Starting school can be an overwhelming time. So many things to get ready! Which duvet will best communicate to your new roommate that you’re a cool human? How to setup your schedule so you never have to wake up before 11? And which coffee shops accept your meal plan card?

But if you’re an international student ‑ you have a whole other list of things to worry about. Mainly, money things.

Here’s what you need to do:
1. Get your paperwork in order

When you come into a TD branch to set up your account, you’ll need to bring 2 pieces of ID.

a) One from this list:

• Permanent Resident Card
• Confirmation of Permanent Residence (IMM Form 5292)
• Temporary permit (IMM Form 1442, 1208, 1102)

b) AND one from this list:

• A valid passport
• Canadian or USA Driver’s License
• Canadian Government Identification Card

If you’re planning on opening up a student account, you may need to present a valid student ID. Other identification documents may be acceptable or required. Please visit a TD branch for details.

2. Get a chequing account

You’re going to want a Canadian dollar student account that doesn’t have any monthly fees. A Canadian account will make it easy to withdraw money, send money transfers to your roommates, and shop online.

3. Get a savings account

This might seem like a bit of a stretch because the words “saving” and “student” don’t usually go in the same sentence. But you probably have a bunch of money saved either from your job, parents, or even a scholarship. You might consider putting some or all of that money into a savings account, then transferring yourself what you need each month into your chequing account. That way, whatever money is in your chequing account—you can spend!

4. Get a credit card

The easiest way to help build your credit rating here in Canada is by having a credit card. Building your credit rating now will allow you to borrow money in the future for things like a car or a home. Choose from a variety of TD Credit Cards with amazing features such as no annual fee, competitive low variable rate, or travel rewards. Visit your nearest TD branch for details.