The Easiest Way To Earn Free Money ($550 Or More With Less Than 2 Hours Of Effort)

If you look hard enough, there are lots of easy ways to earn free money. Here are 4 easy steps to earn $550 with minimal effort.

The Easiest Way To Earn Free Money ($550 Or More With Less than 2 Hours Of Effort)
 

In last week’s post, I reviewed that I was able to use my financial success and relationship at my new investment brokerage to earn free money. I was able to easily earn $1,300 for me and $800 for my friend just by asking for perks. Now, you may be thinking that not everyone has a million bucks to transfer to earn free money. That’s a valid argument. So for this week, I will show you the easiest way to earn some free money and all you have to do is just save $100. It’s that easy.
 

If you can save $100, then this free money guide is definitely for you. All you need to do is to follow the four simple steps in this post and you’ll be able to easily earn at least $550 or more in free money with less than two hours of effort. You’ll also make me $50 richer at the same time because I referred you and shared this awesome free money tips with you. Ready to claim your free money? Let’s get started.

The Tangerine Promotion

Ladies and gentle savers, may I present you, the Tangerine refer a friend promotion. Normally, this promotion is nothing special as a Tangerine account holder can refer a friend to open an account at Tangerine anytime. Once the friend opened an account with my Orange Key (41183679S1) and makes a deposit of $100, I will get a $25 in referral bonus and my friend will get a $25 welcome bonus.

Tangerine Chequing Account Benefits

For the Tangerine account, I recommend the chequing account, but you can choose a saving, TFSA or investment account if you want to. Here are the reasons why I like the Tangerine Chequing account:

  • You don’t need to maintain a minimum balance as there is no account fee at all. I hate paying any types of banking fees
  • You get free cheques. This can cost you if you order cheques at any of big five banks
  • Free email transfers (I use this option to pay the housekeeper at my rental property)
  • Free direct money transfer from and to accounts at other financial institions
  • You can use any Scotiabank ATM to deposit or withdraw money as Scotiabank owns Tangerine

Step #1: Get The Limited $50 Welcome Bonus

For a limited time, until July 31, 2018, you can use my Orange Key (41183679S1) to open an account and Tangerine will double the welcome bonus. So instead of $25, both you and I will get double the amount – $50 each. After filling out the form (it takes about 5 minutes), you’ll have to either go to a post office or a Tangerine cafe to verify your identity. The next task is to make the $100 deposit into your Tangerine account and that’s all it takes to get $50 in free money.

Step #2: Refer 3 Friends To Get $300

Once you have opened your Tangerine account, you’ll have your own Orange Key. This is your personal referral code that you can send to anyone to open an account. If the people that you send the Orange Key to, open an account and makes the $100 deposit, then you’ll get $50 in free bonus money for each person that signed up. They’ll also get $50 in welcome bonus too, just like what we did in step #1.
 

Refer A Friend Offer
 

You can refer as many friends as you want, but all you need is three people to signup to get the additional bonus referral fee. When you refer three people and they opened an account and deposit $100, you’ll get $150 (=$50 * 3). There is also an added bonus of $150 on top for referring three friends. The additional $150 is only for the first three friends that you refer to this promotion. You only get one additional $150 bonus regardless if you refer 3 friends or 300 friends. Now, you’ve earned $350 (= $50 + $150 + $150) in free money.
 

Referring three friends is not that hard. All it took is five minutes to for me to highlight the Tangerine account benefits to my mom and my in-laws. Their thoughts were, “if all I have to do is save $100 and I get $50 bucks in return, that’s awesome.” If you’re not married yet, try referring your family members or friends, they’ll definitely thank you for it.

Step #3: The Automated payment Bonus Of $100

To get this extra $100 in bonus free money, all you have to do is switch two automate monthly payments of $50 or more per payment. If you don’t have automated bill payments, you can also switch your payroll deposit. You have to make the automated payment/deposit switch by August 03, 2018 and it will have to stay active for at least three months. That’s all it takes to get the next $100. Now you’re at $450 in free money

Step #4: The RateSupermarket.ca $100 E-Gift Card

The next $100 is not cash, but it’s in the form of an e-gift card. All you have to do is apply for any one of three no-fee President’s Choice Financial Mastercard. Once you have been approved and activate your account, you’ll get the free $100 e-Gift Card from RateSupermarket.ca. Now you’re at $550 (= $50 + $150 + $150 + $100 + $100) in free money. Here are another 16 ways to make more cash if you are really on a roll.
 

If you qualify, I would recommend the President’s Choice Financial World Elite Mastercard. I personally have this Mastercard myself and I love stacking up the savings and getting free groceries. Here are the reasons why I like the President’s Choice Financial World Elite Mastercard:

  • No Annual fees. I refuse to pay any fees for my credit cards
  • 3% back in PC Optimum points for every dollar that you spend on any Lowblaws list of subsidiaries like No Frills, Shoppers Drug Mart, etc.
  • Up to 3% back in PC Optimum points for every dollar you spend at Esso gas stations

My Two Cents

Free money is definitely available out there. Some free money is easier to earn than others. You just have to choose the offers that benefit you the most. Another factor to consider is the effort that it takes to earn the free money. For less than two hours, you are able to earn $550 or more, I definitely think that this is a great return for the time that you are investing to earn the free money. Hey, you’re also saving an extra $100 too. So why not?
 

So readers, what do you think of this promotion? Are there any promotions that you know of and are easy for this community to earn free money? What is the most amount of free money that you’ve ever gotten?
 

This post may contain affiliate links, please read my disclaimer for full details.

Leo T. Ly, Money Coach, Personal Finance Blogger/Enthusiast and a Realtor Living in the Markam, Ontario, CanadaAbout Leo
I am a money coach, personal finance blogger/enthusiast and a Realtor living in Markham, Ontario, Canada. I built a net worth of a million dollars over a ten year period. I did it by being a disciplined saver, taking advantage of income tax rules and borrowing money to invest rather than for consumption. I am often excited to take advantage of free money from employers and governments in addition to building more passive income sources. After accumulating my first million dollars, I am now embarking on a second journey towards achieving financial independence. On this journey, I will strive to increase my net worth to two million dollars and retire by the age of 48 - Freedom 48. Come along and follow my journey on Facebook, Twitter, Pinterest or Google Plus.



There are 4 opinions expressed on this post.

  1. I like the PC Financial Credit card too! We have over $390 in money for free groceries! I also have a Tangerine account as well.

    1. @GYM, since I need to buy groceries anyway, I may as well get some perks when I spend my money. The PC Financial World Elite Mastercard is definite a great no fees credit to use for your grocery purchases.

    1. @PassiveCanadianIncome, this is all about the amount of time and effort spent vs the rewards that you’ll receive. This equates to about $200/hour, which I am more willing to try and earn.

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