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We make saving your money simple
Easily save your money without having it locked away for an extended period of time.
No monthly fees
Set up automatic deposits
If you need to access your money more often, try our No Fee Chequing Account for day-to-day banking, like ATM withdrawals and shopping transactions.
What comes with this account
- No minimum balance required
- Earn great interest rates on every dollar
- Skip the transaction fees
- Access your savings if you need them
Welcome offer
Earn 4.25% interestⓘ on eligible deposits up to $100,000
New to Simplii? Just open a savings account and get this special interest rate for 4 months. Already a client? You can still get this offer if you’re in your first 60 days with us.
Terms apply. Offer ends September 30, 2025.
Interest rates
| $0.00 to $50,000.00 | RDS%rate[4].Savings.Published(undefined,0.00-50000.00,annual_rate,false-undefined-true-false-undefined)(#O2#)% |
| $50,000.01 to $100,000.00 | RDS%rate[4].Savings.Published(undefined,50000.01-100000.00,annual_rate,false-undefined-true-false-undefined)(#O2#)% |
| $100,000.01 to $500,000.00 | RDS%rate[4].Savings.Published(undefined,100000.01-500000.00,annual_rate,false-undefined-true-false-undefined)(#O2#)% |
| $500,000.01 to $1,000,000.00 | RDS%rate[4].Savings.Published(undefined,500000.01-1000000.00,annual_rate,false-undefined-true-false-undefined)(#O2#)% |
| $1,000,000.01 and up | RDS%rate[4].Savings.Published(undefined,1000000.01-undefined,annual_rate,false-undefined-true-false-undefined)(#O2#)% |
Interest is calculated by multiplying the daily interest rate (based on the applicable annual rate) by the daily closing balance of your account and is paid into your account monthly.
Rates are subject to change without notice.
New Verify your identity with ease
Digital banking has never been so simple. With Interac® document verification service, you can verify your identity safely from the comfort of your own home.
Bring a friend. Earn $125. Repeat.
Earn $125 each time a friend opens a High Interest Savings Account or another eligible account using your unique referral link. Share your link and spread the word — your friends will get $50 too.ⓘ
