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[Simplii] Simplii free $10 with foreign cash purchase!

  • Last Updated:
  • Jul 20th, 2019 10:16 am
[OP]
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Oct 2, 2009
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Toronto :)

Simplii free $10 with foreign cash purchase!

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Retailer:
Simplii
Get set for your next trip. Our new Simplii FinancialTM Foreign Cash service makes it easy for you to get the cash you want. We have up to 65 currencies available with great exchange rates.

Simply order the funds you need with no fees attached. We’ll deliver your foreign cash for free to your home or preferred Canada Post location.

No lineups. No hassles. And, best of all, no shipping fees. All this for you – to thank you for banking with us!

Get a $10 bonus when you place your first foreign cash order and use below code.

Use code: SIMPLIICASH

Looks like minimum required is $100 CAD as that is the minimum purchase you can make.

Fine prints: *
Order foreign cash for the first time from your Simplii FinancialTM No Fee Chequing Account or Simplii Financial Personal Line of Credit or Simplii Financial Secured Line of Credit using online or mobile banking, and use promo code SIMPLIICASH and receive $10 CAD in your Simplii Financial bank account within 20 business days. CIBC foreign exchange rates apply. Maximum order amount is $2,500 CAD. One offer per person, per account, including joint accounts. Offer available from J​u​ne​ 4,​ 2​0​1​9 until J​u​n​e​ 4,​ 2​0​2​0 and can be changed or cancelled at any time without notice.
Last edited by zumi78878 on Jun 5th, 2019 7:38 pm, edited 2 times in total.
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Thread Summary
Thought I'd add some clarity in here re the process since CIBC / SIMPLII seemed to have rushed this one so their UX is not overly great.

1. Sign Into Your SIMPLII online banking account

2. Once signed in , from the menu on the left-hand-side click on "Order Foreign Cash"

3. On that page, just ignore the box in the middle (providing the illusion that's where you'd select the amount/currency...)
and just click on the Order Now button at the bottom

4. The next step will be "Agreement"
i.e. ...Do you accept the Agreement above? ---> links to this PDF doc:
By clicking "I Agree". You accept to be bound by the Agreement for all Foreign Exchange Cash transactions.

5. you will then get a message stating "Thank you for accepting the terms and conditions" and that will be the actual STEP #1 of 4 of the ordering process.
Here you will be asked to specify Currency you wish to buy (e.g. 70 EUR etc.), and Denomination (radio options) : Mixed bills, Large bills, Small Bills

Once done, select proceed, which will show you a summary of what you're buying, and your total costs in CAD

You can then click on NEXT to go to step 2 or Add another currency

6. STEP #2: This is where you can A) specify if you wish to get the cash delivered to HOME or pick up from a Canada Post office
and B) this is (finally) where you'd get a free form field to enter your promo code i.e. SIMPLIICASH
Once done click Next...

7. Step #3: Select which Account you wish to pay for this purchase from... and provides a summary
At the bottom of the page is the "SUBMIT ORDER" button to finalize the process

8. Step #4 : Confirmation


AFTER you've done this, when you go back to the Order Foreign Cash page you will see the REFERRAL LINK show up in the top right corner

Hope this helps
47 replies
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Jun 3, 2008
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Is there a minimum order to get the $10 bonus?
[OP]
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Oct 2, 2009
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SoroSuub1 wrote:
Jun 5th, 2019 7:30 pm
Is there a minimum order to get the $10 bonus?
Just added fine prints. Doesnt specify minimum so probably not?
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Member
Nov 12, 2017
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I wonder if this stacks with the $25 referral. Great deal, if so
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Sep 28, 2010
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krispy4 wrote:
Jun 5th, 2019 7:49 pm
I wonder if this stacks with the $25 referral. Great deal, if so
Which referral is that?

