Banking

Open a Canadian bank account, build your credit score, and manage your money wisely.

Open a Newcomer Bank Account

Most major banks offer free newcomer accounts with no credit history required.

Key Information

Newcomer Bank Accounts

TD, RBC, Scotiabank, BMO all offer free newcomer packages. No credit needed.

Building Credit

Get a secured credit card to start building credit history from day one.

Interac e-Transfer

Canada's primary way to send money instantly between Canadian bank accounts.

Sending Money Home

Wise, Remitly, Western Union. Compare fees and exchange rates before sending.

TFSA

Tax-Free Savings Account. Any Canadian resident 18+ can open one.

Credit Score

Equifax and TransUnion track your credit. Aim for 700+ for best rates.

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