Simplii Financial™ Cash Back Visa* Card Review
Recommended Credit Score:
670 900
Average to Excellent
$0
Welcome Bonus Value
$0
Annual Fee
19.99%
Purchase Interest Rate
NA
Min Personal Required
Simplii Financial™ Cash Back Visa* Card
My Rate Compass Rating: star star star star_half star_outline (3.5)
Bank Name:Simplii Financial
Network Type:VISA
Simplii Financial™ Cash Back Visa* Card
Welcome Bonus
Annual Fee
$0
Simplii Financial™ Cash Back Visa* Card
Card Details

Simplii Financial™ Cash Back Visa* Card Review

Great rewards

No annual fee

Additional cardholders

Insurance
  • Priority airport services No
  • Airport lounge access No
  • Concierge service No
  • Balance protection(Optional) Yes
  • Purchase Security & Extended Protection Insurance Yes
  • Flight delay insurance,Baggage Insurance No
  • Vehicule rental insurance No
  • Travel accident insurance No
  • Travel medical insurance Yes
Fees and Eligibility
Fees
  • Annual Fee: $0
  • Additional Card Fee: $0
  • Purchases Interest Rate: 19.99%
  • Cash Advance Interest Rate: 22.99%
Eligibility
  • You're a Canadian resident
  • You've reached the age of majority in your province or territory
Recommended Credit Score:
670 900
Average to Excellent
Our Rating
My Rate Compass Rating: star star star star_half star_outline (3.5)
Rating Methodology: My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category. Credit card rating methodology
Editorial Guidelines: Learn more about our editorial guidelines here.
Pros and Cons

Pay with your phone

Add your credit card to your mobile wallet and pay with Apple Pay, Google Pay™ or Samsung Pay®.


Protect your purchases with double the manufacturer’s warranty, up to one additional year.


Helps you pay your credit card in times of need, like involuntary job loss, disability, critical illness or if you were to pass away.


Enjoy your trip more knowing you have insurance protection in the event of an emergency.

 

Editor's Review

If you love to get a lot of cash back on your purchases and you want to see those dollars pouring in, then you'll simply love the Simplii Financial® Cash Back Visa* Card. This "simple" cash back card offers some of the best rewards on the Canadian market, giving you cash back of up to 10%.

 

The introductory offers are still exquisite. As a new client, you can get an interest rate of just 10.99% interest on purchases until February 2021, plus 10% cash back on your purchases at restaurants and bars for 4 months.

 

This amazing card comes with no annual fee and allows you to add up to 3 additional cardholders. It offers you a wide range of rewards, including unlimited cash back, payment app integration, extended protection insurance, purchase security, and extras.

 

In terms of cash back, you'll earn 4% on eligible restaurants and coffee shops, 1.5% on groceries, pre-authorized payments, gas & drugstore purchases, and 0.5% on all other credit card purchases. You can quickly calculate your cash back with the tool on their website.    

 

Optionally, you can add CIBC payment protector insurance and emergency travel medical insurance. To become eligible for this card, all you need to have is a minimum of $15k household income.