Personal
Business
Wealth Management

Search Find us

Fr

Personal Business

Online transactions

Personal Business

Direct Brokerage NB Financial Natbank Group Retirement Plans Securities Custody

Personal

Home Bank accounts

Home Bank accounts

ACCOUNTS

Chequing accounts High Interest Savings Account USD Progress Select an account FAQ

EXCLUSIVE OFFERS

New clients Healthcare professionals Engineering professionals Legal and business professionals Students Youths Newcomers to Canada

TIPS AND TOOLS

My finances My home My travel plans My retirement My business My new life in Canada

WHERE TO CARRY OUT TRANSACTIONS

National Bank online FAQ Mobile app ABMs

DAY-TO-DAY TRANSACTIONS

Mobile Payment Online bank transfers Mobile cheque deposit Ordering foreign currency Banking services

Credit cards

Home Credit cards

CREDIT CARD CATEGORIES

No fee Cashback Travel Rewards Low interest rate

MASTERCARD CREDIT CARDS

World Elite mycredit Allure Platinum FAQ View all cards

BENEFITS AND SERVICES

Promotions À la carte Rewards Program Priceless Cities VIP lounge at Montréal Airport Concierge services Features and tools View all benefits

INSURANCE

Credit card payment insurance

TIPS AND TOOLS

My finances My home My travel plans My retirement My business My new life in Canada

Borrowing

Home Borrowing

LOANS

Personal loans Car loan RRSP Loan and lines of credit FAQ

LINES OF CREDIT

Personal line of credit Home equity line of credit Student line of credit FAQ

INSURANCE

Loan and line of credit insurance FAQ

TIPS AND TOOLS

My finances My home My travel plans My retirement My business My new life in Canada

Mortgages

Home Mortgages

MORTGAGE SOLUTIONS

Mortgage Loans Home equity line of credit Self-employed worker FAQ

SERVICES OFFERED

Mortgage Pre-approval Refinance Your Mortgage Transfer Mortgage Renewal Mortgage Specialists HBP

MORTGAGE CALCULATOR

Calculate your payments Should you rent or buy? How Much Mortgage Can I Afford? Mortgage calculators

MORTGAGE RATES

View all rates

INSURANCE

Mortgage insurance

TIPS AND TOOLS

My home My first buy My new property My second home Prepare my application Accelerate my repayment

Savings and investments

Home Savings and investments

SAVINGS PLANS

RRSP TFSA RESP View all plans FAQ

SAVINGS ACCOUNTS

High interest Cash Advantage Solution FAQ

INVESTMENT SOLUTIONS

Investing with NATgo NBI Private Wealth Management NBI Portfolios NBI Funds View all our solutions FAQ

GICS

Conventional redeemable Non-redeemable Diversified View all GICs FAQ

TIPS AND TOOLS

My financial planner My investor profile Choosing an RRSP or TFSA Understanding systematic savings Plan my retirement

Insurance

Home Insurance

INSURANCE PRODUCTS

Loan and line of credit insurance Travel insurance Mortgage loan insurance Credit card payment insurance FAQ

SERVICES OFFERED

Insurance claims

ASSISTANCE

SECURIZONE

TIPS AND TOOLS

My finances My home My travel plans My retirement My business My new life in Canada

Advice

Home Advice

TIPS AND TOOLS

Banking Credit Savings and investment Home Insurance Budget Taxes and income Immigration Retirement Succession Studying Security View all articles

Business

Home Banking Solutions

Home Banking Solutions

BANK ACCOUNTS AND PACKAGES

Opening an Account Accounts Packages

OPERATIONS MANAGEMENT

Internet and Mobile Banking Solutions Cash Management Overdraft Protection Payment Processing

SPECIALIZED SECTORS

Agribusiness Agri-food Creative Industries Insurance Brokers Forestry Franchise Real Estate Manufacturing Companies NPOs and Associations Fisheries and Fishery Products Business Professionals Healthcare Professionals Healthcare and Life Sciences Public Sector Energy Services Technology

Credit Cards

Home Credit Cards

CREDIT CARDS

Mastercard Business Platinum Mastercard Business Mastercard Business Line Mastercard Corporate

STAGES OF DEVELOPMENT

Launch Growth Transfer

Financing

Home Financing

FINANCING SOLUTIONS

Short-term Long-term Supply Chain Financing Acquisition Merchant Services Loan Insurance

