Mylo and CanadaHelps are making it easier to give back
with Round Up to Give
CanadaHelps is Catholic Kids Net, Inc., online donation partner! CanadaHelps' mission to inspire giving, recently they have teamed up with Mylo to enable donations made through the Mylo app, giving Mylo users a new way to support the charities they care about.
When you sign up for the Mylo app, they round up every purchase you make to donate the spare change to the charity of your choice. It’s now even easier to fit charitable giving into your life and your budget and it’s powered by CanadaHelps.
How Does It Work?
1) Create a Mylo account and link your bank to the app.
2) Select a Catholic Kids Net, Inc. and set a donation goal.
Mylo rounds up each purchase you make to the nearest dollar and donates the total each month to the charity you selected using CanadaHelps!
Access your charitable tax receipts anytime right in your Mylo app.
Why Sign Up?
An easy, automated way to give
Donate without changing your lifestyle or feeling the difference in your bank account.
You could lower your tax bill
You may be entitled to receive as much as 52% of your donation back at tax time. Your receipt will be available in your Mylo account.
Share the love to support your cause
Refer friends to Round Up to Give and you’ll earn $5 to donate to your favourite charity and so will they!
Frequently Asked Questions
CanadaHelps has always been committed to connecting Canadians to the charities they care about and this partnership provides a new, impactful way to support the charities they care about. In particular, it’s a great way to help Canadians new to giving or on a tight budget, to discover and support any registered Canadian charity.
As always, you can give with confidence, knowing you will receive an official tax receipt and that the funds will be promptly sent to the designated charity.
When you donate through CanadaHelps, you can access your official tax receipts for the prior year using our tax receipt generator tool or you can access all your receipts anytime in your CanadaHelps account.
When you donate through Mylo’s Round Up to Give, your receipts are available in your Mylo app at the end of each month.
Mylo charges a $1 per month flat fee to use their platform. Each donation is subject to a processing fee of 2% of your total donation. The fees cover CanadaHelps’ platform and banking fees for processing your donations, and support the work that CanadaHelps does to provide charities with affordable access to online fundraising and educational tools. You always receive a tax receipt for 100% of the value of your donation. The charity receives the amount of your donation less our processing fee.
The average Mylo user generates around $10 in roundups per week, but you might generate more or less depending on how frequently you use your debit and credit cards. There are also three ways that you can reach your donation goal faster: give your savings a boost by depositing a lump sum donation to your selected charity, multiply your roundups, or earn $5 towards your goal for every friend you successfully refer to Mylo.
You can sign up for Mylo online or through the Mylo app. In order to manage your charitable giving as part of Round Up to Give, you must download the Mylo iOS app or the Mylo Android app. You will need an iPhone, iPad or iPod touch running iOS 9.3.5 or higher or an Android device running 4.4 or higher. You must also link a minimum of one bank account to the app to get you started on funding your goals.
You can withdraw money from your donation goal anytime, at no cost, but be sure to do this before the last Friday of the month. That’s when Mylo submits your donation to CanadaHelps for processing and disbursement to the charity you selected. Like all charitable donations, donations made through the Mylo app are non-refundable.