Why join Simplii

Woman sitting on the floor and using a smartphone

Use your computer, mobile device or any CIBC ATM to bank at your convenience. Your money is always where you are.

A woman looking at her phone in delight

Simplified banking is our promise to you. There are some people who like what we do as well.

Check out our awards

Simplii Dots winking happily

After you start banking with us, invite your friends to join Simplii and we’ll give you $50 for every friend who joins. Plus your friends get $50 too. 

Tell me more about the Simplii Refer-a-Friend offer.

We’re always working on new ways to improve your digital banking experience. Explore some of our new and upcoming features.

Tell me more about the Simplii Refer-a-Friend offer.

Make someone's day with a Simplii Financial™ Visa* Digital Gift Card

NEW Whether it's a birthday or holiday, create an unforgettable experience with a digital gift card that fits any lifestyle. Send one at any time so you'll never miss a special moment.

Start banking with us

A No Fee Chequing Account is free daily banking with unlimited debit purchases, bill payments and withdrawals. It’s our most popular account for setting up direct payroll deposit and pre-authorized bill payments, and there is no need to carry a minimum balance. Account-to-account transfers are easy and Overdraft Protection can be added. A No Fee Chequing Account is designed for day-to-day banking. If you want your money to grow, check out our High Interest Savings Account.

Meet your SDS (Student Direct Stream) study permit requirements with our no-fee GIC Program

Start your life in Canada with our No Fee Chequing Account and Visa* credit card

Earn student benefits with our No Fee Chequing Account and Cash Back Visa* card

A High Interest Savings Account lets you easily save your money without having it locked away for an extended period of time. There are no monthly or transaction fees, no minimum balance required and great interest rates are earned on every dollar. This account can be set up for automatic deposits but it isn’t meant to offer all the conveniences of our No Fee Chequing Account. A High Interest Savings Account isn’t available for ATM or Point-of-Sale transactions like our No Fee Chequing Account — which is the best choice for day-to-day banking.

A Personal Line of Credit is a revolving source of funds, up to an approved amount, that you can access when you need them. Any amount you repay is accessible to you again without reapplying. A line of credit lets you write cheques and make ATM withdrawals, and you only pay interest on the funds you use. It’s the preferred choice over a credit card if you plan on carrying a balance for an extended period of time. Check out our Simplii Financial™ Cash Back Visa* card if you want available credit and intend to pay off your balance every month.

A No Fee Chequing Account is free daily banking with unlimited debit purchases, bill payments and withdrawals. It’s our most popular account for setting up direct payroll deposit and pre-authorized bill payments, and there is no need to carry a minimum balance. Account-to-account transfers are easy and Overdraft Protection can be added. A No Fee Chequing Account is designed for day-to-day banking. If you want your money to grow, check out our High Interest Savings Account.

A High Interest Savings Account lets you easily save your money without having it locked away for an extended period of time. There are no monthly or transaction fees, no minimum balance required and great interest rates are earned on every dollar. This account can be set up for automatic deposits but it isn’t meant to offer all the conveniences of our No Fee Chequing Account. A High Interest Savings Account isn’t available for ATM or Point-of-Sale transactions like our No Fee Chequing Account — which is the best choice for day-to-day banking.

A USD Savings Account lets you grow your U.S. dollars with a great exchange rate. You can transfer funds from your Simplii Financial Canadian Dollar accounts to your USD Savings Account at great rates, and easily send money to over 130 countries around the world with a Global Money Transfer. There is no minimum balance required, no monthly service fees and you can deposit USD and non-USD cheques into the account. You can’t make cash deposits or withdrawals with a USD Savings Account and there is no ATM access or Point-of-Sale capability at this time. Check out our No Fee Chequing Account for day-to-day banking.

The Simplii Financial Cash Back Visa* Card can be used anywhere Visa* is accepted for in-person and online purchases, has no annual fee and offers the ability to earn cash back. New purchases are not charged interest if your balance is paid in full by the payment due date every month. Your payment due date is 21 days from your monthly statement date. You should make required monthly payments on time or the interest rates applicable to your account could increase. Interest is always charged for Cash Advances, Balance Transfers or Convenience Cheques — making it worth your time to inquire into our unsecured Personal Line of Credit. 

