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

New client offer

Earn 6.25% interestⓘ on your savings 

Open an account and get a special interest rate on eligible deposits for 5 months.

Limits apply. Offer ends October 31, 2024.

Join in 3 easy steps:

  1. Apply online to become a Simplii client.
  2. Open and activate your High Interest Savings Account within 60 days.
  3. Fund and earn 6.25% on eligible deposits for 5 months.
Open an account   for high interest savings. Opens a new window.

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.ⓘ 

Tell me more   about the Simplii Refer-a-Friend offer.
Earn cash back when you cash out

Apply for a Cash Back Visa* and start earning from spending! No annual fee and unlimited cash backⓘ on all eligible purchases. 

Apply now
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