Find an updated list of Simplii Financial bonuses, promotions and offers here.
They are an all-digital banking division of the Canadian Imperial Bank of Commerce and were founded in November 2017 and now serves almost 2 million clients.
Simplii Financial Promotions Review Below
Simplii Financial Bonus: $350 Chequing Account Offer
- What you’ll get: $350
- Eligible account: No Fee Chequing account
- Where it’s available: Canada (Except Quebec)
- Direct Deposit Required: Yes
- Monthly fee: No monthly fees
- How to earn it:
- Open a No Fee Chequing Account.
- Add an eligible direct deposit of at least $100 a month for 3 straight months.
(Expires 03/31/2023)
| Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
| Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
Fine Print
- Eligibility:
- This Offer is open only to Canadian residents who:
- (i) have reached the age of majority in their province of residence; and
- (ii) have no prior banking relationship with Simplii Financial prior to the beginning of the Offer Period.
- This Offer can be combined with all other offers unless otherwise indicated.
- Individuals who meet the foregoing eligibility requirements and otherwise comply with these Terms are referred to as “Eligible Client(s)”.
- This Offer is open only to Canadian residents who:
- Offer Requirements:
- To qualify for the Offer and receive the Cash Reward, an Eligible Client must:
- (i) open a New Account as the primary account holder during the Offer Period;
- (ii) within 120 days from the date the New Account is opened, set up one or more Eligible Recurring Direct Deposits totaling at least $100 of deposits per month into the New Account; and
- (iii) have such Eligible Recurring Direct Deposit(s) credited to the New Account for at least three (3) consecutive months within the above 120-day time period.
- “Eligible Recurring Direct Deposits”: Most automated and recurring direct deposits are eligible. Examples of common recurring direct deposits include: payroll, pension direct deposits, old age security, disability payments, and governmental deposits, such as employment insurance.
- To qualify for the Offer and receive the Cash Reward, an Eligible Client must:
- Payment of Cash Reward:
- If an Eligible Client qualifies to receive the Cash Reward, the Cash Reward will be directly deposited to the New Account (which must remain active and in good standing at the time the Cash Reward is deposited) in the fifth month following the month the New Account is opened. For example, a qualifying Eligible Client who opened a New Account in February 2022 will receive the Cash Reward in July 2022.
- If a qualifying Eligible Client has more than one New Account that is active and in good standing at the time the Cash Reward is to be deposited, the Cash Reward will be paid into the New Account with the most recent transaction date, regardless of whether any of the accounts are joint accounts.
Simplii Financial: High Interest Savings Account (HISA) Promo
Right now if you sign up with Simplii Financial you will have the opportunity to earn a 5.25% interest on savings.
Limited Time Offer
- New Client Offer: Earn 5.25% interest on your savings.
- Open an account and get a special interest rate for deposits up to $1,000,000.
- Limits apply.
- Promotional period from 11/01/2021 until 04/30/2022.
(Expires 10/31/2022)
Product Highlights
- Great rates on every dollar
- No minimum balance
- No monthly/transaction fees
- Complete digital signup
- Easily set up automatic deposits
- Pre-authorized Bill Payments
- Account to Account Transfers
| Annual Interest Rate | Annual Fee |
| 5.25% | $0 |
Simplii Financial: Cash Back Visa Card
With Simplii Financial you can earn cash back with no annual fee with their visa card!
(Visit Simplii Financial to learn more)
Product Highlights
- You can earn cash back on:
- 4% cash back on eligible restaurant, bar and coffee shop purchases, up to $5,000 per year- after that 0.5% unlimited.
- 1.5% cash back on eligible gas, groceries, drugstore purchases and pre-authorized payments, up to $15,000 per year – after that 0.5% unlimited.
- 0.5% cash back on all other credit card purchases with no limit on how much you earn.
- Benefits
- Gain access to Canada’s richest cash back no fee card for eating out. No limit to the total cash back you can earn.
- No annual fee – Get all the benefits of the Simplii Financial™ Cash Back Visa Card with no annual fee.
- Add up to 3 additional cardholders and earn cash back faster. You can set spending limits.
- Coverage
- Purchase Security and Extended Protection Insurance (included)
- CIBC Payment Protector™ Insurance for Credit Cards (optional extra)
- CIBC Travel Medical Insurance (optional extra)
| Purchase Interest rate | Cash Interest rate | Grace Period | Intro Offer | Annual Fee | Min Annual household income |
| 19.99% | 22.99% | 21 day interest- free grace period on new Purchases | Get 9.99% introductory annual interest on purchases for the first 6 months
For your first 4 months, enjoy 10% bonus cash back at restaurants and bars up to $500 spend. |
$0 | $15,000 |
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Conclusion
Hopefully the above information helped you learn more about these bonus offers from Simplii Financial! They offer variety of checking options and features so be sure to take advantage if this account interests you!
Furthermore, feel free to comment on this post with any questions you may have about Simplii Financial, their accounts they offer, or coupon codes.
Remember, check back often for more Simplii Bonuses, Promotions, or Offers!
