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Offer for newcomers to Canada
$100 cashback promotion valid until June 29th, 2026
- Up to 3 years with no monthly fees
- Enjoy $100 cashback when you open a chequing account¹
Receive $100 cashback directly in your new account thanks to the partnership between pvtistes.net and National Bank of Canada².
1
Open your account online
Up to 5 years after your arrival in Canada, complete our online application form in under 5 minutes.
Up to 5 years after your arrival in Canada, complete our online application form in under 5 minutes.
2
Receive your debit card and enjoy your benefits
Once your account is open, you'll receive an email with your account details. Your debit card will then be sent to you by mail.
Once your account is open, you'll receive an email with your account details. Your debit card will then be sent to you by mail.
1
Fill out our online form
It's quick and secure. In 5 minutes, complete the first step of opening your account. You can do it right now, up to 90 days before your arrival in Canada.
It's quick and secure. In 5 minutes, complete the first step of opening your account. You can do it right now, up to 90 days before your arrival in Canada.
2
Watch your inbox
In the following days, you'll receive an email confirming your application. Keep it safe. Once your account is open, you'll be able to transfer money into it and use it when you arrive.
In the following days, you'll receive an email confirming your application. Keep it safe. Once your account is open, you'll be able to transfer money into it and use it when you arrive.
3
Book an appointment on arrival
Once in Canada, simply book a branch appointment to finalize the opening of your account and receive your card.
Once in Canada, simply book a branch appointment to finalize the opening of your account and receive your card.
4
Make the most of your branch visit
By preparing for your appointment and learning about current offers, you increase your chances of getting the best benefits for your situation. Feel free to ask any questions while you're there.
By preparing for your appointment and learning about current offers, you increase your chances of getting the best benefits for your situation. Feel free to ask any questions while you're there.
Take advantage of this offer and get much more than just 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:
- Access an international wire transfer service⁴.
- Open an account from your country.
- Make a transfer before you leave.
- Access your funds as soon as you arrive.
- Save on your banking fees.
- Receive guidance before and after you arrive in Canada with our practical guide and from our advisors.
- Access a network of over 2,800 ATMs across the country.
Why choose National Bank of Canada?
Easily open your account online
Fee-free bank account
Enjoy an account with no fixed monthly fees for up to 3 years¹
400 branches
Here to welcome you across Canada
Legal support service
Available 7 days a week (toll-free phone number)⁵
Mastercard®⁶
No credit background required⁷
At a glance
The National Bank of Canada is one of the six largest 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 worldwide.
National Bank of Canada is:
2.9
millions clients
31,303
employees
471
branches across Canada
2,539
ATMs
As of May 6th, 2025. Source: 2024 Durability Report.
Commitment and Impact
The sustainability of National Bank
Sustainability is an integral part of our strategic planning. We take environmental, social, and governance (ESG) issues into account in our operational and business decisions.
-
Environement: We are working to develop a green economy
-
Social: We enrich communities
-
Governance: We govern according to the highest standards
Q&A
Details and conditions of the $100 cashback offer
This offer is valid until June 29th, 2026.
During the promotion period, open a first chequing account as the main account holder using the redirection link on this page and sign up for the offer for newcomers.
Within 150 days of opening the chequing account and signing up for the eligible package/offer, complete the following 3 steps:
- Sign up for online banking
- Carry out 10 eligible transactions, including:
- Debit card purchases
- Bill payments using your online banking or the National Bank mobile app.
The following transactions are excluded:
Refund of purchases (Interac®)
Reimbursement of fees
Flat monthly fee
Account handling charges
- Maintain this package for newcomers for at least 150 days after opening the new chequing account.
You must not have a chequing account, CAD Progress Account, Crescendo Account®, The Strategist Account®, The Natcan Strategist Account, Special Project Savings Account, Superior Flex Line Program®, Home Improvement Line of Credit, Personal line of credit, All-In-One Line of Credit®, or must not have had a National Bank High Interest Savings Account, alone or jointly in the past 36 months.
Other conditions:
- You can receive only one cashback for this chequing account.
- You must be at least 18 years old when you open the new chequing account through our digital solutions.
- You need to keep the new chequing account for at least 12 months starting when the chequing account is opened. If you don’t meet this condition, you’ll have to reimburse a portion of the cashback for the product you didn’t maintain corresponding to the period still remaining.
