Borrowell
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Borrowell Referral Code Canada 2026

Borrowell uses a personalized referral link, not a universal promo code. New members get a free Equifax score and report; the current $5 referral reward goes to the referrer, not the new member.

How to Qualify

  1. Open a Referral Link Open a valid Borrowell referral link before creating your new account.
  2. Create Your Free Account Create a free Borrowell account as an eligible Canadian resident who has reached the age of majority in their province or territory.
  3. Complete Verification Complete Borrowell's identity and account verification requirements.
  4. View Your Credit Score Receive your free Equifax credit score. Borrowell uses successful receipt of the free score as part of its Qualified Referral definition.
Current Offer
New Member Benefit Free Equifax Score

Free credit report and weekly updates included. The current $5 referral reward goes to the referrer—not the new member.

We may receive a referral benefit if you qualify.

Open Borrowell Referral Link
To Qualify
$0No SIN or credit card required
Payout
$5 to ReferrerNot a new-member cash bonus

Who Gets What?

New Borrowell MemberFree Equifax credit score + report
Referrer$5 CAD e-gift-card reward

Borrowell Referral Bonus Requirements

  • Eligible Canadian Resident You must reside in a Canadian province or territory where Borrowell offers its services and have reached the age of majority.
  • Create a Borrowell Account Borrowell defines a Qualified Referral as a person who signs up through the applicable referral link and receives their free credit score.
  • Complete Verification The new member must complete Borrowell's required account verification.
  • Account in Good Standing For a referral reward to become redeemable, the relevant Borrowell accounts must remain active and in good standing during the 30-day qualification period.

Borrowell Referral Code FAQ

What is the Borrowell referral code?

Borrowell currently uses personalized referral links rather than one universal promo code that every new member enters manually. Borrowell refers to a unique referral link in its Refer-a-Friend instructions.

Do I get $5 for using a Borrowell referral link?

Borrowell's current Refer-a-Friend terms award the $5 CAD e-gift-card referral reward to the referrer after a Qualified Referral. Borrowell does not currently state a separate $5 referral reward for the new member.

What does a new Borrowell member get?

Eligible new members can access Borrowell's standard free Equifax credit score and credit report, with ongoing weekly updates and credit-monitoring tools.

Is Borrowell free?

Borrowell states that its credit-score and credit-report service is free. Borrowell says it makes money partly by recommending financial products and receiving referral fees when members choose certain offers.

Does checking my credit score with Borrowell hurt my credit score?

No. Borrowell states that checking your credit score and report through Borrowell does not hurt your credit score.

Does Borrowell use Equifax or TransUnion?

Borrowell provides an Equifax credit score and report. Borrowell notes that the educational score it provides may not be the same score used by a lender or other third party.

Do I need a SIN or credit card to use Borrowell?

Borrowell states that no SIN or credit card is required to sign up for its free credit score and report.

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