It's simple. With a no-fee chequing account, you get free daily banking.

Welcome offer

Earn $200 when you become a new client

Limits apply. Offer ends October 31, 2021.

More reasons to love this account

Have your cheque deposited directly into your Simplii account and have access to your money right away. To download your direct deposit form, sign in to Online Banking and select "More Services".

Learn more about direct deposit

You can add Overdraft Protection up to $5000, to your account to help you with unexpected expenses. If you use it, bring your account to a positive balance for one full business day per calendar month. You’ll only be charged when you use the service.

Never miss a payment. Set up automatic payments and pay your bills on time, every time. You can authorize billing companies to take payments when they’re due. To download your Automatic Payments form, sign in to Online Banking and select "More Services".

Make transferring money between accounts a breeze. Set up automatic transfers through your online banking, follow the steps, and you'll be on your way.

Bring a friend. Earn $50. Repeat. 

You and a friend could both earn $50 when they open a No Fee Chequing Account or another eligible account with your unique referral link. The best part - there’s no limit to the bonus cash you can earn! So share your link and get rewarded. 

$0.00 to $1,000.00

RDSRDS%rate[3].false.Published(undefined,0.00-1000.00,annual_rate,undefined-undefined-undefined-undefined-undefined)(#O2#)%

$1,000.01 to $5,000.00

RDSRDS%rate[3].false.Published(undefined,0.00-1000.00,annual_rate,undefined-undefined-undefined-undefined-undefined)(#O2#)%

$5,000.01 to $10,000.00

RDSRDS%rate[3].false.Published(undefined,0.00-1000.00,annual_rate,undefined-undefined-undefined-undefined-undefined)(#O2#)%

$10,000.01 to $25,000.00

RDSRDS%rate[3].false.Published(undefined,0.00-1000.00,annual_rate,undefined-undefined-undefined-undefined-undefined)(#O2#)%

$25,000.01 and up

RDSRDS%rate[3].false.Published(undefined,0.00-1000.00,annual_rate,undefined-undefined-undefined-undefined-undefined)(#O2#)%

Interest is calculated by multiplying the daily interest rate for each tier by the portion of the daily closing balance in that tier.

Rates subject to change without prior notice.

On all overdraft balances

RDS%rate[3].true.Published(undefined,undefined,annual_rate,undefined-undefined-undefined-undefined-undefined)(#O2#)%

A monthly charge will apply when you use this service, in addition to a fixed interest rate on overdraft balances.

New in Canada? Make the switch to digital banking.

Get the perks of no-fee daily banking with the New to Canada Banking Program. Complete the application online before you arrive or once you're here. Starting a new life can be complicated, but your banking doesn't have to be. 

Go digital to fit your lifestyle

Whether it's online or through the mobile app, you can bank anywhere at any time.

Verify your identity with ease

NEW Digital banking has never been so simple. Now with Document Verification by Verified.Me you can verify your identity safely from the comfort of your own home. 


CDIC Deposit Insurance Information Opens a new window in your browser.

Can't find what you're looking for?

Other questions people were interested in.