Evoluterm GIC
Non-redeemable Escalarater GIC
Redeemable Escalarater GIC
Non-redeemable irregular term GIC (New term!)
GIC redeemable without penalty
Monthly cash management GIC
Flexiterm GIC

Evoluterm GIC

With this investment solution, the principal is divided into three or five equal portions, each with a different maturity date (either one, two and three-year terms or one, two, three, four and five-year terms), which can be automatically re-invested for a three or five-year term.

This type of GIC offers a great deal of flexibility by providing access to part of your capital each year.

This GIC is also ideal if you’re looking for a simple, hassle-free way to stagger your investment maturities. Because different parts are renewed at different times, you can take advantage of potential interest rate increases when market rates fluctuate.

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%.

• Authorization to renew at maturity: At maturity, unless otherwise notified by the depositor, the GICs and any renewals thereof will be renewed for the same amount (including accrued and unpaid interest) and for a term of 3 or 5 years, depending on the original term selected, 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.
• National Bank is a member of the Canada Deposit Insurance Corporation (CDIC).
• To be able to contribute, you need a National Bank account. To open an account, please visit one of our branches.

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Non-Redeemable Escalarater GIC

The Escalarater GIC is an excellent investment solution if you want a competitive rate with a guaranteed annual increase. Your interest rate increases every year on the anniversary of the issue date of your GIC.

N.B. The interest rates posted are paid at maturity.

• The interest rate increases each year.
• Stable, predictable income.
• Authorization to renew at maturity: At maturity, unless otherwise notified by the depositor, the GIC will be invested for a term of one year, not redeemable before maturity, 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.
• National Bank is a member of the Canada Deposit Insurance Corporation (CDIC).
• To be able to contribute, you need a National Bank account. To open an account, please visit one of our branches.

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Redeemable Escalarater GIC

Enjoy an annual interest rate that increases each anniversary of the issue date of your GIC. Furthermore, on each anniversary date before the maturity date, you can redeem your investment in totality if you need cash or if interest rates climb higher than the rates in effect.

N.B. The interest rates posted are paid at maturity.

• The interest rate increases each year.
• Stable, predictable income.
• Authorization to renew at maturity: At maturity, unless otherwise notified by the depositor, the GIC will be invested for a term of one year, not redeemable before maturity, 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.
• National Bank is a member of the Canada Deposit Insurance Corporation (CDIC).
• To be able to contribute, you need a National Bank account. To open an account, please visit one of our branches.

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Non-redeemable irregular term GIC

These GICs have some of the most attractive promotional rates. Choose from a selection of set investment terms.

Type	Guaranteed-capital
Investment horizon	14 months to 51 months
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
Registered plan eligibility	RRSP, RRIF, TFSA
Acces to funds	Not redeemable before maturity
Return (%)	Term	Rate	Interest
	14 months % Simple Compounded 19 months % Simple Compounded 34 months % Simple Compounded 51 months % Simple Compounded 58 months (News!) 2.550 % Simple Compounded

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 be able to contribute, you need a National Bank account. To open an account, please visit one of our branches.

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GIC redeemable without penalty

With this GIC, you know that your rate is guaranteed for the entire term, but if you need cash during this period, you can redeem your GIC after 30 days (after six months for the two-year term), in whole or in part, without penalty. This is the ideal product if you expect to need cash but don’t know exactly when.

Type	Guaranteed-capital
Investment horizon	12, 14 or 24 months
Risk level
Minimum investment	$500
Interest payment options	Annually, calculated and payable on the anniversary date, or compounded annually on the anniversary date and payable at maturity
Transferability	Cannot be transferred
Registered plan eligibility	Not eligible for registred plans
Acces to funds	12 and 14-month terms: Redeemable without penalty after 30 days 24-month term: Redeemable without penalty after 6 months Interest payable will be calculated according to the number of days elapsed between the date of issue and the redemption date of this GIC. Maximum of three redemptions permitted during the term. Minimum partial redemption of $5,000 permitted provided that the remaining principal is equal to or greater than the initial $500 investment.
Return (%)	Term	Rate
	12 months	%
	14 months	%
	24 months	%	Simple Compounded

• 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 offered for the product originally selected 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.
• National Bank is a member of the Canada Deposit Insurance Corporation (CDIC).
• To be able to contribute, you need a National Bank account. To open an account, please visit one of our branches.

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Monthly cash management GIC

This GIC allows you to redeem your investment in full at the end of each 30-day period. If you do not redeem it after 30 days, the GIC will automatically be renewed at the new rate in effect, allowing you to take advantage of rate increases that may arise during the investment term. This product is perfect for companies or investors that want to earn interest on a temporary cash surplus.

Type	Guaranteed-capital
Investment horizon	30 days (automatically renewed)
Risk level
Minimum investment	$5,000
Interest payment options	Interest paid at maturity
Transferability	Cannot be transferred to a RRIF
Registered plan eligibility	RRSP
Acces to funds	Not redeemable before maturity of the 30 days term
Return (%)	Amount invested	Rate
	$5,000 to $99,999	%
	$100,000 to $499,999	%
	$500,000 to $999,999	%
	999,999$ and more	Please contact us

N.B. The interest rates posted are paid at maturity.

• 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 an equivalent term (30 days), 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.
• National Bank is a member of the Canada Deposit Insurance Corporation (CDIC).
• To be able to contribute, you need a National Bank account. To open an account, please visit one of our branches.

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Flexiterm GIC

This GIC allows you to transfer your invested capital in full to another National Bank investment vehicle with no penalty within 90 days of purchase. After 90 days, if the initial capital remains invested, the GIC will collect interest for 18 months, providing you with a three-month window to continue seeking attractive investment opportunities while enjoying a much better interest rate than the one offered by short-term investments.

Type	Guaranteed-capital
Investment horizon	18 months
Risk level
Minimum investment	$500
Interest payment options	Annually, calculated and payable on the anniversary date, or compounded annually on the anniversary date and payable at maturity
Transferability	Cannot be transferred to a RRIF
Registered plan eligibility	RRSP
Acces to funds	Non-redeemable. Transferable before 90 days to a product from National Bank and its subsidiaries with a term equal to or longer than the term remaining.
Return (%)	Rate		Interest
	% Simple Compounded

• Authorization to renew at maturity: At maturity, unless otherwise notified by the depositor, the GIC will be renewed for the same amount (including accrued and unpaid interest) and for an equivalent 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.
• National Bank is a member of the Canada Deposit Insurance Corporation (CDIC).
• To be able to contribute, you need a National Bank account. To open an account, please visit one of our branches.

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