Why You'll love Our Student Accounts:

  • Get $60 when opening a no monthly fee student bank account7
  • Link your card and instantly save 3¢/L on fuel6 at Petro-Canada
  • Free unlimited Interac e-transfers
  • Buy things online with Virtual Visa Debit1
  • Just tap to pay with RBC Wallet or Apple Pay
  • Send money to friends with Siri or iMessage

Our Youth & Student Accounts

RBC No Limit Banking for Students

Get $607

  • Unlimited transactions
  • Get a $39 rebate toward an eligible RBC Royal Bank credit card3
  • No minimum balance required
  • No monthly fee with MultiProduct Rebate5

RBC Student Banking

Get $607

  • 25 free debits per month2
  • Get a $39 rebate toward an eligible RBC Royal Bank credit card3
  • No minimum balance required

Ways to Apply

  • Apply Online
  • Call 1-800-769-2561
  • Visit Us
  • Book an Appointment

Ways to Bank

Manage Your Account Online, Anytime

Check your balances, pay bills, set up alerts, send money and more – whenever you need to.

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.

Debit transactions made using your Virtual Visa Debit Number do not count against any monthly transaction limits applicable to your personal deposit account. Other account fees may apply. Please see the RBC Royal Bank Disclosures and Agreements related to Personal Deposit Accounts booklet or other applicable account agreement for further details.
RBC Virtual Visa Debits, Third-party payment Debits, RBC Royal Bank loan payments, RBC Royal Bank mortgage payments, pre-authorized and self-serve RBC Royal Bank credit card payments and contributions to RBC investment accounts (such as GICs, Royal Mutual Funds, Registered Savings Plans, Registered Education Savings Plans, Registered Disability Savings Plans and Tax-Free Savings Accounts) from your RBC Day to Day Banking Account, U.S. Personal Account, Leo’s Young Savers Account or RBC Student Banking Account are free of charge. All other Debit Transactions from these Accounts are counted as Debit Transactions towards the free monthly Debit Transactions included in the Account, and give rise to an Excess Debit Transaction Fee if the total free monthly Debit Transactions are exceeded.
If you are a post-secondary student and are the Primary Owner or co-owner of an RBC Student Banking or RBC No Limit Banking for Students account (each an Eligible Bank Account) and the primary cardholder of one of the eligible RBC Royal Bank credit cards listed below, you may be entitled to a rebate on your annual fee, every year, as long as you:
  • i) complete the Student Information section of the credit card application form in full;
  • ii) remain a student; and
  • iii) are the primary or co-owner of an Eligible Bank Account throughout your studies.
Eligible Credit Cards Annual Fee Rebate
Signature RBC Rewards® Visa card $39
WestJet RBC Mastercard $39

Subject to credit approval

You will continue to benefit from the rebate on your annual fee: i) until you close your Eligible Bank Account, or ii) until the Expected Graduation Year you have provided upon opening your Eligible Bank Account, whichever comes first. 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 time of opening your Eligible Bank Account differs from the one you indicate on your credit card application form, the Expected Graduation Year you have provided at the time of opening of your Eligible Bank Account will prevail and be used for determining the expiry of this offer.

Additional cardholders are not eligible for this offer. Only one credit card annual fee rebate per Eligible Bank Account is allowed. This means that if both the primary owner and co-owner of an Eligible Bank Account are also the primary cardholders of an Eligible Credit Card each, only the primary owner of the Eligible Bank Account will be entitled to the credit card annual fee rebate.

Eligible accounts for the Right Account Guarantee are: RBC VIP Banking, RBC Signature No Limit Banking, RBC No Limit Banking, RBC No Limit Banking for Students and RBC Day to Day Banking. This offer is limited to the monthly fee that applies to the new or upgraded account for the first 3 months the account remains open. You must close the new or upgraded account or switch to another account and apply for the refund within 4 months of account opening or upgrade. If you close the account, we’ll refund the monthly fees for the time the account remained open up to a maximum of 3 months. If you downgrade to a lower fee account, we’ll refund the difference in monthly fees between the two accounts for the time the higher fee account remained open up to a maximum of 3 months. Offer limited to one account opening or upgrade per customer per calendar year. Offer may be withdrawn at any time without notice.
If you have an eligible banking account and two or more qualifying, eligible RBC products in the same geographic location (region), you may receive a partial or full rebate on your Monthly Fee. Some conditions apply. For more information on the MultiProduct Rebate visit any RBC Royal Bank branch, call 1-800-769-2511 or view the full Disclosures and Agreements Booklet.
Each time you use your linked Eligible RBC Card to purchase any grade of gasoline, including diesel, at a Retail Petro-Canada Location, you will save three cents ($0.03) per litre at the time of the transaction.
To qualify for the $60 you must:
1) be a new personal day-to-day banking client to Royal Bank of Canada and open between July 16 and October 31, 2018 (“Promotional Period”) an RBC Student Banking® account with no monthly fee (you can also get $60 if you open an RBC No Limit Banking for Students® account with a monthly fee of $10.95 or $25 if you open an RBC Leo’s Young Savers Account® with no monthly fee); and
2) make any two (2) of the following transactions before November 30, 2018 using your new RBC Student Banking account or RBC No Limit Banking for Students account A) mobile cheque deposit; B) bill payment; C) pre-authorized payment; D) Interac e-Transfer; or E) purchase - including those done with RBC Virtual Visa Debit, Apple Pay, Samsung Pay or with the RBC Wallet. Qualifying transactions can be made within RBC Online Banking, RBC Mobile Banking or with your RBC Client Card. Transactions made in branch or through the ATM network are not included as a qualifying transaction. Bank fee transactions are also excluded. No qualifying transactions or purchases are required for the $25 with the RBC Leo’s Young Savers Account
Not eligible for this offer, are clients that have opened any RBC personal deposit account within the two (2) year period before the start of the Promotional Period. The $60 cash for the RBC Student Banking and RBC No Limit Banking for Students accounts or the $25 cash for the RBC Leo’s Young Savers Account will be deposited into your new account within 6-8 weeks after account open, provided you have met the eligibility criteria as outlined above and only if your account remains in good standing.

Find a Branch or ATM Near You

Over 800 branches open longer, award-winning convenience

What are you looking for?
Enter Postal Code
Advanced Search Options