Simplii Referral Code 2026
Simplii Referral Code: $50 Bonus + Welcome Offers
Simplii doesn’t use a typed Simplii referral code. Instead, you join through a referral link and get a $50 bonus, then stack it with Simplii’s welcome offers. Our sign-up button below is that referral link, so the bonus is tracked for you.
- $50 referral bonus for opening a chequing account, savings account or Cash Back Visa through a referral link
- $350 when you open a No Fee Chequing Account and set up direct deposit
- Up to $80 cash back with the Cash Back Visa Card in your first 3 months
That’s up to $480 in total for new clients.
Simplii referral bonus and offers last checked November 6, 2026.
How to Use the Simplii Referral Link
- Click the sign-up button on this page. It’s our Simplii referral link, so you don’t need to enter a code.
- Open a No Fee Chequing Account, High Interest Savings Account or Cash Back Visa Card. The chequing account is the best choice because it also qualifies for the $350 welcome offer.
- Meet the referral condition within 6 months of opening:
- Chequing or savings: deposit at least $100 and keep $100 or more in the account for at least 30 days
- Cash Back Visa: spend at least $100 on the card
- Get your $50. It’s paid 30 business days after you meet the condition.
Where to Enter a Simplii Referral Code
There’s no box to type a Simplii referral code into. The referral is attached when you start your application from a referral link, so always begin from the link. If you open an account on Simplii’s website directly, you can’t add the referral afterwards and won’t get the $50.
Simplii Referral Bonus Terms
- Bonus: $50 cash for the new client
- Eligible accounts: No Fee Chequing Account, High Interest Savings Account or Cash Back Visa Card
- Chequing or savings: deposit at least $100 within 6 months and keep $100 or more in the account for 30 days
- Credit card: spend at least $100 within 6 months
- Payout: 30 business days after you qualify
- Who qualifies: Canadian residents of the age of majority with no Simplii banking relationship since November 1, 2017
- How: open your account through a referral link, such as our sign-up button
Already a Simplii client? You earn $125 for each friend who joins with your link and qualifies, up to 50 friends in 12 months and 250 in total. Sign in and choose Refer a Friend to get your link.
Sign Up With Our Simplii Referral Link
Simplii Offers You Can Stack With the Referral Bonus
These welcome offers stack with the $50 referral bonus. Open your account through the referral link first, then meet each offer’s requirements.
$350 No Fee Chequing Account offer (ongoing since October 1, 2026)
- Open a new No Fee Chequing Account as the primary account holder
- Set up an eligible direct deposit of at least $100 a month for 4 months in a row, starting within 150 days of opening
- Paycheques, pensions, government benefits and employment insurance count. Interac e-Transfers and transfers between your own accounts don’t.
- The $350 is paid 3 business days after you meet the conditions
- For new clients who haven’t held a Simplii product as the primary account holder on or before March 23, 2026. Limit one reward per client.
Up to $80 with the Cash Back Visa Card
Earn up to 8% cash back on eligible restaurant, bar and coffee shop purchases in your first 3 months, on up to $1,000 of spending. That’s up to $80. Using the card for $100 also meets the referral condition if you choose the card.
5.00% High Interest Savings promo rate (ongoing since November 1, 2026)
New clients who open their first High Interest Savings Account within 60 days of becoming a client earn 5.00% interest for 153 days (about 5 months) on balances up to $100,000. A $100 deposit kept for 30 days in this account also counts toward the $50 referral bonus.
Simplii sets the end dates for these offers and changes them from time to time, so check the current terms on Simplii’s site when you apply.
What Is Simplii Financial?
Simplii Financial is an online-only Canadian bank and a trade name of CIBC. It launched in November 2017 and has no branches. You bank through the Simplii app and website, and you can use CIBC ATMs across Canada for free.
Simplii’s main selling point is no monthly or annual fees on everyday banking. It offers:
- No Fee Chequing Account: no monthly fee, no minimum balance, free unlimited debit transactions and Interac e-Transfers
- High Interest Savings Account: savings with no monthly fees, plus promotional rates for new clients
- Cash Back Visa Card: a no-annual-fee credit card with cash back on everyday spending
- Global Money Transfer: send money abroad with no transfer fee
- Mortgages, lines of credit, GICs, TFSAs and RRSPs
Is the Simplii Referral Bonus Worth It?
Yes, if you’re open to switching your direct deposit. The $50 referral bonus only needs a $100 deposit, and combined with the $350 chequing offer it’s one of the larger bank sign-up bonuses in Canada. Since the account has no monthly fee, there’s no cost to keep it open.
Pros
- $50 referral bonus plus the $350 chequing offer and up to $80 card bonus
- No monthly fees and no minimum balance on chequing
- Free unlimited debit transactions and e-Transfers
- Backed by CIBC, with CDIC deposit protection
- Free withdrawals at CIBC ATMs
Cons
- No branches, so all banking is online or by phone
- The $350 offer needs 4 straight months of direct deposit
- The referral bonus takes 30 business days to arrive
- Only for people who haven’t banked with Simplii before
Simplii Referral Code FAQ
What is the Simplii referral code?
Simplii doesn't use a code you type in. Your referral comes from a friend's unique referral link. Use the sign-up button on this page, which is our Simplii referral link, and the $50 referral bonus is tracked automatically.
How much is the Simplii referral bonus?
$50 for the new client. You also keep any Simplii welcome offers you qualify for, such as $350 for the No Fee Chequing Account and up to $80 for the Cash Back Visa Card.
Can I get the Simplii referral bonus and the $350 welcome offer?
Yes. The $50 referral bonus stacks with the $350 No Fee Chequing Account offer. Open the account through a referral link, then meet both sets of requirements.
What do I need to do to get the $50 referral bonus?
Open a No Fee Chequing Account, High Interest Savings Account or Cash Back Visa Card through a referral link. For chequing or savings, deposit at least $100 within 6 months and keep $100 or more in the account for at least 30 days. For the Visa card, spend $100 within 6 months.
When will I get my Simplii referral bonus?
The $50 is paid 30 business days after you meet the referral conditions. The $350 chequing bonus is paid 3 business days after you meet that offer's conditions.
Can I add a Simplii referral after I've already opened an account?
No. You have to open your account through the referral link for the $50 bonus. If you open an account without one, you can't get the referral bonus later.
Who can use a Simplii referral link?
Canadian residents who have reached the age of majority and have had no banking relationship with Simplii Financial since November 1, 2017.
How much do I earn for referring friends to Simplii?
Existing clients earn $125 for each friend who opens a No Fee Chequing Account, High Interest Savings Account or Cash Back Visa Card and qualifies. You can refer up to 50 friends in a 12-month period and 250 in total. Get your referral link by signing in and choosing Refer a Friend.
Is Simplii safe?
Yes. Simplii Financial is a trade name of CIBC, and eligible deposits are protected by CDIC. Simplii deposits are combined with any deposits you hold at CIBC for CDIC coverage limits.
Note: Simplii sets the referral and welcome offer terms and can change or end them at any time. Check the current terms on Simplii’s site before you apply.
