Offer for students in teaching programs

• Be a full-time student in Canada.
• 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 account¹¹.

®Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Authorized user: National Bank.

®THE EXCHANGE is a registered trademark of Fiserv Inc.

® The Interac logo and Interac e-Transfer are registered trade-marks of Interac Corp. Used under licence.

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

SECURIZONE is a registered trademark of National Bank of Canada used by NBC Assistance Inc.

SECURIZONE:

Discount is applicable to the standard rates of the Securizone or Securizone 360 plans for as long as you benefit from an exclusive offer. If you no longer benefit from an exclusive offer, you must agree to pay the applicable regular rate in order to continue to benefit from the plan. NBC Assistance Inc. reserves the right to terminate or modify this offer at any time. Please consult the rates and other applicable conditions on the Securizone page.

1.  Subject to credit approval by National Bank. The $301 in potential annual savings is provided as an example of what a holder with a typical profile could save if they had:

• A banking package equivalent to The Total^®available at the monthly cost of $13 for full-time post-secondary students aged 18 to 24 inclusively and
• A student line of credit with an annual current balance of $30,000
• A National Bank Platinum Mastercard^®credit card

The savings is calculated as follows:

• No flat monthly fee with The Total^®package (annual savings of $156)
• Annual discount of 0.25% on the rate for the student line of credit (annual savings of $75 for an annual current balance of $30,000).
• Savings on annual credit card fees for one of the first three years (savings of $70).

Certain eligibility conditions apply. The potential savings may not reflect the net savings that you will receive; this amount will vary depending on your financial situation and the products in which you have enrolled. 

2. Subject to credit approval by National Bank of Canada. Certain conditions apply. Three 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. Included services and fees for non-related services are listed in our Rate Guide, available in branch or at nbc.ca.

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:

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. Applicable only for 10 days of travel. 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. Questions relating to any commercial or criminal activity are excluded.

10. 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 CDN$ in Canada. Visit nbc.ca/primerate for the rate in effect.

11. Monthly account statement. No management fees. As a guideline, the applicable rate for a typical Student Line of Credit is comprised of the prime rate + 1%. Once an amount is borrowed from the line of credit, it accrues interest. The minimum monthly payment is limited to the monthly interest and life insurance premiums (as applicable). Examples of credit fees calculated over a 30-day period at the applicable rate as at January 22, 2024:

12. Subject to credit approval by National Bank. Transfer is possible during and after completion of studies. To maintain student benefits, the transfer of the line of credit to the National Bank must be made no later than 6 months after the end of studies. You must provide proof of attendance from your post-secondary institution located in Canada (last available proof if the transfer is at the end of your studies) and your latest transcript showing successful completion. The usual conditions for the student line of credit also apply to the transfer, with the necessary adjustments.

13.  National Bank reserves the right to terminate, without notice, the savings and other benefits on all products and services included in the banking offer, if the client closes their eligible bank account. In the event the client cancels their eligible credit card or replaces it for a credit card that is not eligible for the offer, National Bank will charge fixed monthly fees of $12.95 on the transaction accounts to enable the client to maintain their savings and other benefits in the banking offer.