STAGES OF DEVELOPMENT

Launch Growth Transfer

Investing

Home Investing

INVESTMENTS

Business Investment Account Guaranteed Investment Certificates Mutual Funds and Other Trust Services

STAGES OF DEVELOPMENT

Launch Growth Transfer

International

Home International

OUR GLOBAL TRADE SOLUTIONS

Foreign Exchange Risk Hedging Foreign Currency Accounts Payment Solutions U.S. Bank accounts Import-Export Supply Chain Financing Foreign currencies exchange rates Representative offices abroad

Going Further

Home Going Further

PARTNER OFFERS

Legal Support Mentoring for entrepreneurs Virtual Clinic Accounting Services Online Appointment Payment Solutions Online Budgeting

HR SOLUTIONS

Payroll Solutions Group Retirement Plans Employee Benefits Plans

STAGES OF DEVELOPMENT

Launch Growth Transfer

Tips and Tools

Home Tips and Tools

ADVICE

Start-up Growth Transfer Money and finances Sales and marketing Exports Human resources Operations Technologies Skills development Becoming my own boss View all articles

TOOLS

My Business Model Directory of Resources

NEWS

Newsletters Webinars See the news

Wealth Management

Home

Online transactions

Personal Business

Direct Brokerage NB Financial Natbank Group Retirement Plans Securities Custody

Français

CLOSE

Savings and investments

Sign up for our newsletter

Safeguarding your investments

Search

article(s)

Is it a good time to buy or to sell on the real estate market?

23 July 2020
How to make the right personal finance decisions during a crisis

29 April 2020
COVID-19: How to manage your investment portfolio when stock markets are on the decline

27 March 2020
COVID-19: The best practices for managing financial health

27 March 2020
Market outlook – Q2 2020

20 March 2020
Ladies, let’s take care of our financial affairs

05 March 2020
I dream of a day when we no longer need RRSP campaigns

24 February 2020
Five great reasons to save when you’re young

14 February 2020
People my Age Have How Much Money Aside?

17 January 2020
Market outlook: First quarter 2020

13 December 2019
Why buy Treasury bills?

23 August 2019
5 Ways to support the local economy

02 August 2019
How Capital Gain Works

30 July 2019
How to save for real life

28 June 2019
Everything you Need to Know About the Stock Market

28 June 2019
Everything you Need to Know About the Individual Pension Plan

26 June 2019
Canada Savings Bonds: What you Need to Know

10 June 2019
Make a Sound Investment in a Residential Rental Property

03 June 2019
Make the Most of Your Severance Pay

03 June 2019
20 Painless Ways to Save Money

01 June 2019
Investing in index funds: 3 key questions

15 May 2019
Saving: How to Take Action Now

26 April 2019
Anyone with a Disability Should Take Advantage of an RDSP

14 March 2019
All of the Benefits of a Registered Education Savings Plans (RESP)

01 March 2019
Art: An exciting investment

21 February 2019
7 saving strategies to achieve your goals

07 January 2019
Tax-Free Savings Account (TFSA): Top 10 Questions and Answers

18 December 2018
RRSP or TFSA?

18 December 2018
What is a bad investment?

04 November 2018
Why slow and steady investing strategies win the race

04 November 2018
Parental Leave: How Does It Impact My RRSP?

04 November 2018
Key Benefits of the Tax-Free Savings Account (TFSA)

03 November 2018
How Does a Savings Account Work?

03 November 2018
Infographic: Follow the path to a secure financial future!

03 November 2018
How do mutual funds work?

03 November 2018
Group RRSPs: How they work

03 November 2018
What you need to know before converting an RRSP to a RRIF

02 November 2018
Tips for getting the most out of your RESPs

31 October 2018
6 things you need to know about RESPs

31 October 2018
ETFs' Risks & Opportunities: What You Need to Know

31 October 2018
Top 5 financial planning mistakes

31 October 2018
Nine ideas to help you save

24 July 2018
A simple way to invest in real estate

16 May 2018
Investing in gold to diversify your placements

13 May 2018
Investing in the stock market: Ten mistakes to avoid

24 October 2017
Why an investor needs a game plan

19 September 2017
Good or bad investment?

19 September 2017
Ready to invest? Your questions, answered

10 August 2017
Investing: 4 tips you can bank on

17 July 2017
The rule of 72 and the magic of compound interest

26 June 2017
How Does the Home Buyers’ Plan Work?

13 February 2017
The Top 8 Reasons to Use Your RRSP to Go Back to School

08 February 2017
Infographic: Build your wealth!

08 November 2015
What Are Hedge Funds ?

17 November 2014

No results

Categories

All featured articles
Banking
Budget
Career
Credit
Home
Immigration
Insurance
Other
Retirement
Security
Student
Succession
Taxes and income

