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Pros & Cons

Pros

  • +No monthly fee
  • +Unlimited transactions
  • +Unlimited Interac e-Transfers

Cons

Current Promotion

With the NBC Chequing Account for newcomers to Canada, you get:

  • Unlimited access to digital transactions
  • Access to THE EXCHANGE network ATMs without additional fees
  • Digital cheque deposit
  • Unlimited free Interac transfers

The monthly fees for the NBC Chequing Account for newcomers to Canada are $0 for the first 3 years.

You can open the NBC Chequing Account for newcomers to Canada:

  • from your home country
  • or up to 5 years after your arrival in Canada!

Ends Nov 3, 2026

Account Features

  • E-StatementIncluded
  • Unlimited TransactionsIncluded
  • Unlimited Interac e-TransfersIncluded

Special Offer

Up to $574.20 in savings + up to $600 cashback

Ends Nov 3, 2026

Terms and conditions

  • Account with no fixed monthly fees for 3 years
  • Potential savings of up to $574.20
  • Unlimited online transactions and Interac® e-Transfer fund transfers within Canada
  • Mastercard® credit card with no credit history
  • International transfers for $5.95
  • Free legal assistance for 12 months
  • First order of free cheques

Related Accounts

*Conditions apply.

Conditions apply. All information is believed accurate but not guaranteed. Account details, rates, and offers are subject to change at any time. Always verify the latest terms on the institution's website. Tori Points may receive compensation through affiliate links. This does not affect our editorial choices or rankings. © 2026 National Bank of Canada. All trademarks are property of their respective owners.