$100 cash back
Apply Now$103
First-year value
$100
cash back
$0
Annual fee
Based on the minimum spend required to earn the full welcome bonus.
Last updated: February 3, 2026
The Simplii Financial™ Cash Back Visa* Card is the sole credit card offering of digital bank Simplii Financial™. It’s a cash back card with no annual fee and a low income requirement, making it a good choice as a starter card.
The card offers elevated cash back earning in several categories. Of particular interest is the 4% cash back on eligible restaurant, bar, and coffee-shop purchases, up to $5,000 per year.
If you’re starting a new job or starting in Canada as a newcomer, this card is worth considering.
| Tier | Amount | Requirement |
|---|---|---|
| Bonus earn rate | $100 | in 3 months |
Annual Fee
Free
Additional Card
Free
A no-fee card with a $100 welcome bonus serves as a sensible portfolio anchor for Canadians avoiding annual fees or building credit history without ongoing cost.
| Category | Rate |
|---|---|
| Dining | 4% |
| Gas | 1.5% |
| Drugstore | 1.5% |
| Groceries | 1.5% |
| Everything Else | 0.5% |
Lead with this card for dining, then rotate to higher-earning options for groceries and general spend – it's a specialist, not an anchor card.
Insurance coverage on purchases
Travel InsurancePurchase insurance provides a baseline layer of protection, but the real travel angle here is the no-interest money transfer feature – ideal for sending funds home while abroad or managing multi-currency expenses during extended trips, as long as you settle the balance in full.
Underwritten by Belair Insurance Company Inc.
| Coverage | Maximum | Details |
|---|---|---|
| Emergency Medical | Not included | — |
| Trip Cancellation | Not included | — |
| Trip Interruption | Not included | — |
| Trip Delay | Not included | — |
| Baggage Delay | Not included | — |
| Baggage Loss | Not included | — |
| Rental Car (CDW/LDW) | Not included | — |
| Purchase Protection | $60,000/year | 90-day coverage |
| Extended Warranty | +1 year | — |
View Certificate of Insurance (PDF)
No travel insurance at all – secure third-party coverage or use a different card for flights and hotels.
$100 cash back
Apply NowLast updated: February 3, 2026