The Simplii Financial™ Cash Back Visa Card is the ideal choice for anyone who wants convenience, savings, and full control over their spending. With a competitive cashback program and no annual fee, this card lets you enjoy its benefits without stress. Everything is managed 100% digitally with full support for everyday needs. It’s a modern solution for people who value simplicity and real rewards on daily purchases.
Designed for Canadian residents, the Simplii Financial™ Cash Back Visa Card offers up to 4% cashback in key categories. The concept is simple: reward responsible card usage with money back—no gimmicks, no points, no red tape. The experience is built to be intuitive, modern, and financially beneficial. It combines technology, transparency, and real advantages that fit right into your lifestyle.
Key details about the credit card
The Simplii Financial™ Cash Back Visa Card features one of the most straightforward cashback programs available. You’ll earn 4% cashback on restaurant and bar purchases (including delivery), up to an annual limit of $5,000 in spending. You’ll also get 1.5% on groceries, gas, pharmacies, and pre-authorized payments, up to $15,000 annually. It’s a simple structure that rewards daily purchases and gives back what you spend.
All other purchases earn 0.5% cashback, with no annual cap. The cashback you earn is tracked throughout the year and automatically applied as a statement credit on your December billing cycle. The Simplii Financial™ Cash Back Visa Card offers a direct, no-hassle rewards system. That makes managing your benefits easy and stress-free for every cardholder.
How does the annual fee work?
The Simplii Financial™ Cash Back Visa Card comes with no annual fee, making it a highly competitive choice. Unlike other cards that require minimum spending to waive fees or charge high rates for rewards programs, this one provides full benefits at no cost. This fee waiver is permanent and does not depend on spending volume—it’s guaranteed upfront.
The absence of an annual fee is one of this card’s most appealing features, especially since there are no hidden conditions. Simplii Financial™ Cash Back Visa Card is for people who want to save while earning money back on their everyday purchases. The message is clear: spend wisely and get rewarded. With this card, the cashback you earn isn’t canceled out by surprise monthly charges.
How is the credit limit determined?
The credit limit for the Simplii Financial™ Cash Back Visa Card is based on a review of your credit history, stated income, and financial background. To qualify, applicants must have a minimum household income of $15,000 per year and must not have filed for bankruptcy within the last 7 years. These criteria ensure the card remains accessible, yet secure for both sides.
Simplii processes this review quickly and entirely online. Users with strong credit history may receive higher starting limits, while newcomers might get more modest ones. The good news is that your credit limit can increase over time with responsible use. This approach encourages healthy financial habits and a strong customer-bank relationship.
Advantages and disadvantages of the credit card
Beyond its generous cashback, the Simplii Financial™ Cash Back Visa Card provides plenty of convenience. It supports contactless payments, fraud protection, a complete mobile app for tracking spending, and up to three additional cards with no extra charge. And it delivers all of that with no annual fee, no red tape, and no hidden billing surprises.
On the downside, cashback is issued only once a year, which might disappoint users who prefer immediate returns. Another thing to consider is that the card is only available to Canadian residents (excluding Quebec). Still, its benefits remain strong within the national market. It’s designed for simplicity and real rewards—without making your finances more complicated.
| Advantages | Disadvantages |
|---|---|
| No annual fee | Cashback is credited only once per year |
| 4% on restaurants, 1.5% on essential purchases | Not available in the province of Quebec |
| 0.5% on all other purchases | Must have a Simplii Financial account |
| Full-featured app + fraud protection | Requires minimum household income of $15,000 per year |
Who can apply for this card?
The Simplii Financial™ Cash Back Visa Card is available exclusively to permanent residents or Canadian citizens, excluding those living in Quebec. You must meet the legal age of majority in your province and have a household income of at least $15,000 per year. These requirements help ensure a stable base of responsible, eligible users.
Applicants must also not have declared bankruptcy in the past seven years and must hold an active Simplii Financial account. While the card is geared toward financially stable customers, approval is relatively straightforward for those who meet the basic criteria. The transparent process reinforces Simplii’s commitment to fair and conscious inclusion.
How to apply for the card?
Applying for the Simplii Financial™ Cash Back Visa Card is easy and fully digital. It starts on Simplii Financial’s official website, where you can create an account or log in with an existing one. Then, you fill out an application form with personal, income, and address information. Everything is done online, with clarity, safety, and a quick turnaround time for review.
Once submitted, your application goes through a credit check, typically processed within a few business days. If approved, your card is mailed to your home and can be activated right away through the app or website. The process is transparent and trackable through Simplii’s platform, with email and app updates. This quick and streamlined experience makes getting started with the card smooth and stress-free.
Via the website
The official Simplii Financial website is the main channel for applying for the card. In just a few steps, you can securely submit your application without leaving your home. The interface is clear, responsive, and provides full details about the Simplii Financial™ Cash Back Visa Card. There’s also a helpful FAQ section and customer support if you have any questions.
Via the app
If you already have a Simplii account, you can apply directly through their mobile app. Available on Android and iOS, the app lets you fill out the application, upload your documents, and monitor your approval status. It also gives you tools to track spending, view your cashback, and manage your card preferences. With its intuitive design, the app makes everyday banking tasks easier and more accessible.
In store or agency
Although Simplii Financial operates entirely online, they don’t have physical branch offices for customer service. However, clients can access CIBC ATMs to withdraw cash or manage basic account services. If you prefer some level of in-person interaction, this is the only available physical option. These ATMs provide essential access, even without a traditional brick-and-mortar banking experience.
