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Our Featured Chequing Account for International Students

RBC Advantage Banking for Students

  • $0 monthly fee for full-time students76

  • Unlimited debits in Canada

  • Free Interac e-Transfer transactions61, 65

  • No RBC fee to use another bank’s ATM in Canada66, 67

  • Safe online shopping with Virtual Visa Debit74

  • Enjoy the convenience of RBC International Money Transfers13

  • An app built for you—RBC Mobile Student Edition78

  • Enrol your account in the Value Program then shop online and in-store with your enrolled account to earn

    points on debit.75

  • Up to $48 rebate on annual fee of an eligible credit card19

What’s a Chequing Account?

A chequing account is a banking account for making debit transactions. A debit transaction means a withdrawal of funds from an account such as a cash withdrawal, bill payment or fund transfer.  

Apply for an RBC credit card and get a credit limit up to $2,000—no credit history required!*

Here are some student favourites—we can help you choose a card when you call or visit a branch. 

RBC Cash Back Mastercard
  • Get a limit of up to $2,0002

  • No credit history required for RBC personal banking clients2. Higher credit limits are subject to higher income and asset requirements

  • Earn up to 2% cash back on grocery store purchases and up to 1% on everyday purchases35

  • Get 10% bonus cash back for the first 3 months (up to a maximum spend of $2,000) with a new RBC Cash Back Mastercard. That’s up to 12% cash back on grocery store purchases for the first three months and up to 11% on all other purchases for the first three months.


Annual Fee



Purchase Rate



Cash Advance Rate

(21.99% in Quebec)

  • Earn 1 Avion point for every $1 spent on all other qualifying purchases36

  • No annual fee

  • Earn 1.5X Avion points36 for every $1 spent on:

    • Groceries – Satisfy your taste buds by earning points on groceriesi

    • Rideshare, Gas & EV Charging – Enjoy earning points on gas, rideshare, daily public transit, and electric vehicle chargingii

    • Streaming, Digital Gaming & Subscriptions– Stay entertained while earning points on streaming, gaming, eligible digital subscriptions, eligible digital downloads, and in-game purchasesiii


Annual Fee



Purchase Rate



Cash Advance Rate


Multi-ethnic group of students studying outdoors

Get Your Study Permit in Canada Faster

An RBC Guaranteed Investment Certificate (GIC) can help provide proof of funds to meet the requirements of the Student Direct Stream (SDS) program.

Explore the RBC International Student GIC Program

Special Savings and Services Beyond Banking

We’ve partnered with many brands and agencies to bring newcomer savings and services. It’s one way we’re helping to make your transition to Canada a little easier. 

See Partner Offers

Get a Canada eSIM/SIM, plus a phone plan deal


Savings on gas with Petro Canada

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Free Employment Webinars with Acces

Build your professional network with TRIEC

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Free information / resources for your newcomer journey

Ready to Get the Newcomer Advantage?

How Can We Help You?

We offer a few ways to talk to an advisor. Choose whichever option is best for you.


Call to book an appointment or open a bank account over the phone or by video conference