A bank account, credit card and line of credit built for students
Choose National Bank to save on fees and benefit from a bank account, credit card and line of credit built for students.
If you’re between 14 and 24 years old, enjoy The Connected® chequing account with no fixed monthly fees1
A National Bank mycredit™ Mastercard credit card2
A line of credit for unexpected expenses3
Choose a financial product that fits your needs:
The Connected® chequing account
Enjoy free unlimited digital transactions and use of Interac e-Transfer®.
The mycredit Mastercard credit card for students
Get up to 1% cashback and mobile phone damage protection.
Your student line of credit
Focus on your studies when you apply for a student line of credit tailored to your needs.
Our specialized offers based on your field of study
What are you studying?
Check to see if one of our offers matches your field of study to enjoy even more benefits and savings.
Offer for professionals
Do you have your diploma, or will you receive it soon?
Check out our various offers for professionals. We’re by your side as you start your care
Offer for newcomers
Open a bank account in Canada
Are you coming to Canada for your studies? Enjoy a bank account with no fixed monthly fees for up to 3 years.4
Tip!
Did you know that by signing up for our offer for students, you can transfer your student line of credit to National Bank for up to 6 months after you graduate while enjoying your benefits?5
Get quick help when you contact us through Facebook Messenger.
Make an appointment with one of our experts either in-person, over the phone, or by video call.
® THE CONNECTED and NATIONAL BANK are registered trademarks of National Bank of Canada.
® MASTERCARD is a registered trademark of Mastercard International Inc. Authorized user: National Bank of Canada.
Eligibility criteria
Minimum age: Age of majority in the province or territory where you live
Legal status: Canadian resident
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.
Cashback of 1%
Subject to credit approval by National Bank of Canada. The cashback granted is 1% on restaurant purchases and on recurring pre-authorized payments when you use recurring automatic transfers with your mycredit account. The cashback of 0.5% applies to all other eligible purchases during a billing cycle. The account must be in good standing when the cashback is awarded. Your account is in good standing when you comply with the obligations of your cardholder agreement (e.g., making your minimum payment by the due date). These eligible automatic transfers are defined as regular payments automatically withdrawn by a merchant on your credit card. Balance transfers, cash advances and fees resulting from the use of the card are excluded from the cashback calculation. For conditions and restrictions that apply to cashback rewards, refer to the Cashback Program [PDF].
Grace period
No interest will be charged on purchases made during the month, provided the client pays the balance in full within twenty-one (21) days of the statement date. This grace period does not apply to cash advances or balance transfers. Minimum payment: If your account balance is lower than $10, you must pay the entire balance. If you reside in the province of Quebec, your minimum payment will correspond to 5% of the credit card account balance plus any overdue payment or $10, whichever amount is higher. If you reside outside of Quebec, your minimum payment represents 2.5% of the credit card account balance plus any overdue payment or $10, whichever amount is higher. Account statement: A statement is sent monthly.
Example of credit charges over a 30-day period
Annual interest rate |
Average balance |
|
|---|---|---|
$500 |
$3,000 |
|
22.49% |
$9.24 |
$55.45 |
20.99% |
$8.63 |
$51.76 |
13.45% |
$5.53 |
$33.16 |
9.45% |
$3.88 |
$23.30 |
*Variable interest rate in effect on September 1, 2021
Balance transfers and cash advances
Subject to credit approval by National Bank. Each balance transfer
must be at least $250.
Mobile protection
Subject to the mobile device’s purchase with the card or mobile plan settled by recurring pre-authorized payments from your mycredit account.
Eligibility criteria
You must meet the following criteria:
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.
Subject to credit approval by National Bank.
Interest rate on the student line of credit
Prime (P) = ${p1.tauxBase|percent:"true"}
| Rate |
|
| Student line of credit |
P + ${p1.ecart|percent:"true"} = ${p1.taux|percent:"true"} |
