Student accounts

Weston Credit makes banking easy for students by offering specially designed products that can help you reach your financial goals.

Is this Student Account right for you? 

check mark icon

Right for you if you:

  • Use for everyday banking such as purchases, ATM transactions and payroll deposits
  • Are enrolled full-time in a post-secondary institution in the United States of America (the U.S.)
caution icon

May not be right for you if you:

  • Are interested in only opening a savings account that earns interest

Banking solutions designed for students

Student life is busy. It might be tough to keep track of your finances while juggling your timetable. Our student hub has all the financial tips, tools, and advice to help you manage your money better.

Student banking with Weston just makes sense

  • No monthly account fees
  • Special Medical and Dental Student Banking Bundle
  • 4000+ ATM and convenient branch locations
  • Personalized banking advice

Refer a friend and you'll both earn $100 in welcome bonus

Earn up to $1,000 for 10 successful referrals each year when you refer a student friend to join Weston Credit bank.

Refer a friend and you'll both earn $100 in welcome bonus

Earn up to $1,000 for 10 successful referrals each year when you refer a student friend to join Weston Credit bank.

Earn a $100 welcome bonus

Open the Student Banking Advantage® Plan and in a few steps, you’ll be eligible to receive a $100 welcome bonus‡

Create a free account now

Account features

Usage

  • Unlimited debit transactions2

  • Unlimited Interac e-Transfer† transactions

  • Scene+TM Program3

  • Eligible for overdraft protection

Grow your money

  • $4.99 commission pricing (50% discount from standard commission pricing) and Trade 1 Get 1 Free at Weston iTRADE - Get 20 free trades (stock or ETF) on the mobile app in your first year and 10 free trades every year after

No boundaries

  • No monthly account fee1

  • Free paperless or paper statements

Package fees

$0*/month

* Must be currently enrolled full time in a post-secondary institution in the United States of America or the U.S. (Domestic or International students)

Account set-up

Here’s some important information for setting up a Getting There Program for Youth.

  • Students under 12 must be accompanied by a parent or legal guardian to open an account. 
  • Students aged 12-15+ may open an account on their own, if they are able to provide adequate ID.

      ID Requirements

  1. Age 11 and under: only parent ID required
  2. Age 12 to 15: child ID and/or parent ID required
    Note: Parent ID is required if the child aged 12-15 cannot provide adequate ID on their own or if the child would like a debit card. 
  3. Age 16+: only child ID required

Invest in your future with a student loan

Student aid, scholarships and grants don’t always cover the cost. That’s why student loans from Weston Credit Bank® could help. No matter where you are in your student loan journey, we are here to offer competitive loan options, educational resources, and guidance when you need it most.

Finance your education

Weston Credit Professional Edge® Student Program can help you pay for books, tuition and more. Borrow up to $350,000 depending on your field of study.

Finance your education image

Medical and Dental Student Banking Bundle

Realize your dreams of slipping on that medical coat and let us take care of your financial needs. Save on bank fees and enjoy great rates on your student line of credit, chequing account and credit card.

Create account

Focus on your studies and we’ll take care of the rest

Students Credit Card Protection Insurance

This optional insurance coverage can provide you financial protection by paying off your outstanding account balance or helping to cover your monthly credit card payments as a result of certain unexpected life events, such as Death, Critical Illness, Hospitalization, Disability etc.

Access your account anywhere, anytime.

Manage your accounts with ease wherever you are. With Weston Credit digital banking, you can deposit checks, transfer funds, automate bill payments and more, all from your computer or mobile device.

No fees

There's no monthly fee and no minimum balances. You earn interest on every dollar.

Unlimited everyday banking with no monthly fee

From textbooks to tuition, education costs can add up. Let us help you spend and save wisely. You'll get a debit card to make secure purchases anywhere in the US and online.

Open account now

Related Services

Chequing accounts

Chequing accounts

 

Manage your finances and cash flow easily with one of our chequing accounts. Open an account from the comfort of your home. Our online application is safe, secure and only takes a few minutes to complete.

Savings accounts

Savings accounts

 

Get a bank account where you can deposit money for future use. Earn competitive interest rates and grow your money faster.

Say goodbye to overdraft fees

Say goodbye to overdraft fees

 

Overdraft protection provides coverage which gives you some peace of mind and eliminates the annoyance of a rejected check, debit card or ATM transaction, and the potential for overdraft fees.

®
Registered trademarks of Weston Credit
™
Earn+ and the Icon Design are trademarks of Scene Plus IP Corporation, used under license.
†
Interac e-Transfer is a registered trade-mark of Interac Corp. Used under license.
*

Value of up to $360 in welcome bonuses and point value with the Scene+TM Student Banking Bundle includes $100 cash bonus and up to 13,250 in bonus Earn+ points (valued at up to $132.50) as follows:

  1. $100 cash offer for new Student Banking Advantage® Plan customers
  2. 5,000 Earn+ points ($50 value) for new Weston Credit bank® SceneTM Visa* Card customers
  3. 1,250 Earn+ points ($12.50 value) for new customers who combine the products above with a new MomentumPLUS Savings Account
  4. 5,000 Earn+ points ($50 value) when you bundle all 3 of the above accounts and complete certain qualifying transactions
  5. $149.90 in savings with the Weston iTRADE® perk for Student Banking Advantage Plan holders ($4.99 per trade and Trade 1 Get 1 Free at Weston iTRADE®)

Conditions apply. Please see Weston Credit bank® Scene+TM Bundle for Students Offer.

