Am I eligible?
To get this card, you must also:
Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
What the Critics Are Saying...
- Reed Sutton, Frugal FlyerThe Simplii Financial Cash Back Visa credit card presents a simple value proposition to those who are looking for a new credit card with an easy to understand rewards system and no annual fee. The welcome bonus is decent and the card presents a good opportunity on earning rates of up to 4% cash back...
- Cameron Smonk, Money.caFond of dining out? Got a big friend group you’re often picking up the bar tab for (before invoicing for e-transfers of course)? Young urban professional who wants a daily driver card that doesn’t feel like you’re getting ripped off? The Simplii Financial™ Cash Back Visa* Card is right up your alley...
- Courtney Reilly-Larke, ForbesThe Simplii Financial™ Cash Back Visa* is a no annual fee credit card that offers some of the top cash-back rewards earnings on the market for purchases at restaurants, bars and coffee shops. However, its cash-back earnings in other purchase categories are middling and it offers next to no insurance...
- Enoch Omololu, SAVVY New CanadiansThe cash back offered by the Simplii Financial Cash Back Visa Card is excellent for a no-fee card. For example, if every month you spend $400 on restaurants, $700 on groceries, gas, and bill payments, and $100 on your other purchases, your total annual cash back would be $354 (not including the welc...
- Shannon Terrell, NerdWalletThe Simplii Financial Cash Back Visa is a no-frills cash-back card without an annual fee. Accelerated cash-back rates of up to 4% are available but subject to annual spending caps.
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate | 20.99% |
| Balance Transfer Interest Rate | 22.99% |
| Cash Advance Interest Rate | 22.99% |
| Rates & Fees | |
| Annual Fee | $0.00 |
| Balance Transfer Fee |
3% Maximum |
| Cash Advance Fee | $5.00 |
| Foreign Transaction Fee | 2.5% |
| Over Limit Fee | $29.00 |
| Late Payment Fee | $0.00 |
| Promotions | |
| Sign up bonus |
Get up to 20% cash back on eligible gas, groceries, drugstore purchases and preauthorized payments on the first 3 months. Up to $500 spend. |
| Rewards | |
| All Purchases | 0.5% cash back |
| Restaurants |
4% cash back (on first $5000 spent) On eligible restaurant, bar and coffee shop purchases |
| Gas | 1.5% cash back (on first $15000 spent) |
| Groceries | 1.5% cash back (on first $15000 spent) |
| Hotels | No |
| Travel | No |
| Pharmacy | 1.5% cash back (on first $15000 spent) |
| Bills | No |
| Additional Details |
1.5% cash back on pre-authorized payments (on first $15000 spent) |
| Features & Benefits | |
| Additional Card Holders | Yes |
| Travel Accident Insurance | No |
| Car Rental Insurance | No |
| Car Rental Discount | No |
| Extended Warranty | Yes |
| Purchase Protection | Yes |
| Zero Liability | Yes |
| No Foreign Transaction Fees | No |
| Emergency Assistance | No |
| Concierge Service | No |
| Price Protection | No |
| Fraud Protection | Yes |
| Free Credit Scores | No |
| Wireless Payments | Paywave, Apple Pay, Samsung Pay, Google Pay |
| Virtual Cards | No |
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age |
18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces. |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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