Cash Advantage Solution

What is the Cash Advantage Solution?

The Cash Advantage Solution is an investment product exclusive to National Bank. ¹ With its increasing interest rate tiers on the total amount of the deposit,² your money works for you while remaining accessible.

Increasing rates depending on the total amount of the deposit

Image of a graph representing the rate of the 1st tier.

0.35%

$1 and over

Image of a graph representing the rate of the 2nd tier.

0.75%

$10,000 and over

Image of a graph representing the rate of the 3rd tier.

1.25%

$50,000 and over

Image of a graph representing the rate of the 4th tier.

2.25%

$100,000 and over

Image of a graph representing the rate of the 5th tier.

2.75%

$500,000 and over

Product features

Minimum investment: $1

Ideal for: Investments between 0 to 18 months

Risk level:
Low

Peace of mind: Your deposits are insured by CDIC³

Why should I choose the Cash Advantage Solution?

Since your funds are accessible and your deposit is protected, here’s how you could enjoy the Cash Advantage Solution:

Protect yourself against the unexpected with an emergency fund.

Make your short-term projects a reality: car, vacation, education.

Picto of stacks of coins with an encircled dollar sign

Save your funds to take advantage of long-term investment opportunities.

Save for a down payment on a home or build a tax reserve.

Not sure if this product is right for you? Contact us to discuss your savings goals.

Make an appointment

In which type of account should I invest this product?

The Cash Advantage Solution is an investment product that must be held in a registered or non-registered account to grow your funds.

Eligible accounts

RRSP

Tax-free savings towards your retirement, first home, or continuing your education.

Choose the RRSP

TFSA

Earn tax-sheltered interest for your medium- and long-term projects.

Choose the TFSA

FHSA

Tax-free savings to help you buy your first home.

Open an FHSA

Non-registered account

Continue to save even if you’ve reached the contribution limit in your registered accounts.

Open a non-registered account

Not a client yet? Make an appointment to open an account.

You might be interested in these other cash solutions

If you haven’t yet, take the time to create your investor profile to see if the Cash Advantage Solution is right for you. You could also explore the following options.

Guaranteed Investment Certificates (GICs)

Ideal if you’re looking for a secure investment that offers a pre-determined return.

Discover our GICs

NBI Money Market Funds

Ideal for short-term investments by using low-risk funds that are easily transferable.

Discover these funds

High Interest Savings Account

Ideal for putting money aside while also being able to immediately access your funds in case of unexpected events.

Discover this account

We’re here for you

Want to start saving?

Choose the cash solution that best fits your needs online or when you speak with an advisor.

Make an appointment

1-888-270-3941

Monday to Thursday,8 a.m. to 6 p.m. (ET)
Friday, 8 a.m. to 5 p.m. (ET)

Find an answer

The NBI Altamira CashPerformer Account will no longer be available as of June 3. For those who have this product, here’s how you will be impacted.

Little details that matter

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 :

Total deposit
$1 - $9,999.99
$10,000 - $49,999.99
$50,000 – $99,999.99
$100,000 – $499,999.99
$500,000 and over

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.