Simplii Financial Cash Back Visa Card Apply: Benefits – Annual Fee

Check out all the essential details you need to know about the Simplii Financial Cash Back Visa Card right now, including how to apply, requirements, benefits, fees and more.

The card is a great choice for those who want to earn cash back on their everyday purchases without having to pay an annual fee.

This card offers competitive cash back rates, flexible redemption options, and various additional benefits.

How to Apply

Applying for the Simplii Financial Cash Back Visa Card is a simple and straightforward process.

Here’s a step-by-step guide to help you get started:

1. Visit the Official Website: Go to the Simplii Financial official website.
2. Navigate to the Credit Cards Section: Find the credit cards section and select the card.
3. Fill Out the Application Form: Complete the application form with your personal details, financial information, and employment details.
4. Submit the Application: Review your information and submit the application.
5. Wait for Approval: You will receive a notification regarding the status of your application.

Requirements for Applying

To qualify for this card, you need to meet certain requirements:

• Minimum Income: There is no specified minimum income requirement, but having a steady income will increase your chances of approval.
• Credit Score: A good to excellent credit score is recommended.
• Residency: You must be a resident of Canada.
• Age: Applicants must be at least 18 years old.

Benefits of the Simplii Financial Cash Back Visa Card

This card comes with numerous benefits that make it a valuable addition to your wallet:

No Annual Fee: Enjoy the benefits of the card without having to pay an annual fee.

Cash Back Rewards: Earn 4% cash back on eligible restaurant, bar, and coffee shop purchases, 1.5% on gas, groceries, drugstore purchases, and pre-authorized payments, and 0.5% on all other purchases.

Purchase Protection: Coverage for most new purchases against loss, theft, or damage for 90 days from the date of purchase.

Extended Warranty: Doubles the manufacturer’s warranty up to one additional year.

Zero Liability: Protection against unauthorized transactions.

What are the Fees, Annual Fee, and Interest Rates?

The Simplii Financial Cash Back Visa Card has the following fees and interest rates:

• Annual Fee: $0.
• Interest Rates: Standard purchase interest rate of 19.99% and cash advance rate of 22.99%.
• Foreign Transaction Fees: 2.5% on all foreign transactions.

Card Network and Coverage

The Simplii Financial Cash Back Visa Card is part of the Visa network, which means it is widely accepted both domestically and internationally.

This card offers extensive coverage, ensuring you can use it wherever Visa is accepted.

How to Check Your Statement?

Checking your statement for the card is easy:

1. Online Banking: Log in to your Simplii Financial online banking account to view your statement.
2. Mobile App: Use the Simplii Financial mobile app to access your account and check your statement.
3. Paper Statement: You can opt to receive paper statements by mail.

How to Activate Your Simplii Financial Cash Back Visa Card?

Activating this card is a simple process:

• Call the Activation Number: Dial the number provided with your card.
• Online Activation: Log in to your Simplii Financial online banking account and follow the activation instructions.
• Mobile App: Use the Simplii Financial mobile app to activate your card.

Mobile App Features for Simplii Financial Cash Back Visa Card

The Simplii Financial mobile app offers a range of features to help you manage your card:

Account Management: View your account balance, recent transactions, and statements.

Rewards Tracking: Monitor your cash back earnings and see how much you’ve accumulated.

Alerts and Notifications: Set up alerts for payment due dates, transaction limits, and more.

Contact Information for Simplii Financial Cash Back Visa Card

If you need assistance with this card, you can contact Simplii Financial through the following methods:

• Customer Service: Call the Simplii Financial customer service hotline at 1-888-723-8881.
• Online Chat: Use the online chat feature on the Simplii Financial website.
• Branch Visit: Visit your nearest CIBC branch for in-person assistance.

The Card is an excellent option for those who want to earn cash back on everyday purchases without paying an annual fee.

With competitive cash back rates, purchase protection, and other benefits, this card offers great value.

Make sure to review the requirements and fees before applying to ensure it fits your financial situation.

Common Mistakes to Avoid When Using the Simplii Financial Cash Back Visa Card

Using a cashback card effectively requires strategy and discipline. Here are some common mistakes cardholders make and how to avoid them:

1. Paying Only the Minimum Balance:
   Many users fall into the trap of paying just the minimum amount on their statement. This leads to high interest charges that quickly outweigh any cashback rewards earned. Always aim to pay your balance in full each month to avoid these charges.
2. Not Optimizing Spending Categories:
   Failing to focus spending on high-cashback categories reduces your potential earnings. Make a habit of using the card for recurring expenses or large purchases in eligible categories to maximize your rewards.
3. Ignoring Limited-Time Promotions:
   Simplii often offers bonus cashback promotions. Missing these opportunities can mean leaving extra rewards on the table. Stay updated through the app or email notifications to capitalize on these deals.
4. Overlooking Statements:
   Not reviewing your monthly statements can result in unnoticed errors or fraudulent charges. Always check your statement for accuracy and report any discrepancies promptly.
5. Overusing the Card Internationally:
   The foreign transaction fees can accumulate if you frequently use the card abroad. Consider using a travel-specific card for international purchases to avoid extra costs.

Avoiding these mistakes ensures you maximize the value and benefits of the Simplii Financial Cash Back Visa Card.

Is the Simplii Financial Cash Back Visa Card Right for You?

This card is an excellent choice for those seeking a straightforward, no-annual-fee card with strong cashback rewards. It’s ideal for everyday spenders who value simplicity and flexibility in redeeming rewards.

While it lacks some travel-specific perks, its competitive cashback rates and fraud protection make it a solid option for most users.

If you’re looking for a reliable, cost-effective way to earn rewards on your purchases, this card is worth considering.Apply today to start enjoying the benefits!