Effective: February 28, 2012
| PRIME RATE | 3.00% | ||||||
| MORTGAGES |
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| Competitive mortgage rates are available to MD clients through our relationship with National Bank of Canada. These rates are not posted online because each individual's rate will depend on his/her unique financial situation as well as the type of tailored mortgage solution selected. | |||||||
| RRSP LOANS | |||||||
| FIXED RATE: | |||||||
| 3-12 months | 13-24 months | 25-36 months | 37-48 months | 49-60 months | |||
| 4.00% | 4.50% | 4.50% | 5.25% | 5.50% | |||
| VARIABLE RATE: | |||||||
| 3-12 months | 13-24 months | 25-36 months | 37-60 months | ||||
| 3.00% prime + 0% |
3.50% prime + 0.50% |
4.75% prime + 1.75% |
5.25% prime + 2.25% |
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| SAVINGS ACCOUNT | |||||||
| FROM | TO | RATE | |||||
| $0.00 | $4,999.99 | 1.25% | |||||
| $5,000.00 | + | 1.25% | |||||
| Interest is calculated on a daily basis based on the highest tier applicable for the entire account balance | |||||||
| CHEQUING ACCOUNTS | |||||||
| Student & Young Professional Privilege Account | |||||||
| FROM | TO | RATE | |||||
| $0.00 | $999.99 | 0.00% | |||||
| $1,000.00 | $1,999.99 | 0.02% | |||||
| $2,000.00 | $4,999.99 | 0.02% | |||||
| $5,000.00 | $9,999.99 | 0.02% | |||||
| $10,000.00 | + | 0.02% | |||||
| Interest is calculated on a daily basis based on the highest tier applicable for the entire account balance | |||||||
| Financier Program Account | 0.10% | ||||||
| Direct Access Account | 0.00% | ||||||
| All-In-One | |||||||
| FROM | TO | RATE | |||||
| $0 | $4 999 | 0.00% | |||||
| $5 000 | $24 999 | 1.25% | |||||
| $25 000 | $59 999 | 1.25% | |||||
| $60 000 | $99 999 | 1.25% | |||||
| $100 000 | + | 1.25% | |||||