Evoluterm GIC
Non-redeemable Escalarater GIC
Redeemable Escalarater GIC
Non-redeemable irregular term GIC (New term!)
Monthly cash management GIC
Flexiterm GIC

Evoluterm GIC

With this investment solution, the principal is divided into three or five equal portions, each with a different maturity date (either one, two and three-year terms or one, two, three, four and five-year terms), which can be automatically re-invested for a three or five-year term.

This type of GIC offers a great deal of flexibility by providing access to part of your capital each year.

This GIC is also ideal if you’re looking for a simple, hassle-free way to stagger your investment maturities. Because different parts are renewed at different times, you can take advantage of potential interest rate increases when market rates fluctuate.

N.B. The interest rates posted are paid at maturity.

• Authorization to renew at maturity: At maturity, unless otherwise notified by the depositor, the GICs and any renewals thereof will be renewed for the same amount (including accrued and unpaid interest) and for a term of 3 or 5 years, depending on the original term selected, at the interest rate in effect at that time. The depositor has 10 business days following the date of issuance of the renewed deposit type instrument to cancel it.
• National Bank is a member of the Canada Deposit Insurance Corporation (CDIC).
• To know the charges related to a RRSP, please consult our brochure to this purpose, being: Fees - Your Guide to Personal Banking Solutions, section "Registred Plans".
• To know our process of notification of charge increases or the introduction of new fees, please consult our brochure to this purpose, being: General Information and Agreement, section "Notice of Changes to Fees Listed in Your Guide to Personal Banking Solutions".
• To know our process in dealing with complaints relating to the processing of charges for a RRSP product, click here.
• To be able to contribute, you need a National Bank account. To open an account, please visit one of our branches.

Top of page

Non-Redeemable Escalarater GIC

The Escalarater GIC is an excellent investment solution if you want a competitive rate with a guaranteed annual increase. Your interest rate increases every year on the anniversary of the issue date of your GIC.

N.B. The interest rates posted are paid at maturity.

• The interest rate increases each year.
• Stable, predictable income.
• Authorization to renew at maturity: At maturity, unless otherwise notified by the depositor, the GIC will be invested for a term of one year, not redeemable before maturity, at the interest rate in effect at that time. The depositor has 10 business days following the date of issuance of the renewed deposit type instrument to cancel it.
• National Bank is a member of the Canada Deposit Insurance Corporation (CDIC).
• To know the charges related to a RRSP, please consult our brochure to this purpose, being: Fees - Your Guide to Personal Banking Solutions, section "Registred Plans".
• To know our process of notification of charge increases or the introduction of new fees, please consult our brochure to this purpose, being: General Information and Agreement, section "Notice of Changes to Fees Listed in Your Guide to Personal Banking Solutions".
• To know our process in dealing with complaints relating to the processing of charges for a RRSP product, click here.
• To be able to contribute, you need a National Bank account. To open an account, please visit one of our branches.

Top of page

Redeemable Escalarater GIC

Enjoy an annual interest rate that increases each anniversary of the issue date of your GIC. Furthermore, on each anniversary date before the maturity date, you can redeem your investment in totality if you need cash or if interest rates climb higher than the rates in effect.

N.B. The interest rates posted are paid at maturity.

• The interest rate increases each year.
• Stable, predictable income.
• Authorization to renew at maturity: At maturity, unless otherwise notified by the depositor, the GIC will be invested for a term of one year, not redeemable before maturity, at the interest rate in effect at that time. The depositor has 10 business days following the date of issuance of the renewed deposit type instrument to cancel it.
• National Bank is a member of theCanada Deposit Insurance Corporation (CDIC).
• To know the charges related to a RRSP, please consult our brochure to this purpose, being: Fees - Your Guide to Personal Banking Solutions, section "Registred Plans".
• To know our process of notification of charge increases or the introduction of new fees, please consult our brochure to this purpose, being: General Information and Agreement, section "Notice of Changes to Fees Listed in Your Guide to Personal Banking Solutions".
• To know our process in dealing with complaints relating to the processing of charges for a RRSP product, click here.
• To be able to contribute, you need a National Bank account. To open an account, please visit one of branches.

Top of page

Non-redeemable irregular term GIC

These GICs have some of the most attractive promotional rates. Choose from a selection of set investment terms.

Type	Guaranteed-capital
Investment horizon	14 months to 58 months
Risk level
Minimum investment	$1,000
Interest payment	Compounded annually on the anniversary date and payable at maturity.
Transferability	Can be transferred from a RRSP to a RRIF
Access to funds	Not redeemable before maturity
Return (%)	Term	Rate	Interest
	14 months % 19 months % 37 months % 51 months % 58 months % or invest outside your RRSP

N.B. The interest rates posted are paid at maturity.

