Offer for newcomers to Canada
Benefit from :
Special offer*
  • $100 cashback when you open a chequing account
  • Up to 3 years with no monthly fees
Open an account online

* The $100 cashback promotion is valid until the 4th of February 2025.

National Bank of Canada has the perfect offer to help you settle in.

National Bank of Canada is not a registered bank in France.
Why choose National Bank of Canada?

Easily open your account online from your country

400 branches

available across Canada

No flat monthly fees

for up to 3 years1

Mastercard® credit card3

with no credit history required4

No commitment: you can close your account at any time, with no penalties.

And that’s not all! We are also offering you a welcome gift.

You will also receive $100 cashback directly in your new account thanks to the partnership between pvtistes.net and National Bank of Canada.6

Three simple steps to benefit from the offer:

1

Check that you are eligible.1

2

Open your account online on this page.

3

Make a transaction, you'll receive $100 in your new National Bank of Canada account!

Ready to take advantage of the offer? Open an account on this page.

Open an account online

Example of a Journey to take advantage of the Offer for Newcomers to Canada*

* For information purposes only
2 months before arrival

Open your account online with National Bank of Canada.

1 month before arrival

Do you have any questions about life in Canada?

Just call the free telephone assistance service!

Upon arrival in Canada

National Bank of Canada welcomes you!

8 months after arrival

Are you thinking of applying for permanent residency and have questions?

Be sure you are ready with the free telephone assistance service.

2 years after arrival

Your advisor will continue to support you.

They will continue to give you sound banking advice and will take care of your loan and investment applications.

Take advantage of this offer and get much more than a bank account!

Because we understand your reality we are offering you a range of services that meet the needs of newcomers.

Perfect if you're looking to:

  • Open an account online from your country
  • Make a transfer before you leave
  • Access your funds as soon as you arrive
  • Save on banking fees
  • Build your credit history
  • Receive guidance before and after you arrive in Canada with our telephone assistance service and from one of our advisors
  • Buy a car or real estate in Canada5

Discover our online tools

At a glance
National Bank of Canada is one of the six systemically important banks in Canada. It is an integrated group that provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in Canada, while offering specialized services elsewhere in the world.
National Bank of Canada is:
  • 2.7 millions clients
  • 26,428 employees
  • 471 branches across Canada
  • 1643 automated banking machines

As at July 31, 2021. Source: Investor Fact Sheet, 3rd quarter

It is also an institution committed to having a positive impact on people’s lives.
Our ESG principles:
  • Environment: We are working to develop a green economy
  • Social: We enrich communities
  • Governance: We govern according to the highest standards

Consult the Social Responsibility Report

Conditions of the $100 cashback offer

This offer is valid until the 4th of February 2025.
This offer is intended for readers of pvtistes.net who don’t have an account with National Bank of Canada.

To qualify for this offer, you must open a chequing account on pvtistes.net and sign up for the Offer for Newcomers to Canada during the promotional period.

The offer may be modified, extended or withdrawn without prior notice at any time.

The offer may not be combined or used with any other National Bank offer, promotion or benefit and cannot be applied retroactively. There is a limit of one cashback per eligible product during this promotion. The offer can only be applied once for each type of product. Only the primary account holder is eligible for the offer. Current additional holders of a joint account who open a new account will not be eligible for this offer.

Cashback details

Chequing account offer

To qualify for the chequing account offer and get $100 cashback, you must open a new chequing account that is part of the Offer for Newcomers to Canada and meet the conditions of the offer.

When will the cashback be paid?

The cashback will be paid to the new chequing account no later than 210 days after the account is opened.

Eligibility conditions

  • Open a chequing account during the promotion using the redirection link on one of our partners' sites.
  • Sign up for The Connected® package or our exclusive offer for newcomers and keep this package or offer for at least 150 days after the chequing account is opened.
  • Be the main holder of the account.
  • Sign up for online banking and online bank and tax statements within 150 days of opening the chequing account.
  • Carry out 10 eligible transactions over 2 consecutive months after opening the new account.

Eligible transactions are:

  • Debit card purchases
  • Transfers or payments to a National Bank MasterCard using My online bank or the National Bank mobile app
  • Bill payments using My online bank or the National Bank mobile app.
  • Must not have had a National Bank chequing account in the past 24 months.

*** Clients must meet these conditions within 150 days of opening a new account. ***

Exclusions

  • Persons who have not reached the age of 14 at the time the account is opened
  • Employees of National Bank and its subsidiaries and entities
  • Clients who have benefitted from a cashback offer on their chequing account since April 1st, 2022

Other conditions

  • Clients can receive only one cashback for this chequing account.
  • Clients must be at least 14 years old when they open their account and sign up for The Connected® package, or at least 18 years old when they open their account and sign up for our exclusive offer for newcomers.
  • Clients need to keep the chequing account for at least 12 months starting when the account is opened. If they don't meet this condition, they'll have to reimburse a portion of the cashback corresponding to the period still remaining.
  • Clients must keep their chequing account in good standing for 150 days after the account is opened by complying with the conditions set out in the Deposit Account Agreement. For example, clients need to pay the monthly fees of the chequing account when applicable.
  • Clients must not be employed by National Bank or one of its subsidiaries. 
  • This promotion may be modified or withdrawn without prior notice.
  • This promotion can't be combined with any other promotion applicable to chequing accounts, an exclusive offer or The Connected package. 

