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 Cardlegal bug that helps kids and teens build good money habits through real-life experience. Now with no monthly fees, Mydoh makes it easy to set chores, pay a weekly allowance, and securely send money as needed. Your kids build the financial skills they need to thrive in the future while you get full oversight.

Get Mydoh

Ways to Apply