Quarters Launches Home Savings Rewards Program
Quarters Launches Home Savings Rewards Program
Quarters, a Toronto-based PropTech, has introduced Canada’s first rewards program focused on housing. The platform helps Canadians turn everyday spending - like coffee, groceries, or fitness - into savings for housing costs such as down payments, rent deposits, or mortgage payments.
In partnership with Flinks, an open banking provider, Quarters uses secure financial data to track spending and milestones, rewarding users for their daily purchases.
How It Works
Through Quarters, Canadians earn rewards on debit and credit purchases, which are saved toward their housing goals. Whether it’s a coffee or a gym session, each transaction brings users closer to affording a home. Partner businesses offer boosted rewards, speeding up savings and creating a loyalty system that benefits both consumers and businesses.
With Flinks’ open banking technology, Quarters securely tracks spending and milestones, turning daily purchases into real housing savings. This makes saving automatic, personalized, and secure - built seamlessly into everyday routines.
What This Means for the Industry
Consumers:
Offers a tangible way to save for housing in a high-cost market by embedding savings into everyday spending.
Businesses:
Creates a loyalty ecosystem where businesses reward customers while strengthening engagement.
PropTech & FinTech Ecosystems:
Demonstrates how open banking can power innovative, scalable solutions for major financial milestones like homeownership.
