Simplii Referral Bonus August 2022: $500 Up For Grabs

Simplii Financial has one of the best new bank account promotions in Canada. It is also one of the best online banks.

When you open a new account using our Simplii referral link or Simplii referral code, you get a $400 sign-up cash bonus.

In addition, you could invite your friends and earn up to $500 per referral.

Read on to learn about how the Simplii referral program works and how to take advantage and earn unlimited bonuses.

Simplii Refer a Friend Bonus ($50)

When you sign up for a new Simplii account using a valid Simplii referral link (no promo code required), you get a $50 bonus.

The Simplii accounts eligible for the “refer-a-friend” bonus include:

  • Simplii no-fee chequing account
  • Simplii high interest savings account
  • Simplii Cash Back Visa Card, and
  • Simplii personal line of credit

Each of these accounts has requirements you must meet to qualify for the $50 bonus. For example, you need to deposit at least $100 in your new chequing or savings account and maintain at least $100 for 30 days.

Simplii hisa offer

To get started, visit Simplii to open a free account.

If you are applying for a mortgage, you get a $100 bonus by using this Simplii referral code (0008149464) when speaking with a Simplii mortgage broker.

In addition to the $50-$100 referral bonus, you also get a $350 cash bonus when you open a chequing account.

Visit Simplii ($400 Bonus)

Simplii $350 Promotion (Free Chequing)

Your cash bonus from Simplii adds up to $400 ($50 + $350) when you open a free Simplii Chequing account and:

Setup a direct deposit to your new account of at least $100 for 3 consecutive months

This is how it works:

  • Sign up via a valid Simplii referral link to get a $50 bonus
  • If you opened a savings or chequing account, deposit $100 or more in the account and keep it there for 30 days
  • The $50 referral cash bonus is added to your account 15 business days after meeting the eligibility conditions
  • If you opened a chequing account, add a direct deposit of at least $100 for 3 straight months. The direct deposit can be your paycheque, pension, or employment insurance
  • A $350 cash bonus is paid to your account 6 months after you meet the requirements

Simplii $300 Global Money Transfer Offer

After opening a Simplii account ($50-$400), you could get up to an extra $300 when you send your first global money transfer and use the applicable promo code.

Learn more in this review.

Simplii Referral Program: Get Up to $500/Referral

As a Simplii customer, you can refer others to open accounts and earn up to $500 per referral.

There is no limit to how much money you can earn.

To get started, share your Simplii referral link or code with your friends. You can find your custom link under the Refer a Friend section on your account dashboard.

When they open a Simplii saving, chequing, or credit card account, you both receive a $50 reward.

If they open a mortgage account, you receive a $500 bonus and they get $100.

Simplii 3% High Interest Savings Promotions

For a limited time, you can earn a 3% interest rate on your deposits in a Simplii savings account.

The interest promotional offer is available until October 31, 2022.

New Bank Account Promotions in Canada

Looking for a new bank account and bonus money alongside? You can check out these offers as well:

Tangerine Bank: The no-fee Tangerine Money-Back Credit Card offers 2% cash back on 2-3 categories of spending and 0.50% cash back on all other purchases. It is also offering 15% cash back on up to $1,000 spent in the first 2 months ($150 value).

KOHO: Get the free KOHO prepaid Mastercard and earn 0.5% cash back on all purchases, including a $20 bonus after making your first purchase (use CASHBACK referral code when signing up).

EQ Bank: The no-fee EQ Bank Savings Plus account offers one of the best non-promotional interest rates in Canada at 1.65%. For a limited time, new clients also get a $150 bonus. Learn more in this review.

Learn more about KOHO.

Simplii Referral FAQs

How do I get a $350 bonus from Simplii?

When you open a Simplii no-fee chequing account and deposit $100 or more via direct deposit for 3 consecutive months, you earn a $350 bonus.

What is Simplii’s new account offer?

You get a $350 bonus when you open a chequing account and meet the eligibility requirements. You also get a $50 bonus ($400 total) when you sign up using a valid referral link.

What is the minimum age to open a Simplii account?

The minimum age for a Simplii bank account is 18 or 19 years depending on your province of residence.

Does Simplii give free cheques?

Yes. Simplii customers can order free personalized cheques.

How much can I earn from the Simplii referral program?

There is no limit to how much you can earn from Simplii’s referral program.


Best Promotions this month

Get the best FREE chequing account offer in Canada with *$350 cash bonus*

$350 cash bonus when you add a $100 direct deposit for 3 months.

Unlimited free debits and Interac e-Transfer transactions.

No monthly account or transaction fees.

Earn a 3.00% high-interest rate on your savings.

No monthly or minimum balance is required.

Best no-fee cash back credit card with a $150 welcome bonus

$150 sign-up bonus on first $1,000 spending within 2 months.

Get unlimited 2% cashback in three categories of spending.

Low $12,000 income requirement and 600+ credit score.

0.50% unlimited cashback on all other purchases and no annual fee.

Get $20 welcome bonus with free KOHO app & up to 10% cash back

Free reloadable prepaid Mastercard (use CASHBACK referral code).

Earn 0.50% cash back on all purchases and up to 10% at select partners.

Save automatically and earn 1.20% interest on your balance.

Access to a free budgeting app.

Get a cash bonus and FREE stock trading in Canada ($25 bonus)

Top commission-free stock and ETF trading platform in Canada.

$25 cash bonus when you fund your account with $150.

$0 trading commissions on thousands of products.

Earn free stocks when you refer your friends.

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Enoch Omololu

Enoch Omololu is a personal finance expert and a veterinarian. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course. He also has an MSc. in Agricultural Economics from the University of Manitoba and a Doctor of Veterinary Medicine degree from the University of Ibadan. Enoch has a passion for helping others win with their personal finances and has been writing about money matters for over a decade. He has been featured or quoted in The Globe and Mail, Winnipeg Free Press, Wealthsimple, Financial Post, Toronto Star, CTV News, Canadian Securities Exchange, Credit Canada, National Post, CIBC, and many other personal finance publications.

His top investment tools include Wealthsimple and Questrade. He earns cash back on purchases using KOHO, monitors his credit score for free using Borrowell, and earns interest on savings through EQ Bank.

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  • Best free chequing account offer in Canada!
  • Get a $350 cash bonus*
  • Unlimited free transactions and no monthly fees.
  • Unlimited free Interac e-Transfers® 
*Terms and conditions apply. Limited time offer.
Get a free chequing account and $350 cash bonus! Unlimited free transactions and no monthly fees!
*Terms and conditions apply. Limited time offer.