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Offer for law and business students

Our verdict? You won't find a better deal


At a glance

Up to


in annual savings1

1 bank account3

with no monthly fee



credit card


line of credit4

Advantages for

  • Full-time university level students enrolled in an accounting program
  • Full-time university level students enrolled in a law program
  • Law interns
  • Full-time students at HEC Montréal or the Rotman School of Management (minimum requirement: B.A.)
  • Full-time students enrolled in an MBA program
  • Pursuit of CFA title (level 1 completed)
  • Full-time university level students enrolled in actuarial studies
  • Full-time students enrolled in Bachelor of Commerce studies 


Until NOvember 30 2018, get up to $150 more cashback*

See conditions

Study with peace of mind thanks to our great offer!


The perks in detail

Step 1 icon

A bank account with no monthly fee

Get a Canadian or U.S. dollar account with no monthly fee.


• Unlimited ABM and online transactions
• Unlimited Interac e-Transfers®
• 100 personalized cheques free of charge
• Overdraft protection
• Access your account from anywhere in Canada via THE EXCHANGE® ABM network
• Manage your finances through our mobile app or online platform

Step 2 icon

A Platinum Mastercard® credit card

Pay no annual fees for the first two years. The regular annual fee will be billed automatically two years after the card is issued.

$89 annual fee

19.99% purchase rate

22.99% balance transfer and cash advance rate5-6


  • Travel rewards
  • Up to 1 point per dollar spent7
  • Comprehensive travel insurance8
  • Vehicle rental insurance

View card details

Step 3 icon

A line of credit with preferential terms and conditions

Our student line of credit9 helps you cover unexpected expenses.

Great rate

Prime rate +  0.50 %



  • Repaid credit can be reused as needed
  • Your credit limit is established based on your needs and program of study

See our student line of credit

Magic wand tip icon


Twice as nice: Get a second Mastercard credit card so your spouse can also benefit from this offer.10

Providing support throughout your career


Ready to launch your professional career? Save on your transactions and get a great rate on a line of credit and mortgage with our offer for professionals.

See offer

Business banking

Have you completed your studies and want to open your own firm? Get financing11 and benefit from tools and advice to simply your HR management with our offer for entrepreneurs.

See offer

National Bank is a proud partner of

Logo of the Barreau du Québec
Logo of the Alumni HEC Montréa

Little details that matter

Eligibility criteria

  • Be a full-time university student in accounting or law, or be an intern in notarial law or a full-time student (minimum level: Bachelor's) at HEC Montréal or the Rotman School of Management.
  • You must visit the branch once a year to update your file (show two pieces of ID, proof of full-time student status and your most recent transcript).
  • Have an eligible bank account12.

Student line of credit rate

Prime (P) = ${p1.tauxBase|percent:"true"}

With guarantor
P + ${p1.ecart|percent:"true"}${p1.taux|percent:"true"}
Without guarantor
P + ${p1.ecartAutre|percent:"true"}${p1.tauxAutre|percent:"true"}

Offer conditions

Conditions to earn the first cashback

Open an account linked to one of our Offers for professionnals or for students to get $50 cashback.

You must:

  • Sign up on out new online bank and for online banking and eStatements
  • Carry out at least one eligible transaction in your chequing account


Conditions to double the cashback

You must:

  • Set up a recurring direct deposit from your pay or monthly retirement benefit


Offer related to savings account

Sign up for a High Interest Savings Account and get $50 cashback

You must:

  • Deposit a minimum of $5,000 and have a minimum balance of $5,000 sixty (60) days after opening the high interest savings account
  • Have a chequing account at National Bank

Once the account has been opened, you have sixty (60) days to fulfil all of the offer conditions in order to get the cashback.

Legal disclaimers

® MASTERCARD is a trademark of Mastercard International Inc. used under licence by National Bank of Canada.

®THE EXCHANGE is a registered trademark of Fiserv Inc.

® INTERAC, the INTERAC logo and INTERAC e-Transfer are trademarks of Interac Inc. Used under licence.

® THE TOTAL is a registered trademark of National Bank of Canada.

1. Subject to credit approval by National Bank. As an example, an offer holder can potentially save up to $642 per year. This figure is based on the typical profile of an offer holder who has the following: a banking program equivalent to ™The Total program (™The Total is available for a monthly cost of $16 to full-time postsecondary students age 18 to 24; other banking packages and programs are also available) and a bank-authorized Student Line of Credit with guarantor with a current annual balance of $30,000.

The savings were calculated as follows: no monthly transaction fees included in ™The Total package (annual savings of $192), plus an annual 1.50% discount on the Student Line of Credit rate (annual savings of $450). These discounts represent the difference between what a client who is not an offer holder might have and what an offer holder might have. Some eligibility requirements apply. These potential savings may not match your net savings, as they vary according to your financial situation.

2. Subject to credit approval by National Bank of Canada. Certain conditions apply. Two years after the card is issued, the regular annual fee in effect will automatically be charged to the account. Offer cannot be renewed.

3. A chequing account. Some services such as the passbook and paper statement by mail are not included.

4. Subject to credit approval by National Bank. Certain conditions apply. A guarantor who satisfies National Bank's criteria may be required. The annual amount is based on your personal budget needs.

