Simplii Financial · Visa · Cash back
Reviewed 2026-07-06 · By The Points Standard editorial team
Simplii Financial Cash Back Visa Card
A genuinely good free card for its first year, then a merely average one. Worth opening for the promo; worth pairing with a stronger permanent earner after.
Standard Score breakdown — Situational
Six weighted components, each rated 0–10. "Contributes" is the rating × weight — add all six and you get the 6.20/10 Standard Score above.
See how the Standard Score works or re-weight it to your priorities.
The numbers
| Annual fee | None |
| Welcome bonus | 4% cash back on gas and groceries for the first year (up to $10,000 combined spend) |
| Est. bonus value | ≈ $400 |
| First-year net value | ≈ $420 |
Earn rates
| Gas and groceries (year one promo, then 1.5%) | 4% |
| Everything else | 0.5% |
Why it earns its score
- No annual fee, full Visa acceptance
- Strong first-year gas and grocery rate
- Simple automatic statement-credit redemption
Where it loses points
- Rate drops to 1.5% on gas/groceries after year one
- 0.5% base rate is below average
Who it's for
New-to-Simplii households who want a strong first-year rate on gas and groceries with zero fee.
Who should skip it
You're looking past year one — the CIBC Dividend's 4% is permanent, not a promo.
Included insurance
Purchase protection · Extended warranty
Source: issuer card page · Last reviewed 2026-07-06. Details change often — confirm current terms with the issuer before applying.