Regular and Promotional Interest rates may change at any time without prior notice. Regular Interest rates and Promotional Interest rates quoted are annual. Promotional Interest will be paid in May 2023 into a single Eligible HISA held by the primary accountholder, which account must be active and in good standing at the time of payment. Promotional Interest will only apply on up to an aggregate maximum balance of $500,000. Promotional Interest is calculated at the Promotional Interest rate on the average daily closing balance of each of the New Simplii Client’s Eligible HISAs, and aggregated across all such Eligible HISAs, from the date the HISA is opened to the end of the Offer Period (the “New Balance”). Regular Interest is calculated daily at the current rate on each day’s full closing balance and paid monthly. The special annual interest rate of 5.25% is a combination of the regular annual interest rate set by Simplii Financial payable on a HISA balance (“Regular Interest”), plus the promotional annual interest rate (“Promotional Interest”) that is calculated at the end of the Offer Period on the New Balance (as defined below). New Simplii Clients may open more than one Eligible HISA during the Offer Period. Eligible HISAs are automatically enrolled in the HISA Offer. If you are a New Simplii Client and you open a HISA during the Offer Period as the primary accountholder, you may be eligible to earn promotional interest from the date your HISA is opened until Ap(subject to certain restrictions as outlined in Section 4 below) (“Eligible HISA”). For joint HISAs, the HISA may be eligible to earn promotional interest if the primary accountholder is a New Simplii Client.
To be eligible for this HISA Offer, you must have no prior relationship with Simplii Financial before the beginning of the Offer Period (a “New Simplii Client”). This HISA Offer begins on Februand ends on Ap(the “Offer Period”). The following terms and conditions explain in detail how you can earn a special annual interest rate on a new Simplii Financial™ High Interest Savings Account (“HISA”) if you are a New Simplii Client (the “HISA Offer”).
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