Simplii

Connecting you with Simplii...

Why Simplii?

Since 2017, Simplii has provided full-service banking to ensure its members get the best savings and efficient financial management. Currently, almost two million clients have found a simple way of banking with Simplii, backed by CIBC, a bank with over 150 years of banking experience.

FAQs about Simplii

What is Simplii?

Since 2017, Simplii has provided full-service banking to ensure its members get the best savings and efficient financial management. Almost two million clients have found a simple way of banking with Simplii, backed by CIBC, a bank with over 150 years of banking experience.

Why should I use Simplii?

There are a lot of reasons why you should use Simplii. Some examples include:

  1. Access to its accounts which feature no-fee chequing, high-interest savings, USD savings accounts, student banking etc.
  2. Access to its Simplii Financial™ Cash Back Visa* Card which has no annual fee.
  3. Access to its mortgage services at special rates.
  4. Access to its 'Borrow' feature which includes lines of credit and loans, secured lines of credit, personal loans and creditor insurance.

How much does Simplii cost?

Becoming a Simplii member is free, and its accounts, credit cards and lines of credit have no transaction fees. Their mortgage rates depend on whether you choose fixed or variable rates.

How do I get started with Simplii?

To get started with Simplii, you fill out the application for opening an account online. You must be a Canadian resident, of legal age, have no bankruptcy in the past seven years and have a minimum gross household income.

Is Simplii safe?

Simplii is safe as they have security measures in place that are regularly audited to prevent unauthorised use and sharing of information and theft. The employees who have access to your data are aware of keeping it safe and confidential.

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