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Banking · Cross-border

Nova Credit Passport: transferring your Canadian credit history to the US

Nova Credit's Credit Passport is a consumer-permissioned product that pulls your Equifax Canada or TransUnion Canada credit file, translates it into a US-equivalent score and report, and routes it directly to a participating US lender during your application. For a Canadian with a strong domestic credit history, this is the closest thing to a portable credit identity. The product currently powers consumer applications at American Express, HSBC, and a handful of other US lenders. It does not work for traditional residential mortgages and is not a substitute for building a domestic US FICO file. It is, however, the fastest path to a meaningful US credit card on day one of US arrival.

Published April 30, 2026 Last reviewed April 30, 2026 ≈ 2,630 words · 12 min read

Direct answer · 60-second summary

The 60-second version

Nova Credit operates as a regulated US consumer reporting agency under the Fair Credit Reporting Act. With your explicit, electronic authorization at the moment of a US application, Nova Credit retrieves your credit data from Equifax Canada or TransUnion Canada, translates it into a structured report and a 300-to-850 score using a proprietary mapping, and delivers it to the requesting US lender. The lender then underwrites your application as if you had a domestic US credit file. The Canadian consumer never logs into Nova Credit directly; the lender's application form is the entry point. American Express has been the flagship partner since 2019. HSBC, SoFi, Verizon, and Yardi (rentals) round out the partner list as of 2026.

The use case for a Canadian buying or living in Florida is narrow but valuable: it gets you an unsecured US credit card, on better terms than a secured card, in the first weeks after arrival. It does not solve the Florida foreign-national mortgage rate gap, and it does not replace the disciplined US-side credit-building work in the long term.

Reference · acronyms used in this guide

Acronyms used in this guide

Section 01What Nova Credit actually is

Verified factNova Credit is a US consumer reporting agency operating under the Fair Credit Reporting Act framework. The company was founded in 2016 and operates the "Credit Passport" product alongside other data products including Cash Atlas (cash-flow analytics) and Income Navigator (income verification). Nova Credit has access to credit-bureau data across more than 20 countries, including Equifax Canada and TransUnion Canada (per Nova Credit). Source 1.

The mechanics, simplified:

  1. You start an application at a participating lender (e.g., the American Express US Newcomers application page).
  2. The application asks whether you have credit history outside the US. You answer yes and identify Canada.
  3. You authenticate to your Equifax Canada or TransUnion Canada online account through a Nova Credit module embedded in the lender's flow.
  4. Nova Credit retrieves your file from the Canadian bureau, translates it, generates a US-equivalent report and score, and feeds the result directly to the lender.
  5. The lender underwrites against the translated report alongside any other data they require (income, address, ITIN or SSN).

You do not maintain an account with Nova Credit. The translated report is generated for that single application and is not stored as your "Nova Credit file" the way a US bureau file is.

Section 02What gets translated, what does not

Verified factThe Credit Passport is built from the structured data fields on your Canadian bureau file: tradeline accounts, payment history, balances, credit limits, dates of account opening, and reported delinquencies. The product translates these data points into the format US lenders expect (per Nova Credit). Source 1.

What is not translated:

OpinionA Canadian with a 780+ Equifax Canada score should expect a translated score in roughly the 720 to 760 US range. The US scale is 50 points shorter at the top, so there is no perfect 1:1 mapping. The translated score is sufficient for an American Express card approval but is not a substitute for a domestic US FICO file at refinance time.

Section 03Current Credit Passport partners (verified April 2026)

Lender Use case Available to Canadians
American Express Personal credit cards (US Newcomers program) Yes, since 2019
HSBC Banking and credit products in multiple countries; in the US, primarily international mortgages and select consumer products Yes
SoFi Personal loans, student-loan refinancing Yes
Verizon Mobile-phone account underwriting (no security deposit on phone plan) Yes
Yardi Rental application screening (some Yardi-managed property portfolios) Yes

Source 2.

What the partner list does not include, as of April 2026, are Discover, Chase (Sapphire and other consumer cards), Capital One (despite a long-rumored partnership that did not formalize), the major US auto lenders, and any traditional residential mortgage originator. A Canadian who wants a Chase Sapphire or a Wells Fargo card cannot use Credit Passport to bypass the SSN requirement.

Verified factAs of December 2024, accounts approved through American Express's Credit Passport pathway were 79% less likely to become delinquent compared to domestic American Express account holders with prime credit scores (per Nova Credit and Contrary Research). Source 3. The performance data is part of why American Express has expanded the program rather than retreating from it.

Section 04When Credit Passport works well

The shortcut produces value in a specific intersection of conditions:

  1. The applicant has a Canadian credit file with at least three years of history, two or more open tradelines, and a clean (no recent delinquencies) record.
  2. The applicant has just obtained or already holds a US tax ID (ITIN or SSN) required by the lender. Credit Passport does not replace the tax-ID requirement.
  3. The target product is a credit card, a personal loan, or a rental application at a participating lender.
  4. The applicant is willing to authenticate to the Canadian bureau at the moment of application (real-time pull).
Typical rangeA Canadian with a 720+ Equifax Canada score, three years of clean history, and an ITIN can reasonably expect approval at American Express through Credit Passport for a no-fee card with a USD 3,000 to USD 10,000 limit. Premium cards with annual fees (Gold, Platinum) require stronger income verification on top of Credit Passport.

