Medical and Dental Students Studying Abroad

Q: How do I minimize foreign exchange fees while studying abroad?

Currency fees can add up quickly—here are a few ways to keep more of your money: Stay aware of fees. Before heading abroad, check your RBC account details to understand any foreign transaction fees. Knowing the costs ahead of time can help you plan better. Convert money in fewer, larger transactions. Making fewer currency exchanges can help reduce the costs associated with multiple conversions. Consider opening a local bank account. A local bank account can make it easier to manage day-to-day expenses in the local currency and reduce your total number of currency conversions. Pay in local currency. When paying abroad, merchants may ask if you want to pay in Canadian dollars (CAD) instead of the local currency. To avoid paying hidden fees and less favourable exchange rates, choose the local currency. Visit RBC International Money Transfers to learn more about how to send money internationally safely and securely with RBC.

Open a No Monthly Fee RBC Advantage Banking Account for Students and Get AirPods 4¹

Bonus! Get 3 months of Apple Music with your new AirPods!

New subscribers only. After 3 months, subscription automatically renews until cancelled.

Learn More

Conditions apply. Offer ends November 2, 2026.
Complete offer qualifying criteria by January 15, 2027.

Open a No Monthly Fee RBC Advantage Banking Account for Students and Get AirPods 4¹

Bonus! Get 3 months of Apple Music with your new AirPods!

New subscribers only. After 3 months, subscription automatically renews until cancelled.

Learn More

Conditions apply. Offer ends November 2, 2026.
Complete offer qualifying criteria by January 15, 2027.

Flexible Financing to Help You Study Abroad

School expenses can add up fast, especially when you’re venturing outside of Canada for medical or dental school.

Have the flexibility of a student line of credit. Borrow what you need, when you need it with the medical/dental Royal Credit Line for Students.

Medical or Dental Student Line of Credit Benefits

You can get $1,000^* to use however you want when you open a new medical/dental Royal Credit Line for Students.

Borrow up to $350,000
Access up to $100,000 in year one²

Get a preferred interest rate of Prime³
Help keep interest costs low while you study

Pay interest on what you borrow
Interest applies only on funds you use

Get flexible repayment options that suit your budget
Timelines that consider student needs

Talk to an RBC Healthcare Specialist

3 Simple Steps to Apply and Get Your Offer

An RBC Healthcare Specialist can guide you through the whole application process with personalized support.

Confirm Your Enrolment

Provide confirmation that you’re enrolled at an eligible medical or dental educational institution.

The following can be used as confirmation of enrolment:

Invoice or receipt of payment for tuition
Proof of enrolment letter from the Registrar’s Office
Acceptance letter that includes proof of payment for tuition deposit
Printout from the Registrar’s Office website

Estimate Your Costs

Estimate your education-related costs, including tuition, supplies, fees, housing, food, travel and more.

Try our Student Budget Calculator

List Your Financial Resources

Tell us about your financial resources, including RESPs, scholarships/bursaries, government funding, summer employment, etc.

Note: Applications are subject to credit approval. If you are studying at an educational institution outside of Canada, a co-signer is required.

Banking Offers Built for Student Life

RBC Advantage Banking Account for students

Monthly Fee:

Offered as a part of our FCAC low cost and no cost account commitment to qualifying Canadian consumers.

$0⁴

LIMITED TIME OFFER

Open an RBC Advantage Banking Account for students and get AirPods 4¹!

Conditions Apply

Includes:

Make unlimited debit transactions in Canada⁵
FREE Interac e-Transfer transactions^6,7
Pay no fee for U.S. or international money transfer⁸
Earn Avion points on everyday purchases⁹

View Card Details

RBC ION+ Visa

Annual Fee:

$48$0¹³

LIMITED TIME OFFER

Get up to 28,000 Avion points¹⁰ - that’s up to $200 of value in gift cards¹¹! Apply by November 4, 2026

Conditions Apply

Includes:

Earn 3X Avion points for every $1 spent on groceries, gas, dining, food delivery and more¹²
Start redeeming with as little as 1,400 Avion points, which gets you a $10 gift card¹¹
Get an annual fee rebate¹³ if you’re a student —or you're 24 or younger
Accepted virtually anywhere you travel throughout the world

View Card Details

Talk to an RBC Healthcare Specialist

Make Everyday Purchases Go Further with Avion Rewards

When you’re an RBC client, you get Avion Rewards, RBC’s loyalty program where you get cashback, savings, and points you can use for almost anything.