Popular articles

Security
Career
Studying

How to Prepare for Nursing Internships

23 September 2020
Insurance

Do you Have Enough Insurance?

22 September 2020
Credit

Chargeback: Dispute a Credit Card Transaction

15 September 2020

Stay informed

Sign up for our newsletter to get recent publications, expert advice and invitations to upcoming events.

Sign up for our newsletter

Useful links

Important notices

Customer service

Change of address

Lost or stolen card

About us

Our organization

Investor relations

Corporate responsibility

Our subsidiaries

Complaint settlement

News and useful articles

Articles and advice

Economic analysis

Foreign Exchange Analysis

Terms of use | Privacy policy | Cookies | ABCs of security

© NATIONAL BANK OF CANADA. All rights reserved 2020.
® The NATIONAL BANK logo and POWERING YOUR IDEAS are registered trademarks of National Bank of Canada.

Useful links

Important notices

Customer Service

Change of address

Lost or stolen card

About us

About us

Our organization

Investor relations

Corporate responsibiliy

Our subsidiaries

Complaint settlement

News and useful articles

Articles and advice

Economic analysis

Foreign Exchange Analysis

Terms of use | Privacy policy | Cookies | ABCs of security

© NATIONAL BANK OF CANADA. All rights reserved 2020.
® The NATIONAL BANK logo and POWERING YOUR IDEAS are registered trademarks of National Bank of Canada.

