Where can I earn 4.25% interest on my savings and get paid monthly? - Simplii Bank
Where can I earn 4.25% 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 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 flow ev...