{"id":94824,"date":"2025-06-26T10:40:21","date_gmt":"2025-06-26T14:40:21","guid":{"rendered":"https:\/\/www.rbcroyalbank.com\/en-ca\/?post_type=rbc_my_money_matter&#038;p=94824"},"modified":"2025-07-16T15:47:43","modified_gmt":"2025-07-16T19:47:43","slug":"what-to-consider-when-choosing-a-student-bank-account","status":"publish","type":"rbc_my_money_matter","link":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/money-academy\/banking-basics\/account-types\/what-to-consider-when-choosing-a-student-bank-account\/","title":{"rendered":"What to Consider When Choosing a Student Bank Account"},"content":{"rendered":"\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-rbc-rbc-block drop-shadow pos-rel top-line-blue block-wpr\">\n<div class=\"wp-block-rbc-rbc-block-inner-block block-inner\">\n<h4 class=\"wp-block-heading\" id=\"h-tldr\">TLDR<\/h4>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-blue-disc\">\n<li class=\"wp-block-rbc-list-item\">\n<p>A student bank account is a regular chequing account with additional perks geared toward students.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-blue-disc\">\n<li class=\"wp-block-rbc-list-item\">\n<p>Perks of student bank accounts typically include low or no monthly fee, overdraft protection, unlimited debits, no-fee ATM access and more.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-blue-disc\">\n<li class=\"wp-block-rbc-list-item\">\n<p>To open a student bank account, you usually need a form of identification, proof of enrolment and your expected graduation date.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-blue-disc\">\n<li class=\"wp-block-rbc-list-item\">\n<p>After you graduate, your student bank account usually rolls over into a regular chequing account.<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>As a student, you have a lot on your plate\u2014your bank account doesn\u2019t have to add to it.<\/p>\n\n\n\n<p>Rather than surprising you with unexpected fees, limited ATM access or transaction limits, a student bank account offers special perks to make your life easier. Some of these perks include:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-blue-disc\">\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>Low or no monthly fee<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>Unlimited debits<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>No minimum balance requirement<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>Overdraft protection<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>Easy access to your money<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>Rewards programs<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p>With so many account options out there, it can be hard to choose the right <a href=\"https:\/\/www.rbcroyalbank.com\/bank-accounts\/youth-student-banking\/advantage-banking-students.html\" data-dig-id=\"LP-94824-f274390b\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"student bank account\" class=\"rbc-link-format\">student bank account<\/a> for your needs. Here are a few things to think about when weighing your choices.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-factors-to-consider-before-opening-a-student-bank-account\">Factors to consider before opening a student bank account<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-features-and-benefits\">Features and benefits<\/h3>\n\n\n\n<p>When exploring student bank accounts, see if they offer perks like:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-blue-disc\">\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p><strong>Overdraft protection<\/strong> to help you in case of an unexpected cash crunch<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p><strong>Special student offers\u2014<\/strong>like a gift card or cash<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p><strong>Other perks<\/strong> like rewards programs and free transfers<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p>If the account offers the benefits you want, the next step is to understand its fees and costs.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-fees-and-other-costs\">Fees and other costs<\/h3>\n\n\n\n<p>Here are a few standard costs to look out for when choosing a student bank account.<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-blue-disc\">\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p><strong>Minimum balance requirements<\/strong>:&nbsp;Some accounts require you to keep a certain minimum balance to avoid fees or qualify for specific benefits. If it\u2019s important to you to avoid the pressure of maintaining a minimum balance, look out for this when choosing your student bank account.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p><strong>Monthly fees<\/strong>: Many bank accounts charge a monthly fee (sometimes called a maintenance fee or service charge) to cover the bank\u2019s services. One common perk of student bank accounts is that they usually offer low or no monthly fee for full-time students.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p><strong>Banking fees<\/strong>: Does the account charge for debit transactions, international money transfers or other transactions you regularly make?