Pine
Get a better mortgage
- • Lower rate + upfront savings
- • Bonus cashback based on mortgage size
Mortgage
Pay your mortgage smarter in Canada
Mortgages can't be charged to a credit card directly in Canada — but you can still optimize. Pine helps you secure a better rate, and Neobanc earns you 0.5% cashback on each eligible mortgage payment via Interac e-Transfer, where accepted. The same Canadians who pay rent with a credit card in Canada use this combo on their largest monthly payment.
Pine
When Pine makes sense
- Buying a home
- Renewing your mortgage
- Switching lenders
Pine is a digital-first mortgage platform designed to help you secure competitive rates quickly, often with cashback incentives.
Bonus cashback
Additional cashback bonuses may apply based on mortgage size:
- • $150k–$400k → $250
- • $400k–$750k → $500
- • $750k+ → $1,000
Neobanc
Already have a mortgage? You may be able to earn cashback on payments
- 0.5% cashback on every eligible mortgage payment paid via Interac e-Transfer
- Paid via Interac e-Transfer ($0 fee — credit card not supported for mortgage)
Use Neobanc if you're not switching your mortgage but still want ongoing cashback on your payments. Mortgage lenders in Canada don't accept credit cards directly — Neobanc routes the payment via Interac e-Transfer and credits 0.5% back to you for eligible mortgage-related payments.
How they fit
Pine + Neobanc: how they work together
Pine and Neobanc are not competitors — they solve different parts of the problem:
- Pine helps you get a better mortgage
- Neobanc helps you earn cashback on how you pay your mortgage
Currently limited to Interac e-Transfer capabilities.
Strategy
Use both to maximize your savings
Neobanc
Earn cashback on payments
- • 0.5% cashback on mortgage payments
- • Ongoing rewards per payment
Combined strategy
Optimize both, if possible
- • Better rate
- • Cashback
→ Maximize savings
Most people only optimize one — the biggest savings come from doing both.
Example
Example: how this adds up
Example with a $500,000 mortgage:
- Pine:
- • Potential rate savings over time
- • $500 cashback bonus
- Neobanc:
- • 0.5% cashback = $2,500 over time
→ Total benefit: thousands in savings + cashback
Illustrative example only. Actual cashback eligibility depend on rates, usage, and subject to Interac payment method.
At a glance
Simple breakdown
Pine
- Best for: buying, renewing, switching
- Goal: better rate
Neobanc
- Best for: existing mortgage
- Goal: cashback
Ready to optimize?
Find a better mortgage with Pine
We may earn a commission from some links. This does not affect comparisons.
Related guides
Keep exploring
Pay rent with a credit card in Canada
The complete guide — fees, rewards, and platforms.
Best credit cards for rent in Canada
Find the right card to pair with Chexy or Neobanc.
Compare Chexy vs Neobanc
Head-to-head between the two top Canadian platforms.
Neobanc review
0.5% cashback on mortgage payments — and much more.