Joint account: pros and cons
Promotion period:
September 15, 2022 to December 13, 2022.
Account eligible for the promotion:
High Interest Savings Account at National Bank. Only one account is eligible.
Promotional rate offered:
- You will benefit from an annual interest rate of 4.25% on eligible deposits made during the promotion period. As of September 15, 2022, the regular annual interest rate in effect is 1.25%, which translates to an increase of 3%.
- Interest is calculated at the end of each day on the account's total daily balance. It is paid monthly.
- If you already have a National Bank High Interest Savings Account at the start of the promotion, the promotional rate will only apply to amounts deposited starting on September 15, 2022. Amounts deposited to the account before the start of the promotion period will continue to earn interest at the regular annual interest rate in effect.
- After the promotion, the interest rate on the account balance will be the regular annual interest rate in effect with no bonus rate.
Deposits eligible for the promotion:
- Any new deposits made to your eligible account during the promotional period, up to a maximum of $999,999.00. Deposits exceeding $999,999.00 earn interest at the regular rate.
- Deposits originating from amounts held at another financial institution are eligible, including amounts deposited to a National Bank chequing account, then transferred to the new account less than 30 days later.
- Deposits originating from amounts held in a National Bank savings account, investment account or registered account are not eligible.
Other conditions:
- The promotion may not be combined with any other benefit,
offer or promotion.
- The promotion may be modified
or withdrawn without notice.
®NATIONAL BANK and the NATIONAL BANK logo are registered trademarks of National Bank of Canada.
