Simplii Financial

Simplii Financial

Updated January 31, 2023 (information subject to change, so please go to Simplii’s website for current information).

Services Offered:

  • No monthly fees with no minimum balance required
  • Unlimited debits, bill payments and withdrawals
  • Simplii Financial Debit Mastercard – use wherever debit or Mastercard are accepted.
  • Free Interace-Transfer®
  • Free personal cheques
  • Face recognition integration for login through mobile banking app
  • Deposit cheques through mobile banking app
  • Link your Debit card to your mobile wallet – compatible with Apple Pay, Google Pay and Samsung Pay
  • Overdraft protection available
  • Investment Products (TFSA, RRSP, GIC etc)
  • Convenient contact hours, available 24 hours a day by phone. Call 1-888-723-8881 or email
  • Refer a friend program. Receive $50.00 bonus cash when a friend joins using your unique referral link (sign onto your online banking account and select “Refer a friend” to obtain your unique referral link)

Service Charges:

  • Interact e-transfer stop payment – $3.50
  • Stop payment – $10.00 when full payee details are provided; $15.00 when no details provided
  • NSF Fee – $45.00
  • ABM withdrawals
    • Free at all CIBC machines throughout Canada
    • $1.50 fee applies for all other machines in Canada
    • $3.00 fee applies for all machines outside of Canada
  • 2 year inactivity fee – $20.00 per year

To Get a Void Cheque or Pre-Authorized Payment Form

From the home screen, click your chequing account (this won’t work for a savings account) and go to Account Summary > Transaction History and then select Void Cheque: