Simplii Financial Cash Back Visa Card: features and benefits
Earn up to 4% cash back with no annual fee.
The Simplii Financial Cash Back Visa Card is a Canadian cash back credit card offering rewards on everyday spending with no annual fee.
This Visa card is issued by Simplii Financial, a respected digital bank in Canada.
Its combination of flexible rewards and digital convenience makes it stand out for a wide range of users.
With strong cash back rates and no annual cost, it may especially appeal to those seeking value on dining, groceries and more.
Why choose Simplii Financial Cash Back Visa Card
This card gives you the opportunity to earn significant cash back on daily expenses, particularly at restaurants, bars and coffee shops, with a rate of 4% on these categories up to $5,000 in annual spend.
For purchases at gas stations, grocery stores, drugstores and for pre-authorized payments, you earn 1.5% cash back, up to $15,000 per year.
All other purchases receive 0.5% cash back, with no yearly limit.
There is no annual fee for the primary cardholder or for up to three additional cardholders.
Simplii Financial is a well-known digital bank recognized for its security and customer service.
This makes the card accessible to families or shared households looking to maximize rewards without extra cost.
Protection and security
The Simplii Financial Cash Back Visa Card includes purchase security and extended protection insurance, offering double the manufacturer’s warranty up to an additional year on eligible purchases.
You benefit from chip and PIN technology, real-time fraud alerts by email, text, and phone, and advanced Visa security measures for online and in-person shopping.
With options to monitor your spending through the app, you are kept informed of suspicious activity quickly, adding a layer of confidence and safety.
How the credit works
The card has a $0 annual fee, and the purchase interest rate is 21.99%, with cash advances and balance transfers at 22.99%.
Your minimum payment is due at least 21 days after your monthly statement date, letting you avoid interest if fully paid on time.
Repeated missed payments may increase rates, so timely payments are important.
You can use the card with Apple Pay, Google Pay, or Samsung Pay for digital and contactless payments wherever Visa is accepted.
Daily use and digital features
The Simplii app helps you track your spending, monitor reward accumulation, and set up payment alerts.
Cashback is accumulated monthly and automatically applied as a credit each January.
The card offers a welcome bonus for new cardholders, enhanced rewards in select categories for the first three months, and lets you add up to three additional cardholders to speed up earning with household spending.
You also get a free Skip+ membership and a welcome voucher for food delivery when linking your Simplii card to Skip, along with ongoing access to digital banking features for managing your card and rewards.
To learn about eligibility and see step-by-step application instructions, visit our detailed guide.
