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Student Money

Smart Student Banking

Setting up your Canadian financial foundation. Compare no-fee student accounts and learn how to protect your money.

What to bring to the bank:

  • Valid Passport
  • Study Permit (IMM 1442)
  • Proof of Enrollment (Your College Acceptance Letter or Student ID)
  • A temporary or permanent Canadian address

The Big Five

Compare student accounts

All of Canada's major banks offer no-fee student packages.

TC

TD Canada Trust

TD Student Banking Package

  • $0 monthly fee
  • Unlimited transactions
  • No TD fee on international money transfers
Visit Official Website
S

Scotiabank

Student Banking Advantage Plan

  • $0 monthly fee
  • Unlimited transactions
  • Earn Scene+ points on grocery & movie shopping
Visit Official Website

Core Rules for International Students

Building Credit Score

Getting a student credit card early, keeping your spending under 30% of the limit, and paying it off in full every single month is how you build a healthy Canadian credit score.

Protect your PIN & SIN

Never text or email your Social Insurance Number or banking PIN to anyone.

Scam Awareness

Canadian banks will never text or call you to ask for your password or verification codes. If they do, hang up.