Simplii USD account overview

Enjoy great interest rates with no minimum balance required. Keep reading to find out more!

Trademark Disclaimer:Simplii* is a trademark of Simplii Financial with whom Remitbee Incorporated (“We,” “Us,” “Our”) has no direct or indirect association in marketing, sales or customer service. Indeed, the enclosed contents are provided only for information and comparison purposes. We further state that all third-party products, services, company names and logos remain the property of their respective holders. Use of them here in this article does not imply any affiliation with or endorsement by them.

How to create a USD account with simplii USD

To open a Simplii account, you must be an existing Simplii client with a No fee chequing account or a high-interest savings account. If you are an existing client, simply log in to online banking.

To open another Simplii account, go to simplii.com.

Step 1: Click on join Simplii and choose the account you want to open.
Step 2: If you are a Canadian resident, confirm that you are opening the account for personal use and not for a third party.
Step 3: Select your intended use, then fill in your name, date of birth, and Social Insurance number. If you don’t want to provide your SIN number, you must call 1-888-723-8881 and submit your request.

Key features

The Simplii USD account allows you to save, send, and make payments.

Earns interest on any amount in your account.

Easily order a bank draft or money order with online banking.

Send a wire transfer to another financial institution.

Simplii account fees

Simplii Bank offers many different accounts, so fees may range from 0 to 100+ monthly. Here is a summary of how much you may incur when you use Simplii Bank for your business transactions:

Monthly Fees

Simplii USD does not charge monthly fees

Interest rate:

Simplii USD account holders enjoy an interest rate of 0.10%

Community

No minimum balance is required.