Section 05When Credit Passport does not work

  1. Traditional residential mortgages. US mortgage underwriting is anchored to FICO 2, 4, and 5 from the three US bureaus. Credit Passport generates a different score using a different model. The mortgage-pull scores Credit Passport produces are not accepted by Fannie Mae, Freddie Mac, or any conforming lender. Foreign-national mortgage products bypass the FICO requirement entirely and underwrite on cash and asset documentation; see the foreign-national mortgage guide.
  2. Auto lenders. US auto financing requires an SSN at almost every meaningful lender. Credit Passport does not reach this category.
  3. Most US bank deposit accounts. ChexSystems screens new account applications using non-credit data; Credit Passport is not relevant.
  4. Thin Canadian files. A Canadian with one credit card opened 14 months ago does not have enough data for the translation to produce a useful US score. The lender is likely to decline.

Section 06CA versus US: where Credit Passport sits in the system

Layer Canadian side US side
Source bureau Equifax Canada or TransUnion Canada (federal CA jurisdiction; provincial consumer-reporting laws) Nova Credit (federal US: regulated under FCRA, 15 U.S.C. § 1681)
Score scale 300 to 900 300 to 850 (Credit Passport US-equivalent)
Authorization Consumer-permissioned via the lender's flow; the consumer authenticates to the Canadian bureau Same authorization; data routed through Nova Credit's API to the lender
Stored as Your Canadian file remains at the source bureau Credit Passport is single-use per application; not stored as a persistent US file
Replaces SSN? N/A No. ITIN or SSN still required by the lender's underwriting, even when Credit Passport supplies the credit data

Section 07Worked example: Quebec professional applying for AmEx Gold

Sophie is a 38-year-old engineer from Montreal who closed on a Boca Raton condo in February 2026. She has an ITIN issued in March 2026 (CP565 received). Her Equifax Canada profile shows: FICO Canada 815, four open credit cards (one since 2014), one mortgage history (closed 2024), zero delinquencies. She wants an AmEx Gold for the rewards on dining and groceries during her Florida stays.

Step Action Result
1 March 2026: Visit americanexpress.com/us/credit-cards/features-benefits/us-newcomers Lands on the Newcomers application page
2 Selects Canada as her country of credit history Credit Passport flow opens
3 Authenticates to her Equifax Canada online account through the embedded Nova Credit module Real-time data pull
4 Provides ITIN, US mailing address (the Boca Raton condo), Canadian and US contact info, income Application submitted
5 Underwriting decision: approved for AmEx Gold with USD 8,000 limit First US tradeline live
6 First statement closes 30 days later, AmEx reports the account to all three US bureaus US credit file opens with a meaningful tradeline
OpinionSophie's outcome is realistic but conditional. The same profile with a 700 Equifax Canada score might receive a no-fee Blue card at USD 3,000 instead of the Gold at USD 8,000. The richer the Canadian file, the better the AmEx underwriting decision. Sophie should still proceed to open a US secured card in parallel, because AmEx alone is a single tradeline. Two tradelines are stronger than one for the rapid score-building that supports a future refinance.

Section 08Common mistakes Canadians make

  1. Assuming Credit Passport gets you out of the ITIN requirement. It does not. The lender still asks for ITIN or SSN to comply with US identity-verification rules under federal banking regulations and the Customer Identification Program. Credit Passport substitutes for the credit-history requirement, not the tax-ID requirement.
  2. Using a stale Canadian bureau login. If your Canadian Equifax or TransUnion online account has been dormant and your credentials have expired, the Credit Passport flow stalls. Refresh access in advance.
  3. Closing all your Canadian cards before applying. Some Canadians close Canadian cards once they have moved to Florida, then try Credit Passport later. Closed cards eventually drop out of the active file. Keep at least two long-history Canadian tradelines open if you plan to use Credit Passport in the next 24 months.
  4. Expecting Credit Passport to help on the second card. Most lenders that participate use Credit Passport on the first application only. Once you have any US tradeline reporting, the lender typically pulls the US bureau directly on the next application.
  5. Mistaking the Credit Passport score for a FICO score. The number Nova Credit generates is a US-equivalent score, not a FICO score. Mortgage lenders, auto lenders, and many other downstream uses will not recognize it.

