Bank accounts in CanadaSFSimplii Financial No Fee Chequing Account
Best for: everyday banking with no monthly fee
- Monthly fee
- $0
- Fees
- No monthly fee. Overdraft costs $4.97 in any month you use it, plus 19% interest on what you are overdrawn.
- Currency
- CAD
Pros
- No monthly fee
- Unlimited debit purchases, bill payments and withdrawals
- Send, request and receive Interac e-Transfers for free
- Free access to over 3,400 CIBC ATMs across Canada
Cons
- Overdraft costs $4.97 in any month you use it, plus 19% interest
How to apply
Apply on Simplii's website.
Verified 13 Oct 2026 · source
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