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Important information

Changes to bank fees for personal Solutions Banking

We have made changes to our personal solutions banking.

  • As of April 15, 2019, changes to the Preferred Savings Account will take effect.
  • As of May 1, 2019, changes to banking fees will take effect.

The following changes will result in updates to our Product and Service Guide to Fees.

 

See the documents below for more details about these changes:


 

Lines of credit: Changes to pricing

1.  The following changes will take effect on August 1, 2019:
 

Teller-assisted transactions: Withdrawals, transfers, withdrawals for bill payment

Account

Until July 31, 2019

Effective August 1, 2019

 Superior Flex Line1

$1.50

$0

Request to close a line of credit within 90 days of opening

Account

Until July 31, 2019

Effective August 1, 2019

 
Personal Flex Line®

Integrated line of credit or any other authorized account overdraft2

$16

$0

Depositing foreign currencies to a personal line of credit

Account

Until July 31, 2019

Effective August 1, 2019 

Personal Flex Line®

Superior Flex Line1

 
US$ cash or cheque

- Processing of US$ items into US$: US $7.00

- Processing of US$ items into CDN$: US $7.00

Cheques in a currency other than US$

- $1,000 or less: $11.00

- Over 1,000: $13.00

Foreign currency deposits will not be available

 

2.  Effective September 23, 2019, the following changes will come into effect:
 

Overdraft fee

 

For: 

  • Cheques
  • Pre-authorized debits
  • Payment instructions
  • Debit card purchases
  • Withdrawals from an ABM with insufficient funds (in addition to interest charges)
     

Account

Until September 22, 2019

Effective September 23, 2019

 
Personal Flex Line®

Integrated line of credit or any other authorized account overdraft2

Crescendo with integrated line of credit1

Superior Flex Line1

$5/transaction

$0

Annual interest rate if the credit limit is exceeded

Line of credit

Until September 22, 2019 

Effective September 23, 2019

 
Personal Flex Line®

Integrated line of credit or any other authorized account overdraft2

Crescendo with integrated line of credit 1

Superior Flex Line1

21%

Interest rate on your line of credit

Little details that matter

Legal disclaimers


® Personal Flex Line is a trademark of National Bank of Canada.

1. This product is no longer available

2. The authorized overdraft has been replaced by the integrated line of credit for new applicants.

If you have any questions about these changes or your Solutions Banking account, contact the Solutions Banking Customer Service Center between 6 am and 12 am (ET) at 1-877-999-7575.

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