Promotional GICs

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.

 

Investment horizon 3 years 5 years
Type Guaranteed-capital Guaranteed-capital
Risk level
Minimum investment $1,500 ($500 per portion) $2,500 ($500 per portion)
Interest payment Compounded annually on the anniversary date and payable at maturity.
Transferability Cannot be transferred to a RRIF
Access to funds
  • Not redeemable during the period of the term for each respective portion.
  • Each certificate matures on a different date and that portion of your capital can be used as you wish at that time.
  • If you don't need to access your funds, that portion of your capital is automatically reinvested for a three or five-year term.
Return (%) Term Rate Term Rate
1 year 1.150 % 1 year 1.000 %
2 years 1.500 % 2 years 1.200 %
3 years 1.650 % 3 years 1.600 %
    4 years 1.900 %
    5 years 2.150 %

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

  • 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 know the charges related to a RRSP, please consult our brochure to this purpose, being: Fees - Your Guide to Personal Banking Solutions, section "Registered Plans".
  • To know our process of notification of charge increases or the introduction of new fees, please consult our brochure to this purpose, being: General Information and Agreement, section "Notice of Changes to Fees Listed in Your Guide to Personal Banking Solutions".
  • To know our process in dealing with complaints relating to the processing of charges for a RRSP product, click here.
  • 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.

Investment horizon 3 years 5 years
Type Guaranteed-capital Guaranteed-capital
Risk level
Minimum investment $500 $500
Interest payment Interest is calculated on each investment anniversary date using the average rate and compounded annually. Interest is payable at maturity.
Transferability Cannot be transferred to a RRIF
Access to funds Not redeemable before maturity
Average rate 1.548 % 2.132 %
Return (%) Term Rate Term Rate
1st year 0.950 % 1st year 0.950 %
2nd year 1.400 % 2nd year 1.150 %
3rd year 2.300 % 3rd year 1.500 %
    4th year 2.650 %
    5th year 4.450 %

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 know the charges related to a RRSP, please consult our brochure to this purpose, being: Fees - Your Guide to Personal Banking Solutions, section "Registered Plans".
  • To know our process of notification of charge increases or the introduction of new fees, please consult our brochure to this purpose, being: General Information and Agreement, section "Notice of Changes to Fees Listed in Your Guide to Personal Banking Solutions".
  • To know our process in dealing with complaints relating to the processing of charges for a RRSP product, click here.
  • 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.

Investment horizon 3 years 5 years
Type Guaranteed-capital Guaranteed-capital
Risk level
Minimum investment $500 $500
Interest payment Interest is calculated on each investment anniversary date using the average rate and compounded annually. Interest is payable at maturity.
Transferability Cannot be transferred to a RRIF
Access to funds
  • Redeemable in full on the anniversary of the issue date (i.e. once a year):
    • 3 year-term: Redeemable starting on the first anniversary date
    • 5 year-term: Redeemable starting on the second anniversary date only
  • Upon redemption, interest is calculated based on the average rate for the years elapsed and it is payable on the redemption date.
Average rate 1.316 % 1.746 %
Return (%) Term Rate Term Rate
1st year 0.900 % 1st year 0.950 %
2nd year 1.300 % 2nd year 1.250 %
3rd year 1.750 % 3rd year 1.450 %
    4th year 1.700 %
    5th year 3.400 %

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 know the charges related to a RRSP, please consult our brochure to this purpose, being: Fees - Your Guide to Personal Banking Solutions, section "Registered Plans".
  • To know our process of notification of charge increases or the introduction of new fees, please consult our brochure to this purpose, being: General Information and Agreement, section "Notice of Changes to Fees Listed in Your Guide to Personal Banking Solutions".
  • To know our process in dealing with complaints relating to the processing of charges for a RRSP product, click here.
  • 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 15 months to 58 months
Risk level
Minimum investment $1,000
Interest payment Compounded annually on the anniversary date and payable at maturity.
Transferability Can be transferred from a RRSP to a RRIF
Access to funds Not redeemable before maturity
Return (%) Term Rate Interest
15 months 1.150 % CONTRIBUTE
20 months 1.250 % CONTRIBUTE
37 months 1.650 % CONTRIBUTE
51 months 1.650 % CONTRIBUTE
58 months 2.100 % CONTRIBUTE
or invest outside your RRSP

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

  • 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 a term equivalent to the initial 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 know the charges related to a RRSP, please consult our brochure to this purpose, being: Fees - Your Guide to Personal Banking Solutions, section "Registered Plans".
  • To know our process of notification of charge increases or the introduction of new fees, please consult our brochure to this purpose, being: General Information and Agreement, section "Notice of Changes to Fees Listed in Your Guide to Personal Banking Solutions".
  • To know our process in dealing with complaints relating to the processing of charges for a RRSP product, click here.
  • To be able to contribute, you need a National Bank account. To open an account, please visit one of 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 Payable at maturity or capitalized at maturity.
Transferability Cannot be transferred to a RRIF
Access to funds Not redeemable before maturity
Return (%) Amount invested Rate  
$5,000 to $99,999 0.650 % CONTRIBUTE
$100,000 to $499,999 0.750 % CONTRIBUTE
$500,000 to $999,999 1.000 % CONTRIBUTE
999,999$ 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 know the charges related to a RRSP, please consult our brochure to this purpose, being: Fees - Your Guide to Personal Banking Solutions, section "Registered Plans".
  • To know our process of notification of charge increases or the introduction of new fees, please consult our brochure to this purpose, being: General Information and Agreement, section "Notice of Changes to Fees Listed in Your Guide to Personal Banking Solutions".
  • To know our process in dealing with complaints relating to the processing of charges for a RRSP product, click here.
  • 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 Compounded annually on the anniversary date and payable at maturity.
Transferability Cannot be transferred to a RRIF
Access to funds Not redeemable before maturity. Transferable before 90 days, without penalty, to a product from National Bank and its subsidiaries with a term equal to or longer than the term remaining.
Return (%) Rate  
1.000 % CONTRIBUTE

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, 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 know the charges related to a RRSP, please consult our brochure to this purpose, being: Fees - Your Guide to Personal Banking Solutions, section "Registered Plans".
  • To know our process of notification of charge increases or the introduction of new fees, please consult our brochure to this purpose, being: General Information and Agreement, section "Notice of Changes to Fees Listed in Your Guide to Personal Banking Solutions".
  • To know our process in dealing with complaints relating to the processing of charges for a RRSP product, click here.
  • 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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