- You must keep your National Bank chequing account in good standing until the cashback is deposited into the new chequing account. For the purpose of this promotion, a chequing account is not in good standing if:
- It is overdrawn, meaning it has an unauthorized negative balance.
- It has been used in an inappropriate, unauthorized, illegal or abusive manner, as described in section 8.7 of the National Bank Deposit Account Agreement.
- You must not be employed by National Bank, CWB® or one of its subsidiaries. Spouses of employees are also not eligible.
- This promotion may be modified or withdrawn without prior notice.
- This promotion cannot be combined with any other National Bank cashback promotion applicable to chequing accounts or banking packages. However, it can be combined with another eligible National Bank credit card, mortgage loan, mortgage insurance, or investment promotion.
During the promotion period, open a first chequing account as the main account holder using the redirection link on this page and sign up for the offer for newcomers.
Within 150 days of opening the chequing account and signing up for the eligible package/offer, complete the following 3 steps:
- Sign up for online banking
- Carry out 10 eligible transactions, including:
- Debit card purchases
- Bill payments using your online banking or the National Bank mobile app.
The following transactions are excluded:
Refund of purchases (Interac®)
Reimbursement of fees
Flat monthly fee
Account handling charges
- Maintain this package for newcomers for at least 150 days after opening the new chequing account.
You must not have a chequing account, CAD Progress Account, Crescendo Account®, The Strategist Account®, The Natcan Strategist Account, Special Project Savings Account, Superior Flex Line Program®, Home Improvement Line of Credit, Personal line of credit, All-In-One Line of Credit®, or must not have had a National Bank High Interest Savings Account, alone or jointly in the past 36 months.
Other conditions:
- You can receive only one cashback for this chequing account.
- You must be at least 18 years old when you open the new chequing account through our digital solutions.
- You need to keep the new chequing account for at least 12 months starting when the chequing account is opened. If you don’t meet this condition, you’ll have to reimburse a portion of the cashback for the product you didn’t maintain corresponding to the period still remaining.
- You must keep your National Bank chequing account in good standing until the cashback is deposited into the new chequing account. For the purpose of this promotion, a chequing account is not in good standing if:
- It is overdrawn, meaning it has an unauthorized negative balance.
- It has been used in an inappropriate, unauthorized, illegal or abusive manner, as described in section 8.7 of the National Bank Deposit Account Agreement.
- You must not be employed by National Bank, CWB® or one of its subsidiaries. Spouses of employees are also not eligible.
- This promotion may be modified or withdrawn without prior notice.
- This promotion cannot be combined with any other National Bank cashback promotion applicable to chequing accounts or banking packages. However, it can be combined with another eligible National Bank credit card, mortgage loan, mortgage insurance, or investment promotion.
When will the cashback be paid to your chequing account?
Consult the following table for the cashback payment date, if you meet the eligibility criteria. This is based on the date the chequing account was opened.
| Opening date of the new chequing account: | Date of deposit of the cashback into the new chequing account: |
|---|---|
| Between November 5 and November 30, 2025 | Cashback deposited to the account by June 15, 2026 |
| Between December 1 and December 31, 2025 | Cashback deposited to the account by July 15, 2026 |
| Between January 1 and January 31, 2026 | Cashback deposited to the account by August 15, 2026 |
| Between February 1 and February 28, 2026 | Cashback deposited to the account by September 15, 2026 |
| Between March 1 and March 31, 2026 | Cashback deposited to the account by October 15, 2026 |
| Between April 1 and April 30, 2026 | Cashback deposited to the account by November 15, 2026 |
| Between May 1 and May 31, 2026 | Cashback deposited to the account by December 15, 2026 |
| Between June 1 and June 30, 2026 | Cashback deposited to the account by December 15, 2026 |
| Between July 1 and July 31, 2026 | Cashback deposited to the account by January 15, 2027 |
| Between August 1 and August 31, 2026 | Cashback deposited to the account by February 15, 2027 |
| Between September 1 and September 30, 2026 | Cashback deposited to the account by March 15, 2027 |
| Between October 1 and October 31, 2026 | Cashback deposited to the account by April 15, 2027 |
| Between November 1 and November 3, 2026 | Cashback deposited to the account by May 15, 2027 |
How long does it take to receive a debit card?
The debit card is issued during your first appointment at an advisory center.
The delivery time for a credit card is 5 to 7 business days if you apply online, and 7 to 10 business days if you fill out a paper form at one of our branches.
