JohnnyCash said

No, it seems you are a special case. At one time in years past Simplii would target clients with another promo offer a few days into the following month after their previous promo ended. Of course they would backdate it to the 1st of the month, even though you only got the email days later. The eligible funds would have been as described in your post. Bottom line - better luck next time.  

rk said
I understand that generally speaking one can get an offer even if they have only a few cents in their account. That was not my point, though. Has anyone else received an offer for 3.40% or more in the last few days? In this thread people are talking about 2.5%, 2.75% ... arguably that is significantly less than my offer.
Maybe I have received a higher offer because I had a significant amount in my account on June 1st.  

No, it seems you are a special case. At one time in years past Simplii would target clients with another promo offer a few days into the following month after their previous promo ended. Of course they would backdate it to the 1st of the month, even though you only got the email days later. The eligible funds would have been as described in your post. Bottom line - better luck next time.

Peter said
I was just offered 2.75% between June 10, 2026 and February 28, 2027 -- not quite 9 months, but their headline is calling it "up to 9 months"  

Hopefully, it's not "up to 2.75%" ...

Norman1 said

rk said

I am just wondering if they are only sending this offer to people who had a significant balance as of June 1, 2026 .

Simplii likely doesn't consider the savings account balance. I've received targeted offers from them with less than $10 in the savings account.

Simplii is actually CIBC, one of the Big 5 Banks. Those banks can raise short-term funds through deposit notes. The going rate for those 30 day and 60 day notes is around 2%.  

Likewise, I leave a few cents in the account and still receive the offers.

rk said

I am just wondering if they are only sending this offer to people who had a significant balance as of June 1, 2026 .

Simplii likely doesn't consider the savings account balance. I've received targeted offers from them with less than $10 in the savings account.

Simplii is actually CIBC, one of the Big 5 Banks. Those banks can raise short-term funds through deposit notes. The going rate for those 30 day and 60 day notes is around 2%.

Consequently, these offers are more marketing exercises than attempts to raise funds.

rk said
This should be a new topic, I guess.
I have logged into my Simplii account and an offer was waiting for me: 3.40% until end of August.
I accepted it without checking the details... then I realized that I made a mistake. The fine print:
Only new deposits that exceed the account’s closing balance as of June 1, 2026 will earn the special interest rate. This includes any deposits you make before September 30, 2026 up to $1,000,000. All other deposits will earn interest at your regular interest rate.
On June 1, 2026 I still had a significant amount in my account (from my previous 3.20% offer, which ended on may 31, 2026).
There is no Cancel or Un-accept button... so I am stuck now with an offer which I cannot use.
I know, my mistake 🙂
I am just wondering if they are only sending this offer to people who had a significant balance as of June 1, 2026 .  

They've done it before, just need to make sure funds are out the next day after the previous offer expires so that your closing balance is close to zero. Of course if the next day is not a business day one needs to potentially lose out on some interest by doing it prior to.

Unfortunately, their system didn't forget about offering me 2½%. The "My Offers" page now works and shows that earlier 2½% offer I declined.

The system also sent me a "Want to earn more savings this summer?" e-mail:

Earn 2.50%^† on eligible deposits to your High Interest Savings Account

Summer’s about to get richer.

Open a Simplii High Interest Savings Account and earn 2.50%† on all eligible deposits — up to $1,000,000.

No fees, no minimums. No fixed terms. Just a great rate all until Sep. 30. Terms apply.

Hit “Accept offer” and let’s go.

Accept offer‡

 
 
^‡ Only clients targeted with the promotional offer are eligible to enrol. The promotional interest cannot be substituted or transferred to a third party. The offer is non-transferable and cannot be combined with other promotional rate offers. The offer may be withdrawn, cancelled or changed without notice at any time. By clicking the "Accept offer" button, you agree to accept the promotional offer through digital banking. Upon successful enrolment, you will receive a confirmation email detailing the eligible High Interest Savings Account(s) included in the offer.

Jim Sherat said
I just received offer in email form .... 3.20% until Sept 30th.
As I have nothing else going on, after my current 4.60% CIBC HISA offer expires at month end, will likely Accept. Beats anything on the HISA Rate Chart. 😉  

Just accepted Simplii at 3.4% until September 30, 2026. Strange how they come up with all these different rates for different people.

COIN said

rhvic said
(I'm getting 5.0% at Scotia Bank)

Wow!!!!!!

How did you manage to get 5% at BNS?  

YMMV

https://www.scotiabank.com/ca/.....count.html

rhvic said
(I'm getting 5.0% at Scotia Bank)

Wow!!!!!!

How did you manage to get 5% at BNS?

rhvic said
The 'accept offer' link in my email from Simplii never did work, and I still had no offers showing when I logged in. Today I phoned Simplii and was informed that yes there is an offer for me, 2.5% til September. I informed the agent that was too low, and I declined to accept it. (I'm getting 5.0% at Scotia Bank)

Perhaps I will get a better offer later?  

Had a 2.5% offer popup in the app, declined it and will wait to see if they'll up their low-ball offer.