Non-Redeemable GIC
Redeemable GIC
TermNote Plus GIC
Redeemable $US GIC
Non-Redeemable $US GIC

Providing the security of a fixed interest rate for the entire term, as well as predictable returns, non-redeemable GICs are an excellent choice for investors who want to deposit their money for a set period.

Type	Guaranteed-capital
Investment horizon	1 month to 5 years
Risk level
Minimum investment	$1000 (1 year or more) or $5000 (less than 1 year)
Interest payment options	Monthly, calculated and payable on the deposit date ($5,000 minimum investment) Semi-annually, calculated and payable on the deposit date ($5,000 minimum investment) Annually, calculated and payable on the anniversary date, or compounded annually on the anniversary date and payable at maturity( Interest paid at maturity (for terms under 1 year)
Transferability	Can be transferred from an RRSP to a RRIF
Registered plan eligibility	RRSP, RRIF, TFSA
Access to funds	Not redeemable before maturity
Return (%)	Term	Rate	Simple	Compounded
	1 month % 3 months % 6 months % 1 year % 18 months % 2 years % 3 years % 4 years % 5 years %

N.B: The interest rates posted are the interest calculated annually. For monthly interest, the rate is reduced by 0.125%. For semi-annual interest, the rate is reduced by 0.05%.

• The interest rate is fixed for the entire term.
• Authorization to renew at maturity: At maturity, unless otherwise notified by the depositor, the GIC and any renewal thereof will be renewed for the same amount (including accrued and unpaid interest) and for the desired term* at the interest rate in effect at that time. The depositor has 10 business days following the date of issuance of the renewed deposit type instrument to cancel it.
  *Equivalent to the initial to the initial term or any other term available within the product chosen and specified by the depositor.
• National Bank is a member of the Canada Deposit Insurance Corporation (CDIC).
• To contribute, you need a National Bank account. To open an account, please visit one of our branches.

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This GIC is redeemable at any time with an interest rate payable based on the length of the investment. This product is perfect for investors who know they will need cash but not exactly when.

Type	Guaranteed-capital
Investment horizon	1 month to 5 years
Risk level
Minimum investment	$1000 (1 year or more) or $5000 (less than 1 year)
Interest payment options	Monthly, calculated and payable on the deposit date ($5,000 minimum investment) Semi-annually, calculated and payable on the deposit date ($5,000 minimum investment) Annually, calculated and payable on the anniversary date Interest paid at maturity (for terms under 1 year)
Transferability	Can be transferred from an RRSP to a RRIF
Registered plan eligibility	RRSP, RRIF, TFSA
Access to funds	Redeemable before maturity. Reduced interest rate applied to the portion of the principal redeemed. This rate will be based on the term elapsed as posted at the branch. No interest is paid if the GIC is redeemed during the first 30 days after the issue date. Partial redemption allowed before maturity (except for GICs in registred plans): In $1,000 portions as long as a minimum balance is maintained: $1,000 minimum balance for GIC with a term of 1 year or more or $5,000 minimum balance for GIC with a term of less than 1 year
Return (%)	Term	Rate
	1 month % 3 months % 6 months % 1 year % 2 years % 3 years % 4 years % 5 years %

(1)N.B: The interest rates posted are the interest calculated annually. For monthly interest, the rate is reduced by 0,125%. For semi-annual interest, the rate is reduced by 0,05%.

• The interest rate is fixed for the entire term.
• Authorization to renew at maturity: At maturity, unless otherwise notified by the depositor, the GIC and any renewal thereof will be renewed for the same amount (including accrued and unpaid interest) and for the desired term* at the interest rate in effect at that time. The depositor has 10 business days following the date of issuance of the renewed deposit type instrument to cancel it.
  *Equivalent to the initial to the initial term or any other term available within the product chosen and specified by the depositor.
• National Bank is a member of the Canada Deposit Insurance Corporation (CDIC).
• To contribute, you need a National Bank account. To open an account, please visit one of our branches.

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Fixed-term GIC with a superior interest rate. This non-redeemable GIC is an excellent choice for investors who want to benefit from a higher interest rate by depositing their money for a longer term. Enjoy the security of a fixed interest rate for the entire term of the investment as well as a guaranteed return.