The delivery time for a credit card is 5 to 7 business days if you apply online, and 7 to 10 business days if you fill out a paper form at one of our branches.
Details and conditions of the bank account
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
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
Is it possible to open a joint account and still receive the $100 CAD?
No, it is not possible to receive the $100 CAD if you open a joint account.
To take advantage of this deal, is it mandatory to use the pvtistes.net link?
To open your account, you must click on the National Bank link provided by pvtistes.net. If you do not use this link or if you go directly to a branch, you will not receive the $100 offer.
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. Certain conditions apply. Visit the Conditions of the $100 cashback offer for details.
3.
- Be a newcomer aged 18 or older
- Apply to open an account from your home country or within 5 years of arriving in Canada
- Be the sole user of the account
4. The Mastercard® and Interac® International Transfer service is available at a cost of $5.95 per transaction, regardless of the account you hold. The amount received by the recipient may differ from the amount sent, as intermediary or recipient banks may deduct their fees directly from the original transfer amount. This service allows you to send money to the United States, India, the Philippines, the United Kingdom, and the following 19 countries: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
5. 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.
6. 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.
7. A security deposit may be required under certain circumstances.
™ 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. Certain conditions apply. Visit the Conditions of the $100 cashback offer for details.
3.
- Be a newcomer aged 18 or older
- Apply to open an account from your home country or within 5 years of arriving in Canada
- Be the sole user of the account
4. The Mastercard® and Interac® International Transfer service is available at a cost of $5.95 per transaction, regardless of the account you hold. The amount received by the recipient may differ from the amount sent, as intermediary or recipient banks may deduct their fees directly from the original transfer amount. This service allows you to send money to the United States, India, the Philippines, the United Kingdom, and the following 19 countries: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
5. 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.
6. 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.
7. A security deposit may be required under certain circumstances.
214 Reviews
Please leave your feedback or ask questions
Hello, I just opened my online student bank account for Canada. I would like to have the details of obtaining the bank cards, and also to ask you if I can apply for financial assistance or a scholarship for the fall studies 2021. I am in Ivory Coast currently.
Thank you for helping me.
Hello Renaud, you can get your credit card and apply for financing when you arrive in Canada only, by going to a branch.
Hello, I was able to be part of the Newcomers program from December 2019 until June 2020. Everything was perfect, credit card, perfect customer service etc. When I return to France, I find myself with a monthly fee of $ 7 which corresponds to the monthly fee of the program (obviously, since I no longer used the bank account in Canada, no transaction was made there since I did not ‘was there more physically). I try to close it and I am told that it is necessary to be physically present in a branch (impossible for me to take a plane just to close an account …). Could someone help me? Thank you 🙂
Kimi, first of all, thank you for your testimony. In general, closing an account requires in-person identification, for security reasons. The ideal is to go to one of our branches (any one!) In order to close the account before returning to France or elsewhere.
As for the $ 7.48 fee, they correspond to the offer we made to you: if you do not subscribe to certain products and services (personal credit card, online statement, salary deposit or electronic payment of two bills per month) before the start of the second year, you still get a 50% discount on the banking package (which corresponds to $ 7.48).
Of course, given the current situation, and since I want to help you, I invite you to write to me in private so that I can give you the coordinates (email, phone) of your branch. It will be possible to close the account by making sure to validate your identity. Thank you!
^ Julien
Hello, I am trying to register but I cannot find the nearest bank to my future accommodation in the proposed branches.
BANK ABSOLUTELY AVOID !!
This bank does not allow you to have a Mastercard credit card.
I had to take 2 days off to go to the agency to fill out the form twice because their employee was not able to do it remotely.
After 2 weeks, I receive a letter from mastercard saying that I do not meet the criteria although I have a fairly decent salary paid on it every month in addition to the 5-digit Transfermate deposit.
In addition, you have a limit of 3000 dollars per day so impossible to buy a car in 1 day … (or you have to go to the agency during working hours, still pay for a bank check)
Fortunately, I kept my French bank. So go to RBC or TD, the customer service is much better.
Hello Sylvain. I’m sorry the experience did not live up to your expectations. Customers generally have the option of applying for a credit card directly online (https://www.bnc.ca/particuliers/cartes-credit-mastercard.html), but your presence may be required to reasons for identification. Regarding the refusal letter, I suggest you contact the number that appears therein to find out the exact reasons for such a decision. Finally, for security reasons, the limit is indeed set at $ 3000 outside per day; the purchase of a car is usually paid for by a bank draft, which can be given to you in just a few minutes at any branch.
