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Simplii Financial Referral Code - Get a $550 Sign-Up Bonus

CIBC's no-fee online bank with massive welcome bonuses

New Simplii Financial customers can earn up to $550 in welcome bonuses: $50 for opening a No-Fee Chequing Account and maintaining a $100 balance for 60 days, plus up to $500 more when you set up an eligible direct deposit such as payroll or government benefits. No referral code required — just sign up through the link on this page.

How to Claim Your Simplii Financial Referral Bonus

  1. 1Click the sign-up link below
  2. 2Open a Simplii Financial No-Fee Chequing Account
  3. 3Deposit and maintain $100 for 60 days to earn $50
  4. 4Set up an eligible direct deposit to earn up to $500 more

Simplii Financial Key Features

  • No monthly banking fees
  • Free Interac e-Transfers
  • High-interest savings account
  • No-fee credit cards available
  • Backed by CIBC

About Simplii Financial

Simplii Financial, backed by CIBC, is one of Canada's leading no-fee online banks. With a chequing account, savings account, and credit cards all with no monthly fees, Simplii is a great way to save money on banking. Their welcome offer of up to $500 is among the best in Canada — earn $50 just for opening an account and maintaining a balance, and up to $500 more when you set up a direct deposit.

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Frequently Asked Questions — Simplii Financial Referral Code

How do I get the Simplii Financial $550 sign-up bonus?
Open a Simplii Financial No-Fee Chequing Account, deposit and maintain $100 for 60 days to earn $50, then set up an eligible direct deposit to earn up to $500 more — totalling up to $550.
Does Simplii Financial have a referral code?
Simplii Financial's welcome bonus is typically accessed through a promotional link rather than a specific referral code. Click the sign-up link on this page to ensure the offer is applied to your new account.
Is Simplii Financial safe?
Yes, Simplii Financial is owned and backed by CIBC, one of Canada's Big Five banks. Deposits are CDIC insured up to applicable limits.
What counts as an eligible direct deposit for the $500 Simplii bonus?
An eligible direct deposit typically includes payroll, government benefits (CPP, OAS, EI), or pension payments deposited directly into your Simplii account. Personal transfers do not usually qualify.
Can I have both a Simplii and a CIBC account at the same time?
Yes, you can hold accounts at both Simplii Financial and CIBC simultaneously. However, existing CIBC customers may not be eligible for the Simplii welcome bonus — check current terms before applying.

Requirements & Fine Print

Must be a new Simplii Financial customer. $50 requires $100 balance maintained for 60 days. $500 requires an eligible direct deposit. Offer may vary.

Sign-Up Bonus

$550

Sign Up at simplii.com

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