Paymi Rewards is a cash back app and website that provides up to 10% cash back returns for online and in-store shoppers. The number of retailers varies, but they claim hundreds of partners at the time of writing.
You can start collecting rewards by linking your debit or credit card. One of Paymi’s best features is the ability to transfer your cash back rewards directly to your bank account once you reach $2 in total earnings, which is a low minimum. Plus, you’ll get $5 every time you refer a friend.
What you get with Paymi Rewards
Here’s a brief overview of the main features of this cash back platform.
Verified on September 12, 2025
Why You Want It
Earn up to 10% cash back with retail partners + Simple and free to use.
Special Features
- In-store cash back available
- Can link a bank account
- Secure encryption
Provinces
ALL
Features
Monthly Fee
$0
Mobile App
Available Retailers Estimate
100+
Pay Via Cheque?
Pay Via PayPal?
Pay Via Amazon?
Pay Via Gift Cards?
Pay Via Electronic Fund Transfer?
Minimum Balance To Cash Out
$2
Pay Frequency
Whenever you want
Limited Payment Wait
5 to 7 days
Welcome Bonus
N/A
Welcome Bonus End Date
N/A
Refer A Friend Offer
5
Our rating for Paymi Rewards: 2.7 stars
Paymi is a great cash back app that stands its ground against its competitors, namely because of the simplicity of its interface and rewards. The app is free and getting paid is really simple – you only need to reach $2 in total earnings to transfer your cash back rewards straight to your bank account.
On the other hand, Paymi has a few downsides, the biggest one being the number of offers available. The promotions with retailers often rotate, so you'll have to spend some time checking which ones are available every time you want to make a purchase.
Rating methodology
In order to come up with our product ratings, we first break down the product into its main features, as you can see in the table above. We then give each feature a rating out of 5 based on how it does compared to similar products on the Canadian market. We then average out these scores, giving us a final rating out of 5 stars.
Learn more about our rating methodology.
What's good about Paymi Rewards
What are the main perks of this cash back platform?
Pros
It’s simple and free
Paymi can be downloaded for free on the App Store or the Google Play store. The registration process only takes 5 minutes and you can start collecting cash back rewards as soon as your account is active. The app automatically tracks your spending and almost instantly transfers your cash back earnings into your account. You also don’t have to upload any receipts or pictures in order to collect your cash back.
Getting your rewards is fast and easy
You can collect your cash back rewards as soon as you reach $2.00 in total earnings. You then transfer the cash back rewards to your bank account, which usually takes 5 - 7 business days. This really stands out from what’s offered by competitors such as Great Canadian Rebates, Rakuten, and Shopper Army.
Great promotions and possibility to double-dip
Paymi offers some great promotions with some of the biggest retailers in Canada, such as Apple, Walmart, Staples, and Best Buy. The return on spending can be as high as 20% on certain promotions, but most cash back returns are between 1% – 5%. You can also double up your total earnings by using a cash back or travel credit card when shopping.
What to watch out for with Paymi Rewards
What are some things that we have to look out for?
Cons
The promotions with retailers can change quickly
Paymi offers some great promotions, but they’re often temporary and only last for a month on average. You’ll need to keep track of the ongoing promotions by using the app on a regular basis. There’s also only a handful of retailers available, compared to the hundreds that other similar products offer.
The app tracks some of your personal information
Paymi tracks your personal spending habits in order to determine the best promotion for you. This practice has become more common over the years, especially with shopping apps, but the fact remains that not everyone is comfortable with sharing private information. If you don’t wish to share your spending habits, this app is definitely not for you.
Best alternatives to Paymi Rewards
How does this cash back platform compare to competitors?
 |  |  |  | |
|---|---|---|---|---|
| Account | Paymi Rewards | GeniusCash | Rakuten | Swagbucks |
| Genius Rating | ||||
| Why You Want It | Earn up to 10% cash back with retail partners + Simple and free to use. | Earn up to $250 in bonus cash back + Level up your money & rewards. | Earn cash back with over 750 retail partners + $5 sign up bonus. | Earn free gift cards for shopping online + Also earn for web searches and games. |
| Monthly Fee | $0 | $0 | $0 | N/A |
| Mobile App | | | | |
| Available Retailers Estimate | 100+ | 20 | 750 | 1,500 |
| Pay Via Cheque? | | | | |
| Pay Via PayPal? | | | | |
Show More | ||||
| Apply Now See more Paymi products Compare | Apply Now See more GeniusCash products Compare | Learn More See more Rakuten products Compare | Learn More See more Swagbucks products Compare |
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Paymi Rewards frequently asked questions
What is Paymi?
Paymi is a Canadian phone app that provides cash back rewards when you shop online or in-store. You can learn more about this product right here.
Is Paymi legit?
Yes, Paymi is legit. Paymi has an official partnership with an institution as large as CIBC, and several other banks support access to the service. It doesn't have direct access to your bank account, as all payments come through Interac e-transfers.
Is Paymi safe?
Yes, Paymi is safe. It uses 256-bit bank-level encryption to protect your personal information, and it's partnered with CIBC to further uphold high security standards.
Can I use Paymi for Netflix?
At the time of this writing, Paymi doesn’t have a partnership with Netflix, though they do have one with Disney+. Just be aware that their partnerships change often, so it can help to check your app every once in a while to see what’s been added or removed.
What retailers are partnered with Paymi?
There are currently about 35 retailers partnered with Paymi, including Walmart, Apple, Staples, It Cosmetics, Best Buy, NYX, Aldo, Urban Decay, The Home Depot, and more. That said, their partnerships rotate regularly, so be sure to check in every once in a while to see what’s currently being offered.
Editorial Disclaimer: The content here reflects the author's opinion alone, and is not endorsed or sponsored by a bank, credit card issuer, rewards program or other entity. For complete and updated product information please visit the product issuer's website.
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