Your time means everything, especially when you're a student. Focus on the things that really matter. We'll take care of the account stuff.
Start the process online
Apply for a student deposit account online, any time. All you need is 5 minutes — it's that fast. We usually process your application in one day.
Transfer funds from home
Send between $2,500 and $20,000 CA to your new account. Once it transfers, your money will be waiting for you when you arrive. Pay no service fees.ⓘ
Activate your account when you get here
Your debit card will be mailed to your Canadian address on your tentative arrival date. After you receive your debit card, you can activate it by following the instructions included with the card and calling 1-888-723-8881 Opens your phone app..
This program is not offered to students attending schools in the province of Quebec.
Can't find your country on the list? Don't worry, we're expanding our program to reach more students from around the world. In the meantime, we can still help you with your banking needs once you arrive in Canada.
Get $125 for referring an international student 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 transfer money to their Student GIC Program Account. Ask your friend to include your email address on their application under “Referral Details.” Ready to refer a friend?
You'll need these documents to complete your online application:
Your letter of acceptance (as a PDF or JPG)
The name of the campus you'll be attending
Absolutely! Your debit card will be mailed to your Canadian address on your tentative arrival date. You'll have to activate it before you can use it by following the instructions included with the card and calling 1-888-723-8881 Opens your phone app..
What's a debit card?
A debit card links directly to your bank account. You use it to pay for things, and money is immediately taken out of your account — with no interest charges. It's like carrying cash. You typically can’t spend more money than you have in your account.
What's a credit card?
A credit card is like a loan. You borrow money to buy things, then pay for them later. At the end of each billing cycle, you'll get a bill for your purchases plus any interest or fees. Credit cards are useful for online shopping, making reservations or covering big expenses. When used wisely, your credit card can help you build your credit score in Canada.
We're here to listen
Complete this form to tell us how we can help. We'll try to get back to you in one business day. Don't include any personal information, like your bank account number, in the message box.