Keep more money with no-fee daily banking

Make unlimited transactions with the Simplii Financial™ No Fee Chequing Account. Avoid the monthly fees so you can focus on settling down.

Send money overseas with no transfer fee

Transfer money to set up your new account with no service fees. You also save on transfer fees when sending money to friends and family abroad with Global Money Transfer.  

Collect credit card rewards with no annual fee

Cover moving expenses and help build your credit in Canada with the Simplii Financial™ Cash Back Visa* Card. Apply and get up to a $10,000 credit limit with no Canadian credit history needed.

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What you'll need to know

Apply if you're within 12 months of your arrival date. Grab your passport and take a selfie before you start your application.  Learn about applying for foreign workers or permanent residents before arriving. Opens in a dialog.

 

Apply and set up your account

Once you submit your application, we'll get back to you within 2 business days to confirm your account details and one-time transfer instructions.

 

Transfer your funds and next steps

Your account is almost ready. Transfer between $1,000 and $50,000 from an account in your name. Once you’re here, we’ll mail your debit card to you. Activate it by calling us at 1-888-723-8881 Opens your phone app..

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Collect the right documents

If you've arrived in the last 5 years, you can still apply online. Grab your passport and take a selfie before you start your application.  Learn about applying for foreign workers or permanent residents after arriving. Opens in a dialog.

 

Apply online and transfer your funds

We'll process your application within 2 business days. Then you can transfer between $1,000 to $50,000 CA from your account abroad.

 

Start banking with your new account

We'll mail your debit card to your Canadian address. When you get your card, activate it by giving us a call at 1-888-723-8881 Opens your phone app..

If you're an international student, you can apply for the International Student GIC Program.

Get $50 when you refer a friend — it's our way of saying welcome

Refer a friend and you'll both earn $50 once they send their one-time transfer and activate their No Fee Chequing Account. You don't have to be a Simplii client to qualify for this offer. Ask your friend to include your email address on their application in the “Referral Details” section.

We know your time is valuable. We've made it easy to transfer money between accounts, pay bills and deposit cheques right on your phone with the Simplii Financial Mobile Banking App.

Tell me more about digital banking

Your security is our priority. We use leading-edge technology to make sure your money and personal information are always safe. Plus we're backed by CIBC, one of our top banks.

Tell me more about Simplii

With 3,400 CIBC ATMs across Canada, take out your cash any time and pay no withdrawal fee.

Find an ATM near you Opens in a new window.

Chat with us or give us a call 24/7. We're here to help you reach your financial goals and find easier ways to manage your money.

 Give us a call 24/7 toll-free

From Canada and abroad: 1-855-236-4272 Opens your phone app.
From India: 1-800-121-661-661 Opens your phone app.
From China: 400-120-0660 Opens your phone app.

  Email your general questions

We'll get back to you within one business day. 
newcomer@simplii.com Opens your email app.

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