Section 09Actionable checklist

  1. Verify your Canadian Equifax or TransUnion online account works. Log in. Confirm your file is current.
  2. Confirm you hold an ITIN (or SSN) before starting any Credit Passport application.
  3. Identify the Credit Passport partner that fits your need: American Express for cards, SoFi for personal loans, Verizon for phone plans, Yardi for some rentals, HSBC for select international banking.
  4. Apply directly through the partner's standard application flow. Credit Passport is invoked inside the lender's flow, not separately.
  5. At the Credit Passport step, authenticate to your Canadian bureau using current credentials.
  6. Provide the lender with your US mailing address (Florida property address is fine), your ITIN, and your income.
  7. Once approved, set up automatic full-balance payment from your US bank account, just as you would for any other US card.
  8. Keep your Canadian tradelines open for at least 24 months while building your US file in parallel.
  9. After 12 months of reporting on your US AmEx and one secured card, treat the file as a domestic US file and apply for additional US products without going back through Credit Passport.

Section 10FAQ

Is there a fee to use Credit Passport?

No. The product is funded by the US lenders that integrate it. The Canadian consumer pays nothing.

Does using Credit Passport hurt my Canadian credit?

The pull from your Canadian bureau is a soft inquiry under Canadian rules. It does not affect your Canadian score. The US lender will run a hard inquiry on your nascent US file as part of the application, just as they would for any US applicant.

What if I have credit history in more than one country (Canada plus the UK, for example)?

Credit Passport handles multi-country histories at some lenders. American Express, in particular, supports translation from Canada, Australia, India, Mexico, the United Kingdom, and a growing list of countries. Per a February 2025 American Express announcement, the program continues to expand.

Can I see my Credit Passport report myself?

Nova Credit operates a consumer-facing portal for the equivalent product. Coverage and consumer-portal availability change; check novacredit.com directly. The single-use nature of the lender-flow Credit Passport means there is no persistent "your Nova Credit report" the way there is a persistent Equifax Canada file.

How does Credit Passport interact with FATCA or CRA reporting on my Canadian accounts?

It does not. Credit Passport pulls credit-bureau data only. It is not a tax-information transfer and is unrelated to FATCA (US side) or CRA's T1135 (Canada side).

Can my spouse use Credit Passport on my Canadian file?

No. Credit Passport requires the consumer to authenticate to their own Canadian bureau account. A spouse with their own Canadian credit file can use their own Credit Passport flow on a separate application.

What if Nova Credit changes its partner list?

Partner lists evolve. As of this guide's review date, the partners listed above are confirmed by Nova Credit and the partner companies. Verify the current list at novacredit.com/credit-passport before counting on a specific lender.

Section 11What is not covered in this guide

Section 12Logical next step

A Canadian who lands an AmEx through Credit Passport on day 30 has one tradeline. The next step is to add a second tradeline (a US-issued secured card) so that the file has two reporting accounts when the FICO score becomes useful at month 12.

Read Building US credit from zero →

Editorial team

CanadaFlorida Editorial Team

Research drawn from primary public sources cited at the bottom of this guide: U.S. and Florida statutes, U.S. and Canadian federal agencies, official Florida county and state authorities, and Canadian provincial bodies where applicable.

This guide was produced under the editorial standards of canadaflorida.com, the reference manual for Canadians who buy, sell, live, or inherit in Florida. Every figure is sourced to a primary regulatory or industry authority. Verified facts, typical ranges, and editorial opinions are explicitly labelled and never mixed.

Sources and references

All sources were publicly accessible at the last review date. Figures, rules, and partner lists may change; verify the current version before any decision.

  1. Nova Credit, Credit Passport product page. novacredit.com/credit-passport
  2. American Express, US Newcomers Credit Passport application. americanexpress.com/us/credit-cards/features-benefits/u...
  3. Contrary Research, Nova Credit Business Breakdown (March 2025). research.contrary.com/company/nova-credit
  4. Nova Credit and HSBC, partnership announcement (September 2022). novacredit.com/blog/nova-credit-and-HSBC-launch-interna...
  5. Nova Credit and American Express, partnership expansion (February 2025). fintechfutures.com/press-releases/american-express-expa...
  6. Fair Credit Reporting Act, 15 U.S.C. § 1681 et seq. law.cornell.edu/uscode/text/15/1681

Source links have been verified as of the last review date shown at the top of the page. If you spot a broken link or outdated information, please write to [email protected] — the page will be updated promptly.

Disclaimer

This article is published for educational purposes only. It does not constitute legal, tax, mortgage, accounting, investment, immigration, or financial-planning advice, and no advisor-client or fiduciary relationship is created by reading it.

The information presented is current as of the last reviewed date shown in the front matter. Statutes, agency procedures, lender programs, condo regulation, county ordinances, and Florida market overlays change frequently. Treat all numbers as directional benchmarks. Confirm at execution stage with a licensed professional.

Before relying on this guide for a specific transaction, consult a cross-border tax specialist (Canadian CPA with US qualifications or vice versa), a US real estate attorney admitted to practice in Florida, and the relevant licensed professional (mortgage broker, insurance agent, condo-document attorney) for the matter at hand.

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Jurisdictions: this article addresses US federal and Florida state regulation that applies to Canadian non-residents, and Canadian federal tax law (Income Tax Act, T1135 reporting, foreign tax credit) plus the relevant Canadian provincial framework. Equivalent comparisons for other Canadian provinces are given inline where applicable.