How to Deposit CAD to Newton.co via e-Transfer

Today, we’re going to outline how to deposit Canadian cash to Newton.co via e-Transfer:

  1. Create an account at Newton.co using our referral link:
    1. Use our referral link at Newton.co to receive a $25 bonus:
      https://web.newton.co/r/38MU7O
  2. Once your Newton.co account is created, open the app.
  3. Once the app is open, click the “Tap to Add Funds” link.
  4. On the next screen, click “Via Interac e-Transfer”
  5. Enter the amount you would like to e-Transfer to Newton.co
  6. Click “Send Fund Request”
  7. Newton.co will then send an Interac e-Transfer request e-mail.
  8. In the email, accept the request at the financial institution of your choice.
  9. Enter in the credentials for your bank account.
  10. Review the e-Transfer request from Newton.co
  11. Select the account you want to withdraw the money from.
  12. Send the e-Transfer.
  13. You will receive a notification stating that the Newton.co team has accepted the e-Transfer request.
  14. Wait for a notification from Newton.co stating that your money has been deposited into your account. This could take from 5 minutes to 2 hours.
  15. Once you receive the notification from Newton.co, verify that the money has been deposited into your account.

Fees

  • e-Transfer Fee: Most banks have free e-Transfers, if your bank does not, you will have to determine how much your bank charges to send an e-Transfer. We recommend Tangerine to send e-Transfers. If you would like to open an account, feel free to use our Orange Key 43407726S1 at http://tangerine.ca/referafriend to open an account.

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