Branch Safety and Account Opening Options
For the health and safety of our communities and employees, we have introduced new safety protocols in some branches and temporarily closed others.
To address the challenges facing international students, we are happy to schedule an appointment to open a bank account by phone, video conference or in branch.
Open an RBC Student Bank Account
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. Plus, it’s easy to take advantage of our exciting new offer.
Here’s how to get started:
Call to book an appointment
You can open an account over the phone, by video conference or at a branch.
Open the RBC student bank account of your choice by February 1, 2021
Be sure to have your passport and study permit at hand for your appointment.
Complete any two of these transactions by March 31, 2021:
- Online or in-store purchase
- Interac e-Transfer transaction
- Mobile Cheque Deposit
We will then deposit $60 cash directly into your new RBC student bank account1.
We will then deposit $60 cash directly into your new RBC student bank account1.
Choose the Account That’s Right For You
| RBC Student Banking | RBC No Limit Banking for Students | |
|---|---|---|
| Monthly Fee | No fee |
$10.95 after first 12 months. |
| Debits | 25 free per month3 | Unlimited |
| Free Interac e-Transfer transactions4 |
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|
| RBC Virtual Visa Debit5 | |
|
Limited-time offer: No monthly fee for the first 12 months when you open this account by February 1, 2021.Why International Students Love RBC
- As Canada’s largest bank^, 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 Student Bank Account
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.
*
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.
Legal Disclaimer1)
Offer available September 1, 2020 – February 1, 2021 (“Promotional Period”)
This offer is available to any Eligible Student Clients 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 RBC No Limit Banking for Students account (monthly fee of $10.95) or $60 with an RBC Student Banking account ("Eligible Personal Bank Account"). You must open your first new Eligible Personal Banking Account by 9:00 PM EST on February 1, 2021 and complete two of the following Qualifying Criteria by 9:00 PM EST on March 31, 2021 using your Eligible Personal Banking Account: mobile cheque deposit, Interac e-Transfer; or any purchase - including those done with RBC Virtual Visa Debit, Interac Flash, Apple Pay, Google Pay, Samsung Pay or with the RBC Wallet. Qualifying Criteria can be made within RBC Online Banking, the RBC Mobile app or with your RBC Client Card. Transactions made in branch or through the ATM network, as well as bank fee transactions, are not included as a Qualifying Criteria.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.
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 Eligible Student Clients who open an RBC No Limit Banking for Students account, the monthly fee waiver component of the Promotional Offer will be provided as an automatic waiver of the account’s standard monthly fee ($10.95) for each of the first twelve (12) months beginning in the month that you open an RBC No Limit Banking for Students Account.
For full details including defined terms visit rbc.com/isofferterms60 opens another RBC site in a new window.
This offer is available to any Eligible Student Clients 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 RBC No Limit Banking for Students account (monthly fee of $10.95) or $60 with an RBC Student Banking account ("Eligible Personal Bank Account"). You must open your first new Eligible Personal Banking Account by 9:00 PM EST on February 1, 2021 and complete two of the following Qualifying Criteria by 9:00 PM EST on March 31, 2021 using your Eligible Personal Banking Account: mobile cheque deposit, Interac e-Transfer; or any purchase - including those done with RBC Virtual Visa Debit, Interac Flash, Apple Pay, Google Pay, Samsung Pay or with the RBC Wallet. Qualifying Criteria can be made within RBC Online Banking, the RBC Mobile app or with your RBC Client Card. Transactions made in branch or through the ATM network, as well as bank fee transactions, are not included as a Qualifying Criteria.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.
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 Eligible Student Clients who open an RBC No Limit Banking for Students account, the monthly fee waiver component of the Promotional Offer will be provided as an automatic waiver of the account’s standard monthly fee ($10.95) for each of the first twelve (12) months beginning in the month that you open an RBC No Limit Banking for Students Account.
For full details including defined terms visit rbc.com/isofferterms60 opens another RBC site in a new window.
Legal Disclaimer2)
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 Wallet, RBC Rewards and RBC eGift are operated by Royal Bank of Canada.
Legal Disclaimer3)
RBC Virtual Visa Debits, Third-party payments, 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 Student Banking Account are free of charge. All other Debit Transactions from this Account 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. Free Debit Transactions are calculated per Monthly Cycle. $1.25 is charged for each debit over the monthly limit.
Legal Disclaimer4)
Unlimited free Interac e-Transfer transactions are available in all Canadian dollar personal banking (chequing) accounts and are not counted toward the free monthly total in accounts with a limited number of free debits. In all Canadian dollar savings accounts, Interac e-Transfer transactions are $1.25 each, count as a Debit Transaction toward any free monthly total and carry an Excess Debit Transaction fee, if applicable. Interac e-Transfer transactions are not available in US dollar accounts.
Legal Disclaimer5)
When you use RBC Virtual Visa Debit to make a payment: the funds will be debited from your account. This is the account you access with your RBC Royal Bank Client Card when you select the “Chequing” option on a merchant payment terminal or at an automated teller machine. The merchant performs an authorization on your account at the time of the purchase and the charge is immediately debited from that account. In some cases, merchants may need to adjust the authorization amount. Should this occur, a credit adjustment in the amount of the original authorization will be credited to your account, followed immediately by a debit adjustment that reflects the final transaction amount.
Legal Disclaimer6)
To receive the 2,500 bonus RBC Rewards points, your application form must be received 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. This offer may not be combined or used in conjunction with any other offer.
Legal Disclaimer7)
An RBC Royal Bank credit card with no Canadian credit history required is available to (i) permanent residents and international students who arrived in Canada within the last 12 months, and (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.
Legal Disclaimer^)
Based on market capitalization.
