Here’s a friendly reminder of the increased welcome bonus for the Simplii Financial™ Cash Back Visa* Card! We consider this card to be one of Canada’s five best no fee cash back credit cards and right now new cardholders can earn 20% cash back in the first 3 months on $500 in spend in select categories†.
The 20% cash back welcome bonus offer
The 20% introductory offer is for the card’s categories. Those categories typically earn 1.5% cash back but right now Simplii will boost that by 18.5% to a total of 20% for up to $500 in spend in the first three months.
The highest cash back percentage in market!
This bonus from Simplii continues to be the highest cash back percentage we have ever seen on a Canadian credit card. That’s percentage only though, not the final value of the welcome bonus. As the 20% is limited to $500 in spend it only works out to $100 cash back.
There are cards out there whose welcome bonuses provide more than double that with a lower cash back percentage on spend for their welcome bonus. However, the majority of those cards have annual fees. In the no annual fee category the Simplii Financial Cash Back Visa Card’s $100 value is competitive with most other offers out there.
Ultimately, the Simplii Financial Cash Back Visa Card is an excellent option for anyone looking for a basic no fee card that comes with great cash back rewards. The 1.5% and 4% cash back on select spending categories are some of the best in market for no fee cash back cards.
Simplii Financial Cash Back Visa Card details
Get 20% cashback in your first 3 months on eligible gas, groceries, drugstore purchases and pre-authorized payments (up to $500 spend)†
- For your first 3 months with a Cash Back Visa* Card, enjoy 20% cash back† on eligible gas, groceries, drugstore purchases and pre-authorized payments. Up to $500 spend.
- Earn 4% on eligible restaurant, bar and coffee shop purchases up to $5,000 spend per year †
- Earn 1.5% on eligible gas, groceries, drugstore purchases and pre-authorized payments, up to $15,000 per year †
- Earn 0.5% on on all other credit card purchases with no limit on how much you can earn †
- Purchase Security and Extended Protection Insurance †
- Apply now
† Terms and conditions apply. Click ‘Apply Now’ for complete details. This offer is not available for residents of 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.