Commitment

To receive the cashback, you must meet the conditions of the offer, maintain the eligible products and services, and not make any changes to these products and services for a minimum of 12 months from the time you sign up for them. If you do not meet this condition, you will have to refund National Bank of Canada an amount corresponding to the period in which you did not keep your eligible products and services, within 30 days of receiving the request for payment.

Eligibility criteria for the newcomers to Canada offer
  • Be a newcomer to Canada 18 years of age or older
  • Apply to open the account from your home country or within 5 years of your arrival in Canada.
  • Be the sole account holder
Details and conditions of the Offer for Newcomers to Canada

Your first transfer of funds to National Bank of Canada must be a bank-to-bank transfer. You cannot use a money transfer service. National Bank of Canada charges $15 to receive funds from abroad (your French or Belgian bank may also charge transfer fees).

Minimum savings of $334.92 over 3 years

You can save at least $334.92 over 3 years if you meet all the following conditions:

  • Visit a branch to open a bank account and
  • sign up for the Newcomers to Canada package

$334.92 savings over 3 years:

  • Year 1: No flat monthly fee (save $15.95/month for 12 months)
  • Year 2: A flat monthly fee of $7.98 instead of $15.95 (save $7.97/month for 12 months)
  • Year 3: A flat monthly fee of $11.96 instead of $15.95 (save $3.99/month for 12 months)

The monthly fee of $15.95 for your banking package will be charged as of the fourth year. To be eligible for this savings, you must maintain the account and package for at least 36 months. You will no longer qualify for the discount if you don’t keep these products.

Maximum savings of $671.30 over 3 years

You can save up to $671.30 over 3 years if you meet all the following conditions:

  • Visit a branch to open a bank account
  • Sign up for the Newcomers to Canada package
  • During the first year after you sign up for the Newcomers to Canada package
    • Apply for and activate a qualifying personal National Bank Mastercard® credit card3
    • Sign up for eStatements

During the second and third years after you sign up for the Newcomers to Canada package:

  • Set up direct deposit in your National Bank account and receive your salary in the account at least once a month or
  • Make at least two electronic bill payments monthly from this account.

The $671.30 savings over 3 years means the following fees will not be charged:

  • The flat monthly fee for the Newcomers to Canada package for 3 years ($15.95/month for 36 months)
  • The fee for your first order of cheques ($67.10/order)
  • Account statements by mail free of charge for the first year ($30)

The monthly fee of $15.95 for your banking package will be charged as of the fourth year.

Decrease of the savings

To benefit from the full savings amount, you must maintain all those products and services and carry out the qualifying transactions for at least 36 months, unless otherwise indicated. If you don’t meet the conditions of the offer, your savings will be lower. If you don’t make your first cheque order, your savings will be lower.

Furthermore, if during any given month, you maintain your account and package but you don’t maintain one of the other products and services or if you don’t carry out the required transactions (for example if you make one bill payment instead of two), the Bank will charge you the service fee for the month. The monthly fee will be $7.98/month the second year and $11.96/month the third year. You will still benefit from a discount of $7.97/month the second year and $3.99/month the third year.

Finally, if you no longer have the account or the package you will no longer be eligible for the savings.

Legal disclaimers

® National Bank of Canada and the National Bank of Canada logo are registered trademarks of National Bank of Canada.

™ National Bank Assistance Network is a trademark of National Bank of Canada used under licence by authorized third parties.

® Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Authorized user: National Bank of Canada.

  1. You can take advantage of the Offer for Newcomers if you immigrated to Canada within the past 5 years. For full offer terms and conditions, see the "Details and conditions of the offer" section. The Bank may modify, extend or withdraw the offer at any time without notice. The offer may not be combined or used with any other National Bank offer, promotion or benefit. Fees may apply for transactions not included in the Offer for Newcomers. For details of transaction fees, see the Fee Guide [PDF].
  2. The telephone assistance service offered by National Bank Assistance Network™ is available for 12 months from your account opening date. The content of the packages and terms described are subject to change.
  3. Financing subject to credit approval by National Bank. Certain conditions apply. Eligible credit cards: mycredit®, MC1, Allure, Syncro, Platinum, Echo Cashback, World and World Elite.
  4. A security deposit may be required under certain circumstances.
  5. Financing subject to credit approval by National Bank. Certain conditions apply.
  6. Certain conditions apply. Visit the Conditions of the $100 cashback offer for details.

194 Reviews

Please leave your feedback or ask questions

Damien
0 10
This review was posted in French. Show original

Hello,

I have a question regarding the 1st transfer. I understand that the use of Wise is not allowed. However, can I ask a friend to make me an interac transfer so that I can then make a wise?

In short, can this 1st transfer be an Interac transfer (from Canada to Canada)?