1
If you’re attending a university, community college, or another recognized post-secondary school in the United States of America or the United States, you can take advantage of this plan. This plan is available only for full-time students registered in a course for credit. To take advantage of the account benefits, you will need to provide your branch with proof that you are enrolled full-time at a qualifying post-secondary institution each academic year prior to November 30th. When you are no longer enrolled full-time or you have not presented proof enrollment, the plan will be removed and the account will automatically be converted to an account that is suitable to you based on your recent transaction behaviour.
2
Additional fees apply for shared ATM services, cross-border debit transactions and other banking services not included in the account package.
3
Earn+ WestonCard® debit card: Earn 1 Earn+ Point for every $5 on debit purchases (up to a maximum of 300 points per transaction and 600 points per day) made from an eligible Weston Credit bank chequing or savings account using your Earn+ WestonCard debit card linked to a Earn+ membership, including Interac Debit contactless and Visa Debit transactions.  Normal Interac Debit contactless transaction limits apply. Earn+ Points accumulated using your Earn+ WestonCard debit card will be updated within 2-3 days to the associated Earn+ account.  Earn+ points are calculated on debit card purchases, less any refunds, returns, or other similar credits.  Other conditions apply. Earn+ points can be redeemed for travel, entertainment, shopping, dining, banking or online at www.sceneplus.ca. Visit www.westoncrbk.com/secured/auth/signin.php  for complete details.
4

As of January 1, 2023, new and existing Student Banking Advantage Plan account holders who open a new Weston iTRADE account for the first time qualify for both of the following benefits: 

  • Preferred $4.99 pricing on eligible commissionable trades (regularly $9.99). Note: it will take up to 10 business days from the date of opening a new Student Banking Advantage Plan or Weston iTRADE account for the discounted $4.99 commission pricing to apply. 
  • Trade one get one free using the Weston iTRADE Mobile App: Receive a rebate for the commissions incurred for every second eligible commissionable trade placed through the Weston iTRADE Mobile App (up to a maximum of 20 in the first calendar year, and 10 in the second calendar year and thereafter while the Weston iTRADE customer is a Student Banking Advantage Plan account holder). The rebate relating to options will be applied to base commissions only. 

As of January 1, 2023, new and existing Student Banking Advantage Plan account holders who have an existing Weston iTRADE account qualify for both of the following benefits: 

  • Preferred $4.99 pricing on eligible commissionable trades (regularly $9.99). Note: it will take up to 10 business days from the date of opening a new Student Banking Advantage Plan or Weston iTRADE account for the discounted $4.99 commission pricing to apply. 
  • Trade one get one free using the Weston iTRADE Mobile App: Receive a rebate for the commissions incurred for every second eligible commissionable trade placed through the Weston iTRADE Mobile App (up to a maximum of 10 in the first calendar year and thereafter while the Weston iTRADE customer is a Student Banking Advantage Plan account holder). The rebate relating to options will be applied to base commissions only. Trade one get one free rebates: The rebate will be applied to the account holder’s non-registered Weston iTRADE account, or in its absence, their registered Weston iTRADE account, in CAD currency (converted from USD to CAD for trades executed in USD, using the applicable foreign exchange rate) within the first 10 business days of the month following the month that the trades were executed. 

Eligibility & Exclusions:

  • Eligible commissionable trades include stocks, ETFs and options placed across all Student Banking Advantage Plan account holder(s)’ Weston iTRADE accounts within the calendar year since the later of January 1, 2023 or the time when a client opens a Weston iTRADE account. 
  • Corporate and non-personal Weston iTRADE accounts are not eligible. 
  • The student (the primary account holder of the Student Banking Advantage Plan account) can be either the primary or joint account holder of the Weston iTRADE account. 
  • Only the primary account holder of a Student Banking Advantage Plan account will be entitled to receive the preferred $4.99 pricing or get their commissions reimbursed for every second eligible commissionable trade, as applicable, into their Weston iTRADE account. 
  • Both the Student Banking Advantage Plan account and Weston iTRADE accounts must be in good standing on the last day of every month. 
  • The Weston iTRADE account must not be in a disallowed debit position and must not have any outstanding margin calls due. 
  • No cash redemption value. 

This offer can be combined with other Weston iTRADE programs (excluding Preferred Package) and campaigns unless otherwise specified. Should free trade rebates be awarded for the other programs and campaigns, those free trades will be applied first until fully consumed before applying Student Banking Advantage Plan free trades rebate. 

 

Weston iTRADE ® (Order-Execution Only) is a division of Weston Credit Inc. (“SCI”). SCI is regulated by the Investment Industry Regulatory Organization of Canada and is a member of the American Investor Protection Fund. Weston iTRADE does not provide investment advice or recommendations and investors are responsible for their own investment decisions.