TOPIC

Bank account/credit card for new immigrants

Discussion started on 28 Mar 2014
ID: #46
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eddoo
COMMUNITY MEMBER
eddoo Posted on 16 May 2013, 17:50
OK, so after what PC Financial did to my account (they closed it while I was away from Canada) I need to open a new one somewhere else. I am not driving at the moment and wont be for the forseeable future so I need a bank that has convenient branch/ATM locations. And yes, I can do with a free, unlimited transactions account please . Any suggestions?
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CanadaJimm
COMMUNITY MEMBER
CanadaJimm Posted on 16 May 2013, 17:52
Where are you in Canada? Coast Capital are pretty good in BC for free unlimited transactions. Most Credit Unions (equivalent to Building Societies) have free unlimited accounts.
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eddoo
COMMUNITY MEMBER
eddoo Posted on 16 May 2013, 17:55
Hi Jimmy, I'm in Calgary.
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Mikeypm
COMMUNITY MEMBER
Mikeypm Posted on 16 May 2013, 17:57
Scotia Bank have a good immigrants account offer where they provide 12 months free transactions. It might be a good place to start, you can always change banks later
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eddoo
COMMUNITY MEMBER
eddoo Posted on 16 May 2013, 17:59
Thanks for the tip Mike. I'll find a Scotia Bank branch nearby to see what's on offer.

Any idea if RBC has any good deals going on for new immigrants? And is it any good?
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Mikeypm
COMMUNITY MEMBER
Mikeypm Posted on 16 May 2013, 18:00
Not sure about RBC, although my sister and brother in law bank with them and have no complaints with the service. I'll see if I can find if they have any offers and get back to you 
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Siouxie
COMMUNITY MEMBER
Siouxie Posted on 16 May 2013, 18:02
Yes, RBC offer a package as well. I would suggest comparing the two 

http://www.rbc.com/canada/banking-packages/index.html

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yzf.shaun
COMMUNITY MEMBER
yzf.shaun Posted on 16 May 2013, 18:04
BMO Club Sobeys is a good one if you want no fee with real branch locations. 

Not sure if they would be any use on the credit card side of things. I went with the RBC Welcome to Canada pack. 

Credit card issued with no hold. After 6 months limit raised and issued a second card + overdraft. No complaints so far other than the fees 
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scootb
COMMUNITY MEMBER
scootb Posted on 17 May 2013, 18:05
I'm with Scotiabank,apart from getting my name back to front they have been really good!
__________________
Mar 2013 Listed on LMO.
April 2013 Land at Edmonton and start work!
May 2013 Bought Dodge Caravan.
June 2013 Bought a bed!
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Mikeypm
COMMUNITY MEMBER
Mikeypm Posted on 18 May 2013, 18:07
back to front 
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