Simplii Financial logo

Simplii Referral Bonus

schedule

Takes 10 minutes

No-Fee Banking from CIBC

Earn $125 when you open a qualifying Simplii Financial account using a referral link. Both you and the referrer get $125 each.

Get $125 Bonus arrow_outward

New clients only. Complete qualifying activity within 6 months.

verified Verified for 2026

$125 cash bonus

  • paymentsDeposit $100 and maintain for 30 days
  • credit_cardOr spend $100 on Cash Back Visa
  • account_balanceNo monthly fees, ever

Simplii bonus requirements

Deposit $100 (chequing/savings), spend $100 (credit card), or draw $100 (line of credit) within 6 months to qualify.

Simplii Financial is CIBC's digital banking brand, offering no-fee chequing, high-interest savings, credit cards, and lines of credit to Canadians. With no monthly fees, free Interac e-Transfers, and access to CIBC ATMs, Simplii is ideal for everyday banking without the overhead of traditional banks. All deposits are CDIC insured.

How to Get the Simplii Referral Bonus

  1. link

    Click the referral link

    Use the button above to apply through a valid referral link. You must use a referral link to qualify for the bonus.

  2. account_balance

    Open a qualifying account

    Choose No Fee Chequing, High Interest Savings, Cash Back Visa Card, or Personal Line of Credit.

  3. task_alt

    Complete the qualifying activity

    Deposit $100 and keep it for 30 days (chequing/savings), spend $100 (credit card), or draw $100 (line of credit) within 6 months.

  4. celebration

    Receive $125 cash

    Your bonus is deposited within 30 business days after meeting the requirements. Both you and the referrer earn $125.

Who It's Best For

  • check_circleCanadians tired of paying monthly bank fees for basic chequing.
  • check_circleStudents and young adults who want a no-fee Visa credit card with cash back.
  • check_circleAnyone who wants CIBC ATM access without the CIBC account fees.
  • check_circlePeople sending international money transfers who want competitive rates.

Key Benefits

  • money_offNo monthly fees on chequing or savings accounts.
  • atmFree access to 3,400+ CIBC ATMs across Canada.
  • sendUnlimited free Interac e-Transfers.
  • percentCompetitive interest on High Interest Savings Account.
  • credit_cardNo annual fee Cash Back Visa Card with up to 4% back.

Referral Bonus Breakdown

Your Bonus

$125

Cash deposited to your account.

Requirement

$100

Deposit, spend, or draw within 6 months.

Payout

30 days

Within 30 business days of qualifying.

Eligible Simplii Products

Open any of these accounts through a referral link to qualify for the $125 bonus:

No Fee Chequing

Deposit $100, maintain 30+ days

$0 monthly fee

High Interest Savings

Deposit $100, maintain 30+ days

Competitive interest rate

Cash Back Visa Card

Spend $100 on the card

No annual fee, up to 4% back

Personal Line of Credit

Draw $100 from the line

Competitive rates

Simplii Referral Bonus FAQ

How much is the Simplii referral bonus? expand_more
The Simplii referral bonus is $125 for both the new client and the person who referred them. For Global Money Transfers, the bonus is $50 each instead.
How does the Simplii referral work? expand_more
An existing Simplii client shares their unique referral link with you. You click the link, open a qualifying account (chequing, savings, credit card, or line of credit), and complete the required activity within 6 months. Both of you receive $125 within 30 business days.
What are the Simplii bonus requirements? expand_more
Requirements depend on the account type: For chequing or savings, deposit at least $100 and maintain the balance for 30+ days. For the Cash Back Visa, spend at least $100. For the Personal Line of Credit, draw at least $100. All activities must be completed within 6 months of opening.
Does Simplii have a referral bonus? expand_more
Yes. Simplii Financial offers a $125 referral bonus for new clients who open a No Fee Chequing, High Interest Savings, Cash Back Visa Card, or Personal Line of Credit through a referral link and complete the qualifying activity.
Who is eligible for the Simplii referral? expand_more
You must be a Canadian resident who has reached the age of majority in your province and cannot have been a Simplii client since November 1, 2017. You must use a valid referral link to apply.
How long does it take to receive the bonus? expand_more
The $125 cash reward is deposited within 30 business days after you complete the qualifying activity (deposit, spend, or draw $100 depending on your account type).
Can I combine the referral with other Simplii offers? expand_more
No. The referral bonus cannot be combined with other Simplii promotional offers. You can only use one offer code or promotion per account opening.
Is Simplii Financial safe? expand_more
Yes. Simplii Financial is a division of CIBC, one of Canada's Big Five banks. All eligible deposits are insured by the Canada Deposit Insurance Corporation (CDIC) up to $100,000 per category.
Are there any monthly fees? expand_more
No. Simplii's No Fee Chequing Account and High Interest Savings Account have no monthly fees. The Cash Back Visa Card has no annual fee. You get free unlimited Interac e-Transfers and free access to CIBC ATMs.
Can I earn money with Simplii referral as an existing client? expand_more
Yes. Existing Simplii clients can refer up to 50 friends per year (250 lifetime) and earn $125 for each successful referral. Log into Online or Mobile Banking and select "Refer a Friend" to get your unique link.
What if my bonus doesn't show up? expand_more
If you haven't received your bonus after 30 business days of completing the requirements, contact Simplii customer service. Make sure you used a valid referral link and completed the qualifying activity within the 6-month window.

*Offers can change. Verify current terms on Simplii's official website before signing up.

About Simplii Financial

Simplii Financial is CIBC's digital banking brand, launched in 2017 to replace PC Financial banking services. It offers no-fee chequing and savings accounts, a cash back credit card with no annual fee, personal lines of credit, mortgages, and global money transfers. As a division of CIBC, Simplii provides access to over 3,400 CIBC ATMs across Canada and full CDIC deposit insurance. It's designed for Canadians who want straightforward, no-fee banking without visiting a branch.

Get $125 Bonus arrow_outward