--> --> We Gave Away A Tesla (And We’re Giving Away A Lot More Very Soon!) | creditcardGenius --> --> -->   App Exclusive: $150 GeniusCash on a card with unreal cash back! Download Now × 5 Hello! Sign In $150 Cash Back Compare Credit Cards Compare Credit Cards Compare Credit Cards Find Your Credit Card Quick Compare Top Credit Card Deals No Fee First Year Free Credit Card Quiz By Type Rewards Low Interest Balance Transfer Business Student Prepaid By Rewards Cash Back Travel Air Miles Aeroplan Store Grocery Reviews American Express Cobalt: Award-Winning. Limit-Pushing. Unmatched. BMO Ascend World Elite: Travel Rewards Reach New High American Express Gold Rewards: Your Ticket to Luxury TD® Aeroplan® Visa Infinite: Your Best Card for Air Canada Perks MBNA Rewards World Elite: Canada's Best Kept Secret BMO AIR MILES®† Mastercard: Groceries today. Getaways tomorrow. GeniusCash credit cards = more cash in your pocket! 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Hard Credit Check How To Protect Your Credit Score Must Read Best Instant Approval Credit Cards ‒ From No Credit To Excellent Credit Credit Cards For Bad Credit Secured Credit Cards Tangerine Money Back Credit Card KOHO Prepaid Mastercard Review Credit Card Quiz creditcardGenius Disclosure creditcardGenius receives a referral fee for some credit cards listed; however, our comprehensive and math-based algorithm solely dictates the results of our rating system. Our ratings and rankings are strictly independent of compensation. Click to read our detailed disclosure . Our disclosure We Gave Away A Tesla (And We’re Giving Away A Lot More Very Soon!) Written by creditcardGenius Team   updated on Dec 19, 2022 Fact Checked Fact Checked Accuracy is important to us so this article has gone through a thorough 3-stage review process and fact-checked by our team. The dust has finally settled on one of the biggest giveaways in Canada. creditcardGenius was proud to announce that our winner, Tony Yip, was able to pick up his brand new Tesla Model 3 in November 2022. Here’s how that day went. It was a long and rewarding journey to bring such a big contest to Canada, but with all the smiles from Tony and over 6,000 others who were able to score some free cash along the way, it was more than worth it. But how did we get to this point? Why did we even decide to give away a Tesla? Was it worth it? Let’s take a step back in time and relive this crazy journey. In this article How the launch of GeniusCash (and Mr. Beast) inspired the Tesla Giveaway Initial challenges for the creditcardGenius Tesla giveaway How we were cautiously optimistic about reaching 5,000 entries We had our Tesla giveaway winner – here’s how we got him the car The future: The Mountain Of Prizes giveaway Never miss an amazing deal again + get our bonus 250+ page eBook for FREE . Join 50,000 other Canadians who receive our weekly newsletter – learn more . How the launch of GeniusCash (and MrBeast) inspired the Tesla Giveaway The launch of GeniusCash was a monumental landmark in creditcardGenius history. For the first time, the creditcardGenius team was now able to directly reward Canadians for making wise credit card decisions instead of relying on 3rd party products such as free Amazon gift cards . But we didn’t want to just have a simple, $1,000 giveaway . We wanted to go big. And one of the inspirations was MrBeast, the famously generous YouTuber, who in the past had given away ridiculously lavish gifts, including giving 40 cars at once to his 40,000,000th subscriber. And yes, one of those 40 cars happened to be a Tesla with a custom vinyl wrap with the words “40 million” on it. So what would be an appropriate gift for a company called creditcardGenius? Frankly, we couldn’t think of something smarter than a pioneering electric vehicle that can drive itself. Thus the idea of giving away a Tesla Model 3 was born . Initial challenges for the creditcardGenius Tesla giveaway As you know, the smartest cars on the road aren’t cheap. So if we were to have a promotion that helped spread the word about GeniusCash, but didn’t bankrupt our marketing department, we had to set a goal. If we reached 5,000 approved GeniusCash credit card offers, we were going to give away the brand new Tesla. But if for some reason we weren’t able to reach that magic number, we still wanted to go big, and give an alternative prize of $10,000. Not as flashy or exciting as a Tesla, but still far larger than anything we had ever given out before. Thus the “Win $10k or a Tesla giveaway” was officially launched. How we were cautiously optimistic about reaching 5,000 entries We really, really wanted to give away the Tesla. But we did specify that we needed to hit 5,000 payouts first. From day one, it was clear that reaching our goal needed some good-old fashioned