• The interest rate is fixed for the entire term.
• Authorization to renew at maturity: At maturity, unless otherwise notified by the depositor, the GIC and any renewal thereof will be renewed for the same amount (including accrued and unpaid interest) and for a term equivalent to the initial term, at the interest rate in effect at that time. The depositor has 10 business days following the date of issuance of the renewed deposit type instrument to cancel it.
• National Bank is a member of theCanada Deposit Insurance Corporation (CDIC).
• To know the charges related to a RRSP, please consult our brochure to this purpose, being: Fees - Your Guide to Personal Banking Solutions, section "Registred Plans".
• To know our process of notification of charge increases or the introduction of new fees, please consult our brochure to this purpose, being: General Information and Agreement, section "Notice of Changes to Fees Listed in Your Guide to Personal Banking Solutions".
• To know our process in dealing with complaints relating to the processing of charges for a RRSP product, click here.
• To be able to contribute, you need a National Bank account. To open an account, please visit one of branches.

Top of page

Monthly cash management GIC

This GIC allows you to redeem your investment in full at the end of each 30-day period. If you do not redeem it after 30 days, the GIC will automatically be renewed at the new rate in effect, allowing you to take advantage of rate increases that may arise during the investment term. This product is perfect for companies or investors that want to earn interest on a temporary cash surplus.

Type	Guaranteed-capital
Investment horizon	30 days (automatically renewed)
Risk level
Minimum investment	$5,000
Interest payment	Payable at maturity or capitalized at maturity.
Transferability	Cannot be transferred to a RRIF
Access to funds	Not redeemable before maturity
Return (%)	Amount invested	Rate
	$5,000 to $99,999	%
	$100,000 to $499,999	%
	$500,000 to $999,999	%
	999,999$ and more	Please contact us

N.B. The interest rates posted are paid at maturity.

• Authorization to renew at maturity: At maturity, unless otherwise notified by the depositor, the GIC and any renewal thereof will be renewed for the same amount (including accrued and unpaid interest) and for an equivalent term (30 days), at the interest rate in effect at that time. The depositor has 10 business days following the date of issuance of the renewed deposit type instrument to cancel it.
• National Bank is a member of the Canada Deposit Insurance Corporation (CDIC).
• To know the charges related to a RRSP, please consult our brochure to this purpose, being: Fees - Your Guide to Personal Banking Solutions, section "Registred Plans".
• To know our process of notification of charge increases or the introduction of new fees, please consult our brochure to this purpose, being: General Information and Agreement, section "Notice of Changes to Fees Listed in Your Guide to Personal Banking Solutions".
• To know our process in dealing with complaints relating to the processing of charges for a RRSP product, click here.
• To be able to contribute, you need a National Bank account. To open an account, please visit one of our branches.

Top of page

Flexiterm GIC

This GIC allows you to transfer your invested capital in full to another National Bank investment vehicle with no penalty within 90 days of purchase. After 90 days, if the initial capital remains invested, the GIC will collect interest for 18 months, providing you with a three-month window to continue seeking attractive investment opportunities while enjoying a much better interest rate than the one offered by short-term investments.

Type	Guaranteed-capital
Investment horizon	18 months
Risk level
Minimum investment	$500
Interest payment	Compounded annually on the anniversary date and payable at maturity.
Transferability	Cannot be transferred to a RRIF
Access to funds	Not redeemable before maturity. Transferable before 90 days, without penalty, to a product from National Bank and its subsidiaries with a term equal to or longer than the term remaining.
Return (%)	Rate
	%

N.B. The interest rates posted are paid at maturity.

• Authorization to renew at maturity: At maturity, unless otherwise notified by the depositor, the GIC and any renewal thereof will be renewed for the same amount (including accrued and unpaid interest) and for an equivalent term, at the interest rate in effect at that time. The depositor has 10 business days following the date of issuance of the renewed deposit type instrument to cancel it.
• National Bank is a member of the Canada Deposit Insurance Corporation (CDIC).
• To know the charges related to a RRSP, please consult our brochure to this purpose, being: Fees - Your Guide to Personal Banking Solutions, section "Registred Plans".
• To know our process of notification of charge increases or the introduction of new fees, please consult our brochure to this purpose, being: General Information and Agreement, section "Notice of Changes to Fees Listed in Your Guide to Personal Banking Solutions".
• To know our process in dealing with complaints relating to the processing of charges for a RRSP product, click here.
• To be able to contribute, you need a National Bank account. To open an account, please visit one of our branches.

Top of page