CIBC launches Simplii Financial, to transition its PC Financial-branded products | Simplii Financial | Discussion forum

PC Financial deposit accounts (not including PC Financial credit cards) provided by CIBC to be transitioned to new Simplii Financial in November:

Globe & Mail: CIBC to cut ties with President’s Choice, unveils own digital bank
Financial Post: PC Financial customers to move to Simplii as CIBC, Loblaw part ways

From CIBC: Launches new direct banking brand through Simplii Financial:

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In conjunction with this launch, CIBC and President's Choice Bank have agreed that they will wind-down their consumer banking offer, and clients with President's Choice Financial® products provided by CIBC will transition to Simplii Financial. As the bank behind the President's Choice Financial® consumer banking offer for nearly 20 years, CIBC already provides banking products and services to these clients, as well as mobile, online and telephone banking support. There are no changes to PC Financial® MasterCard® products as they are offered by President's Choice Bank.

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The Simplii Financial brand will replace the President's Choice Financial® brand banking products and services issued by CIBC, effective November 1. Clients can continue to use their bank accounts without interruption and expect the same no-fee daily banking.

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