Students walking

Student Bank Accounts

RBC Student Banking® Account1

The Popular Choice

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

Sign Me Up for RBC Student Banking Account

RBC No Limit Banking for Students®1

Need More Transactions?

  • Get unlimited transactions with no monthly fee for 12 months16 (saving $10.95/month)
  • Open an account at any RBC branch before December 28th, 2017
Learn More about RBC No Limit Banking for Students

  • No monthly fee with MultiProduct Rebate
  • Unlimited Monthly Debits
  • Unlimited Interac e-Transfers3
  • No minimum balance required

RBC High Interest eSavings®

Get The Most From Your Savings

High interest on every dollar.

  • Free self-serve transfers to your RBC deposit account
  • Set up Save-Matic to reach your goals faster
  • No minimum deposit required
Sign Me Up for RBC High Interest eSavings
Credit card

Student Credit Cards with no annual fee

RBC Rewards+ Visa

Earn more RBC Rewards® points on your everyday purchases!

  • Earn 1 RBC Rewards point for every $1 spent on gas, grocery and drug store purchases5
  • Earn 1 RBC Rewards point for every $2 spent on all other purchases5
  • Only RBC Rewards+ Visa cardholders get our most popular $25 gift cards for just 2,500 points (that's a savings of 1,000 points!)6

Annual Fee: $0
Additional Card: $0
Purchase Rate: 19.99%
Cash Advance Rate: 21.99%

Learn More about RBC Student Rewards Visa

Cash Back MasterCard

Get unlimited cash back credits on all your on your purchases7

  • Earn 2% cash back at the grocery store8
  • Earn 1% cash back on all your other purchases8
  • Insurance: Purchase Security & Extended Warranty9

Annual Fee: $0
Additional Card: $0
Purchase Rate: 19.99%
Cash Advance Rate: 21.99%

Apply Now for Cash Back MasterCard
Student graduating

Student Line of Credit

Royal Credit Line® for Students10

Extra time to pay back your line after you finish school!

Tuition. Books. Transit. Groceries. The Royal Credit Line® for Students is a flexible way to help with your school expenses and gives you the longest amount of time before you have to start repaying the principal.

  • More time to pay back your credit line with a 2 year grace period after graduation
  • A low interest rate11 while in school and during your grace period
  • Pay as little as the interest only on the amount you have borrowed while in school and for 2 years after you've graduated12
  • Flexible credit limits that meet your borrowing needs
  • Easy access to your funds14 – Transfer money on your phone or make withdrawals at any RBC ATM or branch15
Apply Now for Royal Credit Line for Students

A Better, Smart Way to Bank

Get the New Mobile App15

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

Download Now

Registered Education Savings Plan (RESP)

Investing In Their Future

Start investing early and give the gift of knowledge. Registered Education Savings Plans (RESPs) combine flexibility, tax deferral and direct government assistance to help you save for a child’s education. Here are some of the reasons why RESPs are popular among Canadians:

  • Tax deferred earnings
  • The Canada Education Savings Grant (CESG)
  • Canada Learning Bond (CLB)
  • Provincial Government incentives
  • Plus, Grandparents can contribute using RBC RESP Gift Cheques
Learn More about Registered Education Savings Plan

RBC Leo's Young Savers Account®

Banking For Kids (Ages 0-12)

Get your little one started with savings and everyday banking.

  • No monthly fee
  • 15 debits included14
  • Learning Money with Leo iPad game for kids aged 3-6
Learn More about RBC Leo's Young Savers Account

RBC Student Banking® Account1

Banking For Students (Ages 13+)

A no monthly fee student bank account

  • 25 free debits each month2
  • Unlimited Interac e-Transfer3 transactions
  • No minimum balance required
Learn More about RBC Student Banking Account

A Better, Smart Way to Bank

Get the New Mobile App15

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

Download Now