MONTREAL, April 3, 2013 /CNW Telbec/ - National Bank has added a new
High Interest Savings Account to its range of savings solutions. The
new account offers a promotional interest rate of 1.50% on accounts
with a balance of at least $5,000—a much higher annual rate than the
one offered on traditional savings accounts. The account allows holders
one free ABM withdrawal per month and unlimited free electronic
transfers. This product is eligible for Canada Deposit Insurance
Corporation (CDIC) coverage.
"National Bank is always striving to meet its clients' expectations by
offering accessible savings solutions tailored to their needs. We are
also encouraging Canadians to focus on savings," said Yann Jodoin,
Vice-President - Retail Products.
In addition to the High Interest Savings Account, the Bank also offers
the Altamira High-Interest CashPerformerTM savings account, a high-interest investment vehicle that has been very
successful. This product is available at National Bank branches and
from investment advisors at our securities brokerage subsidiaries.
Starting today, clients can open a High Interest Savings Account online,
in branches, or by calling TelNat. Don't hesitate to contact National
Bank for more information on this account.
About National Bank of Canada
With $184 billion in assets as at January 31, 2013, National Bank of
Canada (www.nbc.ca) together with its subsidiaries, forms one of Canada's leading
integrated financial groups, and has been named among the five
strongest banks in the world by Bloomberg Markets. The Bank has close
to 20,000 employees and is widely recognized as a top employer. Its
securities are listed on the Toronto Stock Exchange (TSX: NA). Follow
the Bank's activities via social media and learn more about its
extensive community involvement at clearfacts.ca and commitment.nationalbank.ca.
SOURCE: National Bank of Canada
For further information:
(The telephone number provided below is for the exclusive use of journalists and other media representatives.):
Senior Director - Public Affairs