Youth Bank Account Features

  • Free debit transactions in Canadalegal bug2
  • Free Interac e-Transfer transactionslegal bug8
  • No minimum balance
  • Never miss another allowance payment
    Parents and guardians can set up automatic money transfers for free
  • Earn interest on every dollarlegal bug 3

More About Your Account

Here are some of the additional things you can do with your account, for a small fee.

Details Fees
Non-RBC Royal Bank ATM transactions (on Interac system) $2.00 each
Non-RBC Royal Bank ATM transactions within Canada & the bug 4
(on PLUS system)
$3.00 each
Non-RBC Royal Bank ATM transactions outside Canada & the bug 5
(on PLUS system)
$5.00 each
Cross-Border Debit legal bug 6, legal bug 7 $1.00 each

Help set your kids & teens up for financial success with Mydoh!

Mydoh is the Money App* and Smart Cash Card that helps kids and teens learn the value of money through real experience. Simply decide how you’d like them to earn money each week, then leave the rest to them. And, while they learn to earn, save and spend responsibly, you’ll get full oversight of their financial habits.

Get Mydoh

Ways to Apply