There are many banks in Canada that are very student friendly and end up giving perks to students so its better to do a through research before making a bank account in the following banks: Scotia bank, HSBC, BMO, RBC, TD, CIBC
Most students just require a checking account where you can deposit money and withdraw and also have the option of getting a credit card but only get a credit card if you can maintain a good credit score or else in the future it can be create problems. A savings account is opened to collect money for emergencies. its advisable to choose a bank which has an ATM on the university campus of your choice because if you withdraw money from any other ATM you are charged a certain amount so as a student you would like to save that money. Be wise and choose carefully.
This reply was modified 3 months, 3 weeks ago by Joyti Sharma.
one of the many prerequisites is to carry two pieces of identification. It could be your passport, LOA, travellers cheque, study permit. Select a bank/credit union, choose your account type(s) checking account, savings account, foreign currency account.Thereafter the bank gives you your debit card with a pin which you should not share with anyone and use anATM for withdrawal of money , deposits. you can also sign up for a cedit cad. Hope this helps you.