2.8% Interest Offer - by invitation only (YMMV)
- August 31, 2020
- Simplii Financial
Offer Period: May 1, 2020 through August 31, 2020. To participate in the Simplii Financial™ promotional interest offer (the “Offer”), an eligible account holder must enroll during the Offer Period by accepting the online offer through online banking or by calling 1-866-747-8128.
The Offer is available by invitation only to select Simplii Financial High Interest Savings Account and/or Savings Account (“Eligible Accounts”) account holders during the Offer Period. The special annual interest rate of 2.80% is a combination of the regular annual interest rate on an Eligible Account balance (“Regular Interest”), plus the promotional annual interest rate (“Promotional Interest”) that is calculated at the end of the Offer Period on the Additional Balance (as defined below). Eligible Accounts will continue to earn Regular Interest on balances calculated daily and paid monthly. The Promotional Interest is calculated at the end of the Offer Period on the portion of an Eligible Account’s average daily closing balance during the Offer Period that exceeds the closing balance as at October 31, 2019 (the “Additional Balance”) to a maximum of $500,000 in Additional Balances aggregated across all of a primary account holder’s Eligible Accounts . Promotional Interest will not be paid on existing funds that were in a Simplii Financial Account as at October 31, 2019 and are transferred to an Eligible Account. If a savings account is overdrawn as at October 31, 2019, the closing balance will be deemed to $0.00. Promotional Interest will be paid in September 2020 into a single Eligible Account held by a primary account holder. Interest rates may change at any time without notice. Offer is non-transferable and cannot be combined with other promotional rate offers, and may be changed or cancelled at any time without notice . Other conditions and restrictions apply. Click here for the full terms and conditions of this offer.