Simplii Financial Referral Code 2026 - Get Up to $500
Use a Simplii Financial referral code to get up to $500 when you open an eligible account and meet the qualifying steps.
Simplii Financial Referral Code Overview
New Canadian customers can receive $500 total bonus through the Simplii Financial referral program when they sign up and complete the qualifying steps.
Sign up through the button on this page, then follow the requirements below to receive the offer.
$50 account bonus
Deposit at least $100 into a new Chequing or High Interest Savings Account and keep it there for 30 days (or spend/use $100 on a Cash Back Visa or Line of Credit), all within 6 months of opening.
$350 direct deposit reward
Set up an eligible direct deposit of at least $100 a month for 3 straight months to a No Fee Chequing Account to earn $300 cash plus a $50 Skip gift card.
$100 cash back
Apply for the Simplii Cash Back Visa Card and earn up to $100 back on eligible gas, grocery, drugstore, and pre-authorized purchases in your first 3 months.
How to Redeem the Simplii Financial Referral Code
- 1Open an eligible accountOpen a No Fee Chequing Account, High Interest Savings Account, Personal Line of Credit, or Cash Back Visa Card through this page.
- 2Deposit $100 to earn your $50 bonusDeposit at least $100 into your Chequing or Savings account and keep it there for 30 days, within 6 months of opening, to earn the $50 base bonus.
- 3Add direct deposit for up to $450 moreSet up direct deposit of at least $100 a month for 3 consecutive months to earn $300 cash plus a $50 Skip gift card, and use a Cash Back Visa Card to earn up to $100 more.
Simplii Financial Referral Code Requirements
- New Simplii Financial clients only, with no existing Simplii accounts
- Canadian resident who has reached the age of majority in your province
- For the $50 bonus: $100 deposit held 30 days in a Chequing or Savings account, or $100 spent/used on a Visa or Line of Credit, within 6 months
- For the $350 reward: direct deposit of $100 or more a month for 3 consecutive months
About Simplii Financial
Simplii Financial is CIBC's no-fee digital banking brand, offering a Chequing account, High Interest Savings Account, Cash Back Visa Card, and Personal Line of Credit entirely online. New clients who open an eligible account through a referral link can earn a $50 base bonus, plus up to $450 more across a direct deposit reward and Cash Back Visa purchases.
Pros
- No monthly fees on Chequing and Savings accounts
- Backed by CIBC's banking infrastructure and ATM network
- All deposits are CDIC insured
- Multiple bonus tiers can be stacked for up to $500 total
Cons
- The full $500 requires opening a Chequing account, setting up direct deposit, and using a Cash Back Visa Card, not just one product
- The $350 direct deposit reward takes 3 consecutive months to fully unlock
- Promotions and bonus amounts change fairly often
Quick tips
Apply the code during sign-up, complete each requirement before its deadline, and confirm the current terms on Simplii Financial's official site.
Verified offer
Checked by ReferralCanada.ca and updated when Simplii Financial changes its terms. Free to use and no account details are required.
Simplii Financial Referral Code FAQs
What is the Simplii Financial referral code?
Simplii's current promotion doesn't require a manual code. Open your account through the referral link on this page so the offer is applied automatically.
How much can I earn with a Simplii Financial referral code?
Up to $500 total: $50 for opening an eligible account, $350 for setting up direct deposit for 3 months, and up to $100 cash back on a Cash Back Visa Card.
How do I qualify for the $50 Simplii account bonus?
Deposit at least $100 into a new Chequing or High Interest Savings Account and keep it there for 30 days, or spend or use $100 on a Cash Back Visa Card or Line of Credit, all within 6 months of opening.
How does the $350 direct deposit reward work?
Set up an eligible direct deposit, such as payroll, pension, or employment insurance, of at least $100 a month for 3 consecutive months into a No Fee Chequing Account. You'll receive $300 cash plus a $50 Skip gift card.
How does the Cash Back Visa bonus work?
Apply for and use the Simplii Cash Back Visa Card, and you can earn up to $100 back on eligible gas, grocery, drugstore, and pre-authorized purchases during your first 3 months.
Do I need to open multiple accounts to get the full $500?
Yes. The $50 bonus comes from your base account, the $350 comes from direct deposit into a Chequing account specifically, and the $100 comes from the Cash Back Visa Card, so the full amount spans several products.
How long does it take to receive the Simplii bonuses?
The $50 account bonus is typically deposited within about 30 business days after you complete the qualifying requirement. Direct deposit and cash back rewards are credited once each tier's requirements are confirmed.
Is Simplii Financial a real bank?
Simplii Financial is a digital banking division of CIBC, one of Canada's Big Five banks, and all deposits are CDIC insured up to the standard limits.
More banking referral codes
Get the latest Neo Financial referral code and earn up to a $35 bonus when you sign up.
Pay rent, mortgage and bills your way, and get $50 off: $10 off each of up to 5 payments of $1,000 or more.
This referral code is provided by Simplii Financial and subject to change without notice. Always confirm current offer terms on the official Simplii Financial website before signing up.