Access low-cost, flexible borrowing with the benefits of a chequing account

Write cheques and make ATM withdrawals. Only pay interest on the funds you use, and any amount you repay is accessible to you again without reapplying.

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.

Want a line of credit that isn’t secured against your property? Check out our personal line of credit.

If you own your home, a secured line of credit may be right for you — even if your mortgage isn’t with us.

Our secured line of credit gives you the freedom to expect the unexpected, turn that home renovation dream into a reality or even consolidate high cost debt, while getting all the benefits you expect from a chequing account.

  • Interest rates as low as prime 
  • No application or annual account fee
  • A chequing account and line of credit in one account
  • VIP rates if you have a Simplii Mortgage
  • Borrow what you need and only pay interest 

We'd love to help you, no strings attached

Our lending specialists will take the time to understand your financial situation and give you the best options. Whether you want to chat about rates or ask for advice, they're always available to help.

VIP rates below prime
Rates as low as prime

Interest rates are variable and will change according to the prime interest rate. VIP rates are only applicable if you have a a mortgage with us.

More benefits

A single account for all your borrowing and transacting needs

Add your payroll so that your unused cash pays down your debt immediately

Pay bills, make transfers with Interac e-Transfer®, withdraw money at CIBC ATMs and send money globally for free

Access your account through your debit card, Simplii Mobile App, online banking or any CIBC ATM

Want to apply for a Secured Line of Credit?

You can apply by signing on to online banking.

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