Skip to main content
Student Sitting in Classroom

Student Accounts

Students unlock up to $400*!

Open a student chequing account, pay bills, boost your savings, and build credit.

Already a member? Get started online.

How to make the most of this offer

Check mark

Earn $100 by opening a new student chequing account*

Check mark

Earn $50 by making a minimum of two bill payments through your new student chequing account over a two-month period*

Check mark

Earn $100 by opening a new student line of credit*

Check mark

Earn $100 by opening a new registered savings account (RRSP, TFSA, FHSA)*

Check mark

Receive a $50 statement credit after your FirstOntario Visa application has been approved*

  1. The student bundle offer promotion period is from June 17, 2024 to September 15, 2024 (the “Promotion Period”).
  2. Eligibility for the $100 student chequing account offer: Open a new student chequing account (Premium Student or Premium Unlimited Student), (the “Student Chequing Account”) during the Promotion Period. You are not eligible to receive the $100 if you hold an existing chequing account with FirstOntario Credit Union Limited (“FirstOntario”).
  3. Eligibility for the $50 student chequing account bill payment incentive: Open a new Student Chequing Account during the Promotion Period and make a minimum of two bill payments through your new Student Chequing Account over a two-month period.
  4. Eligibility for the $100 student line of credit offer: Open a new student line of credit during the Promotion Period. Must hold an active Student Chequing Account to qualify for this offer.
  5. Eligibility for the $100 registered account offer: Open a new registered savings account (RRSP, TFSA or FHSA) during the Promotion Period. Must be 18 years of age or older and hold an active Student Chequing Account to qualify for this offer.
  6. You are also eligible for a Collabria Visa student rebate. View the terms and conditions here.
  7. These offers are limited to one (1) per eligible primary accountholder and/or cardholder. Joint account holders and/or cardholders are not eligible to be awarded any of the incentives.
  8. These offers cannot be combined with any other offer.
  9. All rewards associated with this offer will be deposited into a FirstOntario Student Chequing Account. The Student Chequing Account must be open and active for any of the above-mentioned rewards to be deposited.
  10. Rewards will be deposited the week after all eligibility requirements are met.
  11. This offer is not available to FirstOntario employees or members who are joint on a chequing account or FirstOntario Visa credit card with a FirstOntario employee.

Student life made simple

Our student banking products are designed specifically to meet the unique financial needs of students. From a chequing account with no monthly fee, to a low-interest rate line of credit, we are here to help you navigate your financial journey while you focus on your education.

Chequing accounts

Students are eligible to receive our Premium plan for no monthly fee or enjoy 50% off our Premium Unlimited plan.

Student Line of Credit

Our low-interest rates will give you one less thing to worry about while you are studying.

Browse our credit cards

Start building credit for the life you want with a low-interest rate Visa card.

Two Student Discussing Apartment Layout

Get the right coverage for your academic journey

From tenant insurance to auto insurance, FirstOntario Insurance Brokers provides you with the right coverage to give you peace of mind during your academic journey and beyond.

Financial Literacy with FirstOntario

As a student, building credit allows you to become financially independent by allowing you to qualify for loans, and other financial products enabling you to manage your own finances and make important financial decisions for your future.

Watch this Fintips episode on Good Debt vs Bad Debt

In the second episode of FinTips, learn about the difference between good debt vs bad debt and how maintaining a good credit score is crucial to your financial future.

You can find more FinTips episodes on YouTube.

Watch the FinTips playlist on YouTube ❐

Are you a student who's been working hard and making the most of your summer earnings?

As tempting as it may be to splurge on instant gratifications, building a habit of saving now can yield immense benefits in the long run.

Watch on YouTube ❐

Become a Member of FirstOntario Credit Union