Here’s How To Get Your $100 Cash Offer
Open your first RBC Advantage Banking for students account by October 31, 20221.
Use your new RBC bank account to complete 2 of the following transactions by December 30, 2022:
- i. Eligible online or in-store purchase4
- ii. Interac e-Transfer
- iii. Mobile cheque deposit
We’ll deposit your cash bonus directly into your new RBC student bank account.
To qualify
- You’re a full-time student 13+.
- You’re currently living in Canada.
- You open an RBC Advantage Banking for students account.
- You will require one piece of government-issued photo ID to apply.
RBC Vantage For Students
Your bank account gives you more perks for less:
International Students
Find all the tools and resources you need to bank with confidence.
Find all the tools and resources you need to bank with confidence.
View More
Students 12 and Under
Get $25 when you open an RBC Leo’s Young Savers Account11 and unlock an additional $25 in your Mydoh* Wallet12 on us.
Get $25 when you open an RBC Leo’s Young Savers Account11 and unlock an additional $25 in your Mydoh* Wallet12 on us.
View MoreOffer ends October 31, 2022. When you open an account, you will receive an email with a promo code to complete the Mydoh offer.
Take Advantage of This Special Offer
Get $100 Cash when you open a new RBC Advantage Banking for students account by October 31, 2022 and complete the criteria by December 30, 20221. Conditions apply.
Open an AccountAre you an International Student?
Download the app or call to open your account over the phone, by video conference or at a branch. Be sure to have your passport and study permit ready.
Call 1-866-583-9122
Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.
Mydoh is $2.99 per month if you are an RBC Client or $4.99 per month if you are not an RBC Client. RBC Client means an individual who holds at least one personal deposit account with Royal Bank of Canada (excluding saving accounts and US dollar accounts), or a personal RBC Royal Bank credit card.
Offer available July 1, 2022 – October 31, 2022 (“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 of the offer. The Bonus Offer is $100 with an Eligible Personal Banking Account.
To qualify for the $100 you must open your first new Eligible Personal Banking Account by 9:00 PM EST on October 31, 2022 and complete two of the following Qualifying Criteria by 9:00 PM EST on December 30, 2022 using your Eligible Personal Banking Account:
- i. 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 or Samsung Pay; or
- ii. a minimum of one (1) Interac e-Transfer using RBC Online Banking or the RBC Mobile app;
- iii. a minimum of one (1) mobile cheque deposit using the RBC Mobile app;
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 $100 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/offerterms100.
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. You must advise us of your student status at the time of account opening and must advise of any changes to your student status thereafter. Proof of enrollment may be requested at our discretion. Students who are 25 years of age and older must provide proof of enrollment.
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 Online Banking is operated by Royal Bank of Canada.
Eligible purchases include those completed with your RBC Client Card, RBC Virtual Visa Debit associated with your Eligible Personal Banking Account, Interac Flash, Apple Pay, Google Pay, Samsung Pay.
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. There is a limit of 999 free Interac e-Transfer Transactions per Month per Account. In all Canadian dollar savings accounts, Interac e-Transfer transactions are $1 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
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.
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 Conditions 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.
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” 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. You must advise us of your student status at the time of account opening an RBC Advantage Banking for students account and must advise of any changes to your student status thereafter. Proof of enrollment may be requested at our discretion. Students who are 25 years of age and older must provide proof of enrollment.
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.
This offer is available to any Eligible Clients without a Personal Banking Account with Royal Bank of Canada within the last 3 years before the start of the promotional period on July 18, 2022. The Bonus Offer is $25 with an RBC Leo's Young Savers Account®. This account type is intended for clients 0-12 years. No qualifying transactions or purchases are required for the $25 Bonus Offer with the RBC Leo's Young Savers Account. The Bonus Offer will be deposited into your Eligible Personal Banking Account within 2 to 8 weeks provided your account remains in good standing. 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 or modify this offer at any time without notice, even after acceptance by you. You must open your first new Eligible Personal Banking Account by 11:59 PM EST on October 31, 2022.
For full legal terms click here: rbc.com/leo25
Limited time offer available to Canadian residents who are age of majority at the time of Mydoh account opening in their province or territory of residence and have never previously signed up to Mydoh. A Mydoh offer promo code will be emailed to you to the email address you provided when opening RBC Leo’s Young Savers Account. Enter the promo code during the Mydoh account sign up process between July 18 and October 31, 2022, you will earn $25 CAD (“Bonus Offer”) in your Mydoh Wallet.
The Bonus Offer will be credited to your Mydoh Wallet within 4-6 weeks of successful sign up. The Bonus Offer can be sent to your child as soon as it is deposited in your Mydoh Wallet, and your child can spend the Bonus Offer in-store or online, upon receiving the funds. The Bonus Offer cannot be withdrawn from your Mydoh Wallet within the first 30 days after it is credited. If you close your account within the first 30 days, the Bonus Offer will be deducted from any withdrawn funds. This offer cannot be combined with any other Mydoh offers. Royal Bank of Canada may cancel or modify this Bonus Offer at any time.