RBC Student Banking®

RBC Student Banking®

Monthly Fee: N/A

No Monthly Fee Student Banking.

A no-fee student bank account designed to save you money.

Account Features What You Get
Basic banking for students with minimal transactions 25 free debits each month6
Get credit where credit is due* Get a credit card with no annual fee+ or get your annual fee rebated38
Pay your friends back with Interac e-Transfers Unlimited
Set your money free No minimum balance

The basics for students with minimal transactions

If you're 13 years of age or above and a full-time student9, you can bank for free with an RBC Student Banking account. Includes 25 free debits per month6 including withdrawing cash from an RBC Royal Bank® ATM, paying bills or transferring money between your RBC Royal Bank accounts.

RBC Student Banking Details
Monthly Fee N/A
Monthly Fee after MultiProduct Rebate® N/A
Debits Included 25/month6
Interac e-Transfers Included Unlimited
Credit Card Included $39 rebate towards the annual fee of a Signature® RBC Rewards® Visa or choose from a no annual fee RBC Rewards+ Visa or RBC Cash Back Mastercard.
RBC Signature No Limit Banking
Assisted and Self-Serve Transactions N/A
Interac ATM Withdrawal at Non-RBC ATM in Canada $1.50 each
PLUS System Withdrawal at ATM Within Canada and U.S. $3.00 each
PLUS System Withdrawal at ATM Outside Canada and U.S. $5.00 each
Cross-Border Debit6,13,14 $1.00 each

Better banking gives you more

Shop Online

Interac Online allows you to shop online and pay with your debit card

Chances are we’re close to you

Convenient access to Canada’s largest network of branches and ATMs.

Other Ways to Apply:

Chat with us

Call 1-800-769-2561

Visit us

Book an Appointment

I want to switch

Want to switch to RBC®? No problem. We can help you quickly transfer existing funds, payroll and automatic withdrawals into a new account with us.

What if I'm not sure?

We're confident you're going to love your new RBC bank account, so we want you to try it out for 3 months. If the fits not perfect, we'll find a better match and refund the monthly fees.44

Tell me more

Best Tools in the Business

Give me the RBC Mobile53 app

Easily manage your day-to-day banking needs on your mobile device.

Get the RBC app

Need help choosing a U.S. account?

Based on your needs, we'll recommend a U.S. Savings Account and Credit Card that will save you money while in the U.S.

Get Started

Security Guarantee

Get 100% reimbursed for unauthorized transactions54.

Security Guarantee

I'm ready! Let's open an account online

Our safe and secure application is 5 simple steps and takes 10 minutes.

Security Seal
Other Ways to Open an Account: