Simplii Referral Bonus: Get a $500 New Bank Account Offer

When you open a new account using our Simplii referral link or Simplii referral code, you get a $500 sign-up cash bonus. In addition, you could invite your friends and earn up to $500 per referral.

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

Simplii $500 Promotion (Free Chequing)

You get a $500 cash bonus from Simplii 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 using a valid Simplii referral link.
• Open a chequing account and add a direct deposit of at least $100 for 3 straight months. The direct deposit can be your paycheque, pension, or employment insurance.
• A $500 cash bonus is paid to your account 6 months after you meet the direct deposit requirements.

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 can also 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 (review link)
• 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 90 days.

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

Simplii Referral Program: Earn 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 5.90% High Interest Savings Promotions

For a limited time, you can earn a 6.25% interest rate on your deposits in a Simplii savings account.

The interest promotional offer is available for 5 months after account opening.

This article is a condensed version of the original guide titled "Simplii Referral Bonus May 2024: $500 Up For Grabs" written by Enoch Omololu and published on Savvy New Canadians.