Book Flights¹⁴

Redeem for flights or use your points for other travel rewards like hotels, car rentals, vacation packages and more.

Gift cards¹⁴

Choose from a wide selection of gift cards and merchandise from top brands.

Make payments towards expenses¹⁴

Use your points to help you pay your mortgage, credit cards, loans, bills, and more.

Send interac eTransfers¹⁴

Send Interac eTransfers using points to pay for everyday expenses.

Explore Avion Rewards

Tools to Help You Plan for Medical or Dental School—and Beyond

Student Budget Calculator

Figure out how much money you'll need to get through the school year.

Build Your Budget

Monthly Cash Flow Calculator

Get a clear view of your cash flow and estimate your fixed, flexible and discretionary costs, to help lower your debt.

Estimate Your Cash Flow

RBC Mobile App

The RBC Mobile¹⁵ app gives you personalized tools and insights so you can save, spend and manage your money with ease—including tuition.

Discover more

Explore Money Tips for Medical and Dental Students

From budgeting to balancing debt, explore financial wellness topics tailored to you.

A Checklist Every Canadian Medical & Dental Student Studying Abroad Needs

Use this checklist to budget and prepare for the financial realities of studying abroad, so you can avoid surprises and stay on track.

Top 6 Savings Tips for Medical and Dental Students

Don’t be overwhelmed by the bills. With some smart planning, you can get a great start on saving for the future.

Make Your Line of Credit Work Hard for You Throughout Your Medical or Dental Career

Discover how a personal line of credit can help you manage debt and set you up for financial stability in your healthcare career.

Frequently Asked Questions

How much should I budget for studying medicine or dentistry abroad?

Creating a budget in the local currency before you leave can help you avoid financial surprises. Start by estimating your major expenses, such as:

Tuition and school expenses (e.g., textbooks, student fees, equipment, scrubs)
Housing and utilities (e.g., rent or residency fees, electricity, internet, security deposits)
Living expenses (e.g., groceries, cell phone, laundry, household items)
Transportation (e.g., public transport, ridesharing, flights home)
Health insurance and medical expenses (e.g., travel and health insurance, dental and vision care, prescriptions)
Personal expenses (e.g., clothing, gym, streaming services, entertainment, personal care)
Emergency fund

Research the cost of living in your destination and create a monthly spending plan. Having access to extra funds through a student line of credit can give you peace of mind for unexpected expenses.

To learn more, speak to an RBC Healthcare Specialist for more information.

Do I need a local bank account when studying abroad?

While it’s not required to open a local bank account where you’re studying, it can make it much easier to manage your finances. Here are a few reasons why:

Reduce Fees: You can avoid frequent currency conversion and ATM charges.
Convenience: Simplify paying local bills such as rent or tuition.
Student Perks: Many banks offer low-fee or free student accounts. We recommend researching your options before you arrive.

That being said, we recommend keeping your Canadian bank account active for flexibility. With an RBC Advantage Banking account for students, you can seamlessly transfer funds between your medical/dental Royal Credit Line and your foreign account, giving you control over your money.

To learn more, speak to an RBC Healthcare Specialist to explore your bank account needs.

How can I access my funds and withdraw from my student line of credit while I am outside Canada?

It’s easy to access your RBC line of credit funds while abroad—here’s how:

Transfer funds from your line of credit to your RBC Advantage Banking Account for students (or any other RBC chequing or savings account) via RBC Online Banking¹⁵ or the RBC Mobile¹⁵ app.
Once the funds are in your account, you can use them however you need. For example, you can:
- Send an international money transfer to your local bank account (be sure to enable international access before traveling) for more information visit RBC International Money Transfers
- Pay bills
- Transfer money to another person
- Access funds through your debit card

As long as you have access to RBC Online Banking or the RBC Mobile app, you can manage and transfer your funds from virtually anywhere.

To learn more, speak to an RBC Healthcare Specialist for more information.

What payment options do I have on my Canadian student line of credit when studying abroad, and how do I make payments?

It’s easy to make your medical/dental Royal Credit Line payments while abroad—here’s how:

Transfer funds from your local bank account or your Canadian bank account to your medical/dental Royal Credit Line using RBC Online Banking or the RBC Mobile¹⁵ app.
Ensure your Canadian account is set up for international access.

