Special offer from National Bank Financial Group: 5.5% cashback on some 5-year fixed-rate mortgages

Montreal, 16 March 2010 - 

National Bank Financial Group is currently offering 5.5% cashback on some fixed-rate mortgage loans taken out or renewed for a five-year term. For example, a client who takes out a $200,000 loan would receive a cash rebate of $11,000.

Clients can take advantage of this special offer simply by choosing one of the following solutions from National Bank Financial Group:

  • a five-year fixed-rate mortgage;
  • an All-In-One line of credit with integrated 5-year fixed-rate mortgage loan;
  • a Multi-Choice mortgage with a 5-year fixed-rate portion.

“This cashback offer comes at the right time for homeowners who would opt to use the money to cover their expenses when buying a home, for renovations, decorating or moving costs. And because it is paid upon disbursement, it also can be used to help clients make the switch by helping to offset, partially or entirely, mortgage penalties they may encounter for switching before their mortgage is up for renewal,” indicated Senior Vice-President, Sales and Service, Personal Banking Kathleen Zicat.

By signing up for this special offer, anyone who does not have a banking package at National Bank (for a new or existing account) can enjoy free unlimited use of electronic banking solutions with the AccessPlus banking package linked to a chequing account for 6 months.

For more details on the cashback offer, please contact a National Bank Financial Group mortgage advisor who will help you find the mortgage solution best suited to your needs.

Interested clients may initiate their mortgage application online or request a house call from a Mortgage Development Manager at www.nbc.ca/cashback or by phone at 1 877-717-7977.

About National Bank of Canada
National Bank of Canada is an integrated group which provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has over $134 billion in assets and, together with its subsidiaries, employs 17,946 people. The Bank’s securities are listed on the Toronto Stock Exchange (NA:TSX). For more information, visit the Bank’s website at
www.nbc.ca.

Information:(The telephone number provided below is for the exclusive use of journalists and other media representatives.)

Denis Dubé
Senior Director, Public Relations
National Bank Financial Group
Tel.: 514-394-8644