Offer for students
Take advantage of discounts with your post-secondary education
Benefit from a bank account without monthly service fees1
Are you a student and eligible for the Canada Emergency Student Benefit (CESB)? Apply for assistance by signing up on the Canada Revenue Agency (CRA). You can then sign up for CRA direct deposit to receive funds directly in the account of your choice.
Little details that matter
The promotional offer is valid from August 16 to December 13, 2021 (the "promotional period").
This offer is intended for anyone who does not have a National Bank chequing account.
The offer may be modified, extended or withdrawn without prior notice at any time. You must have reached the age of majority when you open your chequing account. Employees of National Bank and its subsidiaries and entities are not eligible.
The offer may not be combined or used with any other offer, promotion or benefit applicable to National Bank chequing accounts and banking packages and cannot be applied retroactively. There is a limit of one cashback per eligible product during this promotion. Clients cannot benefit from the offer more than once. Only the primary account holder is eligible for the offer. Joint account holders who open a new account are not eligible for this offer.
Eligible products
To be eligible for the offer, you must open a new chequing account linked to one of the eligible banking packages or offers described below and meet the conditions of the offer.
Eligible products |
Cashback offer |
|
$300 |
Conditions of the $300 cashback offer:
To obtain a $300 cashback, you must open a chequing account with an eligible banking package or offer during the promotional period, then meet 2 of the following 3 conditions:
- Carry out one bill payment of $50 or more via National Bank online.
- Set up a recurring automated direct deposit (salary or monthly pension).
- Set up a recurring pre-authorized payment on your National Bank mortgage from a National Bank account.
After the chequing account is opened, you have 60 days to meet all cashback offer conditions.
Timeframe for obtaining the cashback
If you meet the offer conditions, the cashback will be deposited into your new National Bank chequing account within 120 days of the account being opened.
Commitment
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 open the chequing account. If you do not meet this condition, you will have to refund National 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 account November 1, 2018 are not eligible for this offer.
® THE CONNECTED and THE TOTAL are registered trademarks of National Bank of Canada.
1. Bank account with chequing privileges. Some services such as statements by mail are not included.
2. Subject to credit approval by National Bank of Canada. Certain conditions apply.
3. Subject to credit approval by National Bank. The $867 in annual savings is provided as an example only to illustrate what a holder could save with the offer. It is based on the profile of a client who has the following products: a The TotalTM package or equivalent (The TotalTM package is available for a monthly cost of $16 to full-time post-secondary students between the ages of 18 and 24 years old; other accounts also available) and a Student Line of Credit with a $30,000 limit authorized by the Bank with a guarantor.
Savings are calculated as follows: No monthly fee for transactions included in The TotalTM package (annual savings of $192), plus an annual 2.00% rate discount for the Student Line of Credit (annual savings of $600). These savings represent the difference between what a client with the offer and a client without it would pay. Some conditions apply. Potential savings may not reflect the actual net savings that you will receive; this amount will vary based on your financial situation.
TM THE MODEST, THE CONNECTED and THE TOTAL are trademarks of National Bank of Canada.
® Mastercard is a registered trademark of Mastercard International Inc. Authorized user: National Bank of Canada.
TM Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries. Apple Inc. is not a sponsor or participant of National Bank Mobile Banking Solutions.
TM Google Pay and the Google Pay Logo are trademarks of Google LLC. The use of this trademark is subject to Google Inc.’s authorization policy.
® Interac is a registered trademark of Interac Inc., used under licence.
