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.

176 Reviews

Please leave your feedback or ask questions

Romane
1 7
This review was posted in French. Show original

Good morning,
I am arriving in Ottawa next Sunday to join my spouse (common-law VISA) and I would like to open an account and take advantage of the offer. To the question, “Are you a resident of a country other than Canada, including the United States, for tax purposes?”, I admit I don’t quite understand. Could you help me ?
In addition, I already have a formal job with a job offer. Is it worth it to get a better credit card?
Thank you for your help 🙂
Good day to you.
Roman

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

Hello Roman

Do not hesitate to write to me in private so that I can help you.

Good day,

vanessa

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

Good morning,

I am arriving in Canada on June 8 for a 2-year PVT and wish to complete my registration with the National Bank of Canada in branch 00821 (Montreal, 895 La Gauchetière) as soon as possible.

Having followed the pre-registration procedures on the site, I now wish to complete the opening of the account on June 9 or 10 if possible. How can I make an appointment?

I did receive a phone call from a BNC employee but I cannot get back to her, either her or the branch in question, always falling on answering machine.

Can you help me ? THANKS !

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

Hello Robin!

Do not hesitate to write to us in private so that we can assist you?

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

Hello Robin!

Do not hesitate to write to us in private so that we can assist you?

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

Good morning,

I have just read all the steps for creating my account and I realize that I have to have an appointment at the agency within 3 months! This will not be possible because I have just received my LI for my pvt and I will only arrive at the end of September / beginning of October. I wanted to register to take advantage of the CAD 100 welcome offer. What do we do in this case?
Thank you and have a nice day

Sebastien Litt

Ps I can’t send an email to the Vancouver agency

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

Hello Sébastien, do not hesitate to write to us here? https://bit.ly/2BaEDp5 so we can watch this with you?

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

Hello Sébastien, do not hesitate to write to us here? https://bit.ly/2BaEDp5 so we can watch this with you?

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

Hello Sébastien, do not hesitate to write to us here? https://bit.ly/2BaEDp5 so we can watch this with you?

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

Hello, I have been trying for several days to subscribe to the BNC via the PVTiste link but each time when the form is sent, it grinds and it does not send it. How to do ? Thanking you in advance 🙂

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

Hi Khloee, have you tried deleting your cache and cookies or even using a different browser? If it doesn’t work, don’t hesitate to send us a message so that we can look at it with you??

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

Hello, a question regarding the delay between opening the account and arriving in Canada. I will arrive in Canada on September 15 in PVT, is it possible to open the account now to benefit from the 100 dollars?

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

Hello Manon? You can open an account up to three months before you arrive here. If you have any further questions, feel free to send us a message.

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

Good morning,

I take the liberty of asking you a question concerning the “free” charge for up to three years.
I just watched the YouTube video of the Pvtistes channel: “How to open a bank account in Canada?” It is explained that the BNC applies a free monthly fee on the condition of carrying out transactions on the account (eg: paying an invoice by direct debit, etc.); choose the NBC credit card and receive these statements by email.
However, reading the article above, I do understand that there is only the 1st year without monthly fees, then the next two years there is only a reduction in monthly fees.

Can you give me some clarification, please?

Thank you so much.

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

Hello Marylene! In order to fully understand your questions in connection with the one after your readings, I invite you to send us a private message or write to us on Facebook Messenger if you wish to clarify certain points in particular. See you soon!

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

Good morning,
Is it possible to open an account now remotely, to benefit from the offer of payment of 100€, with a planned departure in September?
And is the fee waiver offer combinable with the opening payment offer?

Good for you

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

Good morning! It is possible to open an account within three months of your expected date of arrival here. The $100 discount offer is linked to the newcomer offer which allows you to have up to 3 years free of charge. Feel free to send us a message if you have any further questions!

Romane
1 7
This review was posted in French. Show original

Good morning,
I would like to open a bank account at the BNC (if possible an account shared with my spouse) before my arrival in Canada which will take place on Wednesday April 12. Is it possible to order a Mastercard card once the account has been created from France by indicating a postal address in Montreal (with friends) and to receive it quickly? What is the average time to receive a card?
In addition, I already have an N26 account which allows free withdrawals and transfers abroad. Is it possible to make a transfer directly to the account once it has been created? Thank you in advance for your answers.
Roman

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

Hello Roman,
Thank you for your interest in National Bank! I invite you to write to me in private or on messenger directly (https://bit.ly/2BaEDp5) for your questions. We are here to help you! See you soon!

Clement
0 4
This review was posted in French. Show original

Good morning,
Are transfers between Canadian accounts really free? Even if they are not from the same bank to bank?
As well as credit cards are they free or paid?

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

Good morning,
I invite you to contact me by PM so that I can answer you in detail.
Good day,
vanessa

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

As Vanessa says! You can also write to us privately for your questions, whether on this platform or our other social media platforms!