Key Student Bank Account Features
- Use Your Account as Often as You Need
25 free debits each monthlegal bug 2, $1.25 thereafter - Get credit where credit is due
Up to $39 rebate on the annual fee of an eligible credit cardlegal bug 3
5,000 RBC Rewards welcome points upon approvallegal bug 12 - Buy things online with Virtual Visa Debit4
Unlimited - No minimum balance
- Instant Fuel Savings at Petro-Canada
Link your card and instantly save 3¢/L on fuellegal bug 9 and always earn 20% more Petro-Pointslegal bug 10 at Petro-Canada locations
Learn More about Instant Fuel Savings at Petro-Canada
- Pay Your Friend Back with Interac e-Transfer
Unlimited - Bank anytime, anywhere with the RBC Mobile App4
One app. Hundreds of reasons to use it. - Earn more Be Well points at Rexall
Link this card with your Be Well card to:- Get 50 Be Well points for every $1 spent on eligible products at Rexalllegal bug 1
- Redeem Be Well points faster for savings in store on eligible purchaseslegal bug 2; 25,000 Be Well points = $10 redeemable value
More Great Features
Details | Fees |
---|---|
Assisted and Self-Serve Transactions | N/A |
Interac Access Fee at a Non-RBC Royal Bank ATM in Canada | $2.00 each |
PLUS System Access Fee at a Non-RBC Royal Bank ATM Within Canada and U.S.legal bug 5 | $3.00 each |
PLUS System Access Fee at a Non-RBC Royal Bank ATM Outside Canada and U.S.legal bug 6 | $5.00 each |
Cross-Border Debitlegal bug 2, legal bug 7, legal bug 8 | $1.00 each |
Ways to Bank
Bank Anywhere
Take care of your banking from wherever you are, anytime you want.
Take It All to a New Level
Students can make payments with a tap of your smartphone and securely store your cards on your device.
Manage Your Student Bank Account Online, Anytime
Check your balances, pay bills, set up alerts, send money and more – whenever you need to.
Ways to Apply
Apply Online
Call 1-800-769-2561
Call 1-800-769-2561
Visit Us
Book an Appointment
I Want to Switch
No problem. We can help you quickly transfer existing funds, payroll and automatic withdrawals into a new account with us.
Shop Online
Interac Online allows you to shop online and pay with your debit card.
Better Banking Gives You More
RBC High Interest eSavings
Grow your savings with a no monthly fee high-interest savings account.
Signature RBC Rewards Visa
Earn even more points with your rewards credit card, we'll even waive the annual fee.
To participate in this offer, you must have an eligible RBC Debit Card, Personal Credit Card or Business Credit Card which is issued by Royal Bank of Canada (excluding RBC commercial credit cards) (“RBC Card”). RBC Business Owners will only be able to link up to two (2) Business Credit Cards and one RBC Debit Card to a Be Well Card.
Eligible RBC Debit Cards are debit cards tied to a personal banking or savings account or a business banking or savings account in good standing that is set up to pay for goods and services at a store or merchant that has point of sale or other designated debit card terminals that accept debit card payments.
You must be enrolled in RBC Online Banking or the RBC Mobile app in order to link your RBC Card to your Be Well Card. Card linking may take up to 2 business days to process before Be Well points can be applied to purchases. Each time you scan your Be Well Card and pay with your Linked RBC Card, you will earn 50 Be Well points for every $1 spent on eligible purchases at Rexall Locations, in accordance with the Be Well Terms and Conditions available at https://www.letsbewell.ca/terms-conditions.
Be Well points are not awarded on taxes; tobacco products; products containing codeine; lottery tickets; alcohol; bottle deposits; gift cards; prepaid cards and wireless or long distance phone cards; event tickets; transit tickets and passes; post office transactions; stamps; passport photos; cash back; gifts with purchases; delivery charges; environmental levies; Home Health Care services/rentals and any other products or services that we may specify from time to time or where prohibited by law.
To “redeem” means to use your Be Well points to pay, or partially pay, for eligible purchases by using your Be Well card at the point of sale in participating Rexall stores following the instructions provided by the cashier, the point-of-sale terminal or other payment processing device. You can redeem the Be Well points you collect for eligible purchases, see Section 5 of the Be Well Terms and Conditions (available at https://www.letsbewell.ca/terms-conditions), or for any other purposes of which we may advise you from time to time.
You must have enrolled in the Be Well program and have registered your Be Well card, or otherwise have called customer service, in order to redeem Be Well points. Any Be Well points collected on a Be Well card will remain the property of the Be Well Administrator until the enrolment and registration process has been completed.
You must redeem a minimum of 25,000 Be Well points at any one time, which are worth $10. Be Well points may be redeemed in increments of $10 up to a maximum of $200 (500,000 Be Well points) in a single transaction. A maximum of 500,000 Be Well points can be redeemed within a 24-hour period.
In Ontario and British Columbia, Be Well points cannot be redeemed on prescriptions. The laws in each province and territory may change from time to time and you are advised to consult with your pharmacist for additional information in this respect.
Be Well points you collect upon making a purchase cannot be redeemed for that purchase and can only be redeemed for a subsequent eligible purchase provided 12 hours have passed since the Be Well points were collected.
To benefit from a rebate towards the annual fee of an Eligible Student Credit Card, every year, you must:
- i) complete the Student Information section of the credit card application form in full,
- ii) remain a student, and
- iii) be an owner or co-owner of an Eligible Student Bank Account throughout your studies.
Eligible Credit Cards | Annual Fee Rebate |
---|---|
Signature® RBC Rewards® Visa‡ | $39 |
WestJet RBC® Mastercard‡ | $39 |
You will continue to benefit from the rebate on your annual fee until: i) you close your Eligible Student Bank Account, or ii) until the Expected Graduation Year you have provided at the opening of your Eligible Student Bank Account, whichever occurs earlier, as long as your credit card account remains in good standing. Thereafter, you will no longer receive the rebate on the annual fee.
If, for some reason, the Expected Graduation Year you have provided at the opening of your Eligible Student Bank Account differs from the one you have indicated on your credit card application form, the Expected Graduation Year you have provided at the opening of your Eligible Student Bank Account will prevail and be used for determining the expiry of this offer.
Additional cardholders (co-applicants and authorized users) are not eligible for this offer. Only one credit card annual fee rebate per Eligible Student Bank Account is allowed. This means that if this is a jointly held Eligible Student Bank Account, and each co-owner is also the primary cardholder of an Eligible Student Credit Card, only the Primary Owner of the Eligible Student Bank Account will be entitled to the credit card annual fee rebate.
The $60 cash component of the Bonus Offer will be deposited into your Eligible Personal Banking Account within 2 to 8 weeks of completing the Qualifying Criteria, if applicable. Royal Bank of Canada may follow up with Eligible Student Clients to remind them to complete the Qualifying Criteria.
This offer may not be combined or used in conjunction with any other Personal Banking Account offers. Royal Bank of Canada reserves the right to withdraw this offer at any time without notice, even after acceptance by you.
For full details including defined terms visit rbc.com/offerterms60