The Simplii High Interest Savings account earns interest based on the total amount in the account:
- $0 to $500,000: 0.40% interest
- $500,000.01 to $1,000,000: 1.0% interest
- $1,000,000.01+: 2.0% interest
Interest is calculated daily and paid monthly, directly to the High Interest savings account.
The Simplii High Interest Savings account has no monthly fees.