ROSALIE
0 8
This review was posted in French. Show original

Hello,

I am currently doing an internship in Canada (international coop internship permit), and I opened an account at the BNC a few months ago to receive transfers from my scholarship. My internship ends at the end of August, I plan to return to France at the beginning of September, but before I leave I would like to close my account at the BNC and get my scholarship money back: this is what I have questions about.
I would like to know what is the best way to transfer my money from my BNC account to my account in France? (Crédit Mutuel). I know that I can make an international transfer, but I am afraid of paying a lot of fees. Are there other solutions? (I should point out that I have already seen with the BNC for the account closure procedure, on this side it is OK). Thank you for your help, Have a nice day.

Vanessa
29 5
This review was posted in French. Show original

Hello Rosalie,
Indeed you must make an international transfer from Canada to France, on the BNC side the fees amount to $5.95 CAD + exchange rate of the day.
Check with Crédit Mutuel what fees they will take on the transaction.
Have a nice day,
Vanessa

Kévin
1 0
This review was posted in French. Show original

Still waiting for the transfer from BNC of 100 dollars.

It’s been more than 3 months since I opened my account and I have completed all the procedures.

BanqueNationale1
26 0
This review was posted in French. Show original

Hello Kevin! Can you write us a private message? We would like to look at this with you. You can also join us on Facebook Messenger. THANKS!

Tamarasim14
0 0
This review was posted in French. Show original

Good morning,
I’m in the process of finding out about the 3 year free + $100 offer. I saw that to have the minimum savings you have to keep the account open for 36 months. If this is ultimately not the case and I close the account before the end of the 36 months, what happens?
THANKS

BanqueNationale1
26 0
This review was posted in French. Show original

Good morning! The 36 month period represents the duration of the offer, but it is not a 3 year commitment. So you can close the account if you no longer need it! You can write to us on Facebook Messenger if you would like to discuss details with us. We will be happy to help you. See you soon!

LILIANE
0 3
This review was posted in French. Show original

Hello, for the offer I see that you must be the sole account holder. Is it really impossible to create a joint account?

Vanessa
29 5
This review was posted in French. Show original

Good morning,
You can open a joint account once there but you will not benefit from the 100 CAD advantages.
I invite you to contact me via PM for more details.
Good day,
Vanessa

Vincent
0 3
This review was posted in French. Show original

Good morning,
I am still considering the choice of our bank for our arrival in 2 months and I would like to have more information.
We are currently at Crédit Agricole in France. Can you indicate the details of your partnership and whether there are any differences with the PVTists offer? My CA bank advisor unfortunately did not have conclusive details and the contacts communicated to them are obsolete… I would also be a member of the OIIQ with which you also have a partnership.
Is it possible to combine these offers in any way?
Thank you in advance for your answers.
Vincent

Vanessa
29 5
This review was posted in French. Show original

Good morning,
The conditions are the same as for the partnership with Crédit Agricole.
I invite you to carefully read the conditions for obtaining the 100 CAD offer in order to receive the bonus and avoid missing any of the conditions.
The Crédit Agricole and PVTiste offers cannot be combined with each other.
If you have any questions, I remain at your disposal by PM.
Good day,
Vanessa

Vincent
0 3
This review was posted in French. Show original

Good morning,
I am still considering the choice of our bank for our arrival in 2 months and I would like to have more information.
We are currently at Crédit Agricole in France. Can you indicate the details of your partnership and whether there are any differences with the PVTists offer? My CA bank advisor unfortunately did not have conclusive details and the contacts communicated to them are obsolete… I would also be a member of the OIIQ with which you also have a partnership.
Is it possible to combine these offers in any way?
Thank you in advance for your answers.

BanqueNationale1
26 0
This review was posted in French. Show original

Hello Vincent! To get answers to all your questions, I invite you to write to us privately on the National Bank Facebook Messenger account. We will be happy to discuss the particularities of each offer to find the one that suits you best.

Donovan
0 5
This review was posted in French. Show original

Good morning,
I read that with the BNC it was possible to benefit from the $100 voucher offered upon opening a checking account. To open your account, do you have to go through this PVTistes link or have an appointment with someone from the BNC? (because I am accompanied by Accès Etudes Québec and it is possible to have an appointment to open your bank account before your arrival) Thank you 🙂

BanqueNationale1
26 0
This review was posted in French. Show original

Hello Donovan! Yes, you must open the account from the PVTistes link in order to benefit from the $100 promotion. Furthermore, in all cases, access to the account is only possible once the appointment to finalize the account opening has been made at the branch. So this doesn’t make the process longer?

AlexV7V7X
0 0
This review was posted in French. Show original

Good morning,
To open an account with BNC, I am asked to provide a Canadian home address. However, for the moment, I still haven’t found accommodation. So, I wanted to know if it is possible to temporarily put the address of the school where I will be enrolled for 18 months. Thank you.

BanqueNationale1
26 0
This review was posted in French. Show original

Hello Alex!

It really takes a residence address. However, you can start the process 3 months before your arrival or up to 5 years later! So no stress, no rush?