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Originally Posted by JiriHrdina
Met with my broker today to talk about changing up my mortgage - and he recommended one of them "National Bank All in One" dealies.
Does anyone have this? What is the downside because I could see none, which means there must be.
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The National Bank All-in-One is a little different from the Manulife One as I understand. I'm not 100% sure, but I've been led to believe that the NB account is a series of accounts linked together, whereas the Manulife One account is everything mashed into one account (if that difference makes sense?). What this means operationally is significant as the Manulife One account doesn't have fees for each sub-account, and there is a certain ease and fluidity to doing business this way.
I speak highly of this particular product because for me it has made an incredible impact as opposed to a "standard" mortgage.