You can also set up automatic payments from your RBC Advantage Banking account for students to your medical/dental Royal Credit Line for hassle-free payments.

To learn more, speak to an RBC Healthcare Specialist for more information.

How long do international wire transfers from Canada take to receive?

International wire transfers from Canada typically take 1-3 business days to reach the recipient, but the exact timing depends on the destination country and banking processes. It is always a good idea to allow extra time for processing delays, especially if you’re making a payment with a deadline. To learn more, visit RBC International Money Transfers.

Can I use my Canadian debit and credit cards abroad?

Absolutely! Your RBC debit and credit cards are designed to work internationally, making it easy to access cash and make purchases while studying abroad.

Before you travel, it’s important to understand any fees that may apply to your transactions outside of Canada, including charges for using international/non-RBC ATMs and foreign currency conversion fees on purchases. For more information speak to an RBC Healthcare Specialist.

Should I pay in Canadian dollars or local currency abroad?

When making purchases abroad with a Canadian debit or credit card, the payment terminal may ask whether you’d like to pay in Canadian dollars (CAD) or the local currency. In most cases, it’s best to pay in the local currency. Choosing Canadian dollars often triggers a service called dynamic currency conversion (DCC), which can come with hidden fees and less favourable exchange rates.

How do I set up a travel notice on my RBC account?

It’s important to set up your travel notification before you leave so your cards remain active, and your transactions don’t get interrupted. You can notify RBC of your travel dates easily through the RBC Mobile¹⁵ app or by calling our 24/7 client support line at 1-800-769-2511.

How do I minimize foreign exchange fees while studying abroad?

Currency fees can add up quickly—here are a few ways to help keep more of your money:

Stay aware of fees. Before heading abroad, check your RBC account details to understand any foreign transaction fees (typically around 2.5%). Knowing the costs ahead of time can help you plan better.
Convert money in fewer, larger transactions: Making fewer currency exchanges can help reduce the costs associated with multiple conversions.
Consider opening a local bank account. A local bank account can make it easier to manage day-to-day expenses in the local currency and reduce your total number of currency conversions.
Pay in local currency. When paying abroad, merchants may ask if you want to pay in Canadian dollars (CAD) instead of the local currency. To avoid paying hidden fees and less favourable exchange rates, choose the local currency.

Visit RBC International Money Transfers to learn more about how to send money internationally safely and securely with RBC.

How do interest rates on a student line of credit compare to federal student loans for international programs?

Student lines of credit and federal student loans have different interest rates, repayment terms and borrowing limits. Here’s a high-level look at how the medical/dental Royal Credit Line compares to federal student loan programs:

Feature	Federal Student Loan	Medical/Dental Royal Credit Line
Borrowing Limit	Based on financial need and program eligibility	Up to $350,000
Interest Rate	Government set rate	RBC Prime rate (interest charged only on borrowed amount)^*
Access to Funds	Typically disbursed at set times during the study year	Access funds as you need them up to your approved borrowing limit
Repayment Start	No interest due while studying, principal repayment begins when you graduate (subject to program rules)	Interest-only payments required while studying and 24 months post-graduation (at that point, principal repayment starts)
Best For	Funding education costs	Flexible access to funds for tuition and living costs

^* A student line of credit gives you access to funds up to an approved credit limit (for example: $350,000). That means you can borrow what you need, when you need it, up to that limit. The key benefit is that you only pay interest on the amount you borrow—not your entire approved credit limit.

It’s important to speak with an RBC Healthcare Specialist to understand how a student line of credit may complement your existing student funding plan.

Starting residency soon? Learn how we can help you prepare for what’s next.

Let’s Simplify the Money Side, So You Can Focus on School

Connect with an RBC Healthcare Specialist

Or call us at 1-833-395-8118

Legal Disclaimer‡

All other trademarks are the property of their respective owner(s).

Legal Disclaimer*)

Royal Credit Line for Students Promotional Offer Terms & Conditions

This Royal Credit Line (RCL) for Students Promotional Offer (the “Promotional Offer”) is available from June 1, 2026, to October 31, 2026 (June 1 and Oct 31 inclusive) (the “Promotional Period”).

The Promotional Offer is available to eligible students who, as of the start of the Promotional Period, do not have a Royal Credit Line with Royal Bank of Canada and who otherwise comply with the terms and conditions (the “Terms”) provided herein.

