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Where can I earn5% interest on my savings and get paid monthly? - Simplii Bank

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Where can I earn 5% interest on my savings and get paid monthly? The answer is Simplii Bank-  High-Interest Savings Account. What is Simplii Financial?  Who owns Simplii Financial? Simplii Financial is an online bank owned by the Canadian Imperial Bank of Commerce (CIBC) It means CIBC is a physical bank. Simplii is an online bank. Simplii Financial used to be PC Financial. Most Canadians shop with a  PC Financial Mastercard to earn points.   Is Simplii Financial and CIBC the same bank? Simplii is a division of CIBC Bank. CIBC is a physical bank. Simplii is an online bank Is Simplii Financial safe? Yes. Simplii IS SAFE. Simplii is as safe as the top 5 Canadian banks. The owner of Simplii Financial is CIBC Bank. It holds your deposits and is insured by the CDIC . Eligible accounts are covered up to $100,000. Why do you need an online bank account? The simple answer is:  Allow your money to make more money for you. We all want our money to produce some extra cash ...