† The Simplii Financial™ High Interest Sings Account Promotional Interest Rate Offer for New Simplii Clients (the “HISA Offer”) is ailable between August 1, 2023 and October 31, 2023 (the “Offer Period”). The following terms and conditions (“Terms”) explain in detail how you can earn a special annual interest rate of 6.00% for 5 months on your first Simplii Financial High Interest Sings Account (“HISA”). To accept this offer, you must open an Eligible HISA during the Offer Period and make a deposit to your Eligible HISA during the Promotional Rate Period (as such capitalized terms are defined in these Terms).
1. Promotional Rate Period
If you meet the eligibility criteria and other conditions described in these Terms, the balance of your Eligible HISA (up to $1,000,000) will earn Promotional Interest for 153 days (which is about 5 months) from the date the HISA was opened (the "Promotional Rate Period").
2. Eligibility
To be eligible for this HISA Offer, you must:
be a new client with no prior relationship with Simplii Financial (a “New Simplii Client”). To become a Simplii Financial client, you must apply and be approved for a Simplii Financial product. When you apply for your first Simplii Financial product, we will create a unique client identification number for you (your “Client Number”); and open a HISA for the first time as the primary accountholder during the Offer Period and within 30 days after your Client Number was created (“Eligible HISA”).If you qualify, your Eligible HISA will earn promotional interest during the Promotional Rate Period (subject to certain restrictions as outlined in Section 4). Only your first Eligible HISA will qualify for promotional interest under this HISA Offer (no matter how many HISAs you open). For joint HISAs, the HISA may be eligible to earn promotional interest if the primary accountholder is a New Simplii Client and meets all of the terms and conditions set out in these Terms.
3. How Interest is Calculated and Paid …