Simplii Financial Simplii Financial: Get Up to $200.00 When You Open a No Fee Chequing Account Get Up to $200 with a No Fee Chequing Account!

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Earn some extra spending money with this bonus offer from Simplii Financial, because you can get up to $200.00 when you open a new No Fee Chequing Account!

This offer is only available to new Simplii Financial clients who open a No Fee Chequing Account before January 31, 2019. There are a few additional steps involved before you can receive the complete $200.00 bonus and we've listed the qualifications below.

  • $100.00 bonus when you set up and receive two payroll or pension direct deposits
  • $25.00 bonus when you set up and complete a recurring pre-authorized bill payment
  • $25.00 bonus when you add your Simplii debit card to Apple Pay, Google Pay or Samsung Pay
  • $25.00 bonus when you register for Interac e-Transfer Autodeposit

The $100.00 bonus offer can only be completed once, while the $25.00 bonus offers can be completed multiple times up to a maximum of $100.00. All bonus offers must be completed within three months of opening the account to qualify.

The Simplii Financial No Fee Chequing Account offers free daily banking with unlimited debit purchases, bill payments, withdrawals and Interac e-Transfers. Plus, Simplii customers have free access to the CIBC network of over 3400 ATMs across Canada.

This offer is available to new Simplii Financial customers until January 31, 2019 -- click or tap the Legal pane on the website footer to view a list of qualifying transactions and the complete terms of this offer.

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    • Full terms

      *The up to $200 Cash Reward Offer (the “Offer”) begins on September 17, 2018, at 12:01 am (ET) and continues until January 31, 2019, at 11:59 pm (ET) (the “Offer Period”). “Eligible Accounts” are Simplii FinancialTM 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 may receive up to a $200 cash reward if they complete one or more of the qualifying transactions set out in Parts 1 and 2 within the 3 months following the month the first Eligible Account was opened:

      Part 1 - Receive $100

      Set up a payroll or pension direct deposit into an Eligible Account and complete 2 payroll or pension direct deposit transactions to receive a $100 cash reward per Eligible Customer across all Eligible Accounts.

      Part 2 - Receive up to a maximum of $100 by completing one or more of the following activities/transactions:

      Set up and complete one or more eligible Automatic Bill Payments and recurring online/mobile Pay Bills from an Eligible Account (a “Transaction”) and receive $25 per Transaction. Minimum transaction amount of $10 per Transaction. The following are eligible Automatic Bill Payments and recurring online/mobile Pay Bills:
      Utility bills
      Monthly payment lines, loans, mortgages, insurance, credit cards
      Lease/rent
      Membership fees
      Property tax
      Income tax
      Childcare fees
      Register the Simplii Financial bank card that is linked to an Eligible Account for Mobile Wallet through either Apple Pay®, Google PayTM or Samsung Pay® to receive $25. Cash reward is limited to $25 per Eligible Customer across all Eligible Accounts.
      Register for Interac e-Transfer® Autodeposit on Simplii Financial online banking or mobile app to receive $25. Cash reward is limited to $25 per Eligible Customer across all Eligible Accounts.
      All qualifying Eligible Customers will receive the cash reward(s) 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.
    • Report Post
    • I don't think very many RFD members will qualify for this.
      "2 payroll or pension direct deposit"
    • Report Post
    • User-friendly requirements:

      1. Have never had any accounts/relationship with Simplii
      2. Open a Chequing Account (Savings not required)
      3. Within 3 mo: Setup payroll or pension deposit - TWO deposits required ($100 bonus paid)
      4. Within 3 mo: Setup at least TWO automatic bill payments in Online Banking to pay off credit card, utility bill, mortgage, etc ($25 each)*
      5. Within 3 mo: Setup eTransfer auto deposit (optional, $25)
      6. Within 3 mo: Setup Apple Pay, Google Pay, or Samsung Pay with your debit card (optional, $25)

      Note: The reason 5 & 6 are OPTIONAL is because a person could set up FOUR automatic bill payments (#4) and receive the full $100 additional bonus without setting up eTransfer or Mobile Payment - you can also do a combination of options, but will only receive a max of $100 additional bonus.

