No, it’s completely free!
Youth bank account
Are you between the ages of 14 and 24? Or do you have a child under the age of 14? We've got the perfect chequing account for you.
Jusqu’à 900 $ en rabais voyage ou jusqu’à 800 $ à investir dans un produit financier annuellement*
The benefits of The Connected package
- Unlimited online transactions
- Access your balance and transactions in real-time, online, or on the National Bank app
- Make fast, secure, and free transfers
- Deposit your cheques from your phone using mobile deposit
- Open your account online as of 14 years old
It’s quick and easy!
How to open a youth chequing account
Open your account online
It's quick and easy! If you're between the ages of 14 and 24, The Connected package has no fixed monthly fees.
Already a client?
Sign in to your online bank to switch
to The Connected package
Open your account at a branch
If your child is under the age of 14, come and see us in-branch to open an account. The presence of a parent or legal guardian is required.
Not the right package for you?
Discover our other banking packages
Find the package that's right for you so you can easily manage your daily transactions.
Answers to your questions about a youth bank account
No, there are no fees associated with your youth account! Your debit card will be mailed to you when you open your chequing account.
Yes, we'll be in touch before you turn 25. We’ll continue to be by your side as your financial needs evolve.
Of course! You can make an in-branch appointment and bring your parents to open an account
Customized savings solutions
High Interest Savings Account
Saving always pays off! Start building your savings now.
We’re here for you
Send us a message
Chat with us in real-time with Facebook Messenger.
Ask us your questions
For personalized advice or answers to your questions, speak to an advisor either by phone or in-person.
Need additional information?
Visit our Help Centre to find all the information you need.
Little details that matter
Promotion period
July 8 to October 2, 2024
Description of the promotion
$300 cashback after opening a chequing account and carrying out certain transactions. See the conditions below.
Eligibility conditions
- During the promotion, you must open a chequing account and sign up for The Connected® package or one of our exclusive offers for professionals. You must keep this package or offer for at least 120 days after the chequing account is opened.
- Be between 14 to 24 years old when the account is opened.
- Be the main account holder.
- Sign up to your online bank and register to receive eStatements and digital tax statements within 120 days of opening the chequing account.
Additional conditions to fulfil to obtain the $300 cashback – Option “Salary direct deposit”
1) Activate the direct deposit of your eligible salary or pension in your new chequing account at least once a month for at least 2 consecutive months. This deposit must continue uninterrupted until at least the 120th day after the new chequing account is opened.
Automated deposits eligible for the promotion are:
- Salary
- QPIP benefits (Québec Parental Insurance Plan)
- Private pension plans
- Government pension plans (provincial or federal)
- War Veterans Allowance
- Employment insurance benefits
- CNESST indemnities
2) Must not have had a National Bank chequing account (individual or joint) in the past 24 months.
When will the cashback be paid?
The cashback will be paid to the new chequing account no later than 180 days after the account is opened.
Other conditions
- You can receive a one-time amount of $300 cashback for this chequing account.
- You must be at least 14 years old when you open your account.
- You must not be over 24 years old when you open your account.
- You need to keep the chequing account for at least 12 months starting when the account is opened. If you don't meet this condition, you'll have to reimburse a portion of the cashback corresponding to the remaining period.
- You must keep your chequing account in good standing for 120 days after the account is opened by complying with the conditions set out in the Deposit Account Agreement. For example, you need to pay the monthly fees of the chequing account when applicable.
- You must not be employed by National Bank or one of its subsidiaries.
- This promotion may be modified or withdrawn without prior notice.
- This promotion can't be combined with any other promotion applicable to chequing accounts, an exclusive offer or The Connected® package.
® THE CONNECTED, and NATIONAL BANK are trademarks of National Bank of Canada.
® Interac e-Transfer is a registered trademark of Interac Corp. Used under licence.
® Google Pay is a trademark of Google LLC.
® Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries and regions. Apple Inc. is not a sponsor of or participant in National Bank Mobile Banking Solutions.