5. Grace period: No interest will be charged on purchases made during the month, provided the client pays the balance in full within twenty-one (21) days of the statement date. This grace period does not apply to cash advances or balance transfers. The minimum payment to be made to the Bank every period will be equal to 2.5% of the account balance plus any overdue amount or $10, whichever is higher (or the account balance if it is lower than $10). If the credit limit is exceeded, the minimum payment required will be 2.5% of the account balance or the amount in excess of the credit limit, whichever is higher. Account statement: A statement is sent monthly.

Examples of credit charges

Example of credit charges over a 30-day period:

Annual interest rate
Average balance
$500 $3,000
19.99% $8.22 $49.29
22.99% $9.45 $56.69

6. Subject to credit approval by National Bank. Each balance transfer must be at least $250.

7. Certain restrictions apply. Please consult the applicable rules governing reward points under Rewards plan.

8. This coverage applies to purchases and rentals charged in part to the card, except out-of-province medical/hospital insurance for which the travel arrangements need not be charged to the card, and lost or delayed luggage insurance where all transportation costs must be charged to the card. This coverage applies to the primary cardholder, his/her spouse and/or dependent children when they (spouse and/or dependent children) travel with the primary cardholder. Extended warranty coverage applies to most new articles purchased with the card, in Canada or abroad, as long as the manufacturer's warranty is valid in Canada. Certain conditions and restrictions apply. For more information and for details of your insurance coverage, please consult the insurance certificate associated with your card.

9. Subject to credit approval by National Bank.

The regular rate for a line of credit is the prime rate* + 3%, which corresponds to 6.20% (3.20% + 3%) as at September 8, 2017. As the applicable rate is based on the prime rate, it may fluctuate over time. No management costs. Account statements are produced monthly. Interest accrues as soon as an amount is drawn on the line of credit. Students must start repaying the principal when they have a full-time job or within 12 months of the end of their studies.

*The prime rate means the annual variable interest rate posted by National Bank, from time to time, and used by the Bank to determine the interest rates on the demand loans it grants in Canadian dollars in Canada. Consult the prime rate webpage to find out today's rate.

Examples of credit charges calculated for a period of thirty (30) days for the student line of credit based on the rate in effect on September 8, 2017.

  Average balance
$5,000 $15,000
Prime rate + 3.00% (6.20%)
$25.48 $76.44

10. Only the spouse of the main cardholder of the Mastercard credit card included with offer is eligible for an additional card. Regular annual fees apply for the additional card.

11. Subject to credit approval by National Bank.

12. National Bank reserves the right to cancel the savings and benefits offered as part of the offer for professionals at any time, without prior notice, if the client closes his eligible bank account or Mastercard credit card and replaces them with an ineligible account or Mastercard credit card.


* The promotional offer is valid from August 15, 2018 to November 30, 2018.

The offer is intended for all Personal Banking clients who do not have a National Bank Chequing or Savings account and for all individuals who do not have any account at National Bank.

To qualify, you must open a checking account at one of our branches and sign up for an eligible product during the promotional period. To be eligible, the client must have attained the age of majority as at October 31st, 2018.

The offer may be modified, extended, or withdrawn without prior notice at any time. Employees of National Bank and its subsidiaries and entities are not eligible.

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. An additional cardholder on a joint account who opens a new account will not be eligible for this offer. The cashback amount varies according to the number of products held. 


Cashback details

Chequing account offer

To be eligible for the Chequing account offer and get up to $150 cashback, you must open a new Chequing account linked to one of the eligible Offers for professionals or Offers for students and meet the promotional offer conditions.

  Cashback when eligible Chequing
account opened
Additional cashback with salary deposits
or other recurring direct deposits to the account
Maximum total cashback
Offers for professionals or
Offers for students
$50 +$50 $100


First cashback conditions

You must:

  • Sign up for online banking and eStatements
  • Carry out an eligible transaction. Interest charges and banking fees are not considered transactions.

Double cashback conditions

You must:

  • Set up one (1) recurring direct deposit (salary or monthly pension)

After the account is opened, you have 60 days to meet all cashback offer conditions.


Savings Account offer

To be eligible for the Savings account offer and get up to $50 cashback, you must open a High Interest Savings Account and meet the offer conditions.

  • You must deposit at least $5,000 and have a balance of at least $5,000 in the account 60 days after the High Interest Savings Account is opened.
  • You must have a Chequing account at National Bank.

After the account is opened, you have 60 days to meet all cashback offer conditions.

The cashback will be deposited to your National Bank Chequing account within 120 days of the products being opened.



To be granted the cashback, you must maintain the eligible products and services, and not make any changes related 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 the Bank 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.

Clients who have benefitted from a cashback offer on a Chequing or Savings account since November 1, 2017 are not eligible for this offer.

If you do not receive your cashback for the Chequing or Savings account offer, please notify us by June 30, 2019. Any notice received after that date will not be accepted and you will be deemed not to have qualified for this promotion.

Ready to apply for the package?

Apply online and an advisor will contact you shortly to set up an appointment.


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