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Does National Bank work with Lodavo? How to connect National Bank of Canada

By Benjamin Thomas Published

Lodavo compatibility

Supported
Connection
You sign in through Plaid’s secure connection; Lodavo gets read-only access and never sees or stores your login.
Account types
Chequing, savings, TFSA, GIC
Official site
nbc.ca

If you bank with National Bank of Canada, the short answer is yes: National Bank works with Lodavo. The sixth of Canada’s Big Six serves 3.1 million clients as of early 2026 and sits on Plaid’s Canadian network, so a National Bank chequing, savings, or TFSA balance links in a couple of minutes. Save there, earn free tickets, and every week you’re in a draw for up to $10,000.

How to connect your National Bank account to Lodavo

Two minutes inside the Lodavo app:

  1. Download the free Lodavo app and sign up.
  2. When you’re asked to connect a bank, choose National Bank of Canada.
  3. Sign in on Plaid’s secure screen. Lodavo doesn’t get your password.
  4. Select the National Bank account to track, and you’re finished.

After that, the saving you do at National Bank is what gets you tickets, week by week.

Is it safe? What Lodavo can and can’t see

Yes, it’s safe, and the design is deliberately limited. Two things hold true every time:

  • Lodavo never sees your National Bank login. You authenticate through Plaid’s secure flow, and only scoped access comes back, not your username and password.
  • A balance is the whole of it. The access is read-only and stops at the number in the account you chose, which is what your weekly tickets are based on. Your transactions and your other National Bank products sit outside it entirely.

That narrow limit is also how the weekly draw stays provably fair, and you can disconnect National Bank from inside Lodavo whenever you want.

Which National Bank account should you track?

Connect the National Bank account where your savings actually sit. Most users link one of:

National Bank accountGood to track if
National Bank chequingYou keep a steady cushion in your everyday account
National Bank savingsYou set money aside in a dedicated savings account
National Bank TFSA (savings)You save inside a deposit-based Tax-Free Savings Account

Link several and their balances add up. What’s out of scope for now is an investment or brokerage account, such as a self-directed TFSA or a National Bank Direct Brokerage account, so choose one where your money sits as a cash balance. The bigger the balance you keep, the more tickets come your way each week. No minimum applies.

Troubleshooting a National Bank connection

If a connection doesn’t go through on the first try:

  • Make sure you’re entering your current National Bank login details on the secure connection screen, exactly as you would on National Bank’s own site.
  • Complete any verification step National Bank prompts you with (a one-time code, for example).
  • If a previously linked account stops updating, reconnect it from inside Lodavo to refresh the link.

National Bank is well supported, and most snags clear on a second attempt.

Why prize-linked savings fits National Bank customers

Canadians aren’t saving much right now. The household saving rate slipped to 3.5% in the first quarter of 2026, the lowest since early 2024, according to Statistics Canada. Prize-linked savings is aimed squarely at that: a fun reason to keep adding to the account, with nothing locked up.

There’s a nice bit of symmetry here too. National Bank is headquartered in Montreal, and after its 2025 acquisition of Canadian Western Bank it now reaches coast to coast. Lodavo is built in Montreal by a Canadian team. Save the way you already do, and the money you keep in your National Bank account earns free tickets toward a weekly prize of up to $10,000. Think of it as a free bonus sitting on top of the bank you already use.

Terms and conditions apply. No purchase necessary (alternate method of entry available). Skill-testing question required. Open to legal residents of Canada who are the age of majority. Odds depend on the number of eligible entries received. Full rules and odds at our contest rules.

Frequently asked questions

Is it safe to connect my National Bank account to Lodavo?

Yes. You sign in on Plaid's secure screen, which keeps your National Bank login out of Lodavo's hands entirely. Nothing moves either: Lodavo hands out draw tickets, it never touches the account.

Which National Bank account should I connect?

Whichever one holds the money you've set aside, whether that's a chequing account, a savings account, or a deposit-based TFSA. You can link several. An investment or brokerage account, such as National Bank Direct Brokerage, is out of scope for now.

How do my tickets get worked out?

From the balance in the accounts you linked. It refreshes each week, so the more you have saved at National Bank when the draw comes around, the more tickets you hold. Saving more is the only lever.

Will connecting National Bank to Lodavo affect my online banking?

No. Your login, the National Bank app, and everything about how you bank carry on untouched. Disconnect from inside Lodavo whenever you want.

Canada’s first prize-linked savings app

The more you save, the more chances you get to win

Lodavo is free. Keep saving at the bank you already use, and earn free tickets in every weekly draw.

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