Promotion period
July 8 to October 2, 2024
Description of the promotion
$300 cashback after opening a chequing account and carrying out certain transactions. See the conditions below.
Eligibility conditions
- During the promotion, you must open a chequing account and sign up for The Connected® package or one of our exclusive offers for professionals. You must keep this package or offer for at least 120 days after the chequing account is opened.
- Be between 14 to 24 years old when the account is opened.
- Be the main account holder.
- Sign up to your online bank and register to receive eStatements and digital tax statements within 120 days of opening the chequing account.
Additional conditions to fulfil to obtain the $300 cashback – Option “Complete 10 transactions”
1) Link the new National Bank chequing account to Interac ® e-transfer® Autodeposit. The account must stay linked for an uninterrupted period of at least 120 days after the new chequing account is opened.
2) Carry out 10 eligible transactions over a minimum of 2 consecutive months, within 120 days of opening the new chequing account. Eligible transactions are:
- Debit card purchases or via Apple Pay® or Google Pay®
- Interac ® e-Transfer
- Transfers or payments to a National Bank® Mastercard® using My online bank or the National Bank mobile app
- Bill payments using My online bank or the National Bank mobile app.
3) Must not have had a National Bank chequing account (individual or joint) in the past 24 months.
When will the cashback be paid?
The cashback will be paid to the new chequing account no later than 180 days after the account is opened.
Other conditions
- You can receive a one-time amount of $300 cashback for this chequing account.
- You must be at least 14 years old when you open your account.
- You must not be over 24 years old when you open your account.
- You need to keep the chequing account for at least 12 months starting when the account is opened. If you don't meet this condition, you'll have to reimburse a portion of the cashback corresponding to the remaining period.
- You must keep your chequing account in good standing for 120 days after the account is opened by complying with the conditions set out in the Deposit Account Agreement. For example, you need to pay the monthly fees of the chequing account when applicable.
- You must not be employed by National Bank or one of its subsidiaries.
- This promotion may be modified or withdrawn without prior notice.
- This promotion can't be combined with any other promotion applicable to chequing accounts, an exclusive offer or The Connected® package.
® THE CONNECTED, and NATIONAL BANK are trademarks of National Bank of Canada.
® Interac e-Transfer is a registered trademark of Interac Corp. Used under licence.
® Google Pay is a trademark of Google LLC.
® Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries and regions. Apple Inc. is not a sponsor of or participant in National Bank Mobile Banking Solutions.
Transaction fees:
- Free Interac ® e-Transfer 2
- Free online fund transfers between your National Bank accounts 5
- Free online bill payments 5
- Free debit card purchases 5
- Free online statements
- Free access to cheque images
- Overdraft protection: $5/transaction
- Bank drafts in CAD: $9
- Stop payments: up to $30/transaction
- Statements by mail: $2.50/month per account
- Free withdrawals, bill payments and other transactions at National Bank ABMs
- Withdrawals and transactions at another financial institution's Interac ® banking machine: $2
- Withdrawals and transactions at another financial institution's Cirrus® banking machine: $5
- Free withdrawals and transactions at ABMs of financial institutions in THE EXCHANGE® network
For more information on fees for National Bank's products and services, consult the Fee Guide - Personal Banking Solutions pamphlet.
1. Applicable conditions:
- Discounts are applied upon presentation of supporting documents.
2. No fees for sending an Interac e-Transfer®.
3. Transactions carried out at our ABMs, a participating merchant, through our online banking services (including our call centre) or those related to certain operations in your account.
4. Valid at all National Bank of Canada ABMs and nearly 2,500 THE EXCHANGE® Network ABMs.
5. Free fund transfers can be carried out via your online bank, the National Bank app or our telephone banking services.
® THE CONNECTED and NATIONAL BANK are trademarks of National Bank of Canada.
® MASTERCARD is a registered trademark of Mastercard International Inc. Authorized user: National Bank.
® THE EXCHANGE is a registered trademark of Fiserv Inc.
® CIRRUS is a registered trademark of CIRRUS SYSTEM Inc.
