Non-Redeemable Escalarater GIC

Because the rate goes up, year after year

The Escalarater GIC is a great investment solution that allows you to benefit from a higher interest rate year after year. 

Quick view

NON-REGISTERED


Minimal investment

${p2.characteristics.cpg.placementminimal.en}
 

Interest

${p2.characteristics.cpg.typedinteret.en}
 

Term

${p2.characteristics.cpg.termes.en}

 

 

Rate

${p2.characteristics.cpg.taux} %

${p2.characteristics.cpg.1an.en} 

${p2.characteristics.cpg.2ans.en} 

${p2.characteristics.cpg.3ans.en} 

${p2.characteristics.cpg.4ans.en} 

${p2.characteristics.cpg.5ans.en} 

See all rates and terms

Select a term or a rate

Compound interest rates

RRSP


Minimal investment

${p4.characteristics.cpg.placementminimal.en}
 

Interest

${p4.characteristics.cpg.typedinteret.en}
 

Term

${p4.characteristics.cpg.termes.en}

 

 

Rate

${p4.characteristics.cpg.taux} %

${p4.characteristics.cpg.1an.en} 

${p4.characteristics.cpg.2ans.en} 

${p4.characteristics.cpg.3ans.en} 

${p4.characteristics.cpg.4ans.en} 

${p4.characteristics.cpg.5ans.en} 

See all rates and terms

Select a term or a rate

Compound interest rates

TFSA


Minimal investment

${p6.characteristics.cpg.placementminimal.en}
 

Interest

${p6.characteristics.cpg.typedinteret.en}
 

Term

${p6.characteristics.cpg.termes.en}

 

 

Rate

${p6.characteristics.cpg.taux} %

${p6.characteristics.cpg.1an.en} 

${p6.characteristics.cpg.2ans.en} 

${p6.characteristics.cpg.3ans.en} 

${p6.characteristics.cpg.4ans.en} 

${p6.characteristics.cpg.5ans.en} 

See all rates and terms

Select a term or a rate

Compound interest rates

Additional information
 

Non-Registered

Interest payment options

Composed annually on the anniversary date on the average rate and payable at maturity.


Transferability

Cannot be transferred to a RRIF.


Access to funds

Not redeemable before maturity.
 


The interest rates posted are paid at maturity.

RRSP

Interest payment options

Composed annually on the anniversary date on the average rate and payable at maturity.
 

Transferability

Cannot be transferred to a RRIF.
 

Access to funds

Not redeemable before maturity.


The interest rates posted are paid at maturity.

TSFA

Interest payment options

Composed annually on the anniversary date on the average rate and payable at maturity.
 

Transferability

Cannot be transferred to an RRIF.
 

Access to funds

Not redeemable before maturity.


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.

> To know the charges related to a TFSA and RRSP, please consult the brochure to this purpose, being: Fees - Your Guide to Personal Banking Solutions, section "Registered Plans".

National Bank is a member of the Canada Deposit Insurance Corporation (CDIC).

> 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 product, please click here.

> To contribute, you need a National Bank account. To open an account, please visit one of our branches.

 

 

Find out more 

RRSPs and taxes

Contributing to an RRSP allows you to reduce the fiscal impact of your investments. First by diminishing the amount owed in taxes for the RRSP contribution year, then by keeping the invested amount sheltered from taxation until retirement.

Reducing the taxes

Smiling African Businessman Using a Tablet

RRSP ot TFSA?

RRSPs and TFSAs were designed to meet different objectives. The RRSP is a vehicle to help save for retirement, while the TFSA was created to help save for more short-term projects, like buying a car.

See details

Planning your retirement

Does retirement seem a long way off? By starting early to save for your older age, you have time on your side to accumulate what you need to maintain your standard of living… Maybe until you’re 100!

My dream retirement