LIMITED TIME OFFER
Get 5% interest for your business
Sign up or pay your first bill by Dec 1, 2024 to earn 5% interest for a limited time.
Trusted by 1,000s of leading Canadian companies.†
Get 5% interest until March 31
Sign up for Float with referral code FALL, or
pay your first bill by December 1, 2024.
Earn 5% interest until March 31, 2025.
*Terms and Conditions apply. Learn More. Table calculated with average Big 5 bank rates as of Oct 2024.
Use referral code FALL
5% today, 7% always
Combine your limited time offer with our competitive rewards set, available always.
4%
Interest on your Float balance, always
1%
Cashback on all corporate card spend
7%
Total customer savings on average
Cashback applies to all card spend over $25, 000. Float is definitely not a bank. Learn more.
How it Works
Sign up or pay a bill to qualify
Fast, free account creation and hassle-free earnings on your cash balance and corporate card spend.
Sign up to qualify
New customers can qualify for 5% interest by signing up for Float between October 17 and December 1, 2024.
Use referral code FALL at sign up to qualify. The application should only take 5 minutes to complete.
Or pay your first bill
Existing applications or customers can qualify for 5% interest by paying their first bill with Float between October 17 and
December 1, 2024.
Get 5% interest
Qualifying accounts will earn 5% interest until March 31, 2025.
Interest will be automatically applied to your Float balance on the 1st of the month, for the prior month.*
Come for the earnings,
stay for the software
Simplify your company spending with payments powered by intelligent software.
Automated Accounts Payable
Capture, approve and pay bills via EFT, ACH or Wire. Automatic syncs directly to your accounting software.
Expense Management
Get customized spend controls and approval policies to help you manage your company spend.
Corporate Cards
Spend, track, approve, and reconcile all your CAD and USD expenses in one simple to use platform.
Your questions,
answered
Book a demo with our team to learn more.
There are 2 ways to qualify for the 5% interest offer:
1) New customers to Float who start an application between Oct 17th and Dec 1, 2024 qualify for the offer. You must enter a referral code FALL on the first page of your application, so we know you have opted-in.
2) Existing applications or customers can qualify by paying their first bill between Oct 17th and Dec 1, 2024.
Your account should reflect 5% interest on the next business day after your qualifying action (bill payment or sign up). You will be paid monthly, on the 1st of the month, for the month prior.
This limited time offer adds an additional 1% interest, on top of Float’s regular interest rate of 4%, making a combined total of 5% interest until Mar 31, 2025 for qualifying accounts. Your interest will begin on the first business day following your bill payment or sign up.
Yes! You can still earn 1% cashback on all corporate card spending over $25,000 each month. However, you cannot combine this promotion with any temporary cashback bonuses or other promotions.
Only customers who have paid their first bill between Oct 17, 2024 and Dec 1, 2024 qualify. This offer is not available if you have already paid your first bill.
Only applications submitted between Oct 17, 2024 and Dec 1, 2024 qualify for the new customer offer of “signup and receive 5% interest” . If you have already started your application or are an existing customer, you can qualify for the offer by paying your first bill by Dec 1, 2024.
Interest is applied automatically to your Float account, monthly on the 1st of the month, for the month prior. For example, you will earn January 2025 interest on February 1, 2025.
Float customers have access to physical and virtual corporate cards in both CAD and USD when they join Float, backed by intelligent spend management software to help you automate, manage, and control company spend. Even better? Our Essentials plan is free!
No lockups, and this isn’t a GIC. Customers can easily withdraw funds by contacting our Support team, which is available 7 days per week. Funds will take 2-5 business days to arrive back in the bank account you connect to Float.
Both CAD and USD funds are held in dedicated accounts at Tier 1 Canadian banks. All stages of our funds storage process use dedicated accounts for the storage of customer funds, and customer funds are segregated from operating funds at all times.
Please note: Float is not a bank or CDIC member institution, and funds aren’t CDIC insured. Float is a registered MSB (Money Services Business) in Canada. We are also SOC2, type 2-certified, ensuring adherence to robust security protocols as verified by independent audits.
*To qualify for the 5% interest offer, submit a new application via welcome.floatfinancial.com or make your first bill payment with Float between October 17 and December 1, 2024. The 5% interest includes Float’s standard 4% interest plus a 1% bonus during the promotional period, which begins on the first business day following either a transfer of funds to Float, or your first bill payment, and ends on March 31, 2025. The rate applies to the first $1,000,000 of your Float balance, in CAD and USD. Bonus interest will be credited monthly in arrears on the 1st of each month. This promotion cannot be combined with other temporary offers (e.g., bonus cashback) but can be combined with Float’s regular 1% cashback on spending over $25,000. Each business entity qualifies separately, and existing customers who made their first payment before October 17, 2024, do not qualify.