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

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.  

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.

Welcome offer

Earn $400 when you become a new client 

Cash in while you can. Open a No Fee Chequing Account today.

Conditions apply. Offer ends October 31, 2024.

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Winner of the Best Chequing Account

Hardbacon Best Credit Card for Young Adults 2024 badge.

Winner of the Best Credit Card for Young Adults

Savvy Best Newcomers Credit Card 2024 badge.

Winner of the Best Credit Card for Newcomers

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..

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..

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

Get $125 for referring a newcomer to bank with Simplii 

Refer a friend and earn $125 when they open an eligible account using your referral link. Plus they’ll also get $50 as a welcome bonus when they send their one-time transfer and activate their No Fee Chequing Account. Ask your friend to include your email address on their application under “Referral Details.” 

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.

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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.

Looking for a little inspiration?

These superstars moved to Canada — and made their dreams come true. Learn a lesson or two from their success stories, presented by Simplii.

We're here to listen

Don't forget your country calling code.

Contact us

We'll get back to you within one business day.

Find a phone number based on your current location.

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Want to know our banking vocabulary?

Learn about some commonly used words in Canada with our glossary of common banking terms.

Apply for more products with us

Budget for bigger purchases with lower interest rates when you apply for a personal loan or line of credit.

Buying your first home in Canada is a big step. Let our mortgage specialists guide you through the process so you can secure your dream home.

Learn more about special mortgage programs.

Plan for your future. Our investments will put you on the right track for your dream vacation, school and retirement.

Banking with us isn't just about saving fees. Earn cash rewards or get special rates for your accounts with our special offers.

Advice and helpful resources