This Diwali, Beacon is giving you multiple ways to make your money go further: a special rate of ₹80 for every $1 CAD on your first transfer to India (up to $300, November 4–11, 2026), and 10% cashback on Beacon Card purchases all month long.
Diwali is about light, family and new beginnings. For millions of Indians in Canada, it is also the time of year we send gifts home, help with festival shopping and pay for family celebrations. We built these offers so more of your money reaches the people you love.
Quick answer: what are Beacon’s Diwali 2026 offers?
| Offer | What you get | Who it’s for | When |
|---|---|---|---|
| Diwali exchange rate | $1 CAD = ₹80 on transfers up to $300 (up to ₹24,000 received) | New Beacon users | November 4–11, 2026 |
| Beacon Card cashback | 10% cashback on any Beacon Card transaction, up to $20 per transaction | Beacon Card holders | All of November 2026 |
Offer 1: Get ₹80 for every $1 when you send money to India
New Beacon users get a special Diwali exchange rate of $1 CAD = ₹80 on transfers to India, for up to $300 CAD, from November 4 to November 11, 2026.
That means if you send the full $300, your family receives ₹24,000. Send less, and the same ₹80 rate still applies to every dollar.
| You send (CAD) | Your family receives (INR) |
|---|---|
| $50 | ₹4,000 |
| $100 | ₹8,000 |
| $200 | ₹16,000 |
| $300 | ₹24,000 |
Money arrives fast. Send directly to any Indian bank account or a UPI ID, and Beacon says 98% of UPI transfers land within a minute. Your Diwali gift can reach home before the diyas are lit.
The rate is only for new users and only for one week, so download Beacon and send before 11:59 p.m. on November 11.
Offer 2: 10% cashback on every Beacon Card transaction
All through November 2026, you get 10% cashback on any transaction made with your Beacon Card. Spend $100 on Diwali sweets, clothes, decorations or gifts, and get $10 back. Cashback is capped at $20 per transaction, so every purchase up to $200 earns the full 10%.
The Beacon Card is a Visa prepaid card linked to your Beacon Money account, issued by Digital Commerce Bank. You can use it anywhere Visa is accepted in Canada, in stores and online.
Use it for everything on your festival list:
- Mithai, dry fruits and groceries for the Diwali feast
- New clothes, jewellery and gifts for family and friends
- Diyas, rangoli colours, lights and home decorations
- Everyday spending like transit, coffee and bills
This offer runs for the whole month, so keep using your card after Diwali to keep earning.
How to claim both Diwali offers
You can claim both offers in a few minutes, all inside the Beacon app.
- Download the Beacon app from the App Store or Google Play.
- Sign up and verify your identity. Onboarding is fully digital, so there are no branch visits.
- Open your Beacon Money account and add funds from your Canadian bank.
- Send money to India between November 4 and 11. Choose UPI or an Indian bank account, and the ₹80 rate is applied automatically to your first $300.
- Use your Beacon Card for purchases through November 30 and earn 10% cashback on each one.
Is Beacon safe? Yes, and here’s how we’re regulated
Beacon is registered with FINTRAC as a Money Services Business and with the Bank of Canada as a payment service provider, and our India transfers run within RBI and NPCI frameworks. Great rates only matter if your money is safe, so here is exactly who oversees Beacon.
| Regulator or partner | Country | What it means for you |
|---|---|---|
| FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) | Canada | Beacon is a registered Money Services Business (MSB). We follow Canada’s anti-money-laundering (AML) and know-your-customer (KYC) rules. |
| Bank of Canada | Canada | Beacon is registered as a payment service provider under the Retail Payment Activities Act (RPAA), which sets rules for safeguarding customer funds and managing operational risk. |
| Reserve Bank of India (RBI) and NPCI | India | Transfers to UPI IDs, Indian bank accounts and India Bill Pay (through Bharat Connect) work within RBI and NPCI frameworks. Beacon Remit, for money moving from India to Canada, uses an RBI-approved solution. |
| Digital Commerce Bank | Canada | Issues the Beacon Visa prepaid card. |
| BMO (Bank of Montreal) | Canada | Beacon uses BMO’s banking services to support its money transfers. |
What this means in practice:
- Every user is verified, which keeps fraud and stolen identities off the platform.
- Large transactions are reported as Canadian law requires. Transfers of $10,000 or more are reported to FINTRAC.
- Your money moves through regulated banking partners and official Indian payment rails, not informal channels.
- You see the exchange rate and fees before you send, with no hidden charges.
You can check Beacon’s registrations yourself on FINTRAC’s MSB registry and the Bank of Canada’s PSP registry.
Frequently asked questions
What is Beacon’s Diwali 2026 offer? Beacon has two Diwali offers. New users get $1 CAD = ₹80 on transfers to India up to $300, from November 4 to 11, 2026. Beacon Card holders get 10% cashback on any card transaction, up to $20 per transaction, throughout November 2026.
Who can get the ₹80 exchange rate? The ₹80 rate is for new Beacon users who make a transfer to India between November 4 and November 11, 2026.
How much can I send at the ₹80 rate? You can send up to $300 CAD at the ₹80 rate, which means your recipient gets up to ₹24,000.
How long does the Beacon Card cashback offer last? The 10% cashback offer runs for the full month of November 2026.
Does the cashback apply to all purchases? Yes, the 10% cashback applies to any transaction made with your Beacon Card during the offer period. Cashback is capped at $20 per transaction, so purchases up to $200 earn the full 10%.
Is Beacon a safe way to send money from Canada to India? Yes. Beacon is registered with FINTRAC as a Money Services Business and with the Bank of Canada as a payment service provider under the Retail Payment Activities Act. Transfers to India use UPI and Indian bank rails within RBI and NPCI frameworks.
How fast does money reach India with Beacon? Beacon says 98% of UPI transfers arrive within one minute.
Can I send money to a UPI ID from Canada? Yes. With Beacon you can send Canadian dollars directly to an Indian UPI ID or an Indian bank account.
Celebrate Diwali with more for your family
Send home more this Diwali with ₹80 per dollar, and save on every festival purchase with 10% cashback, all from one regulated, Canadian app built for the Canada–India community.
Download Beacon today. The ₹80 rate ends November 11, 2026.
Shubh Deepavali from all of us at Beacon.
Terms and conditions apply. The ₹80 exchange rate is available to new Beacon users only, on transfers up to $300 CAD made between November 4 and November 11, 2026. The 10% cashback offer applies to Beacon Card transactions made between November 1 and November 30, 2026, with a maximum of $20 cashback per transaction. See full offer terms for eligibility, cashback limits and payout timing.
