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NEWCOMERS 

Enjoy $300 cashback to help you get settled

Get a helping hand to cover the cost of your CELPIP or CAEL language tests.*

Open an account online

*Offer available until November 4th, 2025, to those who open a bank account and sign up for certain eligible services. To claim the $300 cashback, you must apply to open an account directly from this page.

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Even more benefits with National Bank of Canada

National Bank of Canada is proud to stand by your side as you get settled in your new country. In partnership with CELPIP and CAEL, we’re offering $300 cashback that you could use to cover the cost of your English proficiency test. All you need to do is open a bank account and sign up for certain eligible services.*

Our offer for newcomers 1 doesn’t stop there. National Bank of Canada also offers the following benefits:

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Bank account

Open an account with no fixed monthly fee for up to 3 years.

Save up to $574.20**

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mycredit™ Mastercard® credit card

Build your credit score with an eligible National Bank Mastercard® credit card. No credit history needed.2,3

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International transfers

Send international transfers online to India, the United States, and 19 countries in the European Union. 

$5.95 per transfer4

Intermediary bank or beneficiary fees may apply.

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Legal support service

Get answers to all your questions regarding getting a Canadian work visa, health services, housing, and more.5

No fees for the first year

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Statements via mail

Get your bank statements by mail with no charge for the first year.

$30 in savings

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Ordering cheques

Get your first order of cheques free.

You’ll save $67.10

Just 2 simple steps to open your bank account

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Open an account online

Fill out an online application form. You’ll need the following:

  • A Canadian phone number 
  • A valid and eligible foreign passport or a Canadian permanent resident card  
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Receive a confirmation email

Within a couple of days of your request, you’ll receive a confirmation email with your account information. Your debit card will then be mailed to you.  


Up to 3 years of no fixed month fees**

More than just a bank account

Discover our offer for newcomers

Découvrez notre offre pour les nouveaux arrivants 

2 min 16    Transcript

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See all the details of the offer

Download and read the details of the offer for newcomers in one of the following languages. 

A distinguished client experience 

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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

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“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

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We got 4.85 stars for our service on PVTistes.net.

June 2023

Our industry awards 

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2025

National Bank of Canada received the award for "Best Bank Account" for newcomers to Quebec by Milesopedia in 2025.

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2024

National Bank of Canada has been named the Best Bank for Newcomers to Canada for 2024 by MoneySense.

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2023

The National Bank® of Canada mycreditTM Mastercard® credit card was named the best credit card for newcomers by Milesopedia in 2023.

Who’s the newcomer offer for?

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Permanent residents

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Temporary workers

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International students

Talk to us about your projects in Canada 

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Contact us by email

Write to us with all the details of your request. We’ll get back to you as quickly as possible.

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Chat with us

Get quick help when you contact us through Facebook Messenger.

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We’re hiring!

Are you a qualified worker immigrating to Canada? Join the National Bank of Canada team!

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