Offers
Welcome Bonus
Customers who open a new Simplii No Fee Chequing account can earn up to $350:
- Earn $350: Open a Simplii No Fee Chequing account and set up an eligible direct deposit of at least $100 for 4 straight months. Offer ends on Jan 31, 2027.
FlyerFunds Rebate
Plus, if you apply for the Simplii No Fee Chequing Account through Frugal Flyer and are approved, you can receive an additional $60 paid directly to you.
⚠️ Offer only valid for eligible new Simplii customers who successfully open their first Simplii product.
Account Features
The Simplii No Fee Chequing account offers unlimited debit purchases, bill payments and withdrawals, as well as unlimited Interac e-Transfer® and debit transactions.
Account holders are eligible to receive free access and withdrawals at over 3,400 CIBC ATMs across Canada.
Overdraft Protection (ODP) is available as an optional extra. A minimum fee of $4.97 plus a fixed interest rate of 19.00% will be applied on overdraft balances, in addition to a monthly charge when ODP is used.
Fees
Monthly Fees
The Simplii No Fee Chequing account has no monthly fees with no minimum balance.