
- Set up pre-authorized mortgage payments to come from one of these accounts
- Set-up an automated, recurring direct payroll deposit or eligible government credit to the account
- If you have an existing Chequing Plus or Access Chequing account you may use that account for this promotion.
Receive even more rewards when you meet the requirements for first-time homebuyer and low emissions homes.
Cashback tiers.
Mortgage value
Cashback
Eligible mortgages only¹
$100,000 to $449,999
$1,000
$450,000 to $749,999
$2,000
Greater than or equal to $750,000
$3,800
Cashback add-ons
New Purchase
Switch in
For first-time home buyers
Additional $500
Not applicable
Switching your mortgage to Vancity bonus
Not applicable
Additional $1,500
Additional Vancity Enviro™ Visa* Reward Points
Additional $500 in Vancity enviro Visa Reward Points for low emission homes — meaning they are heated by electricity or geothermal
All homes are eligible for additional $500 in Vancity enviro Visa Reward Points
When you switch your mortgage to Vancity, you’re eligible for all cashback incentives including the Vancity Enviro Visa Rewards points bonus (50,000 Visa Reward points, a $500 value).
Protection you can count on.
Rest easy knowing you're covered if the unexpected happens. Choose from these additional forms of insurance+:
- Life coverage
- Involuntary loss of employment coverage
- Disability coverage
- Critical illness coverage
Make your move.
View legal details
* Trademark of Visa Int. Used under license.
¹ Please read the Terms and Conditions which govern the Vancity Mortgage Cash Back Offer.
◊ Some conditions apply. Available to Vancity members on new and renewing mortgages where the mortgage loan-to-value is less than 75% and the amortization is 25 years or less. Must be owner occupied. All applicants must meet the Vancity lending criteria. Rate is subject to change or may be withdrawn without notice at any time.
¤ Available to members with less than 20% down payment, a residential property with a purchase price under $1,500,000, the amortization is 30 years or less, owner occupied, and who are eligible for and purchase mortgage default insurance. Default insurance is subject to eligibility conditions, limitations and exclusions. All applicants must meet the Vancity lending criteria. The annual percentage rate (APR), compounded semi-annually, not in advance. The APR is for a mortgage of $100,000 with monthly payments and a 25 year amortization. APR assumes no fees apply. You may be required to pay additional fees which would increase your APR. Rate is subject to change or may be withdrawn without notice at any time.
+ Creditor's group insurance is optional and is underwritten by Co-operators Life insurance Company. Supporting services, such as enrolment intake, medical underwriting and claims administration, are provided by the employees of CUMIS services Incorporated, a subsidiary of Co-operators Life insurance Company. Coverage is governed by the terms and conditions of the creditor group insurance policy issued to the creditor and is subject to terms, conditions, exclusions and eligibility requirements. See the Product Guide and Certificate of Insurance for full Coverage details.