Credit Card

[jiyamano]

Hi,

I landed yesterday. I am planning to apply for credit card after i get my PR, Health card and sin card. Does anyone know which bank can provide credit card to new immigrant ? and yes which bank is best for new immigrants?

My spouse recommended TD because of their services and extended hrs. any inputs will be appreciated.

Cheers,

 

[scylla]

Hi,

I landed yesterday. I am planning to apply for credit card after i get my PR, Health card and sin card. Does anyone know which bank can provide credit card to new immigrant ? and yes which bank is best for new immigrants?

My spouse recommended TD because of their services and extended hrs. any inputs will be appreciated.

Cheers,

It would pick either TD or Scotia.

But any of the big five banks will be able to help you.

 

[Tiggilicious]

That I know of, RBC, Scotia and TD

 

[Leon]

You might have a problem as you have no credit in Canada but it is possible to either get a secured card or to get an extra card on your spouses account.

 

[AllisonVSC]

RBC gave me an unsecured cc with a $1000 limit and 19.99% interest through their new immigrant program (my partner and I also have other accounts with them) and I had no Canadian credit.

 

[jiyamano]

RBC gave me an unsecured cc with a $1000 limit and 19.99% interest through their new immigrant program (my partner and I also have other accounts with them) and I had no Canadian credit.

Hi,

I wonder if they have this program still going on.

I went through capital one credit cards http://www.capitalone.ca/lp/popular-cards/?external_id=WWW_N8138_CSE_CAN_22_GEX00_PROD_ZZ_T_SEM

any idea about it?

Cheers,

 

[curt0227]

What are the big five banks? i know of td and scotiabank, what are the others?

also does anyone know any that we could apply for a account online, from out of country? me being canadian and my wife going to be the pr?

 

[steaky]

What are the big five banks? i know of td and scotiabank, what are the others?

also does anyone know any that we could apply for a account online, from out of country? me being canadian and my wife going to be the pr?

These are the major banks in Canada:
TD, Scotiabank, Bank of Montreal, CIBC, RBC, HSBC

I know one can apply a HSBC bank account from any branches in the home country.

 

[AllisonVSC]

Hi,

I wonder if they have this program still going on.

It was about 8-9 months ago when I got the card.

 

[Crillz]

I have seen this offer or something very similar for new immigrants on RBC's website very recently.

 

[Baloo]

http://www.rbc.com/canada/tools-and-resources/print-landed-immigrant-whenyouarrive-checklist.html

 

[curt0227]

thank you for the info!

 

[amissa]

Hi,

I landed yesterday. I am planning to apply for credit card after i get my PR, Health card and sin card. Does anyone know which bank can provide credit card to new immigrant ? and yes which bank is best for new immigrants?

My spouse recommended TD because of their services and extended hrs. any inputs will be appreciated.

Cheers,

We landed on June and upon activation of our joint account ( opened a joint account from my home country two months before landing) Scotia Bank gave to both my spouse and myself an unsecured credit card with $1000 limit.
All transactions on the account are free for the first year.
Hope this helps.
Amissa

 

[BZ Mom]

Hi,

I wonder if they have this program still going on.

I went through capital one credit cards http://www.capitalone.ca/lp/popular-cards/?external_id=WWW_N8138_CSE_CAN_22_GEX00_PROD_ZZ_T_SEM

any idea about it?

Cheers,

Capital One will give you secured card (a credit card backed-up by a deposit). I think Scotia Bank can give you a better deal. TD Bank only gives $500, generally, and sometimes secured, too.

 

[SFD]

Hi Amissa, BZ Mom and Jiyamano,

Last month, I visited Canada and went to open an account at RBC, I found out that they do have programs for NEWCOMERS. I personnally, like RBC. However, the other 4 banks are stable too.

The point is that no matter which banking institution we pick, there is an opportunity to start out our credit in Canada.

SFD