Interest Rate
3.25%
Term
2 years
Minimum Deposit
CA$500
Promotion
N/A
Apply Now →on National Bank's website
Interest Rate:
3.25%
Term:
2 years
Promotion:
N/A
Minimum Deposit:
CA$500
National Bank provides a variety of GIC options, including redeemable certificates, which offer flexibility for investors who may need access to their funds before maturity.
Pros:
- Multiple term options
- Redeemable options available
Cons:
- Lower rates compared to competitors
- Higher minimum deposit
In conclusion, National Bank’s 2-year GIC at a competitive rate of 3.25% is ideal for conservative investors seeking a secure investment with the added benefit of flexibility through redeemable certificates. With a low minimum deposit of CA$500, it suits both new and seasoned investors looking to balance yield with potential liquidity needs.