The Promotional Offer is:

$325 for eligible students enrolled in a “General Program” or
$575 for eligible students enrolled in a “Professional Program”, or
$1,000 for eligible students enrolled in a “Medical or Dental program”

“General Program” means all undergraduate and graduate programs, such as a master’s degree or Doctor of Philosophy degree (PhD), excluding Professional Programs. “Professional Program” means professional graduate or specialized health science programs and includes Special and Study Abroad programs. For additional details, visit Student Line of Credit – Professional Studies Benefits – RBC Royal Bank (https://www.rbcroyalbank.com/loans-line-of-credit/student-loans/undergrad-grad-students.html). “Medical or Dental Program” means post-secondary level programs, upon the completion of which, the student will receive a Doctor of Medicine (M.D.), Doctor of Dental Surgery (DDS) or Doctor of Dental Medicine (DMD). For additional details, visit RBC Healthcare – Medical and Dental Royal Credit Line (https://www.rbcroyalbank.com/healthcare-financial-solutions/medical-dental-students-b.html). Additional conditions apply. Please speak with an RBC Credit Advisor to confirm your eligibility for this Promotional Offer and whether your program of study meets the criteria of a General Program, or Professional Program, or Medical or Dental Program as applicable.

To qualify to receive the applicable benefit of this Promotional Offer:

you must either be a student who is enrolled in an eligible General Program, Professional Program, Medical or Dental program as described above.
you must be the primary applicant for an RCL with Royal Bank of Canada.
you must start your RCL application by 11:59pm EST on Oct 31, 2026.
your application must be approved and activated by 11:59pm EST on Nov 14, 2026.
your Line of Credit Account must be in good standing (for example, your Line of Credit Account must not be in a delinquent status) and open at the time the cash offer is awarded.

Note: as part of your Student RCL application, you may be required to provide proof of your enrolment in an eligible General Program, or Professional Program, or Medical or Dental Program, as applicable.

In addition to any other exclusions described in these Terms, this Promotional Offer is not available in respect of (i) Credit Limit Increases on existing Student RCLs; (ii) Student RCLs that were opened prior to the Promotional Period; (iii) Student RCLs held by individuals who have already completed their studies (as applicable), even if their Student RCL remains open during or after the Promotional Period; (iv) Student RCLs held or opened by individuals enrolled in programs of study other than an eligible general or professional program or Medical or Dental Program (as described above).

If you qualify to receive the benefit of this Promotional Offer, the amount you qualify to receive, as applicable, will be deposited into your eligible RBC Canadian dollar Personal Banking Account between up to within twelve (12) weeks of your Student RCL activation date (no action required from you). In order to receive the amount for which you have qualified, you must have or open, and maintain in good standing, an active Canadian dollar personal banking account with Royal Bank of Canada. If you do not have such an account as of the date we attempt to deposit the benefit of this Promotional Offer, you will forfeit this amount and be deemed to have not qualified for the Promotional Offer.

Only one Promotional Offer payment per client per activated Student RCL. Promotional Offer and Student RCL applications are subject to Royal Bank of Canada’s standard lending criteria and other applicable restrictions.

If you’re looking to move your existing student line of credit from another financial institution to Royal Bank of Canada, we’re here to support you every step of the way. We strongly encourage you to close your existing student line of credit with your current provider to avoid managing multiple active lines of credit, which could impact your financial situation and credit score. Our RBC credit advisors are available to provide personalized guidance, helping you understand the benefits of consolidating your credit and how it may affect your overall financial profile.

Legal Disclaimer**)

Personal lending products are provided by Royal Bank of Canada and are subject to its standard lending criteria. If your credit history is limited, or you are studying at an educational institution outside of Canada, a co-signor may be required

Legal Disclaimer1)

Offer available June 2, 2026 - November 2, 2026 (“Promotional Period”)

This Promotional Offer is available to any Eligible Student Client, who is a minimum of 13 years of age and older as of Nov 2, 2026, 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 Promotional offer. The Promotional Offer Reward is AirPods 4 Model #MXP63AM/A with an Eligible Personal Banking Account.