Anyone know how long it takes to deliver the cash? I’m leaving Sunday.
2015 wins: Trip for 2 to NYC with airfare, limo, hotel and insurance ($3700); Maple Leafs tickets($250); 32GB HTC One M9 ($700), Samsung Galaxy Tab 10.1($200), Samsung Galaxy Note 5($850), Aukey 2 port fast car charger($23), Fitbit Flex ($120), Blue Piston Bluetooth Speaker ($30). 2016 wins: nada
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Jan 31, 2006
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So let say, I buy cad$100 in USD$ equivalent usd$75 and get free cad$10. Convert the usd$75 back to CAD$ on a later date, how much free money did I get? less than cad$10. it seems not worth doing it. Am I right?
Member
Nov 12, 2017
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cgtlky wrote:
Jun 5th, 2019 8:25 pm
So let say, I buy cad$100 in USD$ equivalent usd$75 and get free cad$10. Convert the usd$75 back to CAD$ on a later date, how much free money did I get? less than cad$10. it seems not worth doing it. Am I right?
You'll probably gain a profit of $5. But then again, its not worth just converting back and forth, each transaction is costing you money. Convert it once and keep the USD. I see this as Amazon's promo of reloading a gift card with $100 and getting a $7.50 bonus
Last edited by krispy4 on Jun 5th, 2019 8:30 pm, edited 1 time in total.
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cgtlky wrote:
Jun 5th, 2019 8:25 pm
So let say, I buy cad$100 in USD$ equivalent usd$75 and get free cad$10. Convert the usd$75 back to CAD$ on a later date, how much free money did I get? less than cad$10. it seems not worth doing it. Am I right?
You can't store USD at Simplii, so it'd cost you whatever you use to trade back (TransferWise, etc.)

OP, deal is cold as ice. 2.5% FTF is $2.50 on $100, so $7.50 profit. Must deposit in account outside Canada. I guess if you were to trade $100 CAD to dump into your USD account anyway, then it's okay...but you'd never use in again beyond the $10 welcome bonus since TransferWise and the likes are cheaper.

Heck, Koho and Stack are cheaper than CIBC/Simplii's 2.5% FTF. $7.50 profit on a peer to peer international money transfer is cold as ice. 7.5k PCO pts on $20 produce spend is nice.
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ceredon wrote:
Jun 5th, 2019 8:18 pm
Which referral is that?

Anyone know how long it takes to deliver the cash? I’m leaving Sunday.
it told me 5 days
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Sep 28, 2010
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mike10 wrote:
Jun 5th, 2019 8:45 pm
it told me 5 days
Thanks. Unfortunate then. It’s exactly the wrong time.
2015 wins: Trip for 2 to NYC with airfare, limo, hotel and insurance ($3700); Maple Leafs tickets($250); 32GB HTC One M9 ($700), Samsung Galaxy Tab 10.1($200), Samsung Galaxy Note 5($850), Aukey 2 port fast car charger($23), Fitbit Flex ($120), Blue Piston Bluetooth Speaker ($30). 2016 wins: nada
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Jan 2, 2013
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I tried buying USD but the discount is always zero. Anyone else?
Newbie
Mar 6, 2019
2 posts
Promo Code doesnot work. Tried to convert CAD 100.70 yo 73USD but did not gave any discount.
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Jun 17, 2013
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ankurfree wrote:
Jun 5th, 2019 9:46 pm
Promo Code doesnot work. Tried to convert CAD 100.70 yo 73USD but did not gave any discount.
It says you don't get the $10 until later and its added to your account.
This is a decent deal of you need some US money.
Newbie
Jul 5, 2017
41 posts
14 upvotes
Marginal deal but if you needed $100 CAD worth of US cash soon this will definitely beat out your best local exchange rate.
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Apr 22, 2012
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TORONTO
ovaltene wrote:
Jun 6th, 2019 2:42 pm
Marginal deal but if you needed $100 CAD worth of US cash soon this will definitely beat out your best local exchange rate.
The deal is get $10 - $2.50(FTF)=$7.50 when you convert $100.00 cad to ~$75usd and you can pick up the usd from post office. Am I correct? Thanks.

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