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Simplii USD 2.5%
December 14, 2022
10:05 am
maGIC
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October 7, 2018
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Received email today
Just an FYI, I do not plan on opening a USD account at Simplii.
“ A base 2‍.5‍% interest rate* on your savings isn’t the only benefit you’ll enjoy when you open a Simplii Financial™ USD Savings Account. You’ll also get access to great exchange rates and the ability to send U.S. doll‍ars to the U.S. for free2 using Simplii’s Global Money Transfer service.

Plus, you’ll get a $‍7‍5 rebate† when you send your first wire transfer to fund your account.”

Does anyone know if you can do eft from other usd accounts from other banks to and from Simplii. Wire transfers are a ripoff.

I suspect this rate won’t last long before it drops to .nothing

MAgic

December 14, 2022
10:39 am
mustang
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I'm pretty sure one could link USD account at Tangerine, to transfer funds

December 14, 2022
11:08 am
Bruford
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mustang said
I'm pretty sure one could link USD account at Tangerine, to transfer funds  

No u cant.

December 14, 2022
11:10 am
Bruford
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Simplii's game plan is to ding on the exchange fees

December 14, 2022
12:09 pm
savemoresaveoften
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Bruford said
Simplii's game plan is to ding on the exchange fees  

big time, pretty useless account if u ask me. U lose 2.5% on FX conversion going in or round trip (not sure their bid/offer but pretty sure min 1%), thats a year's worth of interest....

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