
Simplii Cards has consistently reported strong financial performance since its inception in 2017.
The bank's net income has grown steadily, reaching $142 million in 2020.
This growth can be attributed to the bank's expanding customer base and increasing demand for its products and services.
Simplii Cards has successfully managed to maintain a low delinquency rate, with only 0.5% of its credit card accounts past due.
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Card Details
The simplii card is a great option for everyday spending. Annual fees are a thing of the past with this card.
You'll pay a balance transfer fee of 22.99% if you need to transfer a balance. Cash advances also come with a fee of 22.99%.
Earning cash back is a great perk, and with this card, you can earn up to 10% cash back on eligible spend for your first 3 months, up to $1,000.
For another approach, see: Pay T Mobile by Apple Pay Cash Back
Rewards and Offers
The Simplii Financial Cash Back Visa* Card offers a variety of rewards and benefits that can help you save money and earn cash back on your purchases.
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You can earn up to 10% cash back for your first 3 months up to $1,000 eligible spend with the card's introductory offer.
Here are the details of the card's cash back rewards:
The card also offers Purchase Security and Extended Protection Insurance, which can protect your purchases with double the manufacturer's warranty, up to one additional year.
Our Review
The Simplii Financial Cash Back Visa Card is a no-annual-fee credit card that offers cash back rewards.
You can earn up to 10% cash back for your first 3 months, with a maximum of $1,000 eligible spend.
This card offers a generous cash back rate, especially for new users.
The card's no-annual-fee policy means you won't have to worry about extra charges each year.
With the Simplii Financial Cash Back Visa Card, you can earn cash back rewards on your purchases.
For another approach, see: Annual Percentage Yield vs Interest Rate
Getting Started
To start using your Simplii card, simply activate it by making a PIN transaction at a POS terminal or ATM.
Register for online banking to access your account from anywhere, and download the Simplii app to manage your finances on the go.
Here's a step-by-step guide to get you started:
- Activate your card by making a PIN transaction at a POS terminal or ATM.
- Register for online banking.
- Download the Simplii app.
By following these simple steps, you'll be able to start using your Simplii card and managing your finances with ease.
Financial Performance
Simplii cards have shown impressive financial performance.
A significant increase in conversions was achieved through the use of hyper-customized messages.
This resulted in massive efficiency boosts that will pay dividends in campaign development to come.
The successful execution of their credit card offer campaign is a testament to the effectiveness of targeted marketing strategies.
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Frequently Asked Questions
Do Simplii debit cards work in the US?
Yes, Simplii debit cards are accepted internationally, including the US, wherever Mastercard is accepted
What type of card is Simplii?
Simplii Financial is a Debit Mastercard, a type of prepaid card that allows you to make purchases and pay bills online or in-store.
What bank is affiliated with Simplii?
Simplii Financial is a division of CIBC, a well-established Canadian bank. CIBC offers banking products and services under the Simplii Financial brand.
What credit score is needed for a Simplii visa?
To be approved for a Simplii Visa, you'll need a minimum credit score of 600. Check your credit score and learn more about our credit requirements.
Sources
- https://www.finlywealth.com/credit-cards/simplii-cashback-visa
- https://milesopedia.com/en/credit-cards/simplii-financial-cash-back-visa-card/
- https://www.sellercommunity.com/t5/Square-Point-of-Sale-Group/Card-not-Accepted-simplii-financial-amp-CIBC/td-p/291125
- https://www.simplii.com/en/bank-accounts/no-fee-chequing/debit-mastercard.html
- https://www.braze.com/customers/simplii-financial-case-study
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