hard work, gumption, and determination. You know…everything our grandpas would constantly remind us that they had to do to succeed in the 50’s. But progress didn’t happen as quickly as we thought it would. We thought the idea of giving cash back, helping people find the right credit card, AND having the chance to win a brand new Tesla would be more than enough to make the offer go viral. Nope. In fact, it took several months to reach the first 1,000 GeniusCash payouts. Thankfully, our small but mighty team is not one to give up easily. They put in the extra hours to ensure that not only would we meet our goal of 5,000 satisfied customers, but also make sure GeniusCash was a long-term success But at the end of the day, success was heavily dependent on you, our beloved readers. Without your help, there would be no creditcardGenius. We knew it wasn’t a given that we’d hit 5,000 entries, so we worked that much harder to make sure as many people as possible were aware of the contest. Suddenly trouble near the finish line The original deadline for the end of the contest was the end of June 2022. And as the deadline approached, we made steady progress towards the magic 5,000 GeniusCash payouts. Unfortunately, it was becoming clear that we would just barely miss the mark. So we had to make a choice: Give away $10,000 just like we promised. Extend the deadline for JUST a bit longer to make sure we hit the 5,000. After long consideration, the temptation was simply too great. We REALLY REALLY wanted to see one of you drive away in that Tesla, meet you in person, and celebrate together. After extending the deadline by a month, we didn’t just meet 5,000, we exceeded it by 1,600! We had our Tesla giveaway winner – here’s how we got him the car Fast forward to the big day – August 12, 2022. The day we officially chose our winner. With a full 80’s retro futuristic theme and clothing to match, we got up bright and early to draw the winner. Months of work all led up to this point, and we were all brimming with excitement. We could tell you about it, but why not show it to you too? To make the draw happen, we took all valid entries, placed them in a random name picker called AppSorteos, and drew 4 names. The 1st one being the winner and 3 backups who’d be contacted if we couldn’t reach Tony within 72 hours of the draw. Thankfully, we did. Our excitement when we drew the winner Once the event was over, we reached out to Tony (who actually happened to be living in the same city as one of our staff), who promptly reached out to our customer service team inquiring if this whole creditcardGenius Tesla Giveaway was a scam or legit. Spoiler alert: It was legit, and the brand-new Tesla Model 3 was given away…months later. The long wait for the Tesla order Ordering a Tesla isn’t as simple as driving to a local dealership, taking it for a test drive, signing the papers, and driving away. Tesla is a different beast. The ordering process is done online, and orders are fulfilled months down the road. The chip shortage and general supply issues the whole world faced between 2020 – 2022 certainly made things more difficult. In addition, Tesla delivers their cars as soon as they are available. Estimated time of delivery could change quickly, and buyers might be expected to pick up their car with just a week or 2 of advance notice. Normally, this isn’t that big of a deal. But for a company primarily staffed by Maritimers, who also needed to coordinate banners, videographers, scripts, flights, hotel tickets, etc., 2 weeks is an extremely short amount of time. So of course, we immediately contacted Tony and asked if he was available the following week to come pick up the car, be interviewed, and hang out with a couple of the cool guys from our team. He was, and after a few meetings with Tesla, the date was set for pickup. Now that’s grrrrrreeeaat! We flew out to Vancouver to meet our winner It was a super-tight schedule, but we made it work. Our content marketing specialist flew all the way across the country, and met up with creditcardGenius’s editor on location. It was a cold, crisp November Saturday morning. The creditcardGenius representatives, the videographers, and our winner met up at the Vancouver Tesla fulfilment center. Tony arrived to whoops and hollering of, well…4 people. Due to Tesla’s internal policies, we weren’t allowed to film on location and capture the exact moment Tony signed the final documents that officially made him the owner. So to capture his thoughts and help celebrate the end of the biggest giveaway we’ve ever done, we took him to Stanley Park to celebrate. After an interview and some photos, we bid adieu to Tony and got off his property (after giggling like caffeinated chipmunks), and made our way home. It was a long day (more like a