Simplii Financial is a CIBC company. They opened November 1, 2017, with all of the former accounts from PC Financial moving seamlessly into Simplii Financial.
We have bank accounts at Simplii Financial (formerly PC Financial) and at Tangerine (formerly ING Direct Canada.)
Comparing Tangerine with Simplii Financial
The two online low-to-no fee banks that are accessible to (almost) all Canadians are Tangerine and Simplii Financial. I have accounts at both.
Which is Better Tangerine or Simplii Financial?
Optimizing Short Term Interest Rates Using Tangerine and Simplii Financial
Bank Accounts
For All SIMPLII Financial Bank Accounts
- Using Free INTERAC e-Transfers to Email Money and Pay Bills from Simplii Financial
- How to Accept and Deposit an INTERAC e-Transfer Sent from Simplii Financial Into Your Bank Account
- How Much Money Will I Get at Various Interest Rates
- Is My Money In Savings Accounts and GICs At Simplii Financial Protected by CDIC Insurance?
Business Accounts
As of November 2017, Simplii Financial does not offer any business bank accounts or accounts for non-profit organizations.
(Tangerine does offer Business Savings Accounts but not Business Chequing Accounts as of November, 2017.)
Chequing Accounts
Opening Chequing Accounts
Paying Bills and Transferring Money
- How to Request a Transfer In to Your Simplii Financial Account from Your Linked External Bank Account
- Using Free INTERAC e-Transfers to Email Money and Pay Bills from Simplii Financial
- How to Add or Delete a Bill Payee to Pay My Credit Card Bill at Simplii Financial
Using Cheques
- How to Order Free Cheques for a Simplii Financial Chequing Account
- How Long Will It Take to Get My Cheques from Simplii Financial and What Do They Look Like?
Savings Accounts
US Dollar Accounts
As of November 2017, Simplii Financial does not offer US dollar savings or chequing accounts.
If you withdraw money in US dollars, which can be done from some CIBC bank machines, you will pay a fee and an exchange rate for the money. If you deposit US dollars into your Simplii Financial account you will pay a fee and an exchange rate because they will convert the funds to Canadian dollars.
Other Products
Guaranteed Investment Certificates, GICs
Mortgages
Mutual Funds
Registered Education Savings Plans, RESPs
Registered Retirement Income Funds, RRIFs
Registered Retirement Savings Plans, RRSPs
Making RRSP Contributions at Simplii Financial
- [How to Make a RRSP Contribution at Simplii Financial]
- I’m Not Sure What to Do with My RRSP Money—What Should I Do Till I Decide?
Transferring Out RRSPs from Simplii Financial
Tax-Free Savings Accounts, TFSAs
- [What TFSA Investment Choices Does Simplii Financial Offer?]
- How to Choose a Standard Bank Tax Free Savings Account, TFSA, with Minimal or No Fees
Death and Taxes
- How Do I Get My 2017 T5 for my EQ Bank, Simplii Financial, and Tangerine Accounts?
- How to Get Your Income Tax Slips (T5s, RRSP slips) for Your Simplii Financial Accounts
- [How to Designate Beneficiaries and Successor Account Holders for your Simplii Financial Accounts, RRSPs and TFSAs]
Articles trapped in [ ] brackets have not been published yet. Sorry! But I am working on them.