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Pros & Cons

Pros

  • +No monthly fee
  • +Unlimited transactions
  • +Unlimited Interac e-Transfers

Cons

Current Promotion

Open a Simplii Financial No Fee Chequing Account before September 30, 2026 and earn a $300 cash bonus plus a $50 Skip gift card by setting up eligible direct deposits of at least $100 per month for 3 consecutive months, within 120 days of opening.

Save over $200 a year with this no monthly fee, no minimum balance account.

Enjoy free access to all CIBC ATMs across Canada, as well as unlimited Interac and debit transactions.

Ends Sep 30, 2026

Account Features

  • E-StatementIncluded
  • Unlimited TransactionsIncluded
  • Unlimited Interac e-TransfersIncluded

Special Offer

Get $300 cash and a $50 Skip gift card when you open a No Fee Simplii chequing account and make eligible direct deposits of at least $100 per month for 3 consecutive months within 120 days of opening. Offer valid until September 30, 2026. New clients only. Conditions apply.

Ends Sep 30, 2026

Terms and conditions

This product is not available for Quebec residents.

Earn $300 and a $50 Skip gift card when you become a new client

  • Open a No-fee Chequing Account by March 31st, 2026;
  • Add an eligible direct deposit of at least $100 per month for 3 consecutive months.

No Fee Chequing Account

Save over $200/year with free daily banking. No more monthly fees!

  • No monthly or minimum balance needed
  • Free access to all CIBC ATMs across Canada
  • Unlimited Interac e-Transfer® and debit transactions

Global Money Transfer

Get $50 when you make your first global money transfer with your new chequing account offer.

  • Use promo code GMTEVENT to claim this offer
  • Send up to $50,000 worldwide
  • No transfer fees or deductions
  • For many countries, send in both the local currency and U.S. dollars

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*Conditions apply.

Conditions apply. All information is believed accurate but not guaranteed. Account details, rates, and offers are subject to change at any time. Always verify the latest terms on the institution's website. Ratesopedia may receive compensation through affiliate links. This does not affect our editorial choices or rankings. © 2026 Simplii Financial. All trademarks are property of their respective owners.