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Best Simplii Financial Credit Cards in Canada for November 2025
Published Nov 21, 2025 2:19 PM
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Credit Card ExpertIn all honesty, there's only one Simplii Financial credit card currently available in Canada. Nevertheless, this contender stands out for its impressive cashback rate on dining expenses.
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Simplii Financial™ Cash Back Visa* Card: Best Overall
Best Simplii Financial Credit Cards in Canada
Our choice for: Best Overall
APPLY NOW
on Simplii Financial™'s website
Welcome Bonus
8% cash back† up to $1,000 in spending
Annual Fee
$0
Interest Rates
20.99%* / 22.99%*
If you dine out a lot and don't want to pay an annual fee for your credit card, the Simplii Financial™ Cash Back Visa* Card will undoubtedly be one of your best friends with its 4% cashback. Additionally, the card offers a decent cashback rate (1.5%) for gas, pharmacy, and groceries, making it one of the best no-annual-fee cashback credit cards in Canada. However, there are limits on how much you can earn in these categories. Therefore, you need to be careful not to exceed those limits; otherwise, your cashback rate will drop to 0.5% after those spending limits are reached.
Pros
- Highest cashback rate on restaurant purchases in Canada!
- Decent cashback rate on high spent categories such as groceries and gas.
- No annual fee for a card with great rewards.
Cons
- No insurance and benefits other than the standard purchase protection and extended warranty.
- Cap on the rewards that can be earned on each category.
Rewards
- 4% cash back on eligible restaurant, bar, and coffee shop purchases up to $5,000 spent per year†
- 1.5% cash back on gas, groceries, drugstore, and pre-authorized payments up to $15,000 spent per year†
- 0.5% cashback on all other purchases†
Insurance
Coverage
Purchase Protection
Up to 90 days
Extended Warranty
Up to 1 year
Eligibility
Credit Score
GoodAnnual Income
$15,000 household
*†Terms and conditions apply. Click ‘Apply Now’ for complete details. Banking services are not available in Quebec. *“Purchase” means any Transaction other than a Cash Advance, Balance Transfer or Convenience Cheque. “Cash” means a Cash Advance, Balance Transfer and Convenience Cheque. Interest rates may change from time to time. Check here for full details and current product information.
From our editors: The Best Simplii Financial Credit Card in Canada
Best Overall: Simplii Financial Cash Back Visa Card
For no annual fee, the Simplii Financial Cash Back Visa Card earns you competitive cashback on eligible dining expenses, including restaurant, bar, and coffee shop purchases, making it one of the best dining credit cards in Canada. You can also collect decent cashback on other common categories like gas, groceries, drugstore, and pre-authorized payments. While there are no benefits provided, cardholders receive standard coverage like purchase protection and extended warranty insurance. To learn more, check out our Simplii Financial Cash Back Visa Card Review.
Additional Simplii Financial Products in Canada
As mentioned, there is only one Simplii Financial credit card in Canada, however, there are other Simplii Financial banking products available.
Simplii Financial No Fee Chequing Account
If you're looking to open a chequing account, consider the Simplii Financial No Fee Chequing Account. This account boasts unlimited debit purchases, e-transfers, bill payments, and withdrawals; all for no monthly fees with no minimum balance. Account holders also unlock complimentary access to over 3,400 CIBC ATMs across Canada.
Simplii Financial High Interest Savings Account
For those eager to tuck money away into a high interest savings account, Simplii Financial also has you covered with the Simplii Financial High Interest Savings Account. This product avoids monthly fees, minimum balances, and transaction fees, plus it's easy to set up automatic deposits. The best part? New applicants receive a high-interest welcome bonus on eligible deposits for the first few months of membership.
How to Apply for the Simplii Financial Cash Back Visa Card
To apply for the Simplii Financial Cash Back Visa Card, simply tap the "Apply Now" button beneath the card profile above. This button will redirect you to the Simplii Financial official website to kickstart the application process. Credit card applications typically ask for your personal information (think birthdate, phone number, address) and financial information (such as your income).
Frequently Asked Questions
Yes. Especially if you're a foodie looking for an affordable way to optimize your restaurant, bar, and coffee shop purchases.
Yes. Simplii Financial also offers a no fee chequing account and high interest savings account. Learn more about each product above.
Simplii Financial is a division of CIBC, a big bank that's been in the business for over 150 years.
About the author
Sara Skodak
Lead Writer
Since graduating from the University of Western Ontario, Sara has built a diverse writing portfolio, covering topics in the travel, business, and wellness sectors. As a self-started freelance content ...
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Abid Salahi
Credit Card Expert
Abid leads the design and engineering of the FinlyWealth website, making sure everything runs smoothly and looks great. He’s a seasoned software engineer who follows best practices and designs interfa...
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Kevin Shahnazari
Credit Card Expert
Kevin started FinlyWealth and juggles a bit of everything—digging into data, running our marketing, and keeping the finances on track. Before this, he spent years as a data scientist at tech companies...
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