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​​Study hard. Bank easy. Get rewarded. 

When studying hard feels like a full time job, successfully completing your education is enough to worry about. Bank easy, look to FirstOntario for help. We have the products and services students need, plus we’ll sweeten the deal with up to $150 in cash rewards!

The Offer*

  • Open a new Be FREE Chequing account and you get $25.
  • Set up a direct deposit and we’ll give you another $50.
  • Get approved for and activate a Student Visa and we’ll put $25 into your chequing account.
  • Get approved for a student line of credit and you’ll earn another $50

*This offer is only available for a limited time.
*Subject to terms and conditions.

Student Visa

​Our Student Visa credit card offers a fixed interest rate of just 11.90%. Plus – no annual fee.

Student line of credit

​Borrow up to $40,000 over four years ($10,000 per year) at great rates.

Be FREE Chequing

​Save on bank fees, get access to over 3,700 ding-free ATMs and enjoy online and mobile banking.  

Terms and Conditions

  1. The Student Banking promotion period is from July 15th to September 30th.
  2. You must be a Member of FirstOntario Credit Union, or become a Member of FirstOntario Credit Union in order to be eligible for all offers within the Student Banking promotion. 
  3. Eligibility for the $25 Chequing Account Offer: Open a new chequing account (Be FREE or Be FREE and More chequing account) during the promotion period to receive $25. The account must be opened by September 30, 2019. You are NOT eligible to receive the $25 if you have held another chequing account with FirstOntario, in the past 11 months. 
  4. Eligibility for the $50 Recurring Direct Deposit Offer: Members must set-up a new, recurring direct deposit in an existing chequing account, or a newly opened chequing account that meets the requirements for the $25 Chequing Account Offer available during the promotion period. Change to “Members must set-up a new, recurring direct deposit in a FirstOntario chequing account;  the Member cannot have had a direct deposit set-up in their chequing account over the past 6 months.  The direct deposit must be for a pension or payroll and must be at a minimum frequency of monthly; i.e. the direct deposit must occur at least every month.  The direct deposit must occur twice by November 30, 2019 and the total value of the two direct deposits combined  a minimum of $250.  
  5. Eligibility for the $25 FirstOntario Visa Offer: Members must have a FirstOntario chequing account, or must take part in the $25 Chequing Account Offer available during the promotion period, and must be approved for the FirstOntario Visa credit card by September 30, 2019. 
  6. Eligibility for the $50 Student Line of Credit Offer: The Member must have a FirstOntario chequing account, or must take part in the $25 Chequing Account Offer available during the promotion period, and the application for a Student Line of Credit must be approved by October 4, 2019. The $50 reward will be paid once the Student Line of Credit has been opened and the funds have been made available to the Member.
  7. These offers are limited to 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 chequing account. The chequing account must be open and active in order 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.

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