To qualify for the Promotional Offer Reward you must open your first new Eligible Personal Banking Account by 9:00 PM EST on November 2, 2026 and complete two (2) of the following Qualifying Criteria by 9:00 PM EST on January 15, 2027 using your Eligible Personal Banking Account:

Register your Eligible Personal Banking Account for Interac Autodeposit and send or receive one (1) e-Transfer using RBC Online Banking or the RBC Mobile app.
Request and obtain an RBC Virtual Visa Debit Card and make at least one (1) Qualifying Debit Transaction (as defined in the Note section below) with your Eligible Personal Banking Account.
Transfer the full amount of your automated and recurring payroll direct deposit to your new Eligible Personal Banking Account. For greater certainty, this means that you will not qualify if you split your payroll deposit from one employer between your new Eligible Personal Banking Account and any other account. We reserve the right to determine what is considered payroll and whether any payroll deposit has been split. The first payment of each PAP must be debited and must clear from your new Eligible Personal Banking Account by 9:00 PM Eastern Time January 15, 2027.
Set up one (1) pre-authorized monthly payment (“PAP”) – such as a pre-authorized eligible bill payment to a service provider (i.e. utility bill, gym membership) or pre-authorized payment to an RBC mortgage, loan, Royal Credit Line, or contribution to your RBC investment account – from your new Eligible Personal Banking Account. PLEASE NOTE: Any bill payments (pre-authorized or otherwise) made using a Virtual Visa‡ Debit will not qualify. The first payment of each PAP must be debited and must clear from your new Eligible Personal Banking Account by 9:00 PM Eastern Time January 15, 2027.
Make one (1) eligible bill payment to a service provider from your new Eligible Personal Banking Account. PLEASE NOTE: To qualify, the eligible bill payment must be completed through the RBC Mobile app or RBC Online Banking. Excludes any bill payment made in-person at an RBC Royal Bank branch with an RBC Advisor, and any bill payment made to an RBC credit card account, and any bill payment made using RBC Virtual Visa Debit. The eligible bill payment must be debited and must clear from your new Eligible Personal Banking Account by 9:00 PM Eastern Time January 15, 2027.

NOTE: Qualifying Debit Transactions are defined as Bill Payments or purchase transaction 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, Samsung Pay. 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 for the purpose of option ii (above)

NOTE: You must be at least 14 years of age to obtain an RBC Virtual Visa Debit card. As such, option ii. (above) of this section is only available to individuals who meet this minimum age requirement; if you are below the age of 14 and participate in this Promotional Offer, you must select one of the other eligible transaction types described.

Starting June 30, 2026, we will notify you – by way of an email sent to the email address you have provided to us – when you have fulfilled the Qualifying Criteria and qualified for the Promotional Offer. This message will be sent at any time up to twenty business days after we have determined that all Qualifying Criteria have been completed by you. The email message will contain a secure link that will permit you to visit a secure online store where you can order your Reward and confirm an address for delivery, as well as any other shipping details.

This offer may not be combined or used in conjunction with any other Personal Banking Account offers unless otherwise indicated. Royal Bank of Canada reserves the right to withdraw this offer at any time without notice, even after acceptance by you. Other conditions apply. For full details including defined terms visit rbc.com/airpodsterms.

Legal Disclaimer2)

Access to your total credit limit depends on how much credit you qualify for and accept. You will be given access to a portion of that total amount in each year of study over the course of your program, with additional funds (up to your total credit limit) made available to you each year when you provide proof of enrolment confirming that you have progressed to your next year of study. For additional information speak to an RBC Specialist.

Legal Disclaimer3)

Royal Bank “Prime Rate” means the annual rate of interest announced by Royal Bank of Canada from time to time as its reference rate then in effect for determining interest rates on Canadian dollar commercial loans made by the Bank in Canada. The current Royal Bank Prime Rate may be viewed here, and is subject to change at any time without notice. Prime minus 0.25% on the Royal Credit Line are available to clients participating in the RBC Healthcare Advantage program. The discounted rate is subject to change at any time without notice. On October 30, 2025, the Royal Bank Prime Rate was 4.450%.

Legal Disclaimer4)

To be eligible, you must be 24 and under or a full-time student with an Advantage Banking Account. 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. Proof of enrollment may be requested at our discretion.

Legal Disclaimer5)

Included Debit Transaction means you will not be charged an Excess Debit Transaction Fee for those transactions.

Legal Disclaimer6)

There is a limit of 999 free Interac‡ e-Transfer Transactions per Month per Account; for every Interac‡ e-Transfer Transaction over the limit, you will be charged $1.

Legal Disclaimer7)

Interac e-Transfer Transactions expire 30 days after they are sent. You have 15 days to cancel without charge. A $5.00 Interac e-Transfer Transaction reclaim fee is charged when a recipient does not accept before expiry and the sender does not cancel within 15 days.

