Build your mortgage offer

The promotional offer is valid until October 31, 2024. The loan must be disbursed within 90 days of receipt of the client’s application for a mortgage loan from National Bank. The mortgage loan must have a fixed or variable rate and a term of 4 years or longer at the promotional rate in effect and as announced on National Bank’s website. The loan must be for an owner-occupied residential dwelling with 1 to 4 units. There is a limit of one cashback per mortgage loan.

Cashback up to $3,000:

The cashback amount varies according to the mortgage loan amount.

· $1,000 cashback for mortgage loans from $100,000 to $249,999

· $1,500 cashback for mortgage loans from $250,000 to $499,999

· $2,000 cashback for mortgage loans from $500,000 to $749,999

· $3,000 cashback for mortgage loans of $750,000 or more

If all conditions are met, the cashback will be granted within 2 days of the date the loan is disbursed. Mortgage loans are subject to credit approval by National Bank.

You must maintain your mortgage loan for the duration of the term; otherwise, you will be required to reimburse a portion of the cashback received, in proportion to the term remaining.

The promotional offer is valid until October 31, 2024.

This offer applies to Personal Banking clients of National Bank who take out a mortgage loan of $100,000 or more during the promotional period and sign up for 3 or more types of insurance coverage (life, disability, and critical illness). The amount of the cashback varies depending on the amount of coverage taken out by the borrower and their co-borrowers, if applicable, and the amount of the loan covered by life insurance. The client must sign up for mortgage loan insurance when the loan is granted or, at the latest, when the loan is disbursed. The mortgage loan insurance application must be signed during the promotional period.

This offer applies to a new purchase, external refinancing, or mortgage transfer. Mortgage renewals, internal refinancing, and mortgage renegotiations are excluded from the offer. Financing must be for a residential dwelling with 1 to 6 units. 

The cashback amount can be up to $1,000.

Amount covered by life insurance from $100,000 to $399,999.99

Amount covered by life insurance of $400,000.00 and more

If all conditions are met:

· The first half of the cashback will be awarded during the month following the loan disbursement.

· The remaining half of the cashback will be awarded no later than 6 months after the loan disbursement.

The cashback will be deposited in two (2) portions to the transaction account from which mortgage payments are collected, within 30 days of the conditions being met. No insurance claim must have been accepted for your loan within the first 6 months of disbursement for all insured persons under the agreement. To benefit from the full cashback, the client must keep all the coverage to which they subscribed at disbursement for 6 months after the loan is disbursed and must be up to date with their mortgage payments.

The offer may be modified, extended, or withdrawn without prior notice at any time. The offer may not be combined with any other National Bank offer, promotion, or benefit, other than the ones mentioned in this leaflet, and cannot be applied retroactively. There is a limit of only one cashback per eligible mortgage for the duration of the promotion, regardless of the number of co-borrowers. Clients cannot benefit from the offer more than once.

Promotion period:

April 1 to October 31, 2024

Description of the promotion

Up to $550 cashback after opening a chequing account and adding certain services or carrying out certain transactions and signing up for a new eligible credit card. See the conditions below.

Eligibility conditions

When will the cashback be paid to your chequing account

The total cashback to which you are entitled will be deposited to your new chequing account no later than 180 days after the account is opened.

Other conditions : 

• You can receive only one cashback for this chequing account.
• You must be at least 14 years old when you open the new chequing account.
• You need to keep the new chequing account and the new eligible credit card (if applicable) for at least 12 months starting when the account is opened. If you don't meet this condition, you'll have to reimburse a portion of the cashback for the product you didn't maintain corresponding to the period remaining.
• You must keep your chequing account in good standing for 120 days after the account is opened by complying with the conditions set out in the Deposit Account Agreement. For example, you need to pay the monthly fees of the chequing account when applicable.
• Keep the account in good standing by complying with the conditions set out in the Credit card agreement. For example, all minimum payments must be made on time.
• The new eligible credit card (if applicable) is granted subject to credit approval from National Bank. You must be 18 years old when you sign up for the new card. Other conditions apply to the issue of the card.
• You must not be employed by National Bank or one of its subsidiaries.
• This promotion may be modified or withdrawn without prior notice.
• This promotion can't be combined with any other promotion applicable to eligible chequing accounts, an exclusive offer or banking packages. However, it can be combined with another eligible National Bank credit card, mortgage loan or investment promotion.