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Email this1:57 pm
May 28, 2013
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With the special rate over, and only 0.3% on offer for their HISA (what a laugh!) my money will be going to other FIs.
I'll come back if they offer something which is not an insult to one's intelligence.
3:10 pm
September 30, 2017
Online
These days I read a lot about deposits leaving the FI when a promo expires and not extended. Yet the big picture - Titanic is sinking and there is not enough lifeboats & too much load on any lifeboat may just sink it eventually as well. I am a bit nervous about the one I am in right now.
1:36 pm
April 6, 2013
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If CIBC, who is behind Simplii Financial, had needed all the deposit money that came in as a result of the offer, then they would have extended the offer for everyone.
Not extending the offer and letting the rate fall to 0.30% is just a polite way for them to get rid of those deposits until they have an opportunity to profitably use those deposits again.
11:56 am
January 23, 2019
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It is my understanding that at the end of April 2020 Simplii extended their November 2019 2.80% on HISA balances from May 1, 2020 to August 31, 2020. Now that we are fast approaching the end of August, has anyone heard what Simplii is going to do, if anything, to retain those balances?
2:26 pm
May 28, 2013
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Retiredfa said
It is my understanding that at the end of April 2020 Simplii extended their November 2019 2.80% on HISA balances from May 1, 2020 to August 31, 2020. Now that we are fast approaching the end of August, has anyone heard what Simplii is going to do, if anything, to retain those balances?
I certainly got no such extension. They moved me to 0.3%, so my money went elsewhere.
5:28 pm
February 20, 2018
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got 2% till end of october by phone
8:27 pm
April 20, 2019
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Bud said
got 2% till end of october by phone
Did you cold call them for that rate recently or were you given an email offer?
6:37 am
February 20, 2018
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suburbs4life said
Did you cold call them for that rate recently or were you given an email offer?
cold call
7:06 am
January 23, 2019
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Thanks for your updates rhvic & Bud!
8:47 am
August 26, 2020
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Hello, new member here. Does anyone have a direct contact to get a high interest rate as of August 30 2020 with Simplii?
7:21 am
August 10, 2018
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Called today, Representative was insistent that they do not make adjustments to posted rates. I told her that was not true, but she would not bend. Time to move on to greener pastures.
3:16 pm
October 17, 2018
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Heads up to take a screenshot ( and maybe even good news). I just logged in and was offered 2.30% until March 31 2021 . I am currently enrolled in promo that ends October 31. New money only I think.
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