Thursday, November 1, 2018

Simplii Financial: Earn 3.15% interest on new deposits

Deal Link: https://www.simplii.com/en/bank-accounts/high-interest-savings.html
Expiry: Feb 28, 2019

If you are a Simplii Financial client, you can earn 3.15% interest on new deposits until Feb 28, 2019. Online registration is required.

This offer is available between November 1, 2018 and February 28, 2019 to Simplii Financial savings accounts: High Interest Savings Account and Savings Account (“Non-Registered Savings Accounts”) and  Daily Interest RRSP Account, RRSP Savings Account and Tax -Free Savings Account (“Registered Savings Accounts”). To participate in this offer, existing savings account holders must enrol during the offer period. Account holders who do not have a Simplii Financial savings account as at October 31, 2018 are automatically enrolled for this offer if they open an eligible savings account during the offer period. (BTW, there is an offer for new clients too: https://www.canadianrewards.net/2018/09/simplii-financial-new-clients-can-earn.html)

The special interest rate of 3.15% is a combination of promotional and regular annual interest that is calculated on a savings account, as described below, between November 1, 2018 and February 28, 2019. Savings accounts will continue to earn regular interest on balances, calculated daily and paid monthly. Promotional interest for Non-Registered Savings Accounts is calculated on the portion of a Non-Registered Savings Account’s average daily closing balance during the offer period that exceeds the closing balance as at October 31, 2018, to a maximum of $500,000 across all primary account holder’s Non-Registered Savings Accounts. Promotional interest for Registered Savings Accounts is calculated on the portion of a Registered Savings Account’s average daily closing balance during the offer period that exceeds the closing balance as at October 31, 2018, to a maximum of $500,000 across all primary account holder’s Registered Savings Accounts. Promotional interest for certain savings accounts will not be paid on existing funds held in other Simplii Financial accounts on October 31, 2018 and transferred to a savings account.