OTR – Simplii HISA rate change | Simplii Financial (formerly PC Financial) | Discussion forum

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OTR – Simplii HISA rate change
March 10, 2020
6:52 am
hwyc
GTA
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September 30, 2017
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Down from previously 1.05%

Capture.JPG

... very bad news to deposits before October 31, 2019, there is a tipping point where the benefits of the new money (2.8%) is not enough to shield the old (0.70%).

March 10, 2020
2:18 pm
Winnie
Ontario
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December 7, 2011
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Simplii 2.8% promo magically disappeared from Simplii website and now is back again.

March 10, 2020
2:32 pm
Winnie
Ontario
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March 25, 2020
6:09 am
hwyc
GTA
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September 30, 2017
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OTR - screenshot taken today HISA is 0.50%
Capture-simplii.JPG

March 25, 2020
6:50 pm
Save2Retire@55
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January 3, 2013
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Simplii is always weird. They don't depost the special rate monthly but wait when the promotion time is over. Guess they are saving themselves money by not paying interest on the special interest income.

Amazing they now have a live Chat Support! I just confirmed with them, The promotional interest will be paid out in a lump sum at the end of May.

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