Comparison

Simplii Financial vs Binta

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

Binta

This app helps tenants in Canada build their credit history by reporting rent payments to major credit bureaus. It also offers rewards for on-time payments and financial education resources. Landlords can attract and retain responsible tenants by offering this financially beneficial service.

Highlights
  • Report rent payments to credit bureaus
  • Build and improve credit score
  • Earn rewards for rent payments
  • Access financial education resources
  • Attract and retain responsible tenants
  • Secure and automatic rent payment reporting
Features
Read full description

Welcome to Binta - Transform Your Rent into a Financial Powerhouse! Binta is here to revolutionize renting in Canada, bringing tenants, landlords, and property managers an innovative app that makes renting easier, more rewarding, and financially beneficial for everyone. With Binta, your rent not only secures your home but also boosts your credit score, simplifies payments, and provides a suite of financial services at your fingertips. Why Choose Binta for Rent Reporting? For Tenants: Build Your Credit History: Each rent payment reported through Binta helps establish or improve your credit score, opening doors to better financial opportunities. Seamless Rent Reporting: Effortlessly report your rent to major credit bureaus in Canada with a few taps on your mobile phone through this app. Unlock Rewards: Earn valuable rewards for every rent payment, making each month more rewarding. Financial Education and Empowerment: Access tailored financial education resources to help you understand and navigate Canadian financial systems. Your Financial Journey Starts Here! How It Works Sign Up: Quick and easy registration. Get started with Binta in just a few clicks. Report Your Rent: Start reporting your rent payments to credit bureaus and watch your credit score grow. Earn Rewards: Collect rewards and points for every rent payment, redeemable for a wide range of rewards. Join a Community of Empowered Tenants Binta is more than an app; it's a movement towards financial inclusion and empowerment for tenants across Canada. Whether you're renting your first apartment or leveraging your rental history for future financial goals, Binta is your trusted companion. For Landlords & Property Managers: Attract and Retain Responsible Tenants: Encourages a pool of tenants who value timely payments, aiming to build or enhance their credit scores. Reduces Late Payments: The incentive of positively affecting credit scores motivates tenants to pay rent on time, ensuring steadier cash flow for landlords. Enhances Property Appeal: Makes properties more attractive to potential tenants, especially those looking to improve their financial standing, potentially allowing for higher rents and quicker tenant placement. Supports Tenant Financial Health: Shows a commitment to tenants' financial well-being, fostering positive relationships and reducing turnover by helping them build credit through rent payments. Key Features: Quick and easy setup of your rental account. Secure and automatic rent payment reporting to credit bureaus. Real-time tracking of your credit score improvement. Exclusive access to financial rewards and educational content. Ready to Transform Your Rental Apartments or Housing units? Download Binta now and start building a brighter financial future with every rent payment. Welcome to smarter renting—welcome to Binta.

Screenshots

Simplii Financial4 screens
Binta4 screens

Verdict

The call

The clearest difference is review sentiment: Binta at 100% against Simplii Financial's 23%. Binta also leads on rating (5.0 vs 3.9) and update cadence (every 11 days vs every 5 weeks). Simplii Financial's advantage is ads (none vs shown) and ratings volume (76 vs 2). On price, in-app purchases and device support 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

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

Binta holds the better App Store score, 5.0 against 3.9. That said, the two scores are not equally well evidenced: Simplii Financial has 76 ratings behind it against 2, so its average is the more settled of the two. Written reviews point the same way: 23% of Simplii Financial's written reviews are positive against 100% of Binta's.

UpkeepUpdate frequency

Simplii Financial ships an update every 5 weeks, Binta every 11 days. The most recent releases landed on November 1, 2026 and October 30, 2026 respectively.

Scorecard7 real differences · 3 level
Simplii Financial versus Binta: the parameters behind the verdict, then further details
ParameterSimplii FinancialBinta
PriceFreeFree
Rating3.9 (76 ratings)5.0 (2 ratings) — better
Positive reviews23.1% of reviews100.0% of reviews — better
Number of ratings76 — better2
Update frequencyEvery 5 weeksEvery 11 days — better
AdsNo — betterYes
In-app purchasesNoNo
MonetizationFree — betterAd-supported
DevicesiPhone, iPadiPhone, iPad, iPod — better
Requires iOS17.015.1 — better
Further details — not scored
Size81 MB41 MB
Age rating4+4+
DeveloperCIBCBinta Financial Inc

Customer experience

Simplii Financial

All ratings76 ratings
Positive75.0%
Neutral5.3%
Negative19.7%
Written reviews308 reviews
Positive23.1%
Neutral12.0%
Negative64.9%

Binta

All ratings2 ratings
Positive100.0%
Neutral0.0%
Negative0.0%
Written reviews7 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

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

Binta

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

Simplii Financial

No in-app purchases

None

Binta

No in-app purchases

Questions

Is Simplii Financial free?
Simplii Financial is free to download, with no in-app purchases.
Is Binta free?
Binta is free to download, with no in-app purchases.
Which has better reviews, Simplii Financial or Binta?
Binta is rated higher. Simplii Financial averages 3.9 out of 5 from 76 ratings, while Binta averages 5.0 from 2 ratings.
Do Simplii Financial or Binta have ads?
Binta shows ads; Simplii Financial does not.
Which is updated more often, Simplii Financial or Binta?
Simplii Financial ships an update every 5 weeks, and Binta every 11 days. Most recently, Simplii Financial was updated on November 1, 2026 and Binta on October 30, 2026.

Other comparisons