long 12 months!), but we had done it. We had given away a Tesla. The future: The Mountain Of Prizes giveaway After giving away such a momentous prize, we got some questions about when our next contest would be. As much as we would love to give away an electric car every year, we decided that it would be in everyone’s best interest if we got back to what we do best: reviewing the best credit cards in Canada, and telling you about the best deals in Canada. So for the moment, there is no grand contest on creditcardGenius. However… We do have another contest that’s currently running on our sister site, moneyGenius.ca , called the Mountain Of Prizes. moneyGenius goes beyond just credit cards. It also compares, reviews, and recommends hundreds of personal finance products across 7 categories. From credit cards and banking, all the way to loans and insurance. And whenever you get a financial product with the GeniusCash logo, not only will you receive GeniusCash cash back, but you’ll also receive a chance to win one (or more) of 15 prizes. Yes, the combined value of the prizes in the Mountain Of Prizes contest is over $20,000 , and we’re just itching to give it all away. You can have up to 5 entries and each entry is eligible to win any prize in the contest, so stack them up and you could be in line to win more than once. And even if you don’t win, you’ll still be the proud owner of one of the most solid financial products in the country and have some extra GeniusCash in your pocket. So good luck, we’re cheering you on! creditcardGenius is the only tool that compares 126+ features of 227 Canadian credit cards using math-based ratings and rankings that respond to your needs, instantly. Take our quiz and see which of Canada's 227 cards is for you. Did you find this article helpful? Yes No Editorial Disclaimer : The content here reflects the author's opinion alone. No bank, credit card issuer, rewards program, or other entity has reviewed, approved, or endorsed this content. For complete and updated product information please visit the product issuer's website. Our credit card scores and rankings are based on our Rating Methodology that takes into account 126+ features for each of 227 Canadian credit cards. Hot Credit Card Deals This Month Hot Credit Card Deals This Month: Get even more cash back with exclusive offers only available on the GeniusCash app Explore bigger GeniusCash offers that you won't find anywhere else. Connect your credit cards and unlock bonus cash on your spending that you won't get anywhere else. Explore customized recommendations to help you find the best products to level up your rewards. Be the first to know about new, limited-time GeniusCash offers so that you never miss a deal. Refer your friends and family to earn bonus levels and extra cash back. Up to 90,000 100,000 bonus points + 4 free lounge passes per year + $125 GeniusCash Earn up to 5x the points on purchases. 90,000 100,000 point welcome bonus worth up to $670. Includes a Mastercard Travel Pass membership with 4 free passes.. Annual fee of $150, which is waived for the first year. $125 GeniusCash on approval ‒ offer ends Dec 31, 2025. * Earn up to 165,000 bonus points + First year annual fee rebate + $20 GeniusCash Earn up 165,000 TD Rewards points as a welcome bonus. Earn 8 points per $1 spent on travel through Expedia For TD. Earn 6 points per $1 spent on groceries and restaurants. Annual $100 travel credit for use at Expedia For TD. $20 GeniusCash on approval ‒ offer ends Nov 30, 2025. * 0% interest for 12 months with Canada's #1 balance transfer promotion + $20 GeniusCash Best balance transfer rate in Canada. You can get a 0% promotional balance transfer rate for 12 months to help you pay off pre-existing credit card debt. Permanent low interest rates of 12.99% on purchases and 17.99% on balance transfers (24.99% on cash advances). No annual fee. $20 GeniusCash on approval ‒ offer ends Nov 30, 2025. * $20 GeniusCash on approval ‒ offer ends Nov 30, 2025. * Bonus : Finally earn rewards on your biggest expense by paying for your rent and other bills with Chexy. Related Posts We Gave Away A Tesla (And We’re Giving Away A Lot More Very Soon!) My Electric Car Experience With A Hyundai Ioniq 5 A Tesla Giveaway To Celebrate Launching GeniusCash Tesla Model 3 – Are They The Smartest Cars On The Road? Comments Leave a comment Required fields are marked with *. Your email address will not be published. Post Comment Showing 2 comments Tony Yip December 22, 2022 This is Tony Yip, the guy who won the Tesla. First off, this comment is unsolicited; creditcardGenius did not ask me to write this. I’d just like to provide a perspective from my side. When travel restrictions eased, I started looking for a credit card that provides good travel insurance. I find that