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Pros & Cons

Pros

  • +No monthly fee
  • +Unlimited transactions
  • +E-statements available

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.

Account Features

  • E-StatementIncluded
  • Unlimited TransactionsIncluded

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.

Related Accounts

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. Audrey 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.