Personal Finance

Any good newcomers to Canada banking package?

  • Last Updated:
  • May 5th, 2020 12:36 pm
[OP]
Jr. Member
Apr 15, 2019
115 posts
164 upvotes

Any good newcomers to Canada banking package?

Hi everyone, I hope this is the right thread to ask such a question so I apologize in advance if this isn't. Thanks

My friend recently had his PR approved and he's due to come to Canada(only after clearing all the COVID-19 testing) sometime next month and he asked me if there was good banking set up to go when he gets here. I told him about the HSBC one which gives $500 when he deposits $10000, which I believe is the best bonus that he can get. Plus he can open an online bank such as Tangerine/Simplii to go along with it.

https://www.hsbc.ca/new-to-canada/#fn-2

Does anyone know of any other or better package offered by financial institutions?
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