What Is Simplii Financial?
In 2026, Canadians have more options than ever when it comes to CIBC's digital banking brand, history, CDIC coverage. Digital-first providers consistently offer better rates and lower fees than traditional banks.
Our top recommendation for most Canadians: start with KOHO for a $20 signup bonus plus $100 per referral (use code 45ET55JSYA), then add Neo Financial for cashback (code J4C9H3K5). Both are free to open and can be stacked.
No-Fee Chequing
In 2026, Canadians have more options than ever when it comes to Unlimited free transactions, Interac e-Transfers, CIBC ATM access. Digital-first providers consistently offer better rates and lower fees than traditional banks.
Our top recommendation for most Canadians: start with KOHO for a $20 signup bonus plus $100 per referral (use code 45ET55JSYA), then add Neo Financial for cashback (code J4C9H3K5). Both are free to open and can be stacked.
Savings Rates
In 2026, Canadians have more options than ever when it comes to High-interest savings promotional and regular rates. Digital-first providers consistently offer better rates and lower fees than traditional banks.
Our top recommendation for most Canadians: start with KOHO for a $20 signup bonus plus $100 per referral (use code 45ET55JSYA), then add Neo Financial for cashback (code J4C9H3K5). Both are free to open and can be stacked.
Signup Bonus
In 2026, Canadians have more options than ever when it comes to Current $400 promotional bonus and requirements. Digital-first providers consistently offer better rates and lower fees than traditional banks.
Our top recommendation for most Canadians: start with KOHO for a $20 signup bonus plus $100 per referral (use code 45ET55JSYA), then add Neo Financial for cashback (code J4C9H3K5). Both are free to open and can be stacked.
Simplii vs Tangerine
In 2026, Canadians have more options than ever when it comes to Head-to-head comparison of Canada's top free banks. Digital-first providers consistently offer better rates and lower fees than traditional banks.
Our top recommendation for most Canadians: start with KOHO for a $20 signup bonus plus $100 per referral (use code 45ET55JSYA), then add Neo Financial for cashback (code J4C9H3K5). Both are free to open and can be stacked.
Who It's Best For
In 2026, Canadians have more options than ever when it comes to Budget-conscious Canadians who want free big-bank infrastructure. Digital-first providers consistently offer better rates and lower fees than traditional banks.
Our top recommendation for most Canadians: start with KOHO for a $20 signup bonus plus $100 per referral (use code 45ET55JSYA), then add Neo Financial for cashback (code J4C9H3K5). Both are free to open and can be stacked.
Looking for the best deals?
Check our Banking Offers page for verified offers updated weekly.
Neo Financial code: J4C9H3K5 | KOHO code: 45ET55JSYA