™ The Progress Account and the Strategist Account are registered trademarks of National Bank of Canada.
® Registered trademark of Interac Inc. Authorized user: National Bank.
1. Interest is calculated at the end of each day on the total daily balance if it is $5,000 or more. No interest is paid if the total daily balance is less than $5,000. Interest is paid monthly. Rates are subject to change without notice.
2. Transactions carried out using our Automated Services or National Bank online.
3. Services offered by the Bank through National Bank online, the mobile banking app and telephone banking solutions. These services provide access to accounts using a client card number issued by the Bank and a password chosen by the client, and allow clients to carry out various banking transactions including account, line of credit and credit card balance inquiries, transaction history requests (deposits and withdrawals), wire transfers, fund transfers to other National Bank account holders, requests to access documents, cheque images and bills, bill payments and cheque orders. Some features are not available through the National Bank mobile app. Certain browser versions are required to access National Bank online. For more information, visit the Browsers section for access to online banking services and read the ABCs of Security.
4. Banking services providing account access by means of a debit card issued by National Bank and used at a National Bank automated banking machine or an automated banking machine in an affiliate network or point-of-service terminals or with other devices and technology made available to National Bank clients. These services allow clients to carry out a range of banking transactions including withdrawals, deposits, account, line of credit and credit card balance inquiries, transaction history requests (deposits and withdrawals), fund transfers and bill payments. Additional fees are charged for using the Interac® and CIRRUS® networks. No additional fees are charged for using THE EXCHANGE® ABM network.
5. Banking services usually provided at National Bank branches during normal business hours, including deposits, withdrawals, transfers, bill payments, foreign exchange transactions, purchase of travellers cheques or drafts and use of safety deposit boxes.
6. For USD bank drafts, applicable fees are in USD.
7. A transfer of $10 or more from another account is required. Transfers can be made from more than one account. A $1.00 fee will apply if the transfer cannot be completed due to insufficient funds. Cheques and pre-authorized debits are not included with this account.
8. Interest is calculated at the end of each day on the total daily balance. Interest is paid monthly. Rates are subject to change without notice.
9. Interest is calculated at the end of each day on the total daily balance and is applied monthly. To find out the tiered interest rate, which is applicable based on the different tiers of account balances, see current rates. Rates are subject to change without notice.
10. Interest is calculated at the end of each day on the total daily balance if it is USD 5,000 or more. No interest is paid if the total daily balance is less than USD 5,000. To find out the tiered interest rate, which is applicable based on the different tiers of account balances, see current rates. Interest is paid monthly. Rates are subject to change without notice.
** The promotion of 2% is offered between June 11th and August 31st, 2018 on new deposit of $5000 or more to the High Savings Interest Account (“HISA”) from other financial institutions up to $999,999.991 to existing and new clients. The promotional rate is valid until august 31st 2018. The promotional rate of 2% is made up of the regular posted variable interest rate which is currently at 0,90% and the additional interest of 1,10%. The offer and rates are as of May 15th, 2018 and subject to change without notice. Any change to the regular posted variable interest rate will result in a corresponding change to the promotional interest. The offer is limited to one account per client and cannot be combined with any other promotional rate offers. For more information, consult our Terms & Conditions.
TERMS AND CONDITIONS
a) The National Bank of Canada (the "Bank") New Money Interest Rate Offer of 2.00% (the "Offer") is available to new and existing clients. It is available to all new deposits of $5000 or more from other financial institutions made from June 11th, 2018 to August 31st, 2018 (the "Promotion Period") to a maximum of $999,999.991 per account type as defined below. Eligible new money for the offer cannot come from any existing saving, investment or registered account from the National Bank of Canada. No interest will be paid on balances under $5,000.
b) The "Additional Interest" is 1.10% for eligible deposits is added to the Bank's applicable posted rate of interest listed on the Bank's website ("Posted Rate") to calculate the total amount of interest payable under this Offer. For example, Posted Rate of 0.90% on NBC’s HISA + Additional Interest of 1.10% = Offer rate of 2.00% (example uses interest rates current as of May 15th, 2018). Eligible deposits receive additional interest on deposits made during the Promotion Period. Interest is paid through two separate interest payments, one based on the posted rate and a second based on the additional interest. Any change to the posted rate will result in a corresponding change to the Offer rate. Additional interest and/or Posted Rates may change at any time without prior notice. Subject to the limits and qualifications outlined in these Terms and Conditions, additional interest will be calculated daily and paid monthly on deposits made during the promotion period. After the 12-week promotion period ends, all balances will earn interest at the posted rate payable on the HISA. Any account closed prior the payment of the additional interest will not be entitled to any additional interest during the month in which the account is closed.
c) The Bank reserves the right to withdraw this offer or modify the Offer, the Offer Period or these Terms and Conditions, in whole or in part, at any time without notice and in its sole discretion.
d) In the event that these Terms and Conditions do not comply with any other representation, communication, publicity or statement of the Bank, the French version of these Terms and Conditions shall prevail.
e) By taking advantage of or attempting to benefit from the Offer, you acknowledge you have read and understood these Terms and Conditions and agree to submit to them.
1 New deposits made during the Offer Period and eligible for the promotional rate are capped at $999,999.99.