<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p>Now that we\u2019ve covered a few fees\u2014let\u2019s talk about account convenience.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-access-and-convenience\">Access and convenience<\/h3>\n\n\n\n<p>Does the account offer convenient perks that fit your banking habits and busy schedule?<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-blue-disc\">\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p><strong>Unlimited transactions<\/strong>: Can you send, withdraw and transfer money as often as you want? If you don\u2019t want to keep track of your daily transactions, you\u2019ll want to pick a student bank account with no limits.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p><strong>Mobile apps<\/strong>: Some banks\u2019 apps will offer capabilities tailored to students, such as creating a custom profile and sending fast transfers to friends.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p><strong>ATM access<\/strong>: Does the account offer access to ATMs across Canada, or will you be charged a fee for using other banks\u2019 ATMs?<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p>Once you find the student bank account that aligns with your daily needs, it\u2019s time to gather everything you need to open the account.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-requirements-for-opening-a-student-bank-account\">Requirements for opening a student bank account<\/h3>\n\n\n\n<p>When opening a student bank account, you must usually provide your:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-blue-disc\">\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>Name<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>Contact info<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>Identification<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>Proof of school enrolment<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>Expected graduation date<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p>You might also have to give details about where you live, your residential status and more.<\/p>\n\n\n\n<p>Different banks and accounts have different \u201cstudent\u201d criteria. While most require you to live in Canada, some require that you have a full-time course load in a post-secondary program (and show proof). Others might not be as strict.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-is-a-student-bank-account-different-than-a-regular-bank-account\">How is a student bank account different than a regular bank account?<\/h2>\n\n\n\n<p>A student bank account is very similar to a \u201cregular\u201d chequing account. The main differences usually apply to eligibility, perks and fees as outlined in the chart below.<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<table class=\"table-swipe wp-block-rbc-responsive-table-block is-style-table-striped\"><thead><tr><th scope=\"col\">Feature<\/th><th scope=\"col\">Student Bank Account<\/th><th scope=\"col\">Regular Bank Account<\/th><\/tr><\/thead><tbody><tr><td>Eligibility<\/td><td>Open only to students (there can be age limits too)<\/td><td>Open to anyone (subject to approval)<\/td><\/tr><tr><td>Fees<\/td><td>Typically, low or no monthly fees and access to more ATMs with no bank fee<\/td><td>Some have monthly fees and charge a bank fee to access other banks\u2019 ATMs<\/td><\/tr><tr><td>Minimum Balance<\/td><td>Typically, no minimum balance requirements<\/td><td>May have minimum balance requirements, depending on the bank<\/td><\/tr><tr><td>Other Benefits<\/td><td>Student-specific benefits like tailored mobile apps, budgeting tools and more<\/td><td>General mobile apps, higher interest rates and various rewards programs<\/td><\/tr><\/tbody><\/table>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:40px\"><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-types-of-student-accounts\">Types of student accounts<\/h2>\n\n\n\n<p>In Canada, the most common options for students are student chequing accounts and student banking packages.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-student-chequing-accounts\">Student chequing accounts<\/h3>\n\n\n\n<p><a href=\"https:\/\/www.rbcroyalbank.com\/bank-accounts\/youth-student-banking\/advantage-banking-students.html\" data-dig-id=\"LP-94824-f41e8125\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"A student chequing account\" class=\"rbc-link-format\">A student chequing account<\/a> is just a regular chequing account&nbsp;with some specific features and benefits geared towards students. Some common perks include:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-blue-disc\">\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>$0 monthly fee<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>No minimum balance requirement<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>Unlimited debits<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>Special offers<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>Overdraft protection<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>Rewards points<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>ATM access with no bank fees<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>Tailored