$50 Cash Bonus
Get a $50 cash bonus when you open a new Simplii account through a referral link. Plus, earn up to $430 more with direct deposit ($350) and Cash Back Visa purchases ($80) for a total of up to $480 in value.
Simplii Financial is a digital banking division of CIBC offering no-fee banking services to Canadians. New clients who open an account through a referral link can earn a $50 cash bonus by completing simple qualifying requirements. With no monthly fees on chequing and savings accounts, plus competitive interest rates, Simplii makes it easy to earn bonus cash while accessing quality banking services.
Click the referral link
Click the 'Get this deal' button above to open your Simplii account with the referral code pre-applied.
Choose and open your account
Select which account type you want: No Fee Chequing Account, High Interest Savings Account, Cash Back Visa Card, or Personal Line of Credit. Complete the application process.
Complete the qualifying activity
For chequing/savings: deposit $100 and maintain it for 30 days. For credit card: spend $100. For line of credit: draw down $100. All must be completed within 6 months of opening your account.
Receive your $50 bonus
Your $50 cash bonus will be deposited into your new Simplii account within 30 business days after you complete the qualifying requirements.
Add direct deposit for an extra $350 (Optional)
Set up an eligible direct deposit of at least $100 per month to your No Fee Chequing Account for 3 consecutive months. This includes payroll, pension, or employment insurance. You'll receive $300 cash plus a $50 Skip gift card.
Use your Cash Back Visa for an extra $80 (Optional)
Apply for and use the Simplii Cash Back Visa Card to earn up to 8% cash back on eligible restaurant, bar, and coffee shop purchases during your first 3 months (maximum $80 cash back).
Must be a new Simplii Financial client with no existing Simplii accounts at the time of application
Must be a Canadian resident who has reached age of majority in your province
Must click through the referral link before opening your account
Must complete qualifying activity within 6 months of account opening
For No Fee Chequing or High Interest Savings Account: deposit $100 and maintain minimum balance for 30 days
For Cash Back Visa Card: spend minimum $100 within 6 months
For Personal Line of Credit: draw down minimum $100 within 6 months
Referral program and most banking products are not available to residents of Quebec
Click the referral link above to open your new Simplii account. Then complete the qualifying activity for your account type within 6 months. Your $50 bonus will be deposited within 30 business days after you meet all requirements.
Simplii Financial is a digital banking division of CIBC offering no-fee chequing and savings accounts, high-interest savings, credit cards, mortgages, and personal loans with no monthly fees or minimum balance requirements.