{"cache":{"resources":{"/content/bnc/en/jcr:content/ws_layout_footer/footer/floating_menu":{"data":{"jcr:primaryType":"nt:unstructured","jcr:createdBy":"camd021","jcr:lastModifiedBy":"nitr001","topfaq":["/content/bnc/en/accueil/particuliers/faq-general/covid-19-comment-fonctionne-le-report-de-versement-hypothecaire","/content/bnc/en/accueil/particuliers/faq-general/heures-douverture-modifiees-succursales","/content/bnc/en/accueil/particuliers/faq-general/covid-19-conseils-voyageurs-remboursement-annulation-de-vol","/content/bnc/en/accueil/particuliers/faq-general/comment-faire-un-depot-numerique-cheques","/content/bnc/en/accueil/particuliers/faq-general/covid-19-quel-est-le-montant-limite-pour-un-virement-interac-pour-les-entreprises","/content/bnc/en/accueil/particuliers/faq-general/covid-19-quelles-sont-les-mesures-de-soutien-mises-en-place-par-banque-nationale-entreprises","/content/bnc/en/accueil/particuliers/cartes-credit-mastercard/faq/comment-augmenter-ma-limite-de-credit","/content/bnc/en/accueil/particuliers/faq-general/covid-19-comment-proceder-assurance-pret-ou-paiement"],"jcr:created":"Tue Oct 01 2019 09:18:50 GMT-0400","lang":"en","jcr:lastModified":"Tue Jun 30 2020 15:52:51 GMT-0400","sling:resourceType":"web-sites-react/components/floating-menu"},"depth":0}},"scripts":{},"included":{},"serviceCalls":{"/content/bnc/en/jcr:content/ws_layout_footer/footer/floating_menu_com.bnc.aem.websites.toolkit.sling.models.react.FloatingMenuModel.getEncryptedLanguage()":"{8809c97ec0c2781eabe946e9c40bfa31e958084b19e7db6611db1dd0b63cd765}","/content/bnc/en/jcr:content/ws_layout_footer/footer/floating_menu_com.bnc.aem.websites.toolkit.sling.models.react.FloatingMenuModel.getEncryptedContextPath()":"{8c6669b9f0f52092d7703840406fbe2a3f46b148e28dc014ab455990be5002b8}","/content/bnc/en/jcr:content/ws_layout_footer/footer/floating_menu_com.bnc.aem.websites.toolkit.sling.models.react.FloatingMenuModel.getTopFaq()":"{\"faqs\":[{\"answer\":\"<p>This support measure allows you to postpone your payments (principal and interest) to give you a financial break.&nbsp;You can&nbsp;<a href=\\\"https://www.nbc.ca/forms/tools/defer-mortgage.html\\\" target=\\\"_blank\\\">apply online<\\/a>&nbsp;for a period of up to 3 months.<\\/p>\\n<p>Since you don\\u2019t make mortgage payments during the deferral period, your loan balance is paid more slowly than expected, which will result in additional interest charges. Additionally, the balance of your loan will be higher than expected at the end of your term.<br>\\n<\\/p>\\n<p><b>In other words, if you choose to defer your mortgage payments:<\\/b><br>\\n<\\/p>\\n<ul>\\n<li>The deferral applies to the principal and interest only. You must continue paying the other costs included in your regular payments, municipal and school taxes, and life, critical illness and disability insurance, if applicable. There may be a delay before these amounts are withdrawn from your bank account. Make sure you have enough money in your account to make these payments.<\\/li>\\n<li>Interest continues to accrue during the deferral period and is added to the balance of your loan on each deferred payment date. National Bank will reimburse the interest on the interest accumulated on the deferred payments for the entire deferral period.<\\/li>\\n<li>The amount of your payments will not change after the deferral period.&nbsp;<\\/li>\\n<li>Upon renewing your payments, the balance of your loan will be higher due to the outstanding principal and unpaid interest generated by the deferral. This could result in a higher payment amount.<\\/li>\\n<\\/ul>\\n<p>The request to defer a payment or extend a deferral must be made no later than<b>&nbsp;September 30, 2020<\\/b>.<br>\\n<\\/p>\\n<p><a href=\\\"https://www.nbc.ca/personal/covid-19/support-measures.html#deferral-mortage\\\">See all details<\\/a><\\/p>\\n<p>&nbsp;<\\/p>\\n<p>&nbsp;<\\/p>\\n\",\"question\":\"COVID-19 :  How does a mortgage payment deferral work?\",\"complex\":\"false\",\"id\":\"/content/bnc/en/accueil/particuliers/faq-general/covid-19-comment-fonctionne-le-report-de-versement-hypothecaire\",\"cleanAnswer\":\"This support measure allows you to postpone your payments (principal and interest) to give you a financial break.&nbsp;You can&nbsp;apply online&nbsp;for a period of up to 3 months.