mobile apps<\/p>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-student-banking-packages\">Student banking packages<\/h3>\n\n\n\n<p>You can pair your student chequing account with these valuable financial products:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-blue-disc\">\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>A <a href=\"https:\/\/www.rbcroyalbank.com\/bank-accounts\/savings-accounts\/\" data-dig-id=\"LP-94824-cc5fd571\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"savings account\" class=\"rbc-link-format\">savings account<\/a> to help you stash money away from your everyday transactions\u2014and even earn more on every dollar with a high interest savings account<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p>A <a href=\"https:\/\/www.rbcroyalbank.com\/credit-cards\/student.html\" data-dig-id=\"LP-94824-67192f8f\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"credit card\" class=\"rbc-link-format\">credit card<\/a> to help you maximize rewards like travel points, cash back and savings<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p>As a student, you can also access additional resources like <a href=\"https:\/\/www.rbcroyalbank.com\/student-solution\/\" data-dig-id=\"LP-94824-ccf45de2\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"rewards programs, student loans and more\" class=\"rbc-link-format\">rewards programs, student loans and more<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-should-i-open-a-student-chequing-account\">Should I open a student chequing account?<\/h2>\n\n\n\n<p>If you want to take advantage of certain account benefits and features only offered to students, a student chequing account could be a great option for you.<\/p>\n\n\n\n<p>You can also open a <a href=\"https:\/\/www.rbcroyalbank.com\/bank-accounts\/youth-student-banking\/advantage-banking-students.html\" data-dig-id=\"LP-94824-30c42e23\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"student chequing account\" class=\"rbc-link-format\">student chequing account<\/a> if you\u2019re studying abroad in Canada as an international student.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-pros-and-cons-of-student-chequing-accounts\">Pros and cons of student chequing accounts<\/h3>\n\n\n\n<p>Please keep in mind that these pros and cons are general\u2014they may not apply to all student chequing accounts in Canada.<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:450px\">\n<table class=\"table-swipe wp-block-rbc-responsive-table-block is-style-table-striped\"><thead><tr><th scope=\"col\">Pros<\/th><th scope=\"col\">Cons<\/th><\/tr><\/thead><tbody><tr><td>No monthly fees<\/td><td>Proof of enrolment<\/td><\/tr><tr><td>Special student <br>promotions or offers<\/td><td>Age restrictions<\/td><\/tr><tr><td>Unlimited transactions<\/td><td>Reduced benefits <br>after graduation<\/td><\/tr><tr><td>ATM withdrawals with <br>no bank fee<\/td><td>Limited cheques, <br>bank drafts and <br>other features<\/td><\/tr><\/tbody><\/table>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-other-accounts-to-consider\">Other accounts to consider<\/h3>\n\n\n\n<p>Whether you\u2019re looking for different chequing account features or saving for the future, here are a few other account types to think about.<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-blue-disc\">\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p><strong>Regular chequing account<\/strong>: While <a href=\"https:\/\/www.rbcroyalbank.com\/bank-accounts\/chequing-accounts\/\" data-dig-id=\"LP-94824-be739a60\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"regular chequing accounts\" class=\"rbc-link-format\">regular chequing accounts<\/a> don\u2019t have student-specific benefits, they might have other features that meet your financial needs.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p><strong>Regular savings account<\/strong>: Pair <a href=\"https:\/\/www.rbcroyalbank.com\/bank-accounts\/savings-accounts\/\" data-dig-id=\"LP-94824-0b340d0c\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"a regular savings account\" class=\"rbc-link-format\">a regular savings account<\/a> with your chequing account to make quick, easy transfers between the two\u2014especially if they\u2019re held at the same bank.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p><strong>High interest savings account (HISA)<\/strong>: <a href=\"https:\/\/www.rbcroyalbank.com\/bank-accounts\/savings-accounts\/high-interest-savings-account.html\" data-dig-id=\"LP-94824-a5caccae\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"A HISA\" class=\"rbc-link-format\">A HISA<\/a> can help you earn more on every dollar you save with a higher interest rate than most regular savings accounts.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item mar-l mob-mar-l\">\n<p><strong>Investment accounts<\/strong>: <a href=\"https:\/\/www.rbcroyalbank.com\/investments\/investments-savings-accounts.html\" data-dig-id=\"LP-94824-d6740c07\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"A registered investment account\" class=\"rbc-link-format\">A registered investment account<\/a> can help you earn more on the money you save\u2014with the potential for compound interest and unique tax benefits.