Offer for newcomers

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.

1. Visit a branch and open a bank account.
   
2. Sign up for our offer for newcomers.
3. 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
4. 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 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.

• Trades must have been made through our electronic solutions.
  
• 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.

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 Canadian Investment Regulatory Organization 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.