Simplii financial Review

About Simplii financial

Simplii Financial: Banking Made Simple and Easy

Simplii Financial is a Canadian online bank that offers a wide range of financial products and services to its customers. The company was founded in 2017 as a subsidiary of the Canadian Imperial Bank of Commerce (CIBC) and has since then been providing Canadians with simple, easy-to-use banking solutions.

At Simplii Financial, the focus is on making banking as easy and straightforward as possible. The company's mission is to simplify banking for Canadians by offering them convenient access to their money, no matter where they are or what time it is.

One of the key features that sets Simplii Financial apart from other banks in Canada is its online-only model. This means that customers can manage their accounts entirely online, without ever having to visit a physical branch. This makes banking with Simplii Financial incredibly convenient for busy people who don't have time to visit a bank during regular business hours.

Another advantage of banking with Simplii Financial is the low fees associated with its products and services. Unlike traditional banks that charge high fees for everything from ATM withdrawals to account maintenance, Simplii Financial offers many fee-free options for its customers.

For example, all Simplii Financial chequing accounts come with unlimited transactions at no extra cost. Customers can also use any CIBC ATM across Canada without paying any additional fees. Additionally, there are no monthly account fees or minimum balance requirements for most accounts.

Simplifying Banking Through Innovative Products

Simplii Financial offers a variety of innovative products designed to make banking easier than ever before. One such product is the High-Interest Savings Account (HISA), which allows customers to earn interest on their savings at competitive rates.

The HISA account comes with no monthly fees or minimum balance requirements and provides customers with easy access to their funds whenever they need them. Customers can also set up automatic savings plans through this account so they can save money effortlessly.

Another popular product offered by Simplii Financial is the Cash Back Visa Card. This credit card offers customers cash back on all their purchases, with no annual fee. Customers can earn up to 4% cash back on eligible gas and grocery purchases, and up to 1.5% cash back on all other purchases.

The Cash Back Visa Card also comes with a range of additional benefits, including travel insurance coverage and purchase protection. Customers can manage their credit card account online through the Simplii Financial website or mobile app.

Simplifying Banking Through Technology

Simplii Financial is committed to using technology to make banking as easy as possible for its customers. The company's website and mobile app are designed with simplicity in mind, making it easy for customers to manage their accounts from anywhere at any time.

The Simplii Financial mobile app allows customers to check their account balances, transfer funds between accounts, pay bills, deposit cheques using their smartphone camera, and more. The app also provides real-time notifications so that customers can stay informed about any changes in their account status.

In addition to its user-friendly website and mobile app, Simplii Financial also offers a range of digital tools designed to help customers manage their finances more effectively. These tools include budgeting calculators, retirement planning tools, debt reduction calculators and more.

Conclusion

Simplii Financial is an innovative online bank that has revolutionized the way Canadians bank today. With its focus on simplicity and convenience combined with low fees and innovative products like the HISA account or Cash Back Visa Card - it's no wonder why so many Canadians have chosen Simplii as their go-to financial institution!

Whether you're looking for a simple chequing account or want access to cutting-edge financial products like high-interest savings accounts or cashback credit cards - Simplii has got you covered! So why wait? Sign up today and start enjoying banking made simple!