cash backno fee

Simplii Financial™ Cash Back Visa* Card

Name: Simplii Financial™ Cash Back Visa* Card
Brand: Simplii Financial

4.2

Welcome bonus

20% cash back on eligible purchases for your first 3 months. Up to $500 spend*

4% restaurants, bars & coffee shops — 4% on up to $5,000/yr
1.5% gas & ev charging
1.5% groceries

Annual fee: No annual fee
Interest rates: Purchases
21.99%
Cash advances
22.99%
Foreign transactions: 2.5%

Rated by the CreditCardGuru Editorial Team

The best no-fee card for people who eat out a lot. The 4% dining rate is hard to beat without paying an annual fee — just watch the annual cap.

At a glance

Annual fee: No annual fee
Welcome bonus: $100
Foreign tx fee: 2.5%
Network: VISA
Rewards: cash back
Purchase APR: 21.99%

Rewards & earn rates

Restaurants, bars & coffee shops4% on up to $5,000/yr	4%
Gas & EV charging	1.5%
Groceries	1.5%
Recurring bills	1.5%
Everything else	0.5%

Welcome offer: 20% cash back on eligible purchases for your first 3 months. Up to $500 spend* (20% cash back on eligible purchases for your first 3 months. Up to $500 spend*).

Pros & cons

Pros

Excellent no-fee dining rate
Useful 1.5% on gas, groceries and bills
No annual fee

Cons

Dining 4% capped at $5,000/year
Only 0.5% on general spend

Perks & insurance

Key perks

No annual fee
4% at restaurants is rare for a no-fee card
Pairs with the no-fee Simplii chequing account

Insurance

Purchase security
Extended warranty

Rates & fees

Annual fee: None
Purchase interest: 21.99%
Cash advance: 22.99%
Foreign transactions: 2.5%
Min. personal income: $15,000

Last updated August 24, 2026Reviewed by CreditCardGuru Editorial Team

Terms & conditions

Rates and offers change. Every rate, fee, welcome offer and benefit on this page was accurate when last reviewed, but Simplii Financial can change or withdraw any of them at any time — sometimes without notice. Confirm the current terms on Simplii Financial's own website before you apply.

Eligibility is theirs to decide. Approval, credit limits, interest rates and welcome offers depend on your credit history and Simplii Financial's own criteria. Bonuses often exclude anyone who has held the card before, and usually require a minimum spend within a set period.

This is not advice. The reviews and ratings here are our editorial opinion, not financial, tax or legal advice, and not a recommendation for your circumstances. Speak to a qualified professional before making a financial decision.

How we make money. CreditCardGuru may earn a commission when you apply through links on this page. It never affects our ratings or what we write — see our advertiser disclosure and rating methodology.

CreditCardGuru is not affiliated with Simplii Financial. Trademarks belong to their respective owners.

Similar cards to consider

Guru Pick Scotiabank

Scotia Momentum® Visa Infinite +* Card

4.5·Households with large grocery and bill spending who want maximum cash back.

Annual fee: ~~$120~~ $0
Welcome bonus: $300
Top reward: 4% groceries

Top-tier 4% on groceries and recurring bills
Multi-year winner of best cash back card awards

Suggested score 720+ · Excellent credit

Apply now View details

Guru Pick CIBC

CIBC Dividend Visa Infinite Card

4.5·Households with heavy grocery and gas spend who want maximum cash back.

Annual fee: ~~$120~~ $0
Welcome bonus: $350
Top reward: 4% groceries

4% on gas and groceries is among the highest in Canada
Strong 2% middle tier covers dining, transit and bills

Suggested score 720+ · Excellent credit

Apply now View details

Disclaimer: This page is for informational purposes only and does not constitute financial, tax or legal advice. Card terms and offers change and may be out of date — always verify with the issuer before applying, and consult a qualified professional before making financial decisions. CreditCardGuru may earn a commission from cards featured on this site; this never influences our editorial ratings. See our advertiser disclosure.

Written by

CreditCardGuru Editorial Team

Rewards & Cards Research

Our editorial team independently researches and rates every credit card in Canada using a transparent, data-driven methodology. We update card terms continuously and never let issuer relationships influence our ratings.

200+ Canadian cards tracked
Transparent rating methodology
Updated continuously

Cite this page

“Simplii Financial™ Cash Back Visa* Card Review (2026)” — CreditCardGuru, https://creditcardguru.ca/cards/simplii-cash-back-visa, updated August 24, 2026.