\\nSince you don\\u2019t make mortgage payments during the deferral period, your loan balance is paid more slowly than expected, which will result in additional interest charges. Additionally, the balance of your loan will be higher than expected at the end of your term.\\n\\nIn other words, if you choose to defer your mortgage payments:\\n\\n\\nThe deferral applies to the principal and interest only. You must continue paying the other costs included in your regular payments, municipal and school taxes, and life, critical illness and disability insurance, if applicable. There may be a delay before these amounts are withdrawn from your bank account. Make sure you have enough money in your account to make these payments.\\nInterest continues to accrue during the deferral period and is added to the balance of your loan on each deferred payment date. National Bank will reimburse the interest on the interest accumulated on the deferred payments for the entire deferral period.\\nThe amount of your payments will not change after the deferral period.&nbsp;\\nUpon renewing your payments, the balance of your loan will be higher due to the outstanding principal and unpaid interest generated by the deferral. This could result in a higher payment amount.\\n\\nThe request to defer a payment or extend a deferral must be made no later than&nbsp;September 30, 2020.\\n\\nSee all details\\n&nbsp;\\n&nbsp;\\n\",\"boostKeywords\":[\"mortgage deferral, mortgage, deferral, covid\"],\"url\":\"https://www.nbc.ca/personal/faq-general/covid-19-how-does-a-mortgage-payment-deferral-work.html\"},{\"answer\":\"<p>Some branches are temporarily&nbsp;closed,&nbsp;and others have reduced business hours. Before your visit, check&nbsp;<a href=\\\"https://locator.nbc.ca/\\\">our branch locator<\\/a>&nbsp;for our updated business hours.&nbsp;Our ABMs continue to remain available.&nbsp;To find the closest ABM near you,&nbsp;<a href=\\\"https://locator.nbc.ca/\\\">click here<\\/a>.&nbsp;<\\/p>\\n\",\"question\":\"COVID-19: What are the modified branch business hours?\",\"complex\":\"false\",\"id\":\"/content/bnc/en/accueil/particuliers/faq-general/heures-douverture-modifiees-succursales\",\"cleanAnswer\":\"Some branches are temporarily&nbsp;closed,&nbsp;and others have reduced business hours. Before your visit, check&nbsp;our branch locator&nbsp;for our updated business hours.&nbsp;Our ABMs continue to remain available.&nbsp;To find the closest ABM near you,&nbsp;click here.&nbsp;\\n\",\"boostKeywords\":[\"covid-19, coronavirus, corona-virus\"],\"url\":\"https://www.nbc.ca/personal/faq-general/heures-douverture-modifiees-succursales.html\"},{\"answer\":\"<p>Consult our section on&nbsp;<a href=\\\"/content/bnc/en/accueil/covid-19/voyages.html\\\">COVID-19<\\/a>&nbsp;for information regarding travel and more.<\\/p>\\n<p>This section is regularly updated.&nbsp;<\\/p>\\n\",\"question\":\"COVID-19 : Travel advice, refund and flight cancellation\",\"complex\":\"false\",\"id\":\"/content/bnc/en/accueil/particuliers/faq-general/covid-19-conseils-voyageurs-remboursement-annulation-de-vol\",\"cleanAnswer\":\"Consult our section on&nbsp;COVID-19&nbsp;for information regarding travel and more.\\nThis section is regularly updated.&nbsp;\\n\",\"boostKeywords\":[\"Travel, refund, flight cancellation\",\"\"],\"url\":\"https://www.nbc.ca/personal/faq-general/covid-19-travel-advices-refund-flight-cancellation.html\"},{\"answer\":\"<p>Need to deposit a cheque? With the <a href=\\\"/content/bnc/en/accueil/particuliers/comptes/application-mobile.html\\\">National Bank mobile app<\\/a>, you can deposit cheques anytime, anywhere, by taking a photo with your smart phone or tablet.<\\/p>\\n<p><a href=\\\"https://bncdemo.com/en/course/start/public-mobile-cheque-deposit/emulator-public-mobile-cheque-deposit/emulator\\\">See demo<\\/a><\\/p>\\n\",\"question\":\"How can I deposit cheques using my mobile device?\",\"complex\":\"false\",\"id\":\"/content/bnc/en/accueil/particuliers/faq-general/comment-faire-un-depot-numerique-cheques\",\"cleanAnswer\":\"Need to deposit a cheque? With the National Bank mobile app, you can deposit cheques anytime, anywhere, by taking a photo with your smart phone or tablet.\\nSee demo\\n\",\"boostKeywords\":[\"hypothèque, mortgage deferral, mortgage, deferral, report\"],\"url\":\"https://www.nbc.ca/personal/faq-general/how-can-deposit-cheques-using-your-mobile-device.html\"},{\"answer\":\"<p>Due to COVID-19, the <i>Interac<\\/i> e-Transfer® limit has been temporarily modified.