Opening a bank account/credit card

[gauravbajaj25]

Hi guys,

We completed our landing and received our PR card in July 2016. We live in the US on H1B and so far, we've spent around 5 weeks in Canada on vacation etc. and are planning to permanently move to Canada in June next year.

• I was wondering if it makes sense to visit Canada and open up a bank account/credit card before we finally move there?
• Would it help with building the credit score?
• Also, since I don’t have a permanent address/Canadian pay stubs - will opening a bank/credit card be a problem?

Thank you.

 

[APPNOV2014NY]

Yes. It will help in credit building. Most people have manged to open bank account without permanent address.