Please do not hesitate to get back to me if you have more questions. ^ Julien
Hi Sylvain,
To buy a car, in general you can ask for a certified check in the banks and it is obtained in 10 minutes;)
Hello,
I filled the form online, no more success because you need an identification, it is for this reason that I had to go to an agency.
And the agent was not able to do better, twice!
(1 time in Toronto and 1 time in Kitchener)
As for the Mastercard number, after 30 minutes of waiting, I gave up.
I find it abnormal that it is my role to call the Mastercard service and not your agent to solve this problem?
Hello,
I filled the form online, no more success because you need an identification, it is for this reason that I had to go to an agency.
And the agent was not able to do better, twice!
(1 time in Toronto and 1 time in Kitchener)
As for the Mastercard number, after 30 minutes of waiting, I gave up.
I find it abnormal that it is my role to call the Mastercard service and not your agent to solve this problem?
Hello,
Just a little check: it’s not possible to take advantage of this offer if we ever want to use this account as a joint account, right?
Thanks in advance 🙂
Indeed, you must be the only user of the account.
Hello, I have two questions in order to complete the already very comprehensive information you have given:
– What is considered an “eligible transaction” in order to benefit from the $ 50 rebate?
– After making a first cash deposit in the account, can I make a transfer via TransferWise or TransferMate? Or does the first transfer, even after making a cash deposit, have to go through a financial institution?
Thanks in advance for you answers.
Hello Isabelle, an eligible transaction is any transaction that is not a bank charge.
You will be able to make a transfer from your Canadian bank account only after you arrive in Canada, the opening must be completed in person for you to be able to make a transfer. You can then use the platform of your choice.
So if I understand correctly, if I paid, for example, to top up my Opus transport card, this is considered a transaction. Thank you for your reply.
Exactly, the payment of the opus card is considered a transaction.
-Seb
Hello,
I have just arrived in Montreal and I am studying the newcomer offer with BNC and pavtsite. I have some questions:
– the offer is for 3 years however if I wish to cancel the account beforehand, is this possible free of charge?
– if I understood the offer correctly: at least during the first 2 years, I have no fixed monthly costs provided that I order a credit card as soon as the account is opened, that I choose this checking account for the payment of my wages and that I request the statements online?
– when opening an account is a minimum deposit of money required?
– finally the offer of the 50 dollars paid will be on our account after 3 months? how to benefit from this?
Thanks for your feedback
cordially
Anna
Good morning anna,
The newcomer offer is valid for a period of 3 years. Your account will be completely free for 3 years if you meet all the conditions you set out. Note that you can close your account at any time free of charge. When you go to open your account we do not ask for a minimum amount to be paid into it, you are free to fund your account with the amount you want.
To benefit from the 50 CAD on your bank account you must use the link on this page, the offer will be made automatically and the money will be credited to your account within 3 months.
I hope I have answered your questions and remain available if you have other questions.
Have a good day,
Vanessa
I want to open investment account and deposit 10,000 CAD to apply for my student visa, This money is treated as proof of funds and would be released to the student every month for 12 months for their study abroad and maintenance expenses along with interest. Please advise here ?
This is not something we offer.
Hi, can I open a blocked account in your bank for my future studies when I apply for a student visa?
My nationality is not an Indian or a Chinese because most banks in Canada help only Indian and Chinese to open blocked accounts to help them with the visa process in Canada.
My question, what are the nationalities you help to open a blocked account in your bank
Hello, we do not offer that type of product. You can start the account opening process 3 months before you come to Canada. Then you will have to visit a branch to finalize the opening.
Hello Vanessa,
I have just arrived in Montreal and I am studying the newcomer offer with BNC and pavtsite. I have some questions:
– the offer is for 3 years however if I wish to cancel the account beforehand, is this possible free of charge?
– if I understood the offer correctly: at least during the first 2 years, I have no fixed monthly costs provided that I order a credit card as soon as the account is opened, that I choose this checking account for the payment of my wages and that I request the statements online?
– when opening an account is a minimum deposit of money required?
– finally the offer of the 50 dollars paid will be on our account after 3 months? how to benefit from this?
Thanks for your feedback
cordially
Anna
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