open an account from your home country up to 90 days before you
arrive in Canada, or within 5 years of your arrival
Be the only user of the account
The offer for newcomers
is open to permanent residents, temporary workers and international
Baseline savings of $334.92 over three years for the account
Save a minimum of $334.92 over three years if you meet the following conditions:
Open a bank account online before arriving with our secure form
or visit a branch upon arrival.
Sign up for our offer for newcomers
Savings of $334.92 based on:
First year: no flat monthly fee (savings of $15.95/month
for 12 months)
Second year: flat monthly fee of $7.98 instead of $15.95
(savings of $7.97/month for 12 months)
Third year: flat monthly fee of $11.96 instead of $15.95
(savings of $3.99/month for 12 months)
To be eligible for savings, you must commit to keeping the account
and package for a minimum of 36 months. You will receive no further
discounts if the products are cancelled. The full flat monthly fee of
$15.95 will be applied to your banking package from the fourth year.
You’ll be able to browse
our packages and choose the one that best suits your needs.
** Maximum savings of $574.20 over three years for the account
Your savings will be $574.20 over 3 years with your newcomer’s
banking package on a fixed monthly fee ($15.95/month x 36 months) if
you meet the following conditions.
Visit a branch and open a bank account.
up for our offer for newcomers.
During the first year after
signing up for the offer for newcomers to Canada:
Apply for and activate an eligible National Bank Mastercard
personal credit card2
Sign up to receive eStatements
During the second and third years after signing up for the offer
for newcomers to Canada:
Set up salary deposits to your
National Bank account and have your pay deposited at least once
a month; OR
Make at least two electronic bill
payments from your National Bank account every month.
To be eligible for this, you agree to maintain this account for a
minimum of 36 months. You agree that there are no additional savings
available from the moment you longer keep these products. You’ll pay
the full fixed monthly fee of $15.95/month for your banking package
starting in the fourth year after you sign up for the offer for
newcomers. You’ll be able to browse
our packages and choose the one that best suits your needs.
Overall savings of up to $671.30 over 3 years
You could enjoy a maximum overall savings of $671.30 over 3
years without the following fees being 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)
Statements sent by mail
free of charge for the first year ($30)
Note on savings
To enjoy the full savings, you must keep the products and services
and carry out all required transactions for a minimum of 36 months
unless otherwise indicated. If you fail to meet the conditions of the
offer, your savings will be lower. Your savings will be lower if you
do not order cheques and/or choose to not receive paper statements by
mail for free the first year.
If during a given month, you keep your bank account and banking
package but do not keep all of the other products and services
indicated or do not carry out all the required transactions (e.g. only
one electronic bill payment per month instead of two), you will be
charged National Bank's service fee for that month. The service fee
will be $7.98 monthly for the second year and $11.96 for the
third. You will still enjoy monthly savings of $7.97 during the second
year and $3.99 during the third.
Finally, if you no longer hold a bank account or banking package for
newcomers, you will no longer be eligible for savings.
You must first open a National Bank Direct Brokerage account. Certain
Options commission is $0 + $1.25/contract. A minimum fee of
$6.25/trade applies. The maximum fee is $19.95 when the transaction
value is less than $2,000. An option contract gives the holder the
right, but not the obligation, to buy or sell a given position in an
underlying security at a given exercise price. Contracts are for 100 shares.
National Bank Direct Brokerage, as a division of a Canadian bank
subsidiary, is the first broker in Canada to offer a commission-free
online brokerage solution for Canadian and U.S. stocks.
Trades must have been made through our electronic
Management and other fees may apply to
ETF investments. Please read the prospectus before investment. ETFs
are not guaranteed, their values change frequently, and past
performance may not be repeated.
Regular pricing on equities trade applies if the $0 commission
conditions on ETFs are not met.
National Bank Direct Brokerage (NBDB) is a division of National Bank
Financial Inc. (NBF) and a trademark of National Bank of Canada (NBC),
used under licence by NBF. NBF is a member of the Investment Industry
Regulatory Organization of Canada and of the Canadian Investor
Protection Fund and a wholly-owned subsidiary of NBC, which is a
public company listed on the Toronto Stock Exchange (TSX: NA) NBDB
provides order execution only services and makes no investment
recommendations. Clients are solely responsible for the financial and
tax consequences of their investment decisions.
TM 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.
®THE EXCHANGE and Accel are registered trademarks of Fiserv
®CIRRUS is a registered trademark of Mastercard
International Incorporated. Authorized user: National Bank.
®Allpoint is a registered trademark of ATM National LLC.
National Bank of Canada is not a licensed bank in France or other
countries outside of Canada.
Our banking offer is available to newcomers from their home
countries up to 90 days before arriving in Canada or at any point
during your first 5 years in Canada. See the above terms and conditions
of the offer for no fixed monthly fee for 3 years. 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. Fees may apply for transactions
not included in the banking offer for newcomers. For more
information on transaction fees, see our Guide
to Personal Banking Solutions [PDF].
subject to credit approval by National Bank. Certain conditions
apply. Eligible credit cards: MyCredit, MC1, Allure, Syncro,
Platinum, ECHO Cashback, World and World Elite.
may be required under certain circumstances. Financing is subject to
credit approval by National Bank. Certain conditions apply.
International Transfer by Mastercard® and
Interac® are available at a cost of $5.95 per
transaction, no matter which account you hold. The amount received
by the beneficiary may differ from the amount sent considering that
the intermediary bank or the beneficiary’s bank will apply their
fees to the original transfer’s amount. This service allows you to
transfer funds to the United States, India, Philippines, United
Kingdom and the following 19 European countries: Austria, Belgium,
Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy,
Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal,
Slovakia, Slovenia and Spain.
Telephone assistance service
offered by National Bank Assistance Network, valid for 12 months
from your account opening date. The content of the packages and
terms described are subject to change.
National Bank ABMs
or ABMs in THE EXCHANGEᴹᴰ network. Use all our ABM features in six
languages (French, English, Spanish, Traditional Chinese, Punjabi,
Locate CIRRUS, Maestro® and NYCE®
ABMs and payment terminals with the logos on the back of your card.
You can then use your debit card at these ABMs in the United States
and around the world, including our network of partners
Accel®, Cirrus® and Allpoint®.
Administrative or exchange rate fees may apply.