The promotional offer is valid from August 3, 2020 to November 30, 2020 (“promotional period”).
The offer is intended for all persons without any chequing account at National Bank.
The offer may be modified, extended, or withdrawn without prior notice at any time. You must have reached the age of majority at the time of your enrollment in the covered products. Employees of National Bank and its subsidiaries and entities are not eligible.
The offer may not be combined or used with any other National Bank offer, promotion or benefit and cannot be applied retroactively. There is a limit of one cashback per eligible product during this promotion. The client cannot benefit of the offer more than once. Only the primary account holder is eligible for the offer. The actual secondary account holders that open a new account are not eligible to the offer. The cashback amount varies according to the conditions fulfilled.
To be eligible to the offer you must open a new chequing account with an eligible package described below or sign up to an Offer for Professionals or an Offer for Students and fulfill the conditions.
|Eligible products||1st Cashback after opening an eligible chequing account||Additional cashback with a recurring and automatic direct deposit to the account||Maximum and total Cashback|
|Offers for Professionals & Offer for Students||$50||+$50||$100|
1st Cashback conditions.
After opening your new chequing account and choose an eligible product you must:
Conditions to obtain the additional cashback.
You benefit of 60 days following the chequing account opening to meet the offer conditions and obtain the cashback.
Cashbacks will be done in one (1) deposit in your new National Bank chequing account within 120 days of the opening date of your chequing account.
To be granted the cashback, you must maintain the eligible products and services, and not make any changes related to these products and services for a minimum of 12 months after signing up for them. If you do not meet this condition, you will have to repay to the Bank an amount corresponding to the period in which you did not keep your eligible products and services, within 30 days of receiving the request for payment.
Clients who have benefit from a cashback offer on their chequing account since November 1st 2017 are not eligible to this offer.
1. Applicable conditions:
2. Transactions carried out at our ABMs, a participating merchant, through our online banking services (including our call centre) or those related to certain operations in your account.
3. Transactions carried out at our branches during normal business hours.
4. If you do not have one of the packages (The Connected, The Total, The Modest, The Minimalist, or the offer for professionals or students) or if you exceed the number of transactions included in your package, a fee of $1 may apply when you send money via Interac e-Transfer. The transfer must be sent to a bank account held at a participating Canadian financial institution. Refer to the Guide to Personal Banking Solutions for more information.
5. The cashback on the annual fees for a Mastercard credit card can only be applied one time, at enrollment.
TM THE CONNECTED and THE TOTAL are trademarks of National Bank of Canada.
® THE MODEST, THE MINIMALIST and NATIONAL BANK are trademarks of National Bank of Canada.
® Interac and Interac e-Transfer are registered trade-marks of Interac Corp. Used under licence
® MASTERCARD is a registered trademark of Mastercard International Inc. Authorized user: National Bank.
The passbook option has not been available to new clients since May 4, 2015. If you are an existing client who uses a passbook with your account, a $2.50 monthly fee is charged.
For the fees associated with our products and services, consult the Fee Guide [PDF].
Contract governing personal deposit and investment accounts
For more information on the terms and conditions governing your new account, consult the Contract governing personal deposit and investment accounts document [PDF].
Basic banking services
For the terms and conditions governing whether a person may open an account or cash cheques and other items from the federal government, consult our guide to Basic Banking Services [PDF].
Access to funds policy
For details of our cheque hold policy, see the Access to Funds Policy [PDF].
Coercive tied selling
To understand what coercive tied selling is and what is not allowed, consult our pamphlet What you need to know about coercive tied selling [PDF].
Canada Deposit Insurance Corporation
Please refer to our page about Canada Deposit Insurance Corporation (CDIC)
FCAC account selector tool
Discover the Financial Consumer Agency of Canada (FCAC)’s account selector tool to compare bank accounts.