3.15% Interest at Simplii for 4 months | Page 4 | Simplii Financial (formerly PC Financial) | Discussion forum

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3.15% Interest at Simplii for 4 months
March 7, 2019
4:31 am
matkokubko
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September 1, 2013
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"Promotional Interest will be paid in March 2019".

Please keep us posted when you receive yours Promotional Interest. Thank you. I have not received it yet.

March 14, 2019
9:32 pm
GoldStone
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February 17, 2013
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Has anyone received their Promotional Interest for the promo that ended on Feb 28?

March 15, 2019
3:23 am
gamgam
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February 13, 2018
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Not yet for me?

March 15, 2019
4:24 am
davidgeorge
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I haven't received promotional interest for the promo that ended on Feb 28.

March 15, 2019
4:25 am
krwilson
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March 15, 2019
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This is ridiculous....ides of march and still no bonus interest! No more Simplii for me.

March 15, 2019
2:07 pm
COIN
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March 15, 2019
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krwilson said
This is ridiculous....ides of march and still no bonus interest! No more Simplii for me.  

I called Simplii earlier to-day and was told the "top-up" credit interest will be posted any day now.

I was in the previous 3.15% promotion that ended on February 28, 2019 and I asked the call centre agent about any extension or new promotions. She said "nothing for me". When I asked about other clients, she was coy and didn't give me a clear answer.

March 15, 2019
2:48 pm
fabafter50
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October 22, 2015
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Neither my husband or I either. When I called last week they said 2 week’s maximum. Sure...........

March 15, 2019
9:07 pm
bigbobhurock
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March 15, 2019
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This isn't actually a 3.15% offer. It is misleading. They still haven't paid the bonus interest as of March 15 so the effective interest rate will be much lower. They will not provide an answer as to when it will be paid so they are holding our funds hostage. I will be closing my Simplii accounts as soon as bonus interest is paid, it just is no way to run the business. They think they are saving money, obviously, but in fact they will lose customers.

March 16, 2019
6:20 am
2of3aintbad
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February 24, 2015
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bigbobhurock said
This isn't actually a 3.15% offer. It is misleading. They still haven't paid the bonus interest as of March 15 so the effective interest rate will be much lower. They will not provide an answer as to when it will be paid so they are holding our funds hostage. I will be closing my Simplii accounts as soon as bonus interest is paid, it just is no way to run the business. They think they are saving money, obviously, but in fact they will lose customers.  

Someone in another forum posted that a Simplii CSR told him March 21.

March 17, 2019
5:40 am
savemoresaveoften
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March 30, 2017
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The bank behind Simplii continues to do this little nickel and diming its customers to try to save a few $ that bugs me. You dont see any of the other big banks do anything like that. The "genius" that runs retail banking figure by "holding on" the bonus interest for 3 extra weeks and not paying any compound interest for 4 months, the actual rate is at least a few bps lower than the "advertised rate". This is unethical and just "fool" the less sophiscated customers in my mind.

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