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moneyGenius Team
Written and Edited By

Anyone who has sent a Simplii Financial Global Money Transfer knows that it’s a valuable, convenient service from a reputable financial institution.

But did you know that you can earn a $50 cash bonus, thanks to the Simplii Refer A Friend program?

Let’s take a look at how this program works.

The Simplii Refer A Friend program gives you both $50

The Simplii Refer A Friend program is pretty simple. All you, the Simplii Financial client, have to do is copy your unique referral link, send it to a friend or family member, and wait for them to send a Simplii Financial Global Money Transfer (GMT) of at least $100.

And once they send that first GMT, you’ll both receive $50 via Interac e-Transfer.

The friend or family member using your referral code doesn’t even have to be a Simplii client to take advantage of this offer. All they need is the code.

How to find your referral code

Of course, you have to find your code in order to share it with someone.

First of all, if you’re not a Simplii client, you can click here to get your referral link.

If you already are a client, you can find your code by signing into your Simplii Financial client account as usual, either through their mobile app or via an internet browser. Select “Global Money Transfer,” scroll down toward the bottom of the page, and you’ll see a button that says “Get referral link.”

Copy and paste that link into an email or text message and send it to your mom, dad, sibling, great Aunt Mildred, former college roommate, or the guy in the cubicle next to you at work. Then you wait for them to send a GMT.

Once they do, you’ll get a notification to say that you’ve received a $50 e-Transfer. Easy peasy.

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What is a Simplii Financial Global Money Transfer anyway?

The $50 reward offered by the Simplii Refer A Friend program is specific to their GMT service – a handy and helpful way to send money to friends and relatives overseas.

You can learn more about this product here:

Mid-market Exchange Rate?
Yes
Hidden Fees?
Yes
Example Fees For $1,000
  • $0
Transfer Limits
  • 75,000
0.5 Genius Rating
1.0 (1) User Reviews

Sending money to loved ones overseas should be a quick and easy process. A Simplii Global Money Transfer allows you to make money transfers of up to $75,000 per day (depending on the country), in local currency or in U.S. dollars. Transfers typically take 1 to 3 business days to process and have no initial transfer fees.

Pros
  • No transfer fees
  • Money transfer tracking
  • Cash back and referral rewards
  • Pick up your money at MoneyGram
  • Get cash rewards by referring a friend
Cons
  • Not available in Quebec
  • Hidden fees
Provinces
AB, BC, MB, NB, NL, NU, NT, NS, ON, PE, SK, YT
Eligibility
  • Must have a Simplii Financial account or credit card
Why You Want It
Pay $0 in transfer fees + Send up to $75,000 within a 24-hour period.
Special Features
  • Cash back rewards (when used with Simplii Cash Back Visa)
  • Money transfer tracking
  • Linked directly to your bank account, no 3rd party information sharing
  • Get $50 when you refer a friend & they use your link
  • Chance to win $5000
Mid-market Exchange Rate?
Yes
Hidden Fees?
Yes
Example Fees For $1,000
  • $0
Example Transfer Speed For $1,000
  • Cash Pickup: Same day
  • Bank account: 1 - 3 business days
  • Visa debit/credit cards: Real time
Debit Transfer?
Yes
Credit Transfer?
Yes
Bank Account Transfer?
Yes
Paypal Transfer?
No
Transfer Limits
  • 75,000
 

Perhaps the 2 best features of a Simplii GMT are:

  • you’re able to use a credit card to fund your transfer, and
  • your recipient can use the convenient cash pickup service.

Plus, you can send money to over 130 different countries. And they’ll receive it within 1 to 3 business days.

The GMT service can stand on its own, but the Simplii Refer A Friend program makes it even more worthwhile to tell your friends about.

Will you take the $50 bonus offered by the Simplii Refer A Friend program?

So what do you think? Are you already logging in to send your Simplii Refer A Friend referral code to your neighbour?

Or maybe you’ve already taken advantage of this offer. How did it go?

We love hearing about our readers’ experiences, so feel free to leave us a note in the comment section below.

If you liked this article and want more practical ways to save money every day, we've compiled our best tips all in one place.

Editorial Disclaimer: The content here reflects the author's opinion alone, and is not endorsed or sponsored by a bank, credit card issuer, rewards program or other entity. For complete and updated product information please visit the product issuer's website.

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Comments

Tiff
Tiff |October 8, 2024
It's pretty sweet, a simple 50$ is guaranteed if you just keep 100$ in your new account and keep it above that threshold for 30 days. You can also earn an additional 500$ if you add on an eligible direct deposit of at least $100 a month for 3 straight months to your No Fee Chequing account!
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