FAQ

Questions founders ask.

Short answers, with dates on the numbers.

The product

What is Simple Treasury?: A high-yield home for your company's idle cash. We separate the operating buffer you need from the cash doing nothing, then guide the idle portion into deposits at a CDIC member institution, opened in your company's own name.
Are you a bank?: No. We recommend and we guide. The deposit sits at the institution, in your company's name, and only you can move it.
What does the Idle Cash Report tell me?: You enter balances and rough monthly burn, in CAD and USD. The report separates your operating buffer from your idle cash, prices what the idle portion earns today against what it could earn, and sizes a term ladder to your burn. It takes about a minute. Get yours →
What does the report cost?: Nothing. Even if you place nothing, you leave with a clear number for what your idle cash costs you.

Your money

Where does the money sit?: At a CDIC member institution, in an account your company opens in its own name. We never hold, pool, or move your funds. That construction is deliberate: it keeps your CDIC coverage direct.
What does CDIC cover?: Eligible deposits up to $100,000 CAD per depositor, per insured category, per member institution, including principal and interest. That's CDIC's own wording. For plain corporate cash, one category realistically applies. Some brands span two member institutions: Oaken is Home Trust Company and Home Bank, so coverage there can reach $200,000 CAD.
Is USD cash covered?: USD deposits held at CDIC member institutions are eligible, up to the Canadian-dollar equivalent of the $100,000 CAD limit: roughly $71,000 USD at 1.40, floating with the exchange rate. That's been in effect since April 30, 2020. US-side instruments, like T-bills or US accounts, sit under a different regime and carry no CDIC coverage.
Can Simple Treasury move my money?: No. Only you can. That's the whole design.

Rates

Where do your rate numbers come from?: Each institution’s published disclosures: CAD rates last verified July 28, 2026, USD rates August 13, 2026. Where an institution publishes no business rate, we say so. Interpolated numbers are labelled estimates wherever they appear. See every institution we track →
What rate will my company get?: The institution sets the final rate at placement. Our planning anchors are published business rates, CAD and USD both; only the CAD mid-terms are interpolated between them, and those are labelled estimates.
My bank pays almost nothing. Is that normal?: Standard business chequing pays 0%. RBC, Scotiabank, and CIBC publish no business savings rate at all; CIBC negotiates privately. For reference, the Bank of Canada overnight rate is 2.25%.
What can my USD actually earn?: Insured liquid USD tops out at 0.90% published. Insured USD terms pay 3.45% to 4.00%. A big bank’s USD business chequing pays 0.000% on every tier. The strong liquid USD rates you see advertised carry no deposit insurance, and we track them only as benchmarks. That spread is why a USD plan leans on terms. See the USD table →

Working with us

What happens after I join the design partner list?: One email when we open a spot. No sequence, no newsletter. We onboard design partners personally, so expect a note from a founder. Join the list →
What paperwork does opening an account involve?: A set of questions about your company and the people behind it. Most of the answers are public. We pull what can be pulled ahead of your session, and you confirm.
Is any of this investment advice?: No. We publish verified rates, labelled estimates, and the math on your own numbers. Nothing on this site is investment, legal, or tax advice.