Simplii No Fee Chequing Account

Simplii is currently offering a $350 cash bonus to new clients who open a No Fee Chequing Account by January 31, 2027.

To qualify, you'll need to set up an eligible direct deposit of $100 or more and have it arrive for four consecutive months, all within 150 days of opening. Simplii deposits the bonus within three business days of your qualifying deposits.

Keep in mind that the offer is only open to new clients who haven't held a Simplii product as the primary account holder on or before March 23, 2026.

True to its name, the No Fee Chequing Account carries no monthly fee.

Day-to-day banking is included as well, with unlimited debit purchases, bill payments, and withdrawals at no charge.

The account covers everyday banking without transaction limits, including unlimited debit purchases, bill payments, and withdrawals.

Interac e-Transfers are free, and you'll have access to more than 3,400 CIBC ATMs across Canada for cash.

Optional overdraft protection is available if you want a buffer on the account.

Deposits are eligible for CDIC coverage.