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5 Great Banks Offering Credit Cards for Newcomers to Canada

A credit card will help you transition into your new home and build a credit history in Canada. Some of Canada’s biggest banks offer a wealth of options for newcomer immigrants. While most lenders will normally check your credit history to help with their decision, some do not require credit history when you apply for credit.
Building good credit helps you save money on interest rates and get approved more easily for things like cell phones, lines of credit and car loans. Explore credit card options for newcomers to Canada from the following Canadian banks;
RBC Newcomer Advantage: you can apply for your first Canadian credit card—no credit history required. Your credit limit can increase as your income goes up and you become more established. We offer cards with no annual fee3, cash back cards, RBC Rewards cards and more. Starting a new business in Canada? We can help with your borrowing needs.
Scotiabank StartRight Program: The StartRight Program can help you start banking in Canada with access to credit, savings, no-fee international money transfers and help from Financial Advisors.
CIBC Welcome To Canada Banking Package: CIBC credit card helps you build your credit history in Canada. Does not require security deposit, income or credit history. However, you need to have another eligible CIBC banking product.
BMO NewStart Program: BMO NewStart Program gives special offers on accounts and services to help you save money and establish your financial future. It also gives a no annual fee BMO CashBack Mastercard which comes with a 5% CashBack welcome offer.
TD New to Canada Banking Package: Offers an unsecured TD Credit Card which can help you build your Canadian credit. If you are a Canadian Permanent Resident, you are eligible for a credit limit of up to $5,000, even if you have no credit history.

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