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18-24 years: no monthly fees with certain chequing accounts NBC

18-24 years: no monthly fees with certain chequing accounts NBC
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Having a chequing account is often expensive with traditional banks. While it’s tempting to open a chequing account with an online-only bank, there’s no substitute for quick access to a branch or advisor.

Particularly well established at Quebec and elsewhere in Canada, National Bank offers 4 levels of chequing accounts with different benefits:

And now, 18-24 year-olds will benefit from a discount of up to $15.95 per month on monthly fees for all these chequing accounts NBC. So, here are the monthly fees for each of these accounts for everyone between the ages of 18 and 24:

Chequing accountMonthly fee (regular)Monthly fee (18-24 years)
The Minimalist3,95 $0 $
The Connected15,95 $0 $
The Total28,95 $13 $

In concrete terms, with this new pricing, the best chequing account for 18-24 year olds is the NBC The Connected Chequing Account.

Chequing account National Bank's The Connected

The NBC The Connected Chequing Account offer:

  • Unlimited access to digital transactions
  • Access to THE EXCHANGE network counters at no extra charge
  • Special rates for online trading
  • Mobile cheque deposit
  • Interac e‑Transfers unlimited and free
  • Up to $30 off your credit card annual fee

And one important thing to remember: NBC offers attractive rates for many professions.

So it could be useful to you once you turn 25, if you’re in one of those professions:

  • administrative professionals
  • legal and business professionals
  • engineers and engineering graduates
  • health care professionals
  • health sciences specialists
  • nursing professionals

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Annual fee
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No annual fee the first year
Our valuation
$150
Milesopedia first-year estimateFirst-year valueAnnual fee rebated$150Total$150Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
Welcome offer
First Year Annual Fee Rebate
$150 annual fee rebated
Ends Nov 4, 2026
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on National Bank's website

With Milesopedia, take advantage of an exclusive offer: your first-year annual fees are refunded with the National Bank World Elite Mastercard. This offer is exclusively available on the Milesopedia network, from June 30 to November 4, 2026.

  • Refund of the first-year annual fee (a $150 value) for the primary cardholder. This fee is charged to your new card account, then refunded as a credit on your statement within five months of opening your account, provided it remains open and in good standing.

The National Bank World Elite Mastercard is the best Mastercard credit card offered by NBC.

With this card, you earn up to 5 points per dollar on your purchases:

  • 5 points per dollar for groceries and restaurants
  • 2 points per dollar on gas and electric recharge purchases
  • 2 points per dollar on recurring bills
  • 2 points per dollar on À la carte Travel
  • 1 point per dollar for all other purchases

And since it’s an NBC mycredit Mastercard, you can use it at Costco.

With this card, you have access to a $150 annual travel credit that you can use in any of these categories:

  • Airport parking
  • Baggage fees
  • Seat selection
  • Access to airport lounges
  • Airline ticket upgrades

What’s more, you can enjoy access to DragonPass airport lounges and unlimited access to the National Bank Lounge at Montreal-Trudeau.

Finally, Milesopedia has named the National Bank World Elite Mastercard as the Best Travel Credit Card in 2023, 2024, 2025, and 2026.

Annual fee

Primary card$150
Additional card$50

Annual income required

Individual$80,000
Household$150,000

Conversion fees

2.5%

Earning rate

  • 5xRestaurants
  • 5xGroceries
  • 2xTravel
  • 2xBills & recurring payments
  • 2xGas & EV
  • 1xAll spending

Value

1st Year Value$778
2nd Year Value$923

Card benefits

Airport lounge access$400
Travel creditsIncluded

Travel insurance

Travel medical (under 55)Up to $5,000,000 / 60 days
Travel medical (55-64)Up to $5,000,000 / 31 days
Travel medical (65+)Up to $5,000,000 / 15 days
Trip CancellationUp to $2,500
Trip InterruptionUp to $5,000
Delayed BaggageUp to $500
Lost BaggageUp to $1,000
Flight DelayUp to $500
Travel AccidentIncluded

Purchase protection

Purchase ProtectionIncluded
Extended Warranty+2 years
Mobile DeviceUp to $1,000 / 2 years
Auto Rental CollisionUp to $65,000 / 48 days

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