National Bank High Interest Savings Account
National Bank of Canada
0.55%
Earn a $100 cashback welcome bonus for opening a new High Interest Savings Account as part of a broader bundle.
CA$0
CA$0
Free unlimited funds transfers between National Bank accounts
The standout feature of the National Bank High Interest Savings Account is its cashback welcome bonus of $100, which adds immediate value for new customers. While the interest rate is lower at 0.55%, the absence of monthly fees and the ability to make unlimited transfers make it a solid choice for those looking for straightforward savings.
Pros:
- No monthly fees
- Cashback welcome bonus
Cons:
- Lower interest rate compared to promotional accounts
Overall, the National Bank High Interest Savings Account is well-suited for individuals seeking a fee-free option with easy access to their funds and an attractive welcome bonus. While the interest rate may not be the highest on the market, its simplicity and cashback incentive make it an appealing choice for new savers.