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p>It\u2019s never too early to start planning and saving for your future after graduation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-do-i-open-a-student-bank-account\">How do I open a student bank account?<\/h2>\n\n\n\n<p>You can open a student bank account online, over the phone or in person at most banks. Keep in mind that you\u2019ll likely need a form of identification and proof of enrolment in school.<\/p>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block inner-section-cool-white section-inner  has-f-5-f-8-f-9-background-color has-background\" style=\"border-radius:0x\">\n<h3 class=\"wp-block-heading has-text-align-center\" id=\"h-other-faqs-about-student-bank-accounts\">Other FAQs about student bank accounts?<\/h3>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-accordion aligncenter accordion\" id=\"&quot;accordionSet1\">\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titleae3627a7\" class=\"collapse-toggle collapsed\" data-target=\"#accordionae3627a7\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-94824-ae3627a7\" aria-controls=\"accordionae3627a7\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"What is the best bank account for students?\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>What is the best bank account for students?<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordionae3627a7\" role=\"region\" aria-labelledby=\"accordion-titleae3627a7\"><div class=\"collapse-inner\">\n<p>The best bank account for students offers perks that align with your daily money habits. To find the best account for you, start by making a list of must-have benefits. For example, you may need free overdraft protection more than ATM access. If you\u2019re an <a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/new-to-canada\/banking-offers-for-international-students-in-canada\/\" data-dig-id=\"LP-94824-bd7a87e1\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"international student\" class=\"rbc-link-format\">international student<\/a>, perhaps you need international money transfers more than a $0 monthly fee.<\/p>\n\n\n\n<p>The best student account is one that offers the benefits you\u2019re seeking.<\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-title953cff3b\" class=\"collapse-toggle collapsed\" data-target=\"#accordion953cff3b\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-94824-953cff3b\" aria-controls=\"accordion953cff3b\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"What happens to my student bank account after I graduate?\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>What happens to my student bank account after I graduate?<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordion953cff3b\" role=\"region\" aria-labelledby=\"accordion-title953cff3b\"><div class=\"collapse-inner\">\n<p>After you graduate, most banks will typically convert your student bank account to a regular chequing account. This means you might lose some student-specific benefits, like $0 monthly fees, overdraft protection and more\u2014unless the regular chequing account also offers those perks.<\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-title79bc6956\" class=\"collapse-toggle collapsed\" data-target=\"#accordion79bc6956\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-94824-79bc6956\" aria-controls=\"accordion79bc6956\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Can I have more than one student bank account\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Can I have more than one student bank account<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordion79bc6956\" role=\"region\" aria-labelledby=\"accordion-title79bc6956\"><div class=\"collapse-inner\">\n<p>Most banks only let you have one student bank account at a time, but you can open other types of accounts at the same bank\u2014or another student bank account at a different bank.<\/p>\n<\/div><\/div><\/div><\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-rbc-rbc-default-collapsible\"><p><button class=\"collapse-toggle collapsed\" data-target=\"#collapse834a1009\" data-toggle=\"collapse\" aria-expanded=\"false\" aria-controls=\"collapse834a1009\" data-dig-id=\"LP-57738-834a1009\" data-dig-category=\"LP\" data-dig-action=\"accordion closed\" action-closed=\"accordion closed\" action-opened=\"accordion open\" data-dig-label=\"Things our lawyers want you to know\"><span>Things our lawyers want you to know<\/span><span>Things our lawyers want you to know<\/span><\/button><\/p><div class=\"collapse-content collapse\" id=\"collapse834a1009\">\n<div class=\"wp-block-rbc-collapsible-inner-block collapse-inner\">\n<p>This article is intended as general information only and is not to be relied upon as constituting legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. Information presented is believed to be factual and up-to-date but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or any of its affiliates.<\/p>\n<\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>With so many account options out there, it can be hard to choose the right student bank account for your needs. 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