Type	Guaranteed-capital
Investment horizon	61 months to 10 years
Risk level
Minimum investment	$1,000
Interest payment options	Monthly, calculated and payable on the deposit date ($5,000 minimum investment) Semi-annually, calculated and payable on the deposit date ($5,000 minimum investment) Annually, calculated and payable on the anniversary date, or compounded annually on the anniversary date and payable at maturity
Transferability	Can be transferred from an RRSP to a RRIF (61 months excluded)
Registered plan eligibility	RRSP and RRIF (61 months excluded)
Access to funds	Not redeemable before maturity
Return (%)	Term	Rate	Simple	Compounded
	61 months % 6 years % 7 years % 8 years % 9 years % 10 years %

N.B: The interest rates posted are the interest calculated annually. For monthly interest, the rate is reduced by 0,125%. For semi-annual interest, the rate is reduced by 0,05%.

• Fixed-term GIC offering a higher return than conventional GICs because the term is longer.
• The interest rate is fixed for the entire term.
• Authorization to renew at maturity: At maturity, unless otherwise notified by the depositor, the GIC and any renewal thereof will be renewed for the same amount (including accrued and unpaid interest) and for the desired term* at the interest rate in effect at that time. The depositor has 10 business days following the date of issuance of the renewed deposit type instrument to cancel it.
  *Equivalent to the initial to the initial term or any other term available within the product chosen and specified by the depositor.
• Does not constitute a deposit that is insured under the Canada Deposit Insurance Corporation Act. Fully guaranteed by National Bank.
• To contribute, you need a National Bank account. To open an account, please visit one of our branches.

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This type of GIC is issued in US$ and offers a guaranteed fixed rate for terms of 30 days to 5 years. Redeemable at any time, this GIC gives you access to your funds in case of an unforeseen expense. However, early redemptions are subject to an interest rate adjustment based on the elapsed term.

Type	Guaranteed-capital
Investment horizon	30 days to 5 years
Risk level
Minimum investment	$5,000
Interest payment options	Simple interest, paid in US$ only. Terms of less than 1 year: Interest paid at maturity Terms of 1 year or more: Interest paid semi-annually (April 30 and October 31)
Transferability	Cannot be transferred
Registered plan eligibility	Not eligible for registred plans
Access to funds	Redeemable before maturity at reduced interest rate applied to the portion of the principal redeemed. This rate will be based on the portion of the term elapsed and the redemption rates in effect at the time of redemption as posted at the branch. No interest is paid if the GIC is redeemed during the first 30 days after the issue date. Maximum three redemptions during the term $500 minimum redemption
Return (%)	Term	Rate
	1 month % 3 months % 6 months % 1 year % 2 years % 3 years % 4 years % 5 years %

• Authorization to renew at maturity: At maturity, unless otherwise notified by the depositor, the GIC and any renewal thereof will be renewed for the same amount (including accrued and unpaid interest) and for the desired term* at the interest rate in effect at that time. The depositor has 10 business days following the date of issuance of the renewed deposit type instrument to cancel it.
  *Equivalent to the initial to the initial term or any other term available within the product chosen and specified by the depositor.
• Does not constitute a deposit that is insured under the Canada Deposit Insurance Corporation Act. Fully guaranteed by National Bank.

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This type of GIC is issued in US$ and offers investors guaranteed fixed rates for terms of 30 days to five years that are higher than rates on redeemable investments. However, early redemption is not permitted.

Type	Guaranteed-capital
Investment horizon	30 days to 5 years
Risk level
Minimum investment	$5,000
Interest payment options	Simple interest, paid in US$ only. Terms of less than 1 year: Interest paid at maturity Terms of 1 year or more: Interest paid semi-annually (April 30 and October 31)
Transferability	Cannot be transferred
Registered plan eligibility	Not eligible for registred plans
Access to funds	Not redeemable before maturity
Return (%)	Term	Rate
	1 month % 3 months % 6 months % 1 year % 2 years % 3 years % 4 years % 5 years %

• Authorization to renew at maturity: At maturity, unless otherwise notified by the depositor, the GIC and any renewal thereof will be renewed for the same amount (including accrued and unpaid interest) and for the desired term* at the interest rate in effect at that time. The depositor has 10 business days following the date of issuance of the renewed deposit type instrument to cancel it.
  *Equivalent to the initial to the initial term or any other term available within the product chosen and specified by the depositor.
• Does not constitute a deposit that is insured under the Canada Deposit Insurance Corporation Act. Fully guaranteed by National Bank.

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