Float Promo Code Canada (October 2026)Pro Free for 12 Months

No. Float offers run through partner links rather than codes. Our link applies the Professional plan free for 12 months to new accounts automatically. Short link: ledgerlogic.ca/go/float.

No. Float has no coupon codes, and the codes listed on aggregator sites do not work at signup. The genuine offer is the Professional plan free for 12 months for new Canadian businesses, applied automatically through our partner link with nothing to enter.

Everything in the free Essentials plan, plus unlimited physical and virtual cards in CAD and USD, multi-level approvals, custom submission and approval policies, USD reimbursement payouts by ACH, bill pay from connected bank accounts, the NetSuite and Slack integrations, SAML SSO, and Float Intelligence transaction coding. Essentials already includes receipt matching and a two-way Xero or QuickBooks sync.

Your account moves to regular Professional pricing, from $100 a month including your first 10 active users, or you can drop back to the free Essentials plan. There is no contract: Professional is billed month to month. Essentials allows up to 20 physical cards and unlimited virtual cards.

It depends on the funding model. By default Float cards are pre-funded (prepaid): they spend from the balance you load into Float, with no underwriting. Float Charge is interest-free, unsecured credit repaid in full on a 15 or 30-day cycle; it needs approval and is for registered corporations and partnerships with at least $50,000 CAD in cash. CAD cards run on Visa and USD cards on Mastercard.

Yes, if the business is legally registered in Canada, federally or provincially, and passes Float's business verification (KYB), which asks for a corporation or business number and registration documents. Float Charge credit is the exception: it is for corporations and partnerships only. If you are not yet registered, our Ownr offer covers business registration and incorporation.

Start with eligibility, because the two serve different businesses. Ramp is available to eligible Canadian corporations: CAD and USD Visa cards, a fixed 1% cashback and deep spend automation, but it needs at least CA$25,000 across your connected bank accounts and does not serve Quebec or the territories. Float is a Canadian spend platform with cards and CAD and USD business accounts: the balances earn variable base rates of 2.5% (CAD) and 2.75% (USD), it pays bills by EFT, it serves every province and territory, including Quebec and Saskatchewan, and it accepts registered sole proprietors. Float's 1% cashback applies only to card spend above $25,000 a month per currency. Float fits a single-country Canadian business keeping cash in both currencies, a company in Quebec or the territories, a sole proprietor, or a corporation under CA$25,000. Ramp fits an incorporated company outside Quebec and the territories with CA$25,000 connected that wants the heaviest spend automation. Our Float vs Ramp comparison covers the details.

They solve different problems. Amex business cards are built for premium travel rewards; Float is a spend-management platform: unlimited virtual cards with per-card limits, automated receipt capture, a variable 2.5% base rate on CAD balances (2.75% on USD), and a clean sync to Xero or QuickBooks. Float wins on controls, automation, and CAD-first operations; Amex wins if travel points are your priority. Many businesses keep an Amex for rewards and run day-to-day team spend on Float.

It depends on the job, because they overlap on cards, cashback and yield but not on everyday banking. Venn is a business account with free Interac e-Transfers, sent and received, and free pre-authorized debits on every plan, but it is not available to businesses in Quebec, and its card cashback is capped by plan. Float runs beside a bank or Venn account: its CAD and USD accounts earn interest and pay bills, but they do not support pre-authorized debits, cheques or sending e-Transfers, so they cannot fund payroll and Float says they cannot replace a primary bank account. A Quebec business leans Float, because Venn does not serve Quebec. A business outside Quebec that wants one operating account leans Venn. Both connect to Xero.

Float has a free Essentials plan ($0 per user; card FX and wire fees still apply) and a Professional plan that starts at $100 a month in CAD, which includes your first 10 active users, then $10 for each additional active user. Professional is what our link makes free for 12 months. After that you stay on Professional, billed month to month, or drop back to Essentials. Enterprise pricing is custom.

Yes. Float balances earn a base rate of 2.5% on CAD and 2.75% on USD, calculated daily and paid on the first of each month once your business passes verification; the rates are variable. Float pays it as a cash reward and issues no T5, so tell your accountant. Cashback is 1% only on card spend above $25,000 a month, counted separately for CAD and USD cards; bill payments and reimbursements do not earn it.