Targeted Simplii HISA offer of 5% Dec 1, 2022 to Apr 30, 2023 | Simplii Financial | Discussion forum

No popup offer for me, went on chat to double check if I was eligible. Seems I did not get the offer this time. No matter, got the Tangerine 5% until the end of April to tide me over.

I tried Simplii chat, asked for this offer.
No soup for me this time, Simplii replied.

Winnie said
I tried Simplii chat, asked for this offer.
No soup for me this time, Simplii replied.  

me neither.

And based on some that reported did not rec the invite but qualifies, they just want me to bug them every time until they say "yes" ?...

Just chatted with "Mike", told me it's only for new clients, even after I said I'd heard online that some existing customers qualify. You might want to make sure you get a confirming email before backing up the truck to drop off a load.

I'll try that, thanks agit.

I called and was told I was not targeted, passed the phone to my husband and they said he qualifies for offer 5% till end of April. He received email confirmation within hour. At least one in the family got the offer.

The fine print (full version): https://www.simplii.com/content/dam/simplii-public-assets/documents/pdf/savings-account-rate-offer.pdf

The information included with the confirmation email is below.

This offer is available from December 1, 2022 to April 30, 2023 (the "Offer Period"), by invitation only. The special annual interest rate of 5.00% is a combination of promotional and regular annual interest rates payable on deposits made to an eligible Simplii Financial High Interest Savings Account ("HISA"), Tax Free Savings Account ("TFSA") or RRSP Savings Account ("RRSP"), respectively (each, an "Eligible Savings Account") during the Offer Period. Eligible Savings Accounts opened before the Offer Period must be enrolled in the offer by the primary account holder. Eligible Savings Accounts opened during the Offer Period are automatically enrolled in the offer.

For Eligible Savings Accounts opened before the Offer Period that have been enrolled in the offer, promotional interest is calculated on the portion of the applicable account's average daily closing balance during the Offer Period that exceeds the closing balance as at November 30, 2022 (the "Additional Balance").

For Eligible Savings Accounts opened during the Offer Period, promotional interest is calculated on the portion of the applicable account's average daily closing balance from the date the account is opened to the end of the Offer Period (the "New Balance").

The maximum balance (which includes the Additional Balance and New Balance) that is eligible for promotional interest is $500,000 aggregated across all Eligible Savings Accounts of the primary account holder. Promotional interest will be paid in May 2023 into each eligible TFSA, RRSP and for HISAs, into a single eligible HISA held by the primary account holder that is open and in good standing at the time of payment.

Each TFSA or RRSP holder is solely responsible for knowing what their RRSP or TFSA contribution room is and not over-contributing, otherwise, penalty taxes may apply and for RRSPs, contributions may not be tax deductible. Eligible Savings Accounts will continue to earn regular interest, calculated on the daily closing balance and paid monthly.

The offer is non-transferable and cannot be combined with other promotional rate offers. Promotional interest and regular interest rates are subject to change at any time without notice. See here [LINK ABOVE] for the full terms and conditions.

"SIMPLII FINANCIAL" and the SIMPLII FINANCIAL DESIGNS are trademarks of CIBC.

"SIMPLII FINANCIAL" is a division of CIBC. Banking services are not available in Quebec.

I don't see any "Chat" button on the Simplii website. Where is it?

I did not receive an email for this 5% offer, nor was there any message about it on the web site when I logged in. I did thus try the chat method and asked the agent if I could get the same special offer. The agent said yes and immediately enrolled me in the offer. The agent promised to send a confirming email (anywhere from one hour to a day wait?) and when that arrives I will initiate transfers to my Simplii account.

Now that is the first time that I was able to get a special offer via chat , for an offer which I had not been invited to. Usually their answer is along the lines of 'no, you do not qualify, go away'.

This fits in nicely with the impending end of my current Tangerine special of 4.3%, which ends Dec 31.