Offer for newcomers to Canada
Benefit from :
  • Up to 3 years with no monthly fees
  • $50 cashback when you open a chequing account
Open an account online

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 $50 cashback directly in your new account thanks to the partnership between pvtistes.net and National Bank of Canada.6

Four simple steps to benefit from the offer:

1

Check that you are eligible.1

2

Open your account online on this page.

3

Confirm the account is open with an advisor in a branch in Canada.

4

Receive $50 deposited to 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!

2 days after arrival

Meet with an advisor to activate your account, ask for information on the Canadian banking system and get help applying for your credit card.

It is a great opportunity to get answers to your questions and be prepared to start your life in Canada!

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 $50 cashback offer

This promotional offer is valid from November 1, 2019 to October 31, 2022.
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 $50 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 17 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 $700.02 over 3 years

You can save up to $700.02 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 $700.02 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 ($56.88/order)
  • The rental fee for a small safety deposit box for a year ($68.99/year)

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 or if you don’t rent a small safety deposit box, 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 $50 cashback offer for details.

78 Reviews

Please leave your feedback or ask questions

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

Hello,
I wonder what I have to fill in the main occupation part because I currently have a job in France and a job in Canada but I have not signed anything yet?

AurelieA222
0 0
This review was posted in French. Show original

Hello,
Does the partnership with Crédit Agricole guarantee the same advantages as that with Pvtistes? I am an employee of the CA and I don’t really know which affiliate link it is better to go through… I have the impression that it’s more or less the same thing, right? Thank you for your answer.

BanqueNationale1
12 0
This review was posted in French. Show original

Hello Aurelie! Yes, they are similar partnerships. If you have any other questions, feel free to send us a private message. Are we here for you?

Absynthe
3 2
This review was posted in French. Show original

Hello, I have a few questions. I joined this bank via the pvtiste link.
Do you have to have the sécurizone alert $11 per month? I don’t even remember joining this…
Do I also have credit card payment insurance? I don’t know if it’s mandatory. I really feel like I got screwed 🙁

BanqueNationale1
12 0
This review was posted in French. Show original

Good morning! These are optional insurances. As with any insurance, you are given a contract when you join. To cancel Securizone, you can call us at 1 888 535-0510, option 3, to cancel payment insurance, you can call 1 877 871-7500. We are also available privately if you have any other questions.

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

Hello,

Having made an appointment to open my account at the Toronto agency but wishing to do my PVT both in Calgary (initially) and then in Ontario, will I have services in each of the agencies in which I introduce myself (example request for a check or other)? Do we get the credit card on the first date?

Thank you

BanqueNationale1
12 0
This review was posted in French. Show original

Hello Florian!

Once the opening is complete, you can go to all branches in the country for your needs!

That said, the credit card will not be delivered on site, but will be sent to the address that will appear in your file, by post.

ADRIEN
0 7
This review was posted in French. Show original

Hello, is it possible to benefit from the offer by opening an account upon arrival in Canada? Is there a bank membership duration? A minimum before terminating his account? If ever something unexpected happens? Thanking you

ADRIEN
0 7
This review was posted in French. Show original

I’m also going to Toronto, do you know if the advisers are bilingual?

Vanessa
9 2
This review was posted in French. Show original

Hello Adrian,
You can open your bank account online from the pvtistes.net site in order to benefit from the 50 CAD offered on your account or within 5 years after arrival in Canada.
There is no membership duration at the National Bank. You can close your account free of charge at any time provided you do not

Vanessa
9 2
This review was posted in French. Show original

sorry my message was validated too quickly.
I said on condition of not being debited from the account. The account must be settled before closing.

Have a good day,

Paul
1 4
This review was posted in French. Show original

Hello,
I am interested in the offer for newcomers and I have two questions please:
– If I make a transfer before leaving for Canada and for some reason I can no longer leave for Canada, can I make a transfer to get my money back?
– I arrive in PVT in September but I will also be there in July for vacation (without validating my PVT). Can I get my credit card back when I visit in July (so with tourist status)?
Thank you in advance for your feedback.
Credit, Paul.

BanqueNationale1
12 0
This review was posted in French. Show original

Good-morning Paul!

You can actually redo a transfer to your French account if your plans change!

If the opening request has already been made and completed, you can finalize the opening during your vacation!

Adeline46
0 0
This review was posted in French. Show original

Hello,

Do we have to make a first payment to open the account (i.e. a transfer from our French bank to the Canadian bank)?

Thanks in advance,

Adeline

Vanessa
9 2
This review was posted in French. Show original

Hello Adeline,

You have no obligation to make a first transfer before your arrival in Canada. You do as you wish, however, if you decide to make one, it is necessary to do so from your bank account in a bank in France to your account opened at the BNC.

Do not hesitate to contact me by pm for more information.

Have a good day,

vanessa

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

Hello
Is it possible to open a bank account with an eTA?
Thank you for your reply have a nice day

Adeline46
0 0
This review was posted in French. Show original

Hello, I have just arrived in Canada for a 6 month internship and I would like to open a Canadian bank account. If I understand correctly, if I don’t stay the 3 years as stated in the offer, I can’t get the free monthly fee and 50CAD welcome offer? Thanks in advance

Vanessa
9 2
This review was posted in French. Show original

Hello,
You can without any problem open a bank account at the BNC and have the free fees and benefit from the 50CAD premium.
If you have any other questions feel free to PM me.
Have a good day,

vanessa