      Note 2: A soft credit check is required when opening this account, per CIBC standard - this occurs REGARDLESS of choosing Overdraft support or not. I chose no overdraft and still had the soft hit.
    • Report Post
    • Need to jump through too many hoops and hurdles to get the $200
    • Report Post
    • ChiliPalmer wrote:
      Sep 17th, 2018 3:06 pm
      I don't think very many RFD members will qualify for this.
      "2 payroll or pension direct deposit"
      I think they mean 2 deposits so if you are biweekly you should qualify within a month.
    • Report Post
    • My wife and I are looking to setup a join account soon, wondering if this is worth it or maybe we should go with Tangerine instead?
    • Report Post
    • If only Simplii offered a referral bonus like Tangerine. Still a very worthwhile offer.
    • Report Post
    • zobi123 wrote:
      Sep 17th, 2018 3:13 pm
      I think they mean 2 deposits so if you are biweekly you should qualify within a month.
      Ahhh yes, that makes more sense.
    • Report Post
    • gawd this is a lot steps and hooks! Better off with STACK lol
    • Report Post
    • Be careful, when I opened up my accounts with then-President's Choice Financial, I had a hard pull on my credit... I suspect the rep signed me up for overdraft (or maybe the form had it hidden somewhere and I missed it).

      Soft check is required like someone else mentioned, you can 100% decline a hard check though. Don't let the reps fool you into thinking otherwise.
    • Report Post
    • do pulls from tangerine count as PADs? tia
    • Report Post
    • Sounds like way too much trouble for $100, two eligible payroll or pension direct deposits.
    • Report Post
    • the offer is good, simple and not complicated
    • Report Post
    • mikka2017 wrote:
      Sep 17th, 2018 3:50 pm
      do pulls from tangerine count as PADs? tia
      Yes.
    • Report Post
    • I have a PC financial account. Does it count as a banking relationship with simplii? PC financial used to be the owner before CIBC bought it, as I know..
    • Report Post
    • Can I cancel the account and apply again?
    • Report Post
    • This is pretty easy money. Thanks OP
      Having a CIBC account wouldn't exclude me as a new client right? Also I assume the card isn't Visa debit?
    • Report Post
    • Leverage wrote:
      Sep 17th, 2018 3:12 pm
      User-friendly requirements:

      1. Have never had any accounts/relationship with Simplii
      2. Open a Chequing Account (Savings not required)
      3. Within 3 mo: Setup payroll or pension deposit - TWO deposits required ($100 bonus paid)
      4. Within 3 mo: Setup at least TWO automatic bill payments in Online Banking to pay off credit card, utility bill, mortgage, etc ($25 each)*
      5. Within 3 mo: Setup eTransfer auto deposit (optional, $25)
      6. Within 3 mo: Setup Apple Pay, Google Pay, or Samsung Pay with your debit card (optional, $25)

      Note: The reason 5 & 6 are OPTIONAL is because a person could set up FOUR automatic bill payments (#4) and receive the full $100 additional bonus without setting up eTransfer or Mobile Payment - you can also do a combination of options, but will only receive a max of $100 additional bonus.

      Note 2: A soft credit check is required when opening this account, per CIBC standard - this occurs REGARDLESS of choosing Overdraft support or not. I chose no overdraft and still had the soft hit.
      sports1 wrote:
      Sep 17th, 2018 3:33 pm
      Be careful, when I opened up my accounts with then-President's Choice Financial, I had a hard pull on my credit... I suspect the rep signed me up for overdraft (or maybe the form had it hidden somewhere and I missed it).

      Soft check is required like someone else mentioned, you can 100% decline a hard check though. Don't let the reps fool you into thinking otherwise.
      Thanks for the data points, whenever I ask them they say its a hard hit. I have no idea why they do this, it does not make sense if its an application without overdraft.

      Anyone else apply and get a soft hit only? Just curious why they say its hard but ppl get soft hits. Thanks.
    • Report Post
    • So if you have a Savings account, but no checking account with them, I guess you don't qualify, right?

      I have a Savings account with them, which was opened during their 3 ℅ promo, so I guess I am disqualified now.
    • Report Post

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