You can invest in a Cash Advantage Solution through an eligible account, such as a non-registered account, TFSA, RRSP or FHSA.
For step-by-step instructions on how to invest online, check out our interactive demo.
PROMOTION
Cash Advantage Solution
Take advantage of a 3% rate until February 28, 2027 on your new deposits, regardless of your tier1
On this page
At a glance | Why this product | Eligible accounts | Other investment products | FAQs
What is the Cash Advantage Solution?
Increasing rates depending on the total amount of the deposit
CURRENT PROMO
Take advantage of a 3% rate until February 28, 2027 on your new deposits, regardless of your tier.1
$1 and over
0.55% 3.00%
$10,000 and over
0.65% 3.00%
$50,000 and over
0.85% 3.00%
$100,000 and over
1.75% 3.00%
$500,000 and over
2.25% 3.00%
Product features
Minimum investment: $1
Ideal for: Investments between 0 to 18 months
Risk level:
Low
Peace of mind: Your deposits are insured by CDIC 3
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.
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.
Which account should I invest this product in?
The Cash Advantage Solution is an investment product that must be held in a registered or non-registered account to grow your funds.
Open an eligible account
RRSP
Tax-free savings towards your retirement, first home, or continuing your education.
TFSA
Earn tax-sheltered interest for your medium- and long-term projects.
FHSA
Tax-free savings to help you buy your first home.
Non-registered account
Continue to save even if you’ve reached the contribution limit in your registered accounts.
Already have an eligible account? Connect to your online bank now to invest.
Our other investment products
Discover how our solutions can meet your financial goals and grow your savings.
Guaranteed Investment Certificate (GIC)
Ideal if you’re looking for a secure investment that offers a pre-determined return.
Portfolio Solutions
Ideal for investing in a full, diverse ronge of mutual funds.
High Interest Savings Account
Ideal for putting money aside while also being able to immediately access your funds in case of unexpected events.
Frequently asked questions
The interest rate increases based on the total amount in your account. When your balance reaches the next tier, your entire balance will benefit from the rate for that tier.
For example, if you have $132,000, your balance sits in the $100,000 or more tier. The rate for that tier applies to the entire deposit, not just to the portion over $100,000.
Yes. The Cash Advantage Solution lets you access your funds whenever you need them. The availability of your funds remains subject to the rules of the account in which your Cash Advantage Solution is held (TFSA, RRSP or FHSA). Unlike certain investments with a maturity, no minimum term is required, allowing you to make deposits or withdrawals based on your needs.
Interest is calculated daily based on your balance and paid monthly. You’ll receive a single interest payment based on the rate for your applicable tier. If there is an active promotion, a second payment may appear on your statement for interest earned on eligible new funds during the promotional period.
The Cash Advantage Solution is well suited to investors who want to grow their savings while maintaining flexibility. It can be used for an emergency fund, a short-term project or as a temporary place for your money before making a longer-term investment.
Compared to a GIC, you can access your funds without waiting for the investment to mature. And then compared to a High Interest Savings Account, the interest rate increases as your balance reaches higher tiers.
Responsible investment
Discover our NBI Sustainable Portfolios and invest in a diversified turnkey solution that aligns with your values and financial goals.
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.
1-888-270-3941
Monday to Thursday,8 a.m. to 6 p.m.
(ET)
Friday, 8 a.m. to 5 p.m. (ET)
Little details that matter
Duration of the promotion
From October 19, 2026, to February 28, 2027.
Promotion conditions
You will receive an interest rate of 3.00% ("promotional rate") on new eligible deposits in a National Bank Cash Advantage Solution account for the duration of the promotion.
Amounts from other National Bank accounts and amounts from a source outside National Bank are eligible. Accounts opened before or during the promotion are eligible. The regular interest rate tiers will apply to amounts already in the account before the promotion begins. After the duration of the promotion, the regular interest rate tiers will apply to all amounts in the account.
Other details
- The interest rate is annual. Interest is calculated at the end of each day on the account's daily balance. They are paid monthly on the last day of the month. If the last day of the month is non-business, interest is paid on the first following business day.
- The minimum deposit required is CAD $1.
- The promotion cannot be combined with any other benefit, offer or promotion.
- National Bank may modify or withdraw the promotion at any time without notice.
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.
Any amount over the maximum coverage limit will not be covered.
