Targeted Simplii HISA offer of 5% Dec 1, 2022 to Apr 30, 2023 | Page 4 | Simplii Financial | Discussion forum

KamWest said
They ripped me of once too, left 300k in an account for the full term, instead got 0.10%

This is why I made certain to close the account after my promo period ended. I thought it was just too great a risk. A CSR insisted that I was eligible for another promo and I almost re-opened a new account. Only the good folks on this forum saved me from a similar loss by showing me how I would have been ineligible, according to the written Terms and Conditions; regardless of what some CSR said.

I was surprised to get not 1, but 2 recent "Notice of Offer Expiry" emails from Simplii warning me that my special promo rate will end April 30th. Included in the emails was the new rate: 0.40%. Wowzer !

Anyone else get this? I don't recall seeing such a notice during prior Simplii short term promos that I've participated in.

So 2 weeks to figure out where to move the funds? Any suggestions ?
Was thinking about setting up non-registered TD Waterhouse accounts for my wife and I [only have TFSA, RSP/RIF presently], then maybe park it in an ISA account for now? 4% approx. last time I looked. Thoughts ?

No, haven't recieved that "Notice of Offer Expiry" from Siimplii. Although have been receiving them lately from other fi's-- I thought maybe this was co-incident with the "Low Account Balance" notices that I get all the time now
We are actually on the Tangerine offer until May 31, so don't have to make a move until then.
At that point, it looks like the TD150 is the best option-- unless Simplii invites for a new offer. Which seems unikely

I applied for the 5.25% promo savings rate way back in mid-Feb, and after following up by phone a few wks later when I'd not heard boo back from them, and then basically jumping thru hoops answering questions about my employment history and credit cards (really...? to get a savings account?), I've still not gotten any client card they said would be sent out shortly.

After reading some of the other posts here, all I can say is that they certainly know how to jerk people around, just like their parent company.

1. What is a TD 150 getting 4.05%
2. I haven't had much at Simplii in years--they woudn't give me a targetted rate. I've found Tangerine better, but I'm not getting as much as others are.

If you're already with TD and you need more for CDIC coverage TDB8155 & 8159 pay the same. I've had no success buying TDB8157 via TD Dir Inv account, it also pays the same.

Another offer from Simplii. Identical terms. New money. 5%. Till Aug 31st.

COIN said

What about the "old" money already in the account?  

Anything in the account on April 30th gets the grand rate of 0.4%.

Did you transfer after 2400h Eastern Time Zone?

I got caught by CIBC, once. I made a deposit at 2300h local time, but it was already 0100h ET. So, my deposit was listed as next day and I was thus overdrawn.