creditcardGenius gives balanced credit card reviews and offers GeniusCash so I applied through them. When I didn’t get my GeniusCash after a while, they reached out to me asking me to open a ticket—first good impression. In Aug. when I first got the email telling me I had won, I was skeptical and emailed creditcardGenius separately to ask if the sender is on their staff. After responding to that email, I’ve met many of the creditcardGenius staff via Zoom and email, and finally met two of them in person when I took delivery of the Tesla months later in Nov. I’m impressed by creditcardGenius staff’s professionalism, energy, and authenticity. They sent me the deposit so that I can order the Tesla in my name. They made it clear that the prize included the price of the Model 3 base model, documentation fees, and taxes. Other options, upgrades, and insurance would be paid by me. We had a Zoom call to order the Tesla together. Then came the long wait for the car (from Aug. to Nov.) Needless to say, I was very impatient to get the car. creditcardGenius and I kept in touch. Since the car is in my name, I get the delivery schedule updates but creditcardGenius has to make the full payment for the car. Once the car was ready, Tesla gives a very short time frame to pick up the car or Tesla would give the car to the next person in line. Somehow, we managed to coordinate everything and creditcardGenius was able to send someone to present the prize in person and do a video. It’s been quite a wild ride from fully realizing that I had won a Tesla to actually driving the Tesla off the lot. In the process, I’ve met many of the very personable and professional people at creditcardGenius. Thanks. Reply Yulia December 22, 2022 Hey Tony! Thank you so much for the kind words! Everybody on our team was really happy to get to know you, and we could not have asked for a more gracious Tesla winner! Happy Holidays from the whole creditcardGenius Team, and enjoy your new Tesla!!! 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Resources Review Your Card Credit Card FAQ Sliders Credit Card Quiz Company About Careers Scholarship Disclosure Help Contact GeniusCash Report Bug   Privacy Policy | Terms | Security Province: Alberta British Columbia Manitoba New Brunswick Newfoundland and Labrador Nunavut Northwest Territories Nova Scotia Ontario Prince Edward Island Quebec Saskatchewan Yukon Copyright © 2025 WeyMedia Inc. 200 Champlain St. Suite 210, Dieppe, NB E1A 1P1 ◊ The creditcardGenius algorithm, based on our Rating Methodology , calculates an estimated dollar value for all rewards and bonuses by combining typical monthly spending with well-researched reward point value estimates . "Annual Rewards" is calculated by combining our default $2,000 in monthly spending ($24,000 annually) spread across 8 different spending categories (gas, groceries, travel, etc) with our point value estimates. "Welcome Bonus" is calculated by combining all one-time bonuses available to new cardholders within the first year with our point value estimates. To qualify for the full bonus you may need to make purchases, meet minimum spending requirements, or complete special actions. "Annual Interest Savings" is based on a credit card balance of $8,000 and a standard credit card interest rate of 19.99%. Annual Rewards, Welcome Bonus, and Annual Interest Savings values will change if the person adjusts their monthly spending away from the $2,000 monthly default or changes their reward preferences. *, † Terms and conditions apply. Your feedback matters What do you think of creditcardGenius? Needs work It's ok It's great! Disclosure creditcardGenius receives a referral fee for some credit cards listed; however, our comprehensive and math-based algorithm solely dictates the results of our rating system. Our ratings and rankings are strictly independent of compensation. Read our detailed disclosure about how CCG makes money. Never miss a deal Unlock VIP-access to exclusive GeniusCash deals, credit card offers, and the biggest money news. Bonus : Get our 250+ page money-saving eBook for free. We promise to keep your email safe. We hate spam too. Unlock my deals Glad we could help you choose the right credit card for you. Never Miss A Deal Want to get hot credit card news and offers directly to your inbox? Bonus : Get our free 250+ page eBook that will save you $1000s per year Keep Me Updated No thanks, I don’t want credit card deals. Glad we could help you choose the right credit card for you. Before you continue your application ... Never Miss A Deal Want to get hot credit card news and offers directly to your inbox? Bonus : Get our free 250+ page eBook that will save you $1000s per year Keep Me Updated No thanks, I don’t want credit card deals. 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