Simplii Financial High Interest Savings Account
Simplii FinancialThe strongest promotional rate on the market right now, with no minimum balance and no monthly fee.
Regular rate ranges from 0.30% to 1.00% once the 5-month promotional period ends.
Rate verified August 3, 2026 · confirm with Simplii Financial before applying.
What this account could grow to
Pre-filled with the ongoing rate of 1%. Promotional rates don't last, so the ongoing figure is the honest basis for a long-term projection.
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Frequently asked questions
What interest rate does the Simplii Financial High Interest Savings Account pay?
It pays a promotional 4.6% for the first 5 months, then reverts to 1%. Promotional rates are the headline, but the ongoing rate is what matters if you're leaving money there long term.
Are there fees or minimums on the Simplii Financial High Interest Savings Account?
There's no monthly fee, and no minimum balance is required. Deposits are CDIC insured up to the applicable limits.
How current is this rate?
We last verified it on August 3, 2026. Rates on deposit accounts move frequently, so confirm the current figure with Simplii Financial before you apply.
Other savings accounts
Researching and writing about Canadian personal finance since 2026.
Last reviewed August 2026 · How we research
“Simplii Financial High Interest Savings Account.” VaultNerd, https://www.vaultnerd.com/ca/savings-accounts/simplii-high-interest-savings, updated August 2026.
- Simplii Financial published product and rate pages
- VaultNerd products database