Promotion period: 

From April 1, 2022, to June 30, 2022.  

Account eligible for the promotion: 

First High Interest Savings Account at National Bank held by Personal Banking clients. The new account must be opened during the promotional period. Only one account is eligible. 

Promotional rate offered:

Deposits made in your new account from April 19, 2022 until June 30, 2022 (new bonus)

You benefit from an annual interest rate of 2.00%, up to a maximum of $999,999.00. As of April 19, 2022, the regular annual interest rate in effect is 0.30%, which represents a bonus of 1.70%.

Deposits made to your new account between April 1, 2022 and April 18, 2022

You benefit from an annual interest rate of 1.50% up to a maximum of $999,999.00. The regular interest rate was 0.20%, which represents a bonus of 1.30%.

Interest is calculated at the end of each day on the account's total daily balance. It will be paid monthly. 

After the promotion, the interest rate on the account balance will be the regular annual rate in effect without the bonus rate. 

Deposits eligible for the promotion:

Deposits to your new account up to a maximum of $999,999.00 are eligible for the promotional rate. Interest on deposits exceeding $999,999.00 will be calculated at the regular rate. 

Deposits from an amount held in another financial institution are eligible, including deposits from an amount held less than 30 days in a National Bank checking account then transferred in the new account. 

Deposits that originate from an existing National Bank savings, investment, or registered account are not eligible. 

Other conditions:

The promotional offer cannot be combined with another offer, promotion or benefit. 

The promotion may be modified or withdrawn without notice.

*Service charges

• Interac^® e-Transfers: $1.25
• Bill payments at the counter:³ $2 
• eStatements: Free
• Paper statements: $2.50
• Free online fund transfers between your National Bank accounts²
• ABM withdrawals: One free withdrawal per month
• All other debit transactions:⁴ $5

For more information on fees for National Bank's products and services, consult the Fees – Your Guide to Personal Banking Solutions pamphlet.

1. Interest is calculated at the end of each day on the total daily balance. It will be paid annually. The annual rate is variable and subject to change without notice. See current rates

2. Free funds transfers can be carried out via National Bank online, the National Bank app or our Telephone Banking Solutions.

Certain features are not available on the National Bank app.

Certain browser versions are required to access National Bank online.

For more information on our online banking services, consult our ABCs of Security section.

3. Teller-assisted transactions are carried out at National Bank branches during regular business hours. They include bill payments, deposits, withdrawals, funds transfers, foreign exchange transactions, issuing drafts and safety deposit box operations.

4. Debit transactions are carried out using your debit card at National Bank ABMs or ABMs in an affiliated network. These transactions include withdrawals, deposits, balance inquiries (account, line of credit or credit card), 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.

® Interac is a registered trade-mark of Interac Corp. Used under licence.

® CIRRUS is a registered trademark of Mastercard International Inc. Authorized user: National Bank of Canada

®THE EXCHANGE is a registered trademark of Fiserv Inc.

® NATIONAL BANK and the NATIONAL BANK logo are registered trademarks of National Bank of Canada.

Deposits in a High Interest Savings Account are covered by the Canada Deposit Insurance Corporation (CDIC). Find out more about the coverage offered by CDIC.