Free Interac e-Transfers!
If you're going to... use Interac to send money
you might as well... not pay a transaction fee and earn pretty decent interest for storing your money at Simplii Financial!
How does it work?
Simplii Financial (a subsidiary of CIBC that replaced President's Choice Financial) is an online bank that offers pretty much the same services and products that PC Financial used to. I simply use Simplii for the free Interac e-transfers. Their competitor, Tangerine, offers free e-transfers through their own network but charges $1 for each Interac e-transfer. Orange you glad you know about Simplii?
Show me the money!
No referral bonuses for signing up, but you can read how to make free Interac e-transfers through Simplii Financial. I know, I know. Saving $1 at a time doesn't seem like much, but if you frequently transfer funds to yourself to, say, pay your bills through a third-party mobile app that rewards you cashback... well, it will start making dollars and sense!
Interested in being a customer? Visit simplii.com to find out more details.