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Simplii new promo?
March 31, 2021
3:20 pm
magicman
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Contacted them today and they told me new promo coming tomorrow. 1.5% for the 4 months.

April 1, 2021
7:01 am
savemoresaveoften
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magicman said
Contacted them today and they told me new promo coming tomorrow. 1.5% for the 4 months.  

thats worse than the Tang 1.75%.... sigh

April 1, 2021
7:47 am
dentgal
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I called Simplii today. I have a good chunk of money there. They didn't offer me anything. So I will move the money to Tangarine for their 1.75% till June 30th. Aren't the rates expected to rise as we come out of the pandemic?

April 1, 2021
7:57 am
AltaRed
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Central banks have said they will keep overnight rates 'low' for 'years'. There is nothing to incentivize any FI to pay more than they are already paying for HISA funds. With 30-90 day T bills where they are at?

https://www.bankofcanada.ca/rates/interest-rates/t-bill-yields/

The only yields going up are 3, 5, 7, 10 year bonds and that is to be expected at this point in the business cycle.

April 1, 2021
10:13 am
Bud
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February 20, 2018
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Simplii bank run everyone pull out!

April 1, 2021
11:05 am
implode
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April 2, 2015
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This morning, I pulled my Simplii dollars into Tangerine for the 1.75%.
No loyalty there on my part, but the banks are never loyal to their clients either.

April 1, 2021
11:26 am
pooreva
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dentgal said
Aren't the rates expected to rise as we come out of the pandemic?  

Optimist... Laugh of the day...

April 1, 2021
12:22 pm
KamWest
Toronto
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Just received this today April 1st

new promoPicture0044.png

April 1, 2021
12:22 pm
julio
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November 21, 2015
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The rep said today, old money = 0.1%, new money only = 1.25% = and only for those "invited".

April 1, 2021
12:23 pm
KamWest
Toronto
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December 20, 2019
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Here is the legalPicture0045.png

April 1, 2021
12:24 pm
KamWest
Toronto
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right click the images above and say open in new tab to read them

April 1, 2021
12:26 pm
KamWest
Toronto
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No big deal with this promo, the 1.8% at Canadian Tire blows it away.

I moved a chunk there a few weeks back now.

April 1, 2021
2:27 pm
hwyc
GTA
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julio said
The rep said today, old money = 0.1%, new money only = 1.25% = and only for those "invited".  

... new money to March 31st closing balance

April 1, 2021
2:33 pm
topgun
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September 6, 2020
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hwyc said

... new money to March 31st closing balance  

Many of us removed our funds before promo expired March 31st. Only a little bit of interest in account now. @.1% it is definitely a little bit of interest. Bonus interest later this month. Happy Easter All.

Have a Great Day

April 3, 2021
8:55 am
Johnny CASH
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July 12, 2018
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Moved everything to Canadian Tire Bank. 1.8% currently.

April 3, 2021
9:10 am
Dean
Valhalla Mountains, British Columbia
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Johnny CASH

I like your handle , Johnny ... it's very fitting for this place ❗

Good One sf-laugh
.

      Dean

sf-cool " Live Long And Prosper " sf-cool

April 3, 2021
11:09 am
topgun
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Back in 1985 Canada Trust called ATM Johnny Cash Machines.

Have a Great Day

April 3, 2021
7:03 pm
COIN
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March 15, 2019
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Johnny CASH said
Moved everything to Canadian Tire Bank. 1.8% currently.  

I heard that CT use this money to fund their credit card portfolio. Don't know if this is true. Just what heard.

April 14, 2021
1:35 pm
fionag11
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April 4, 2018
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I still haven't got the promotional interest from their last promo that ended March 31.

April 14, 2021
4:20 pm
rhvic
Victoria, BC
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Got my promo interest on April 12.

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