Earn up to $10 a month as you take steps towards your financial goals

Explore our Member Rewards Program

Join a program that rewards you as you strive to achieve your financial goals. Our rewards program was co-created by members for members, and rewards you for:

Getting advice to better understand your financial situation
Managing your money effectively
Building and maintaining healthy spending and saving habits

What will you do with your savings?

Earn reward points on your everyday banking that will convert monthly to cash in your Member Equity Shares account. The table below shows how you can qualify for points each month.

Essentials

Earn

50 - 99 points

Monthly reward:

$2.00

Plus

Earn

100 - 199 points

Monthly reward:

$5.00

Premium

Earn

200+ points

Monthly reward:

$10.00

Ways you can earn points	Your reward
Complete an annual Smart Money Score	10 points per month for a year
Switch to eStatements (includes anyone who has switched prior to this program!)	10 points per month
Qualify for a line of credit	10 points per month
Use your debit card, Apple Pay or Google Pay	1 point per transaction up to 30 points per month
Regular payroll deposits of $500 or more per month	30 points per month
Get a Gulf & Fraser mortgage	30 points per month
Get and activate a Collabria credit card	30 points per month
Save or invest a minimum of $500 in a Tax-Free Savings Account. You'll earn points for each month that you maintain $500 or more in your TFSA!	30 points per month
Invest a minimum of $1,000 in a non-registered term deposit	30 points per month
Save or invest a minimum of $500 in a Registered Retirement Savings Plan, Registered Retirement Income Fund, Life Income Fund	30 points per month
Invest a minimum of $5,000 with Aviso Wealth	30 points per month
Set up an automated pre-authorized transfer of $25 or more per month to your saving or investment account.	30 points per month

How to enroll in the Member Rewards Program

Step 1: Join the new Member Rewards Program

Ask in branch

Contact the Member Hub at 604-419-8888 or inquiry@gulfandfraser.com

Look for the "Enroll now" button in the next issue of our monthly insights newsletter. Click here to sign up for our newsletter!

Step 2: Earn points on your everyday banking

Step 3: Receive your monthly reward directly in your Member Equity Shares account!

Once you've joined the Member Rewards Program, you can earn rewards by making smart financial choices. Scroll down to see all the ways you can earn rewards!

Frequently Asked Questions

How much can I earn each month?

The Member Rewards Program rewards you up to $10 per month when you strive to achieve your financial goals.

How do I enroll in the Member Rewards Program?

You can enroll in the Member Rewards Program by clicking the link in our monthly newsletter Bright Insights, by contacting the Member Hub at 604-419-8888 or inquiry@gulfandfraser.com, or by speaking to us in branch.

When will I receive my reward payout?

Reward payouts are deposited in your Member Equity Shares account by the 15th day of the month following each month during which you earned points.

What account do my monthly reward payouts go to?

Your monthly reward payouts are deposited into your Member Equity Shares account. You can withdraw these funds at any time by transferring to your spending or saving account.

Please note, as a member and owner of our credit union, you will need to keep a minimum of $5.00 in your Member Equity Shares account at all times in accordance with credit union rules.

What happens if I enroll in the Member Rewards Program but don't qualify for a payout?

After enrolling in the Member Rewards Program, you will receive a payout for each month based on the financial choices you make from this list. The more you bank with us, the more you earn.

For example: if you don't qualify for a payout in January, you won't receive a payment. If you qualify for the Essentials tier in February, you will receive a $2.00 payout in March.

What happens if I enroll in the middle of a month?

If you enroll in the Member Rewards Program in the middle of a month, you will receive a payout for your products and engagement based on the whole month.

For example: if you enroll on January 15, your February payout will reflect your activity from January 1 to January 31.