2.25% on new savings account deposits until December 31, 2016 | Page 4 | Simplii Financial | Discussion forum

2of3aintbad said

I never got an email advertising the promotion, and would not have called in to ask for it, but when offered on log in, I accepted. I waited a few days, with no email confirmation. After the first time, I never saw the offer on log in. So I phoned in and the rep confirmed that I was enrolled. Since then, I have not received any confirmation. So you got 2, and I got none.

I received an e-mail confirmation two days after I accepted the latest 2¼% offer on log in.

Make sure the your PC Financial account has your current e-mail address. It is also possible the junk mail filter on the e-mail account thinks the messages are spam and deposited them into a spam or junk mail folder.

The PC Financial offers usually pay all the bonus interest shortly after the end of the offer period. It is a bit different this time in that the bonus interest won't be paid if it is less than 50¢.

This is from the 2¼% Rate Promo Offer Terms and Conditions (September 1, 2016 – December 31, 2016):

The President’s Choice Financial® promotional interest offer (the “Offer”) is available to all Eligible Accounts between September 1, 2016 and December 31, 2016 (the “Offer Period”).
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2. The special annual interest rate of 2.25% is a combination of the regular annual interest rate set by President’s Choice Financial payable on an Eligible Account balance (“Regular Interest”), plus promotional interest (“Promotional Interest”) that is calculated for the Offer Period on the Additional Balance as defined below.

3. The Promotional Interest is calculated on December 31, 2016 on the portion of the Eligible Account’s average daily closing balance during the Offer Period that exceeds the closing balance as at August 31, 2016 (the “Additional Balance”) to a maximum of $500,000 in Additional Balances aggregated across all of an account holder’s Eligible Accounts. The daily closing balance in any Eligible Account opened during the Enrolment Period will be deemed to be $0.00 until the date a deposit is made in the Eligible Account. If an Eligible Account is overdrawn as at August 31, 2016, the closing balance is deemed to be $0.00. Promotional Interest will not be paid on existing funds that were in a President’s Choice Financial account as at August 31, 2016 and are transferred to an Eligible Account.

4. All Promotional Interest $0.50 or over will be paid in January 2017 into a single Eligible Account held by a primary account holder. Promotional Interest will not be paid unless at least one of the primary account holder’s Eligible Accounts is active and in good standing as at December 31, 2016. If a primary account holder holds more than one Eligible Account, Promotional Interest will be paid to an Eligible Account in the following priority sequence:

a. to the primary account holder’s Interest Plus Savings Account, if it is active and in good standing; otherwise
b. to the primary account holder’s Interest First Savings Account, if it is active and in good standing.

In the event the primary account holder has more than one of the same account type, Promotional Interest will be paid to the oldest account that is active and in good standing.
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