Who is this for?
Solutions BankingTM All-in-One is a financing solution for Canadian homeowners looking to create a central location for all of their banking and financing needs. As the name suggests, All-in-One is many things: it’s a savings account, a chequing account, a mortgage financing solution and a line of credit.
Because it has so many different components, All-in-One could be useful for everyone from first-time home buyers to retirees purchasing a lakefront cottage.
How will this help me?
The central goal of All-in-One is to make it easier for Canadian homeowners – no matter their age or financial situation – to understand their finances, including assets, debts and obligations. All-in-One is designed to help homeowners better manage their daily banking requirements.
Overall, All-in-One has the potential to help you pay off loans quicker, pay less interest, simplify your banking activity and help you borrow money by using the equity in your home.
What else do I need to know?
Reduce the interest you pay
By merging a revolving line of credit, term loans, savings account and other types of accounts, All-in-One can help you reduce the interest you pay because every dollar you deposit is used to lower your outstanding loan balance.
Put your home equity to work for you
By giving you access to the equity in your home, All-in-One gives you the ability to borrow more money – helping you manage financial emergencies and make the most of financial prospects.
Streamline your banking
By combining a revolving line of credit with a savings account and term loan options, the Solutions Banking All-in-One can help you consolidate all of your banking tasks.
Some fees may apply. For full fee disclosure, refer to the Solutions Banking Product and Service Guide to Fees Opens in a new window.
The All-in-One is not available in the Yukon, Nunavut or Northwest Territories.
Solutions BankingTM is a trademark of Power Financial Corporation. Freedom 55 Financial and design are trademarks of London Life Insurance Company. National Bank of Canada is a licensed user of these trademarks. Solutions Banking products and services are provided by National Bank of Canada.
Connect with an advisor
Working with a financial security advisor can provide you with the tools and expertise you need to plan for the future.