SiimplySave

Name it, then save for it

Savings goals with a recurring amount on the day you choose. No minimum balance, no monthly fee and no lock-in.

$50
School feesSiimplySave · $50 a monthTarget$600

Each block is a month

You reach it in

1 year

Your contributions only. Any interest earned comes on top and is not guaranteed.

Minimum balance
$0
Monthly fee
$0
Take it out, with no penalty
Any day

Where the money sits

SiimplySave deposits are held in money market funds: funds of short-dated, high-quality debt with very little credit risk. The yield comes through Siimply’s partner BMO America and follows the US Federal Funds Rate, so it moves when rates move.

  • Short-dated debt
  • Linked to the Fed rate
  • Cash-like
  • Low risk, not no risk

Lay your first stone

Download Siimply Trade for iPhone or Android and open your account in a few minutes.