Simplii Financial complaint: Interest rate

Complaint from Modbrother reported on 14 September 2023 about Simplii Financial

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My complaint:

I did sign up a 5% interest rate from May 1st till August 31 on the phone. But I only got back $2.12 (But I have $9069.56 on the high interest saving account.

I called Simpli. The customer service told me the promo interest is for new deposit only. But the time I signed up on the phone on May 1 the customer service didn’t mention anything about new deposit.

Suggested solution:

It’s a very sneaky bank. It always send promo rate on Facebook or my email but never mentioned about new deposit only.

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