Simplii Financial

Simplii Financial

Updated April 1, 2021 (information subject to change, so please go to Simplii’s website for current information).

Website: https://www.simplii.com/en/home.html

Last Updated: February 8, 2021 (information subject to change, so please go to Simplii’s website for current information).

Special offers:

Simplii Financial is currently offering $200.00 if you open a new no-fee chequing account by October 31st, 2021. To be eligible for the offer, you must add a $100.00 (minimum) direct deposit into the account (ie. payroll, pension, or other income sources) and keep it for at least three months.

https://www.simplii.com/en/special-offers/no-fee-chequing-account.html

How to Open a Bank Account:

  • To open a new bank account, apply online here.
  • You may be asked to verify your identity. Simplii will send you an email instructing you to bring a valid government-issued ID that shows both your signature and address to your nearest Canada Post location for verification.

Services Offered:

  • No monthly fees with no minimum balance required
  • Unlimited debits, bill payments and withdrawals
  • 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 talktous@simplii.com
  • 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: