Flex Notice Account
A flexible investment prime for the taking
Flex Notice Account
A flexible, high-interest account for planners
With no monthly fee and interest tied to Prime, the Flex Notice Account is built to grow deposits over $25,000. And with premium interest tiers, every dollar earns you great returns.
Plus, the deposit-anytime feature will have you saving on your schedule, while two withdrawal notice options, 31 or 93 days, let you plan accordingly. Because getting the most out of your money starts with being prepared.
How does it work?
|31-day Flex Notice||Talk to your local banking centre for interest rate details4|
|93-day Flex Notice||Talk to your local banking centre for interest rate details4|
1Withdrawal notice must include the amount requested and a payment direction. Upon completion of the Notice Period, CWB will withdraw the funds requested within five (5) calendar days (the "Availability Period") and transmit them in accordance with the payment instructions provided in the Withdrawal Notice (the "Payment Direction").
2All funds requested by a withdrawal notice will automatically be withdrawn within 5 calendar days following the expiry of the notice period. Multiple transactions can be performed during this time. Full or partial withdrawals from the Flex Notice Account are permitted. Additional terms and conditions apply.
3A minimum balance of $25,000 is required to open a Flex Notice Account. If withdrawals bring the account balance below minimum, tiered interest rate structure would apply."
4The interest rate is tied to CWB CAD Prime Rate, and will fluctuate accordingly with that benchmark. Interest is calculated daily and paid monthly.
A perfect bridge product
"The Flex Notice Account is a perfect bridge product. It combines the accessibility of a savings account with the great returns available of a locked-in investment.
Clients know the opportunity cost of not having access to their money can be detrimental. But the Flex Notice Account can help them manage that risk while still earning a great return. I always recommend it to savvy clients looking to make the most of their deposits while navigating the uncertainty of todays economy."
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