®National Bank All-in-One is a registered trademark of National Bank of Canada.
Important notices
Changes to your All-In-One line® of credit
As of July 7, 2024, certain updates to your All-In-One® line of credit will take effect. Here’s what’s going to change for you.
Reduced interest rates
Starting July 7, 2024, the interest rate for exceeding the credit limit on your All-In-One® line of credit will decrease (currently set at double the variable interest rate). The variable interest rate applicable to advances on your line of credit will now apply if the limit is exceeded.
| Until July 6, 2024: Interest rates if you exceed your credit limit |
As of July 7, 2024: Interest rates if you exceed your credit limit |
|---|---|
Double the variable interest rate applicable to your line of credit. Check your line of credit contract or monthly statements to see the rate that applies to your line of credit. |
Any advances made on your line of credit, even if it exceeds your credit limit, will accrue interest at the variable rate applicable to your line of credit. Check your line of credit contract or monthly statements to see the rate that applies to your line of credit. |
No more overdraft fees
An upcoming change will be the removal of overdraft fees for any transaction that leads to or increases overdraft on the credit limit, such as a cheque, pre-authorized debit, payment, debit card purchase, or an ABM withdrawal made without sufficient available funds (subject to applicable interest charges to the aforementioned overlimit fees).
| Fees until July 6, 2024 |
Fees as of July 7, 2024 |
|---|---|
5 $/ transaction |
No overdraft fees |
Good to know :
You must, on your own initiative, repay any amount that exceeds your credit limit as soon as the limit is exceeded. Also, using more than the authorized credit limit can affect your credit score. That’s why we recommend that you only spend within your credit limit.
Updates to the National Bank Private Banking 1859 banking offer
As part of the evolution of National Bank Private Banking 1859’s banking offer, we will be making certain changes to banking products, services, and associated fees and benefits.
The changes will come into effect throughout 2024 and will affect the following:
- The benefits and pricing of your banking package
- The annual fee for the Private Banking 1859 World Elite® Mastercard® credit card
- The Dialogue™ telemedicine service
- The Securizone 360™ assistance program
If you have any questions, please contact your Private Banking 1859 team.
Little details that matter
® PRIVATE BANKING 1859 is a registered trademark of National Bank of Canada.
® Mastercard et World Elite are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated. Authorized user: National Bank.
TM SECURIZONE 360 is a trademark of National Bank of Canada, used under licence by NBC Assistance Inc.
TM Dialogue is a trademark owned by Dialogue Technologies Inc. (“Dialogue”) and provided by Dialogue and may not be otherwise used without the prior consent of Dialogue.
Erratum concerning the end of promotion for the first year of offer for newcomers
February 2024. Our offer for newcomers includes attractive rates for three years from the date of the account being opened.
A notice was sent when the promotion applicable to the first year of our offer for newcomers ended. This notice should have mentioned that the following fees would apply as of the end of the first promotional year:
- Withdrawals, transfers, and bill payments made at one of our branches: $1.50/withdrawal.
To resolve the situation, clients who did not receive the full notice and who carried out the above-mentioned transactions between the end of the first promotional year and the receipt of this notice have been credited. The credited amount is equivalent to the fees that may have been applied during this period concerning these transactions. In the future, the above fees will apply.
As a reminder, the following fees also apply:
- Mailed bank statement: $2.50/month per statement
- Fixed monthly fee: $7.98 for the second year (50% discount)
There are no other changes to the rights and obligations associated with the offer for newcomers. All applicable conditions can be found in the contract. If you have any questions, don't hesitate to contact us. See the different ways to reach us.
An update to the assistance service for newcomers
As of February 29, 2024, the assistance service for newcomers included in the first year of the offer for newcomers will be updated to become a legal support service.
General information about any of the following areas or guidance to the right organizations:
- Immigration
- Legal matters
- Housing
- Daily life
- Personal finances
Legal information when speaking directly with a lawyer at no cost on the following areas:
- Immigration
- Housing
- Employment
- Education
- Health
- Everyday life
This service remains free of charge for the first year of the offer
for newcomers through the National Bank Assistance Network™.
You can always refuse these changes by switching your package or
closing your account at no cost, aside from those associated with the
use of your account, by visiting one of our branches.
Read this document to see the complete
details of the offer.
Contact the legal support service at the same phone number and
during the same hours of operation as the previous one:
- 514-285-5257 or 1-844-891-7096
- Every day from
9 a.m. to 8 p.m. (ET)
Contact your
National Bank advisor with any questions regarding your
personal finances.
Already have an account?
Check your balance, carry out transactions and more with your online bank.
