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Open an RBC Advantage Banking Account for Students

With the RBC Mobile Student Edition2 of the RBC Mobile2 app, RBC Online Banking2, 1,200+ branches and over 4,000 ATMs, it’s easy for you to access your money in Canada.

Account Features and Benefits

  • No-monthly-fee for full-time students3Disclaimer
  • Unlimited debit transactions in Canada
  • Free Interac e-Transfer transactions4Disclaimer, 5Disclaimer
  • No RBC fee to use another bank’s ATM in Canada6Disclaimer, 7Disclaimer
  • Enjoy the Value Program at no additional cost: Shop online and in-store with your enrolled account to earn points on debit.9Disclaimer

How to Get Started

1

Call to book an appointment

You can open an account over the phone, by video conference or at a branch.

2

Open an RBC Advantage Banking account for students by August 3, 2021

Be sure to have your passport and study permit at hand for your appointment.

3

Complete any two of these transactions by September 30, 2021:

  • Online or in-store purchase
  • Interac e-Transfer transaction
  • Mobile Cheque Deposit
 

We will then deposit $60 cash directly into your new RBC Advantage Banking account for students1.

We will then deposit $60 cash directly into your new RBC Advantage Banking account for students1.

Add a Credit Card—No Credit History Required10Disclaimer

RBC Rewards+ Visa credit card
  • No annual fee
  • Get 2,500 welcome points upon approval11Disclaimer
  • Get an additional up to 3,500 bonus RBC Rewards points when you go digital within 60 days of card approval12Disclaimer.

  • Additional Card: $0
  • Purchase Rate: 19.99%
  • Cash Advance Rate: 22.99%
  • Includes Purchase Security and Extended Warranty Insurance13Disclaimer

Additional Fees

  • Cash Advance: $3.50 in Canada and $5.00 outside of Canada
  • Balance Transfer Promotional Rate Fee: Up to 3% of transaction amount
  • Dishonoured Payment Fee: $45.00
  • Overlimit Fee: $29.00 (No Overlimit Fee for residents of Quebec)
  • Additional Copies: $5 for a Monthly Statement, $1.50 for Statement updates at the ATM, $2 for Transaction Receipts
  • Installment Plan Fee: If applicable, either a (i) one-time fee of up to 3% of total purchase amount, or (ii) monthly fee of up to 1.15% of total purchase amount (no fee in Quebec).

2,500 welcome RBC Rewards points offer ends October 31, 2021.

Why International Students Love RBC

  • As one of Canada’s largest banks, we are dedicated to helping international students feel at ease with their banking needs and beyond
  • Bank safely anywhere, anytime online and with the RBC Mobile Student Edition2 of the RBC Mobile2 app
  • Easily access your money using the largest combined branch and ATM network across Canada
  • Talk to someone in your language—service is available in up to 200 languages

Open Your RBC Advantage Banking Account for Students

Call to open your account over the phone, by video conference or at a branchOpens modal pop-up , then complete the steps above, and get $60 cash1.

Be sure to have your passport and study permit at hand for your appointment.

Call 1-866-583-9122 to book an appointment.

Call 1-866-583-9122 to book an appointment.