NEWCOMERS
Enjoy no fixed monthly fees for up to 3 years
Offer valid from your country up to 90 days before you arrive in Canada and within 5 years of your arrival.1 Fill out the secure online form.
Mastercard® credit card
Get settled in Canada with help from a National Bank of Canada Mastercard credit card with no credit history.2,3
International transfers
Send international transfers online to 19 countries in the European Union, and more.
$5.95 per transfer4
Intermediary bank or beneficiary fees may apply.
Legal support service
Get legal information by speaking directly with a lawyer by telephone on a variety of everyday topics.5
At no cost for 12 months
Paper statements by mail
Receive your bank statements by mail with no fees for the first year.
You’ll save $30
Ordering cheques
Get your first order of cheques free.
You’ll save $67.10
Enjoy your bank account with no fixed monthly fee for up to 3 years* and other benefits with our offer.
Consult the eligibility
criteria and follow the steps below, based on your
situation.
Fill out an online application form as soon as you arrive in Canada. You’ll need:
Within a couple of days of your request, you’ll receive a confirmation email with your account information. You’ll then receive your debit card in the mail.
2023
National Bank of Canada has been named the Best Bank for Newcomers to Canada for 2023 by MoneySense.
2023
National Bank® of Canada mycreditTM Mastercard® credit card was named the best credit card for newcomers by Milesopedia in 2023.
89% of our clients who are new to Canada say that they recommend National Bank of Canada, mostly due to our distinguished service.
Internal study on newcomers - 2023
“We’re extremely happy with our choice! We met with other banks, but National Bank was the one that best fit our needs.”
- Karen, newcomer - 2023
We got 4.85 stars for our service on PVTistes.net.
June 2023
Permanent residents
Temporary workers
International students
Write to us with all the details of your request. We’ll get back to you as quickly as possible.
Get quick help when you contact us through Facebook Messenger.
Are you a qualified worker immigrating to Canada? Join the National Bank of Canada team!
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.
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:
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 conditions apply.
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.
Regular pricing on equities trade applies if the $0 commission conditions on ETFs are not met.
For more details, consult our page for exclusive National Bank Direct Brokerage offers.
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
Inc.
®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.
National Bank of Canada was named the best bank for newcomers to Canada by MoneySense in 2023. MoneySense establishes its annual rankings by selecting some of the largest financial institutions and comparing them for fees, access to credit and services offered to newcomers.
National Bank's mycredit® Mastercard® credit card has won the Milesopedia best credit card for newcomers in 2023. Each year, Milesopedia examines the credit card offers of the largest financial institutions and establishes its ranking according to more than 150 criteria such as fees, welcome offers, minimum income required, number of points per category, account credits, insurance, airport lounge access, etc.