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Bank Accounts and Packages

Youth & Student Banking Accounts

 

RBC Leo's Young Savers Account™

A great savings account designed for anyone under 19 years of age, RBC Leo's Young Savers Account is a great way for children and youth to get started with saving and everyday banking. It includes 15 free transactions and RBC Royal Bank® Online Banking is included at no charge.

At a Glance
Monthly Fee Free
Free monthly debits 15
Access to Online Banking Free

A great way for children and youth to get started with saving and everyday banking.


Open an Account

Benefits of the RBC Leo's Young Savers Account include tiered interest-calculated daily and paid monthly, 15 free debits per month, no monthly fee and much more!

Features and Fees

Monthly fee Free
Free debits per monthly cycle2 15 plus one per automated payroll credit
All other debits $0.50 each
Access to Online and Telephone Banking4 Free
Interac and PLUS System ATM network access fees3 Interac: $1.50

PLUS System: $3.00
(within Canada and U.S.)

PLUS System: $5.00
(outside Canada and U.S.)
Cross-Border Debit14 $1.00
Recordkeeping Options:
eStatement including cheque images viewed online (Images less than 90 days) Free
Monthly Paper Statement (consolidated/combined20) Free
Cheque Images returned with paper statement $2.00
Bankbook Free
Other services provided $5.00 deposit8 upon account opening when child is under 12 years of age
Compare

Free Access to Online Banking4

If you're looking for the most convenient and comprehensive way to manage your day-to-day banking needs, look no further than RBC Royal Bank® Online Banking. From financial calculators to a variety of convenient services including bill payments and fund transfers - you'll wonder how you ever lived without it. Even more, you'll enjoy free access with your bank account!

It's Easy to Open an Account


Open an account online with our simplified application, or talk to a specialist about choosing the right account for you.
Open an account
online
Talk to a Mortgage Specialist Visit your
local branch
Call now Call now -
1 800 769-2511

Busy parent? Get the new RBC Family Financial Kit. Personalized advice. Money-saving tips. A plan for your future. Learn More >
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RBC No Limit Banking for Students
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RBC Leo's Young Savers Account

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  Understanding Pre-Authorized Debit
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