Available to international students who have arrived in Canada within the last 5 years. Must show proof of entry into Canada with supporting documents, i.e., passport and study permit.
Offer available April 27 – August 3, 2021 (“Promotional Period”)
This offer is available to any Eligible Student Client without a Personal Banking Account with Royal Bank of Canada at the beginning of the Promotional Period or in the three-year period before the start of the Promotional Period, and who otherwise comply with the Terms opens another RBC site in a new window
of the offer. The Bonus Offer is $60 with an Eligible Personal Banking Account.
To qualify for the $60 you must open your first new Eligible Personal Banking Account by 9:00 PM EST on Aug 3, 2021 and complete two of the following Qualifying Criteria by 9:00 PM EST on September 30, 2021 using your Eligible Personal Banking Account:
i) a minimum of one (1) mobile cheque deposit using the RBC Mobile app;
ii) a minimum of one (1) Interac e-Transfer using RBC Online Banking or the RBC Mobile app; or
iii) a minimum of one purchase transaction completed using any of the following: your RBC Client Card, an RBC Virtual Visa Debit card associated with your Eligible Personal Banking Account, Interac Flash, Apple Pay, Google Pay, Samsung Pay.
Transactions carried out at an RBC Royal Bank branch or through the RBC Royal Bank ATM network, and bank fee transactions, are not included as qualifying transactions.
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/isofferterms60 opens another RBC site in a new window
RBC Online Banking is provided by Royal Bank of Canada. RBC Mobile is operated by Royal Bank of Canada, RBC Direct Investing Inc. and RBC Dominion Securities Inc. RBC Mobile Student Edition is intended for clients under the age of 22. RBC Canada, RBC Rewards and RBC eGift are operated by Royal Bank of Canada.
RBC Advantage Banking for students allows eligible full-time students to receive a full waiver of the standard Monthly Fee applicable to our RBC Advantage Banking account. Please refer to the section labelled “Rebates and Discounts: RBC Advantage Banking for students(PDF opens in new window)
in the document entitled “Addendum to April 30, 2020 Personal Deposit Accounts Disclosures and Agreements”, which provides information specific to the RBC Advantage Banking account to supplement the information provided in the Personal Deposit Accounts Disclosures and Agreements document.
To be considered a full-time student, you must attend a primary or secondary school OR be enrolled in a program at the post-secondary level at a college, university or other educational institution (whether in Canada or not). If you are a post-secondary student, you must take at least 60% of the usual course load for the program in which you are enrolled in any particular semester. Proof of enrollment may be requested at our discretion.
There is a limit of 999 free Interac e-Transfer Transactions per Month per Account; for every Interac e-Transfer Transaction over the limit, you will be charged $1.00.
Interac e-Transfer Transactions expire 30 days after they are sent and cannot be claimed by the recipient after this time. You have 15 days after the Interac e-Transfer Transaction is sent to cancel without charge. A $5.00 Interac e-Transfer Transaction Reclaim Fee is charged when a recipient does not accept it before it expires and the sender does not cancel the transaction before the 15-day cancellation period.
An ATM operator surcharge (also called convenience fee) may be charged by other ATM operators. The convenience fee is not a Royal Bank fee. It is added directly to the amount of your cash withdrawal. All clients who use non-RBC ATMs may be charged a convenience fee regardless of the type of Account they hold.
When you use your Client Card to make a withdrawal in a currency other than Canadian dollars at an ATM outside Canada displaying the PLUS system symbol, we will convert the amounts withdrawn and any associated charges imposed by any third party for the use of the ATM to Canadian dollars when we deduct the funds from your Account. We will convert these amounts to Canadian dollars no later than the date we post the transaction to your Account at our exchange rate, which is 2.5% over a benchmark rate set by Visa International, a subsidiary of Visa Inc., and which Royal Bank of Canada pays on the date of conversion. This rate may be different from the rate in effect on the date your ATM withdrawal occurred or on the date of the transaction.
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. You must request a Virtual Visa Debit card.
When you enrol your eligible RBC personal bank account into the RBC Value Program, you will be eligible to earn RBC Rewards points within the RBC Rewards Program as an Eligible Personal Banking Client, and any such points earned will be deposited into the RBC Rewards account tied to your enrolled account. Purchases from your account refers to using your RBC Client Card to pay for items at a merchant or service provider with the amount electronically debited directly from your enrolled account or using your RBC Virtual Visa Debit for purchases online. RBC Rewards points are governed by the RBC Rewards Terms and Conditionsopens another RBC site in a new window
available on our website, or a copy may be provided to you by contacting us. For complete details on the Value Program, please see the Value Program Terms & Conditions(PDF opens in new window)
An RBC Royal Bank credit card with no credit history is available to RBC personal deposit accountholders who are (i) permanent residents and international students who have arrived in Canada within the last 12 months, or (ii) temporary resident workers who arrived in Canada within the last 48 months, provided you meet all of the eligibility and credit criteria of Royal Bank of Canada. If you do not qualify for an unsecured RBC Royal Bank credit card, you may still be eligible for a credit card provided you give us a security deposit and meet Royal Bank of Canada's eligibility criteria. Newcomers to Canada who do not qualify for this offer may be eligible for an RBC personal credit card subject to the standard eligibility and lending criteria of Royal Bank of Canada, including Canadian credit history.
Available to newcomers who are
(i) permanent residents or international students who arrived in Canada within the last 12 months, or
(ii) temporary resident workers who arrived in Canada within the last 48 months, provided you meet all of the eligibility and credit criteria of Royal Bank of Canada.
If you don't qualify for an unsecured RBC Royal Bank credit card, you may still be eligible for a credit card provided you give us a security deposit and meet Royal Bank of Canada's eligibility criteria.
To receive 2,500 welcome RBC Rewards points, your application form must be received by October 31, 2021 and approved by us.
Upon enrolment, 2,500 bonus RBC Rewards points will appear on your first credit card statement. Additional cardholder(s), as well as existing RBC Rewards+ Visa cardholders as of the offer eligibility period, are not eligible for this offer.
Offer may be amended or withdrawn at any time without notice.
To receive 3,500 RBC Rewards points on your RBC Rewards+ Visa credit card account as part of our digital bonus offer, get 500 points for completing each of the following activities within 60 days of credit card approval: (i) share your email address with us, (ii) sign up for eStatements for your card, (iii) download and sign into the RBC Mobile app, and provided you bank with RBC (with an RBC Day to Day Banking, RBC Advantage Banking, RBC Private Banking, RBC Signature No Limit Banking, RBC VIP Banking, US Personal Account, Ratelink Essential, Ratelink Preference, RBC Day to Day Savings, RBC Enhanced Savings or RBC High Interest eSavings account), (iv) make an Interac e-Transfer with the RBC Mobile app or RBC Online Banking, (v) Transfer funds with the RBC Mobile app or RBC Online Banking, (vi) deposit a cheque with the RBC Mobile app and (vii) pay a bill with the RBC Mobile app or RBC Online Banking. Additional cardholder(s), as well as existing RBC Rewards+ Visa cardholders as of the offer eligibility period, are not eligible for this offer. This offer may not be combined or used in conjunction with any other offer, unless otherwise indicated by us. Offer may be amended or withdrawn at any time without notice.
Coverage underwritten by Aviva General Insurance Company in the Province of Quebec and by RBC Insurance Company of Canada in the rest of Canada. All insurance is subject to limitations and exclusions. Please refer to the certificate of insurance for complete details.