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Simplii Cash Back Visa
VISANo annual fee rewards
Simplii Cash Back Visa
Earn up to 20% cash back
Annual fee No feePurchase APR 21.99%
Apply on Simplii Financial →Why get this card
- ✓No annual fee
- ✓Earn 4% on restaurants, bars and coffee shops
Earn rates
- Restaurants, Bars and Coffee Shops4%
up to $5,000 per year
- Gas, Groceries, Drugstores and Pre-authorized Payments1.5%
up to $15,000 per year
- All other purchases0.5%
no limit
Welcome offer
Earn up to 20% cash back
- Bonus points
- —
- Minimum spend
- $500
- Spend window
- 90 days
- Offer ends
- —
Earn cash back on essentials with a Simplii Cash Back Visa Card! Earn up to $100 cash back in your first 3 months when you spend up to $500 on eligible gas, grocery, and drugstore purchases, and pre-authorized payments.
Fees
- Annual fee
- No fee
- Additional card
- —
- Foreign transaction fee
- —
Interest rates
- Purchase APR
- 21.99%
- Cash advance APR
- 22.99%
- Balance transfer APR
- —
- Grace period
- 21 days
- Rate effective date
- —
Benefits & insurance
- Lounge access
- —
- Insurance coverages
- 3
- Purchase Security
- Extended Protection Insurance
- Optional extra CIBC Travel Medical Insurance
Redemption & eligibility
- Reward currency
- CAD
- Redemption options
- Applied as an annual credit on the January statement
- Transfer partners
- —
- Min. personal income
- $15,000
- Min. household income
- —
Must be a Canadian resident (excluding Quebec) and at least the age of majority in province or territory.
Compare with similar cards
Frequently asked
- Is the Simplii Cash Back Visa worth it?
- It carries a No fee annual fee. No annual fee. Compare it against similar cards below before deciding.
- What is the annual fee and interest rate on the Simplii Cash Back Visa?
- The annual fee is No fee. The purchase interest rate is 21.99% and the cash advance rate is 22.99%. These are sourced from Simplii Financial's official page.
- What rewards does the Simplii Cash Back Visa earn?
- It earns up to 4% on restaurants, bars and coffee shops, in CAD. See the full earn-rate breakdown above.
- What income do I need for the Simplii Cash Back Visa?
- Simplii Financial lists a minimum personal income of $15,000.
Official sources
Every figure on this page comes from Simplii Financial's own pages. Last checked 2026-06-13.