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No Fee Chequing Account
No monthly fees. Great rates. As simple as that.™

New clients can earn $200^†

Open an account today. Offer ends July 31.

Apply now

The good stuff

Get everything you need to send, save and manage your money, easily.

No monthly or minimum balance needed

Unlimited debit purchases, bill payments and withdrawals

Send money for free with Interac e-Transfer^®

Free unlimited access to all CIBC ATMs across Canada

How to get your $200^†

First, open a No Fee Chequing Account before July 31.

Then, within 90 days of opening your account:

Set up an eligible payroll or pension deposit and receive 2 deposits that are $10 or more.

Set up and complete two different Automatic Bill Payments that are $10 or more, for at least two months.

Apply now

Key features

Get paid automatically

Set up direct payroll or pension deposit and access your hard earned money right away.

Never miss a payment again

Set up automatic payments and pay your bills on time, every time.

Move money between accounts

Transferring money between Simplii™ accounts? Do it online, as often as you want, for free.

Stay protected for the unexpected

Add up to $5000 in Overdraft Protection to help you with unexpected expenses. You’ll only be charged^ when you use the service.

Pay with your phone

Add your Simplii debit card to your mobile wallet, and tap your phone to pay^‡_.

Learn moreabout how to pay with your phone

Bank on the go

Do what you need to do from anywhere with the Simplii Mobile Banking app.

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Looking for other simple ways to bank?

Simplii Financial™ Cash Back Visa*

Ditch the annual fee and get cash back rewards
Available only to Simplii clients who apply online.

Learn more

High Interest Savings Account

Save like a pro
Save for what you need, withdraw money when you need it.

Learn more

Have questions?

Top FAQs

Call us at 1-888-236-6398

Email us at talktous@simplii.com

Simplii Financial is a division of CIBC, a CDIC member
CDIC Deposit Insurance Information

^†The $200 Cash Reward Offer (the “Offer”) begins on April 1, 2019 at 12:01 am (ET) and continues until July 31, 2019 at 11:59 pm (ET) (the “Offer Period”). “Eligible Accounts” are Simplii Financial^TM No Fee Chequing Accounts opened during the Offer Period. “Eligible Customers” are customers who have no existing banking relationship with Simplii and open an Eligible Account as the primary account holder. Each Eligible Customer will receive one $200 cash reward if they perform either option 1 or 2 within 90 days after opening the Eligible Accounts. Each Eligible Customer is eligible to receive only one (1) $200 cash reward.

Option 1

Set up a payroll or pension direct deposit into an Eligible Account and complete two or more payroll or pension direct deposit transactions of greater than or equal to $10.00

Option 2

Set up and complete Automatic Bill Payments to two or more Automatic Bill Payment recipients from an Eligible Account. There must be two or more months of Automatic Bill Payment transactions greater than or equal to $10.00 to each of at least two Automatic Bill Payment recipients. The following are eligible Automatic Bill Payments:

a) Utility bills

b) Monthly payment lines, loans, mortgages, insurance, credit cards

c) Lease/rent

d) Membership fees

e) Property tax

f) Income tax

g) Childcare fees

All qualifying Eligible Customers will receive the cash reward into an Eligible Account that is active and in good standing, in the 4th month following the month the first Eligible Account was opened. In the event the Eligible Customer has more than one Eligible Account, the cash reward will be paid into the Eligible Account with the most recent transaction date.

The Offer is non-transferable and cannot be combined with any other offers. The recipient of this award is solely responsible for any tax consequences associated with their receipt of the cash. Offer open only to Canadian residents who have reached the age of majority.

Simplii Financial reserves the right to cancel or change the terms of the Offer at any time, for any reason, and to revoke the Offer for any customer who appears to be manipulating or abusing the Offer, or is engaged in any suspicious/fraudulent activity. The Offer is subject to the terms and conditions of the Products and Services Agreement.

^ A minimum charge of $4.97, plus 19% of the amount accessed, will apply.

^‡Your mobile service carrier or provider, Apple, or other third parties may charge you service fees in connection with your use of your device or respective payment method. Transaction limit amount may vary.

“SIMPLII FINANCIAL” and the SIMPLII FINANCIAL DESIGNS are trademarks of CIBC. Simplii Financial is a division of CIBC. Banking services are not available in Quebec.

Interac e-Transfer is a registered trademark of Interac Corp. Used under licence.

*Trademark of Visa Int., used under license.

Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries.

Google Pay and Google Play are trademarks of Google LLC.

Samsung^® is a registered trademark of Samsung Electronics Co., Ltd

No Fee Chequing Account No monthly fees. Great rates. As simple as that.™

New clients can earn $200†

The good stuff

Key features

Get paid automatically

Bank on the go

Looking for other simple ways to bank?

Simplii Financial™ Cash Back Visa*

High Interest Savings Account

Have questions?

No Fee Chequing Account
No monthly fees. Great rates. As simple as that.™

New clients can earn $200^†