Carte Capitale and La Capitale Stow & Grow account merge

Quebec City, November 14, 2016 – La Capitale Insurance and Financial Services is happy to announce the merging of Carte Capitale with the Stow & Grow account. This merger allows La Capitale clients to take advantage of the optimal solution for setting money aside periodically to pay for various expenses and make their dream projects come true.

For over 30 years, the Carte Capitale allowed thousands of La Capitale clients to budget for their automobile expenses, vacations and certain municipal services. A changing economic and technological market now allows La Capitale to offer its clients more innovative and beneficial products.

La Capitale therefore made the decision to merge the Carte Capitale product with the La Capitale Stow & Grow account. Carte Capitale cardholders were contacted and informed of the decision, the procedure to follow and the benefits offered by the La Capitale Stow & Grow account :

  • A much higher interest rate than a standard savings account (current rate is 2.30 % [1])
  • No service fees
  • No minimum balance
  • Simple, unlimited transactions at all times using an effective and secure online platform
  • Periodic deposit with preauthorized payments or payroll deductions or from the CARRA retirement pension
  • Up to 50 budget allocations available
  • A 100 % Canadian product

Carte Capitale cardholders who benefit from the 2 % rebate on premiums for their Home, Auto or Legal Access insurance with La Capitale will continue to receive payment of this rebate annually.

La Capitale thanks its clients for the loyalty and trust they placed in the Carte Capitale product over the years. La Capitale is confident that the Stow & Grow account will not only meet their needs and expectations, but will offer them even more.

If you have any questions concerning the merging of Carte Capitale, please call 418 780-9485 or toll free at 1 855 896-9485 Monday to Friday, between 8:30 a.m. and 5:00 p.m., to speak to a La Capitale customer service representative.

About La Capitale

La Capitale Financial Group, created in 1940, has a strong presence across Quebec and throughout Canada. With over 2,690 employees and guided by the values of mutualism on which it was founded, La Capitale works with clients to build, protect and value what they feel counts for their financial security. It offers insurance products and financial services to the general public as well as to Quebec public service employees. With assets of $5.8 billion, La Capitale occupies a choice position among leading insurers in Canada.

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[1] Certain conditions apply. For all the details, go to https://www.lacapitale.com/stow-and-grow-account.