Cash Advantage Solution

1. Also offered under the following subsidiaries: Natcan Trust Company, and National Bank Trust.

2. Interest is calculated on the total daily balance at the end of each day, using the interest rate of the corresponding tier. Interest is compounded and paid monthly on the last day of the month. If the last day of the month is not a business day, interest will be paid on the following business day. The interest rate is annual and varies according to one of the 5 tiers in which your Cash Advantage Solution daily balance falls. The minimum investment required is CAD 1.

Here are the 5 tiers :

3. National Bank is a member of the Canada Deposit Insurance Corporation (CDIC). If the Cash Advantage Solution is issued by Natcan Trust Company or by National Bank of Canada: Your Cash Advantage Solution may qualify as a deposit that is insurable by the Canada Deposit Insurance Corporation (CDIC), subject to the CDIC’s maximum coverage limits.

Conditions apply to determine the maximum coverage. You can read the CDIC’s “Protecting Your Deposits” brochure online at www.cdic.ca or call 1-800-461-7232 to find out more about the maximum coverage.

Any amount over the maximum coverage limit will not be covered.

If the Cash Advantage Solution is issued in the province of Québec by National Bank Trust: This is a deposit of money within the meaning of the Deposit Institutions and Deposit Protection Act. Your Cash Advantage Solution may qualify as a deposit that is insurable by the Autorité des marchés financiers (AMF), subject to the AMF’s maximum coverage limits. 

Conditions apply to determine the maximum coverage. You can read the “Your deposits are protected. That’s a guarantee!” brochure online at www.lautorite.qc.ca or call 418-525-0337 or 1-877-525-0337 (toll-free) to find out more about the maximum coverage.

Any amount over the maximum coverage limit will not be covered.