<\\/p>\\n<p>Your business can send:<\\/p>\\n<ul>\\n<li>$5,000 per day<\\/li>\\n<li>$25,000 per week&nbsp;<\\/li>\\n<li>$400,000 per month&nbsp;<\\/li>\\n<\\/ul>\\n<p>Your business can receive:<\\/p>\\n<ul>\\n<li>$100,000 per week It is possible to view the different limits when the transfer is sent.<\\/li>\\n<\\/ul>\\n<p>®The <i>Interac<\\/i> and Interac\\u202fe-Transfer are registered trademarks of Interac Corp. Used under licence.<\\/p>\\n\",\"question\":\"COVID-19:  What is the limit for an Interac e-Transfer for businesses?\",\"complex\":\"false\",\"id\":\"/content/bnc/en/accueil/particuliers/faq-general/covid-19-quel-est-le-montant-limite-pour-un-virement-interac-pour-les-entreprises\",\"cleanAnswer\":\"Due to COVID-19, the Interac e-Transfer® limit has been temporarily modified.\\nYour business can send:\\n\\n$5,000 per day\\n$25,000 per week&nbsp;\\n$400,000 per month&nbsp;\\n\\nYour business can receive:\\n\\n$100,000 per week It is possible to view the different limits when the transfer is sent.\\n\\n®The Interac and Interac\\u202fe-Transfer are registered trademarks of Interac Corp. Used under licence.\\n\",\"boostKeywords\":[\"mortgage deferral, mortgage, deferral, covid\"],\"url\":\"https://www.nbc.ca/personal/faq-general/covid-19-what-is-the-limit-for-an-interac-e-transfer-for-businesses.html\"},{\"answer\":\"<p>We continue to implement innovative measures to support your business. Stay informed and see the complete list of our relief measures and other programs on our&nbsp;<a href=\\\"/content/bnc/fr/accueil/entreprises/covid-19.html\\\">COVID-19 page<\\/a>.<\\/p>\\n<p>This page is updated regularly.<\\/p>\\n\",\"question\":\"COVID-19:  What support measures have been put in place by National Bank for businesses? \",\"complex\":\"false\",\"id\":\"/content/bnc/en/accueil/particuliers/faq-general/covid-19-quelles-sont-les-mesures-de-soutien-mises-en-place-par-banque-nationale-entreprises\",\"cleanAnswer\":\"We continue to implement innovative measures to support your business. Stay informed and see the complete list of our relief measures and other programs on our&nbsp;COVID-19 page.\\nThis page is updated regularly.\\n\",\"boostKeywords\":[\"mortgage deferral, mortgage, deferral, covid\"],\"url\":\"https://www.nbc.ca/personal/faq-general/covid-19-what-support-measures-have-been-put-in-place-by-national-bank-businesses.html\"},{\"answer\":\"<p>For a credit limit increase, sign in to&nbsp;<a href=\\\"https://app.bnc.ca/\\\" target=\\\"_blank\\\">your online bank<\\/a>:&nbsp;<br>\\n<\\/p>\\n<ol>\\n<li>Click&nbsp;<b>Overview<\\/b>&nbsp;in the left menu&nbsp;<\\/li>\\n<li>Select your&nbsp;<i>credit card<\\/i>&nbsp;<\\/li>\\n<li>Click&nbsp;<b>Increase my limit<\\/b>&nbsp;<\\/li>\\n<li>Follow the instructions&nbsp;<\\/li>\\n<\\/ol>\\n\",\"question\":\"How do I increase my credit limit\",\"complex\":\"false\",\"id\":\"/content/bnc/en/accueil/particuliers/cartes-credit-mastercard/faq/comment-augmenter-ma-limite-de-credit\",\"cleanAnswer\":\"For a credit limit increase, sign in to&nbsp;your online bank:&nbsp;\\n\\n\\nClick&nbsp;Overview&nbsp;in the left menu&nbsp;\\nSelect your&nbsp;credit card&nbsp;\\nClick&nbsp;Increase my limit&nbsp;\\nFollow the instructions&nbsp;\\n\\n\",\"boostKeywords\":[\"deferral, minimum payment\"],\"url\":\"https://www.nbc.ca/personal/mastercard-credit-cards/faq/how-do-i-increase-my-credit-limit.html\"},{\"answer\":\"<p>We understand you have many questions about your loan insurance and credit card payment insurance. Here are <a href=\\\"https://www.nbc.ca/personal/notice.html#section4\\\">some tips<\\/a> to help you.&nbsp;<\\/p>\\n\",\"question\":\"COVID-19 : How to proceed if I have loan or payment insurance?\",\"complex\":\"false\",\"id\":\"/content/bnc/en/accueil/particuliers/faq-general/covid-19-comment-proceder-assurance-pret-ou-paiement\",\"cleanAnswer\":\"We understand you have many questions about your loan insurance and credit card payment insurance. Here are some tips to help you.&nbsp;\\n\",\"boostKeywords\":[\"covid, covid-19, coronavirus\"],\"url\":\"https://www.nbc.ca/personal/faq-general/covid-19-how-to-proceed-if-i-have-loan-or-payment-insurance.html\"}],\"displayFloatingMenu\":false}"}},"resourceType":"web-sites-react/components/floating-menu","path":"/content/bnc/en/jcr:content/ws_layout_footer/footer/floating_menu","wcmmode":"disabled"}