A mortgage is a loan secured by your home or other property, and we register a charge or line on the title. Simplii offers competitive mortgage rates and special features such as longer rate guarantee periods, prepayment privileges, adjustable and fixed rates and more! A dedicated Mortgage Specialist will be assigned to discuss your application and will be there to assist you with any questions you may have, every step of the way.

Whether you’ve graduated from medical school or you’re starting a new life in Canada, our special mortgage programs are tailored to you. Make your home purchase a reality.

A Personal Line of Credit is a revolving source of funds, up to an approved amount, that you can access when you need them. Any amount you repay is accessible to you again without reapplying. A line of credit lets you write cheques and make ATM withdrawals, and you only pay interest on the funds you use. It’s the preferred choice over a credit card if you plan on carrying a balance for an extended period of time. Check out our Simplii Financial Cash Back Visa* card if you want available credit and intend to pay off your balance every month.

A Secured Line of Credit is a revolving source of funds, up to an approved amount, that you can access when you need them. Also referred to as a Home Equity Line of Credit, the funds in this account are secured against your property. Any amount you repay is accessible to you again without reapplying. A line of credit lets you write cheques and make ATM withdrawals, and you only pay interest on the funds you use. A dedicated Mortgage Specialist will be assigned to discuss your application and will be there to assist you, every step of the way. If you wish to have a Line of Credit that isn’t secured against your property, check out our Personal Line of Credit.

A Personal Loan is a convenient way to borrow a lump-sum amount. You can have peace of mind repaying the loan with fixed monthly payments over a predetermined period, or prepay your loan at any time without penalty. Simplii offers competitive fixed interest rates and variable interest rates. If you want access to borrowed funds only when you need them, review a Personal Line of Credit. Unlike a Personal Loan, a line of credit lets you write cheques and make ATM withdrawals, and you only pay interest on the funds you use.

Be protected when unexpected things happen

To apply, call us at 1-888-723-8881Opens your phone app..

To apply, call us at 1-888-723-8881Opens your phone app..

An RRSP is meant to provide income after you retire. There is no minimum age requirement to open, as long as you've earned income and filed a tax return. Contributions are tax deductible but when you withdraw any funds, the amount is taxable unless, for example, you are eligible to use the funds as a first-time home buyer. Withdrawals are considered as income and may impact amounts you receive from income-tied government benefits or credits, whereas withdrawals from a Tax-Free Savings Account are not considered as income and do not impact amounts you receive from income-tied federal government benefits or credits.

Start with as little as $100 and earn a guaranteed rate

A Tax-Free Savings Account (TFSA) is designed to help you save money for a wide range of goals — not just retirement. Contributions are not tax deductible, but all the interest and income earned is tax free. Any money you withdraw is tax free too. You can access funds from your TFSA any time without penalty and recontribute up to your personal TFSA contribution room. You get competitive interest rates and there is no need to keep a minimum balance. Unlike a Registered Retirement Savings Plan, you don’t need to close your account when you reach a certain age. If saving for retirement is what you are looking to do, then an RRSP may also be appropriate for your needs.

To apply, call us at 1-888-723-8881Opens your phone app..

Services that suit your needs

Send, request and receive money for free, quickly and securely.

Learn about Interac e-Transfer

Pay tuition and take care of loved ones around the world with $0 transfer fees. 

Learn about Global Money Transfer

Order foreign currency online and get it delivered free to your home or nearest Canada Post office.

Learn about Foreign Cash

Use your Simplii online banking information to sign on to over 80 Government of Canada sites.

Learn about Government Sign-In by Verified.Me

Send a personalized digital gift card for free today.

Learn about Digital Gift Cards Opens in a new window.

Bank your way

24 hours a day

Bank online, on your mobile device or at any CIBC ATM. Need help? Our call centre is always open.

Learn how to bank Simplii

Pay for stuff with your phone

No more digging around for coins or cards. Just tap your phone to pay.

Learn about mobile payment

Can't find what you're looking for?

Other questions people were interested in.