Comparison

Simplii Financial vs Spendwise

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Simplii Financial

Manage your finances on the go with this award-winning banking app. Pay bills, transfer funds, send and receive money internationally for free, and apply for new accounts. Enjoy exclusive offers and secure banking features.

Highlights
  • Pay bills
  • Transfer funds
  • Send/receive money internationally
  • Order foreign cash
  • Apply for accounts
  • Manage alerts
  • Chat with live agent
Read full description

Simplii mobile banking app makes banking simpler. Check balances, pay bills, deposit cheques, send and receive money in a snap with Interac e-Transfer®, move money between accounts and find a nearby CIBC ATM with ease. Simplii makes everyday banking easy. Pay bills, deposit cheques, move money and send or receive funds in a snap with Interac e-Transfer®. Bank wherever you are, explore exclusive offers and apply for new products in minutes. Need more? Access over 3,400 CIBC ATMs across Canada at no extra cost, send money worldwide in multiple currencies and get support 24/7. With trusted security and a refreshed experience, Simplii helps you bank confidently—anytime, anywhere. LANGUAGES Supports English PRIVACY Your privacy and security comes first. Learn more about how Simplii is committed to protecting you by visiting https://www.cibc.com/en/privacy-security.html LEGAL By downloading the Simplii Mobile Banking App you consent to the installation of this App and to any future updates or upgrades which may be automatically installed depending upon your device or operating system's default settings or the settings you have selected. The app (including any updates or upgrades) may: (i) cause your device to automatically communicate with our servers to deliver the features and functionality described in the app description or through new features as they are introduced, and to record usage metrics; (ii) affect preferences or data stored on your device; and collect, use and disclose personal information as set out in our Privacy Policy. You can withdraw your consent at any time by uninstalling this App. For assistance, contact Simplii Financial at the mailing address or contact information below. "Simplii Financial" is a division of CIBC. Banking services are not available in Quebec. CONTACT For your banking questions, please visit: https://www.simplii.com/en/contact-us.html Simplii Contact Centre: 1-888-723-8881 Address: Simplii Financial, PO Box 603 Station Agincourt, Toronto, ON, M1S 5K9 Website: https://www.simplii.com/en/home.html © Interac e-Transfer is a registered trademark of Interac Inc. Used under license. †Simplii foreign exchange rates apply.

About

Spendwise

Features
Read full description

Privacy Assurance: Your transaction data is securely stored on your device and personal iCloud, with a firm commitment to never sharing your information with us. Enjoy complete privacy and control over your sensitive banking details.

Screenshots

Simplii Financial4 screens
Spendwise4 screens

Verdict

The call

The clearest difference is price: Simplii Financial at Free against Spendwise's $0.99. Spendwise's advantage is update cadence (fortnightly vs every 5 weeks). On ads, in-app purchases, device support and iOS requirement there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Simplii Financial is free to download; Spendwise costs $0.99 up front. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

Simplii Financial ships an update every 5 weeks, Spendwise fortnightly. The most recent releases landed on November 1, 2026 and November 4, 2026 respectively.

Scorecard2 real differences · 8 level
Simplii Financial versus Spendwise: the parameters behind the verdict, then further details
ParameterSimplii FinancialSpendwise
PriceFree — better$0.99
Rating3.9 (76 ratings) — better—
Positive reviews23.1% of reviews—
Number of ratings76 — better—
Update frequencyEvery 5 weeksFortnightly — better
AdsNoNo
In-app purchasesNoNo
MonetizationFree—
DevicesiPhone, iPadiPhone, iPad
Requires iOS17.017.0
Further details — not scored
Size81 MB3 MB
Age rating4+4+
DeveloperCIBCWizEyes Tech

Bugs and requests

Simplii Financial

Reported bugs

3 issues
  • App freezes during login
  • Mobile deposit not working
  • Notification badge not clearing

Requested features

3 requests
  • Dark mode option
  • Transaction notifications
  • Improved account management tools

Spendwise

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

Simplii Financial

No in-app purchases

None

Spendwise

No in-app purchases

Questions

Is Simplii Financial free?
Simplii Financial is free to download, with no in-app purchases.
Is Spendwise free?
Spendwise costs $0.99, with no in-app purchases.
Do Simplii Financial or Spendwise have ads?
Neither Simplii Financial nor Spendwise shows ads.
Which is updated more often, Simplii Financial or Spendwise?
Simplii Financial ships an update every 5 weeks, and Spendwise fortnightly. Most recently, Simplii Financial was updated on November 1, 2026 and Spendwise on November 4, 2026.

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