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 31st of March 2024.

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 31st of March 2024.
This offer is intended for members 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.

Conditions

You must:

  • Be eligible for this Offer for Newcomers to Canada
  • Sign up for our online banking service and eStatement service on pvtistes.net.
  • Carry out a qualifying transaction. (Interest and banking fees charged to the account are not considered transactions).

After the account is opened, you have 120 days to meet all cashback offer requirements.

The cashback will be deposited into your National Bank chequing account within 150 days of the account being opened.

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.

173 Reviews

Please leave your feedback or ask questions

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

Hello, I am comparing offers between Desjardins and BNC.
I see that Desjardins recognizes years of driving experience in the country when purchasing auto insurance.
Is it the same for BNC?

Thanks in advance

Vanessa
26 2
This review was posted in French. Show original

Good morning,
The BNC also recognizes years of driving.
If you have additional questions, I remain at your disposal
Good day,
Vanessa

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

Good morning,

Being of French nationality, with the aim of working in Canada thanks to my working holiday permit, could you tell me what to check for opening an account with the BNC please?
I am a resident of Canada for tax purposes
OR
I am a resident of a country other than Canada and the United States for tax purposes

BanqueNationale1
24 0
This review was posted in French. Show original

Hello Laetitia! It is not possible to answer for you. However, if you are not yet in Canada, you most likely do not pay taxes in Canada! Which country do you pay tax to? This is the question that must be answered. Don’t hesitate if you have any further questions!

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

Hello, I am coming to Canada soon. I saw your new arrival offer and last year’s presentation video.
Concerning the 1st transfer to the Canadian bank account:
. does it necessarily have to come from our French bank?
. can it come from a platform like WISE?
. can it come from a Canadian bank account?

Thanks in advance,
Rachael

BanqueNationale1
24 0
This review was posted in French. Show original

Hello Rachel! The first transfer must be made from one bank to another bank. It therefore cannot come from a platform like Wise. The originating bank account can be Canadian, yes! However, you can only complete one before your first appointment at a branch in Canada. Don’t hesitate if you have any further questions!

Claire
2 4
This review was posted in French. Show original

Good morning,
Is it possible to benefit from the offer for a joint account? And is this alone sufficient to domicile the salaries of both people in the couple?
Thanks in advance

Vanessa
26 2
This review was posted in French. Show original

Good morning,
You can first open a personal account and then during your appointment at the branch, you will ask for the account to be attached.
The joint account in Canada has the same characteristics as in France.
Good day,

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

Good morning,
Is it possible to open a “joint” account with the newcomer offer?
Sarah

Vanessa
26 2
This review was posted in French. Show original

Hello Sarah,

I am following up on your message.

You cannot open a joint account online before your departure.

I advise you to open a personal account first and when you go to Canada to open a joint account/

If you need more information, you can contact me by private message.

Good day,

Vanessa

BanqueNationale1
24 0
This review was posted in French. Show original

Hello Sarah! It is not possible to do this. However, we have other packages available for joint accounts. You can consult them on our website or discuss them during your first appointment in branch. Opening a joint account is also done here. THANKS!

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

Good morning

I would like to open an account but I don’t want a credit card and a debit card is enough for me

to benefit from the $100 offer that an eligible transaction signifies. What do you mean by transaction?
Thanks for your help

BanqueNationale1
24 0
This review was posted in French. Show original

Hello Alexandre!
By this we mean any debit transaction made to the account (such as a bill payment or a pre-authorized debit). Please feel free to message us if you have any further questions, are we here for you?

El
2 6
This review was posted in French. Show original

I learned about the Canadian banking system from my friends who live in Montreal and by reading information.
I understood the principle of living on credit and repaying in order to have a credit history.
I saw that with the National Bank, we had no bank fees the 1st year and that the following years there are (7.98/m the 2nd year, 11.96/month the 3rd year and 15.96/month at from the 4th year).
But I saw on the site that the Synchro card costs 35/year or 2.92/month in bank charges. So is it more advantageous to take that rather than the pvtiste offer?
Can you explain to me what the purchase interest rate and the balance and funds transfer rate correspond to, please?
Thank you very much ^^

Vanessa
26 2
This review was posted in French. Show original

Good morning,
Indeed, with our offer for new arrivals you have free bank charges for a period of 3 years under a few conditions that are quite simple to meet, namely:
1- Open a bank account in one of our branches
2- Join the offer for new arrivals
Before the end of the first year following your membership of the offer for new arrivals:
3- Sign up for an eligible National Bank Mastercard® personal credit card2 and activate it
4- Join the electronic bank statement
During the second and third year following your membership of the offer for newcomers
5- Register your salary deposit in the bank account you hold in one of our branches, and have your salary deposited there at least once a month; Or
6- Pay electronically at least two bills per month from this bank account.

I invite you to refer to our website if you would like more information on this subject.

As for the credit card, interest applies if you do not repay the amounts used on time (this will be specified on your MasterCard statement). The cards eligible for the offer are as follows: mycredit, MC1, Allure, Syncro, Platinum, Echo discount, World and World Elite. (ref website bnc.ca).
You will have NO fees on all of these cards.

I invite you to contact me by PM if you have any further questions.

Good day,

Vanessa
26 2
This review was posted in French. Show original

I would add that the offer on PVTiste is the same as on our website except that by subscribing to our offer via pvtistes you will have a “gift” of 100 CAD offered to your bank account, if you complete the following conditions: Join our Internet banking solutions and our online account statement service by accessing via the link on pvtistes.net.
Carry out an eligible transaction (account interest and banking plan fees charged to the account are not considered transactions).
You have 120 days following account opening to meet all the conditions of the offer in order to obtain the cash back.

The remittance will be made into your National Bank of Canada checking account no later than 150 days following the opening of the checking account.

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

Good morning,
I am taking the liberty of writing to you because I plan to come to Canada next week and I was planning to open an online bank account before my arrival.
I don’t know if the deadline is short (open an account 1 week before) and whether the procedures take longer once you arrive in Canada?
Also, as a pvtist, when registering in “CRS-FATCA Regulatory Information”, we are considered ”
I am a resident of Canada for tax purposes” or ”
I am a resident of a country other than Canada and the United States for tax purposes”?
Thank you in advance for your help : )

Vanessa
26 2
This review was posted in French. Show original

Hello Miriam,

The delay is acceptable, you can pre-open your account now.
For FATCA, you must indicate that “I am a resident of a country other than Canada and the United States for tax purposes”
I hope I have answered your question and do not hesitate to contact me via PM if you have any further questions.
Good day,

Vanessa