Legal Disclaimer8)

Additional service fees by any intermediary and receiving bank may apply. Must be enrolled in RBC Online Banking or the RBC Mobile app and have either a Canadian RBC Royal Bank chequing or savings account. Some restrictions may apply. Cannot send funds from a US dollar account, the RBC High Interest eSavings account, or Foreign Currency Accounts.

Legal Disclaimer9)

When you enroll your eligible RBC personal bank account into the RBC Value Program, you will be eligible to earn Avion points within the Avion Rewards Program as an Eligible Personal Banking Client, and any such points earned will be deposited into the Avion 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. Avion points are governed by the Avion 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.

Legal Disclaimer10)

This offer only applies to new applications for an RBC ION+ Visa credit card received between June 16, 2026 and November 4, 2026 (“Offer Period”) and approved by Royal Bank of Canada (“Royal Bank”), subject to the conditions below. Additional cardholders(s) (co-applicant and authorized user(s)) on the RBC ION+ Visa credit card account, as well as existing cardholders on any RBC Royal Bank personal credit card transferring to an RBC ION+ Visa credit card during the Offer Period, are not eligible for this offer. 7,000 Avion points (“Welcome Points”) will appear on your monthly credit card statement within sixty (60) days after your application has been approved, provided that your RBC ION+ Visa credit card account (“Credit Card Account”) remains open and in good standing at the time the Welcome points are credited to your account, “good standing” meaning that your Credit Card Account must not be past due for more than two (2) consecutive credit card account statement periods, closed, charged off or in credit revoked status. 14,000 additional Avion points (“Additional Points”) will be awarded to you if a total of $1,500 or more (“Qualifying Transaction Amount”) in qualifying net purchases and/or pre-authorized bill payment transactions (“Qualifying Transactions”) are posted to your RBC ION+ Visa credit card account within the first 6 months from the date of your credit card account open date (“Period”), provided your account is open and in good standing at the time the Additional Points are posted to your Credit Card Account, approximately 60 days after you reached the Qualifying Transaction Amount. Qualifying Transactions exclude cash advances (including balance transfers, cash-like transactions and bill payments that are not pre-authorized charges that you set up with a merchant), interest charges, and fees. Any credits for returns and adjustments that reduce the amount of Qualifying Transactions below $1,500 will cancel your Additional Avion points. The Qualifying Transaction Amount is based on the transaction posting date of each Qualifying Transaction, not the transaction date. This means that transactions that take place prior to the last day of the Period will not be considered for the Qualifying Transaction Amount if they have not yet been posted or processed by the merchant, the payment network (Visa) or Royal Bank by the last day of the Period. 7,000 additional Avion points (“Anniversary Points”) will appear on your monthly credit card statement within twelve (12) to sixteen (16) weeks after the one- year anniversary of your Credit Card Account opening, provided that your Credit Card Account remains open and in good standing at the time the Anniversary Points are credited to your account. If you close or change your RBC ION Visa credit card for another type of RBC Royal Bank credit card before the Welcome Points, the Additional Points and/or the Anniversary Points have been credited to your account, you may lose the benefit of this offer. This offer may not be combined or used in conjunction with any other offer. Royal Bank reserves the right to cancel, modify or withdraw this offer at any time without notice, even after your application has been approved, including if we suspect that you may be manipulating or abusing it, or engaging in any suspicious or fraudulent activity, as determined by Royal Bank in its sole discretion. For complete terms and conditions that apply to the Avion Rewards Program, please visit www.avionrewards.com or call 1-800-769-2512.

Legal Disclaimer11)

To get $200 worth of gift cards/certificates, you will need a total of 28,000 Avion points. Minimum redemption of 1,400 Avion points for most $10 gift cards/certificates. Some exceptions apply. Point redemption values may fluctuate. For general redemption terms, conditions and restrictions that apply to the Avion Rewards program, as well as for current point redemption values, please visit https://www.avionrewards.com/terms-and-conditions.html or call 1-800-769-2512.'To get $100 worth of gift cards/certificates, you will need a total of 14,000 Avion points. Minimum redemption of 1,400 Avion points for most $10 gift cards/certificates. Some exceptions apply. Point redemption values may fluctuate. For general redemption terms, conditions and restrictions that apply to the Avion Rewards program, as well as for current point redemption values, please visit https://www.avionrewards.com/terms-and-conditions.html or call 1-800-769-2512.

