OTR – Simplii HISA rate change | Page 3 | Simplii Financial | Discussion forum

hwyc said
Simplii HISA tier rates

Annual rate (If your account balance is)
0.40% ($0.00 to $50,000.00)
0.40% ($50,000.01 to $100,000.00)
0.40% ($100,000.01 to $500,000.00)
1.00% ($500,000.01 to $1,000,000.00)
2.00% ($1,000,000.01 and up)

Since we don't cover Simplii on the chart, let's keep this thread rate informational & leave personal comments elsewhere ? Much appreciated.  

This is exactly what I predicted and chatted about with support.

I brought this up in another topic here saying simplii is going after big money and will bring in the highest interest rate for the top tier.

I will have to find the topic.

It's still a poor rate but better than nothing when one is using the simplii account as a transfer account between two other institutions.

The question is.... are all the funds at 2% or just the part over a million?

I am thinking it is the entire amount.