Simplii Financial Promotions: $300 Chequing Bonus & 3.70% HISA (Canada) – Ends 6/30/25

Enjoy a $300 bonus from the Simplii No Fee Chequing Account and earn an impressive 3.70% interest rate on the Simplii High Interest Savings Account (HISA). Both offers are available to Canadian residents (excluding Quebec). Don’t miss out on these lucrative opportunities to enhance your financial future with Simplii Financial.

• Update 4/29/25: The offer has been updated, available through June 30, 2025.
• Update 1/11/25: The offers have been updated, see details below.
• Update 11/1/24: The offers have been updated.
• Update 8/6/2024: The Simplii No Fee Checking Account is now offering a $500 welcome bonus. Details below.
• Update 8/1/2024: Simplii is now offering 6.25% interest on its HISA through October 31, 2024.
• Update 4/28/2024: Simplii is now offering 5.90% interest on its HISA through July 31, 2024.
• Update 1/31/2024: The Simplii 6% HISA offer was extended through April 30, 2024.
• Update 12/11/2023: The was extended through February 29, 2024. For another $400 checking bonus, consider this one from BMO Bank.
• Update 10/20/2023: The offer is ending 10/31/2023.
• Update 4/28/23: The chequing account welcome bonus increased from $350 to $400 and is valid through June 30, 2023. The HISA new client offer is now earn 5.25% for 5 months.
• Update 2/1/23: The chequing account welcome bonus has been extended through March 31, 2023. Also, the HISA interest rate offer increased from 5.00% to 5.25% APY and was extended through April 30, 2023.

Simplii Financial products are available to residents in Canada (excluding Quebec).

READ MORE: WELCOME OFFERS FROM CHASE AND BMO.

Simplii Financial Promotions Review Below

Simplii Financial No Fee Chequing Bonus: $300 New Account Offer – Ends 6/30/25

• What you’ll get: $300
• Where it’s available: Canada (excluding Quebec)
• How to earn it: Open a No Fee Chequing Account and add an eligible direct deposit of at least $100 a month for 3 straight months.
• When it expires: 6/30/25

Waive The Monthly Fee

The No Fee Chequing Account has no monthly fee.

Fine Print

1. Eligibility

This Offer is open only to Canadian residents who: (i) have reached the age of majority in their province of residence and (ii) have not held a Simplii Financial product as the primary account holder on or before January 31, 2024. This Offer can be combined with all other offers unless otherwise indicated. Individuals who meet the foregoing eligibility requirements and otherwise comply with these Terms are referred to as “Eligible Client(s).”

2. Offer requirements 

To qualify for the Offer and receive the Cash Reward, an Eligible Client must:

i. Open a New Account as the primary account holder during the Offer Period. This must be the Eligible Client’s first New Account opened as the primary account holder during the Offer Period; 

ii. Within 120 days from the date the New Account is opened, set up one or more Eligible Recurring Direct Deposits totaling at least $100 of deposits per month into the New Account; and 

iii. Have such Eligible Recurring Direct Deposit(s) credited to the New Account for at least three (3) consecutive months within the above 120-day time period.

“Eligible Recurring Direct Deposits”: Most automated and recurring direct deposits are eligible. Examples of common recurring direct deposits include: payroll, pension direct deposits, old age security, disability payments, and governmental deposits, such as employment insurance. For further details and to confirm whether an automated and recurring direct deposit qualifies for the Offer, consult with a Simplii Financial representative. 

Bottom Line

This is a strong offer to jump on if you meet all the requirement. The offer is available to Canadian residents except for those in Quebec.

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Simplii Financial High Interest Savings Account (HISA): 3.7% Interest New Client Offer – 6/30/25

New Client Offer: Earn 3.7% interest for 7 months on your first Simplii Financial High Interest Savings Account. Limits apply.

Product Highlights

• Great rates on every dollar
• No minimum balance needed
• No monthly or transaction fees
• Complete digital signup
• Easily set up automatic deposits
• Pre-authorized Bill Payments
• Account to Account Transfers

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Simplii Financial Cash Back Visa Card

Join Canadians getting the richest no fee Cash Back Visa Card. Earn cash back with no annual fee.

Product Highlights

• Earn 4% cash back on eligible restaurant, bar and coffee shop purchases, up to $5,000 per year- after that 0.5% unlimited.
• Earn 1.5% cash back on eligible gas, groceries, drugstore purchases and pre-authorized payments, up to $15,000 per year – after that 0.5% unlimited.
• Earn 0.5% cash back on all other credit card purchases with no limit on how much you earn.
• Benefits
  • Great rewards – Get Canada’s richest cash back no fee card for eating out. Dine at restaurants, fill your gas tank, buy groceries — there’s no limit to the total cash back you can earn.
  • No annual fee – Get all the benefits of the Simplii Financial™ Cash Back Visa Card with no annual fee.
  • Additional cardholders – Add up to 3 additional cardholders and earn cash back faster. Don’t worry, you can set spending limits.
• Coverage
  • Purchase Security and Extended Protection Insurance (included)
  • CIBC Payment Protector™ Insurance for Credit Cards (optional extra)
  • CIBC Travel Medical Insurance (optional extra)

Purchase Interest rate	Cash Interest rate	Grace Period	Intro Offer	Annual Fee	Min Annual household income
20.99%	22.99%	21 day interest- free grace period on new Purchases	Get 9.99% introductory annual interest on purchases for the first 6 months Welcome offer: For your first 4 months, enjoy 10% bonus cash back at restaurants and bars up to $500 spend.	$0	$15,000

** Minimum acceptable credit score is 650. The preferred range for the card is 660-720 but we do accept 720+ credit score. (Information not to be disclosed to audience and to be used by publishers for their own content creating purposes)

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.