RBC Plan for Medical & Dental Students

A Plan that Puts You First

If you have been accepted into an accredited medicine or dentistry faculty at a Canadian university, you are eligible for the RBC Plan for Medical & Dental Students. It is exclusively designed for your needs. RBC Plan for Medical & Dental Students provides flexible financing options, convenient banking services and the one to one attention you deserve. Contact an RBC Medical & Dental Student Specialist.

RBC Medical & Dental Student Specialists

• Your Specialist will be your point of contact, bringing you banking, credit and investment advice, all in one place. They’ll be there when you need them, for advice, support and access to financial solutions created, just for you, through the ease and convenience of a single relationship.

Student Line of Credit – freedom to borrow what you need, when you need it

• A $150,000 Student Line of Credit¹ at prime, with no restrictions on how much you can borrow annually.
• Option to defer principal payments until 12 months after completion of residency. Students who are not required to complete residency have the option to defer principal payments until 12 months after graduation.

Student Banking – free while you are in medical or dental school

Convenient student banking designed to save you money and make it easier to fit your banking needs into your schedule.

The following free services are included:

• Deposits, withdrawals and transfers²
• 12 drafts and money orders per year
• Automated transfers between RBC Royal Bank accounts
• Access to your account 24/7 via Online, Telephone, Interac^† direct payment and ATM banking
• Commission fee on Amex traveller cheques³

An RBC Rewards VISA^* Gold card with no annual fee^1**

• Earn one RBC Rewards point for every $2 spent on the card
• Minimum credit limit of $5,000

Discount on Royal Bank of Canada car loan interest rates

• A discount of 0.50% off the standard car loan rate¹

¹ Subject to credit approval

² Excludes Interac, PLUS and/or convenience fees from other Financial Institutions' ATMs.

³ Applies to single signature only

^† Trademark of Interac Inc. Used under license.

^* Registered trademark of VISA International Service Association. Used under license.

^** I understand if I do not qualify for an RBC Rewards Visa Gold card you may consider my application for an RBC Rewards Visa Classic card with no annual fee.

^® Registered trademark of Royal Bank of Canada.

^TM Trademark of Royal Bank of Canada.

^® RBC and Royal Bank are registered trademarks of Royal Bank of Canada.