Legal Disclaimer12)

You will earn 3 Avion points for every $1.00 in Grocery, Dining, Food Delivery, Rides, Gas, Electric Vehicle Charging, Streaming, and Digital Gaming & Subscriptions Purchases you make on your RBC ION+ Visa credit card at merchants classified by Visa’s “Merchant Category Code” (MCC). Depending on how certain merchants are categorized by Visa’s “Merchant Category Code” (MCC) they may not qualify as an eligible MCC. Eligible MCCs are listed as:

(i) “Grocery Stores and Supermarkets” (MCC 5411), “Eating Place and Restaurants” (MCC 5812), “Drinking Places (Alcoholic Beverages) – Bars, Taverns, Nightclubs, Cocktail Lounges, and Discotheques” (MCC 5813), “Fast Food Restaurants” (MCC 5814), are “Grocery, Dining, and Food Delivery Purchases”. Government liquor agencies and package stores that sell beer, wine, and liquor do not qualify as part of the “Drinking Places (Alcoholic Beverages)– Bars, Taverns, Nightclubs, Cocktail Lounges, and Discotheques” MCC;

(ii) “Service Stations (With or without Ancillary Services)” (MCC 5541), “Automated Fuel Dispensers” (MCC 5542), “Taxicabs and Limousines” (MCC 4121), “Local and Suburban Commuter Passenger Transportation, Including Ferries” (MCC 4111), “Electric Vehicle Charging” (MCC 5552) are “Rides, Gas & Electric Vehicle Charging Purchases”. Non-commuter passenger railway purchases and non-commuter bus line purchases do not qualify as part of “Rides, Gas & Electric Vehicle Charging Purchases”.

(iii) “Digital Goods Media – Books, Movies, Music” (MCC 5815), “Digital Goods – Games” (MCC 5816), “Digital Goods – Applications (Excludes Games)” (MCC 5817), “Digital Goods – Large Digital Goods Merchants” (MCC 5818), “Cable, Satellite and Other Pay Television/Radio/Streaming Services” (MCC 4899) are “Streaming, Digital Gaming & Subscriptions Purchases”. The “Digital Goods –Games” MCC does not include games of chance and gambling.

You will earn 1 Avion point for every $1.00 on all other purchases (including pre-authorized bill payments) you make on your RBC ION+Visa credit card.

Even though some merchants may sell Grocery, Dining, Food Delivery, Rides, Gas, Electric Vehicle Charging, Streaming, Digital Gaming & Subscriptions merchandise, purchases made at these locations may not necessarily qualify as Eligible MCCs if the merchant is not classified as such by Visa. Also, you may make a purchase at a merchant that is not classified as an Eligible MCC but is located on the premises of a merchant that is classified as an Eligible MCC, in which case your purchase would not qualify as an Eligible MCC. We cannot guarantee that any merchant, operating in whole or in part as a Grocery, Dining, Food Delivery, Rides, Gas, Electric Vehicle Charging, Streaming, and Digital Gaming & Subscriptions merchant is classified as an Eligible MCC and in no event will we be liable or responsible for any claims with respect to a Grocery, Dining, Food Delivery, Rides, Gas, Electric Vehicle Charging, Streaming, and Digital Gaming & Subscriptions Purchase made at a merchant that is not classified as an Eligible MCC. Avion points are earned on net purchases only; they are not earned on cash advances (balance transfers, cash-like transactions and bill payments that are not pre-authorized charges that you set up with a merchant), interest charges or fees, and credits for returns and adjustments will reduce or cancel the points earned by the amounts originally charged.1,400

Legal Disclaimer13)

Subject to credit approval. If you are either i) post-secondary student of any age, or ii) a non-student age 24 and under, and an owner or co-owner of an RBC Advantage™ Banking Account for students (“Eligible Student Bank Account”) and the primary cardholder of one of the eligible RBC Royal Bank credit cards listed below (each, an “Eligible Credit Card”), the annual fee of your Eligible Credit Card may be fully rebated, every year. Rebates that apply to eligible credit cards are (listed in order of highest standard annual fee to lowest standard annual fee):


RBC ION+ Visa	$48

For any other RBC Royal Bank credit card, regular annual fees apply as they are not eligible for a rebate. The annual fee of your Eligible Credit Card will continue to be fully rebated:

until you close your Eligible Student Bank Account, or
until you turn 25 (provided you are no longer a full-time student), or
if you are 25 or older, until the Expected Graduation Year you have provided at the opening of your Eligible Student Bank Account.

