Simplii High Interest Savings Account
CDIC Insured
The direct banking division of CIBC, offering high promotional rates and no-fee banking.
Current Interest Rate
4.5%
Promo Rate
Calculate Your Returns with Simplii Financial
$
Total Interest Earned
$459.40
Based on 4.5% interest rate over 12 months
Key Account Facts
Monthly Fees
$0
Min Deposit
$0
Transactions
Unlimited
Transfer Time
Instant (internal)
The Good
- Backed by CIBC
- Free access to 3,400+ CIBC ATMs
- High promo rates for new clients
- Seamless transfers
The Bad
- Base rate drops after promo
- Québec residents excluded
- No in-person service
Frequently Asked Questions
Is Simplii available in Quebec?
No, Simplii Financial is not currently available to Quebec residents.
Can I use CIBC ATMs?
Yes, you can use CIBC ATMs for free to withdraw and deposit.