Newcomer Packages from Banks
Many Canadian banks offer “Newcomer Packages” specifically designed for recent arrivals. These packages often include benefits such as waived fees, free banking for the first year, and products that help build credit. Here are some popular options:
- Royal Bank of Canada (RBC) Newcomer Advantage: Comprehensive newcomer banking with fee waivers and tools to help you start building credit.
- BMO NewStart® Program: Includes free banking for the first year, credit-building options, and exclusive newcomer services.
- CIBC New to Canada Banking: Offers special accounts, credit cards, and financial advice for newcomers.
- Scotiabank StartRight® Program: Provides easy account setup, fee waivers, and resources to help you settle financially in Canada.
- TD Canada Trust Newcomer Banking: Offers exclusive banking deals and personalized guidance to help newcomers settle.
