New deposit offer between March and June 2025 | Simplii Financial | Discussion forum

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New deposit offer between March and June 2025
March 4, 2025
6:00 pm
lesley
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Look in your account. High savings offer. I got 3.5 % till end June.

March 4, 2025
6:45 pm
hwyc
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Thanks for the heads up. Both of us got 3.75% on new money after closing balance on Feb 28th till end of June.

March 4, 2025
6:52 pm
Peter
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hwyc said
Thanks for the heads up. Both of us got 3.75% on new money after closing balance on Feb 28th till end of June.  

I got this exact offer as well.

March 4, 2025
6:52 pm
COIN
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Simplii is still alive? Haven't heard from them since forever.

March 4, 2025
7:29 pm
Norman1
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March 4, 2025
7:58 pm
zgic
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hwyc said
Thanks for the heads up. Both of us got 3.75% on new money after closing balance on Feb 28th till end of June.  

Same offer. My earlier offer ended on Feb 28th. So were we supposed to empty the whole account by 27th? I had about 5k still there on 28th and was not sure if any offer would come up. What about you guys? So will I earn interest only on the extra amount if I keep above 5k?

March 4, 2025
8:09 pm
mustang
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Both spouse and myself got the 3.75 offer
My previous offer expired Feb 28, and I had neglected to clear it out
So, just now activated spouse (who did not have that previous offer), and moved the funds over to her account

March 4, 2025
8:25 pm
Norman1
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zgic said

… So will I earn interest only on the extra amount if I keep above 5k?

That's correct. The top-up to 3.75% is only paid on the parts of the closing balances that exceed the February 28 closing balance:

  • Promotional Interest [3.75% minus regular interest rate] is calculated daily on each day's closing balance that exceeds the closing balance as at February 28, 2025 (the “Additional Balance”) beginning on the enrolment date until the end of the Offer Period [June 30, 2025 11:59 PM UTC];
March 5, 2025
4:16 am
rk
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This is my offer:

No games, just gains. Now earn 2.25% interest.†
Claim this special rate and earn 2.25% interest† on eligible deposits with your High Interest Savings Account. Offer ends June 30, 2025. Terms apply.
Effortless saving starts now.

2.25%? Are they kidding me?

March 5, 2025
4:20 am
KamWest
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The million+ club used to be a really good rate.

With the markets falling I expect this rate to eventually come back to the top as CIBC looks for funds.

Time will tell...

Screenshot-59.png

March 5, 2025
5:28 am
savemoresaveoften
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nice but Manulife has 4.7% and all one has to do is open an advantage account online (existing manulife customer qualifies too), which takes like 5mins. Manulife promo rate good for 4 months. as long as you leave min $1000 in Manulife acct, all fees are waived which makes it same as Simplii during the promo period.

March 5, 2025
6:23 am
hwyc
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rk said
This is my offer:

No games, just gains. Now earn 2.25% interest.†
Claim this special rate and earn 2.25% interest† on eligible deposits with your High Interest Savings Account. Offer ends June 30, 2025. Terms apply.
Effortless saving starts now.

2.25%? Are they kidding me?  

Wow, glad we trade rate details here ... They really targeted the uninformed.

March 5, 2025
7:26 am
Bill
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Our offers are 3.75%. Previous offer ended Feb 28, we always clear out about a week early to make sure any new offers will include everything with Simplii.

March 5, 2025
7:55 am
COIN
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It took forever but I finally got this offer.

Question: If I decline the offer will that help or hurt me with future offers (if any)?

March 5, 2025
8:21 am
victor6433
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savemoresaveoften said
nice but Manulife has 4.7% and all one has to do is open an advantage account online (existing manulife customer qualifies too), which takes like 5mins. Manulife promo rate good for 4 months. as long as you leave min $1000 in Manulife acct, all fees are waived which makes it same as Simplii during the promo period.  

Exactly.. I received the 3.75 from Simplii which is great... 4.70 is much better for now from Manulife..

March 5, 2025
9:03 am
rk
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COIN said
It took forever but I finally got this offer.

Question: If I decline the offer will that help or hurt me with future offers (if any)?  

I am new at Simplii, so I have no idea.
Having said that, I have declined my offer (because I considered it ridiculously low).
We will see if I ever get another offer from them or not. But that will take time.

March 5, 2025
9:21 am
usephrase
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savemoresaveoften said
nice but Manulife has 4.7% and all one has to do is open an advantage account online (existing manulife customer qualifies too), which takes like 5mins. Manulife promo rate good for 4 months. as long as you leave min $1000 in Manulife acct, all fees are waived which makes it same as Simplii during the promo period.  

How do you know "existing manulife customer qualifies too"? I can not find this information on their website.

March 5, 2025
9:43 am
InterestThis
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This seems to be one of the first times Simplii did a new offer right after another one completed. Did not see that coming.

March 5, 2025
9:43 am
mustang
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COIN said
It took forever but I finally got this offer.

Question: If I decline the offer will that help or hurt me with future offers (if any)?  

My own view-- based on personal experience:
It makes absolutely no difference, if you accept, decline, or just ignore an offer-- i.e., as to if/when you would receive another offer in the future
(However, you can pretty much rely that you will not get another offer until this one is expired-- at minimum)

March 5, 2025
9:47 am
savemoresaveoften
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usephrase said

How do you know "existing manulife customer qualifies too"? I can not find this information on their website.  

Personal experience plus I wont post unless its fact check 🙂

I had an account, decided to close it last month due to inactivity. Then this offer pops up. Since I still have my customer profile. I logged in, then select open advantage account thru the promo page, and it shows promo rate etc.

Others have also reported that even it you have an active account, u just have to open another one and it qualifies !

Keep in month 4months promo period start the same day u open the account. So plan accordingly.

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