Thereafter, the annual fee will no longer be rebated. If, for some reason, the Expected Graduation Year you have provided at the opening of your Eligible Student Bank Account differs from the one you have indicated on your credit card application, the Expected Graduation Year you have provided at the opening of your Eligible Student Bank Account will prevail and be used for determining the expiry of this offer. If your Expected Graduation Year occurs after your 25th birthday, or you are turning 25 and are still a full-time student but have not yet notified us of your Expected Graduation Date, please visit a branch to ensure continuity of benefits pertaining to your Eligible Student Bank Account (proof of enrollment required). Additional cardholders (co-applicant and authorized user(s)) do not qualify for the annual fee rebate even if they are also owners of an Eligible Student Bank Account. Only one credit card annual fee rebate per Eligible Student Bank Account is allowed. If you already have an Eligible Student Bank Account, the rebate will be applied at the time you open your Eligible Credit Card account. If you open your Eligible Student Bank Account after you have opened your Eligible Credit Card account, the rebate will be applied at your next annual renewal and won’t be applied retroactively. Other conditions and restrictions may apply. Royal Bank of Canada reserves the right to withdraw this offer at any time, even after acceptance by you.

Legal Disclaimer14)

Minimum redemption is 12,000 Avion points for a $100 voucher.

Legal Disclaimer15)

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.

Finance important goals, improve your cash flow and save money. The RBC Homeline Plan combines an RBC mortgage and Royal Credit Line into one product that allows you to access the equity you have in your home.

Top Benefits

Low Interest Rate

Borrow at Prime - 0.25%¹ with RBC Healthcare Advantage or RBC Healthcare Advantage Pro

Credit Grows with Your Equity

Borrow up to 80% of the value of your home—your credit grows as you pay down your mortgage

Apply Once, Borrow Again

Access credit when you need it—apply once and borrow without needing to reapply

Key Features

Use your home’s equity for home improvements, education, debt consolidation or emergency readiness

Only pay for the credit you use on your Royal Credit Line

Easily access your credit through RBC Online Banking, the RBC Mobile² app, RBC ATMs, branches or via cheque

Choose to make interest-only monthly payments³ or pay off your balance in part or in full at any time

Legal Disclaimer1)

Prime–0.25% offer is available to Plan members. RBC Homeline Plan rate is an annual rate and is based on our Prime Rate - 0.250%. To view the current RBC Prime Rate, please go to www.rbcroyalbank.com/rates/prime.html(opens new window). Interest rate will change as our prime rate changes and without notice. On July 13, 2023, the Royal Bank Prime Rate was 7.200%. This offer is only available to clients approved for a line of credit under the RBC Homeline Plan and does not apply to any other credit line product offered by Royal Bank of Canada including but not limited to a credit line secured by real property that is not part of an RBC Homeline Plan. To benefit from the Prime Rate – 0.25%, your mortgage must remain in good standing.

Legal Disclaimer2)

RBC Mobile is operated by Royal Bank of Canada, RBC Direct Investing Inc. and RBC Dominion Securities Inc.

Legal Disclaimer3)

The minimum payment is the accrued interest, service fees and any other charges that apply for that period, including your LoanProtector insurance premium and taxes, if applicable.

If you have an RBC VIP Banking account and one of the eligible credit cards below, you will receive either a partial or full rebate on the card’s annual fee each year¹.

Receive a full rebate on the annual fee for the primary cardholder and the additional cardholders (co-applicant and authorized users) on any of the following cards:

RBC Avion Visa Infinite
For those who want unparalleled travel flexibility with our most popular Avion travel credit card
RBC Avion Visa Platinum
For those who want to start travelling, no minimum income required to apply
WestJet RBC World Elite Mastercard
For the WestJet flier who wants access to more rewards and benefits
RBC British Airways Visa Infinite
For The British Airways flier who wants travel benefits and insurance

Receive a partial rebate of $120 on the annual fee for the primary cardholder and $50 for the co-applicant for:

RBC Avion Visa Infinite Privilege card
For those who want to start travelling in style with luxury travel perks

Legal Disclaimer1)

Subject to credit approval. As a sole or joint owner of an RBC VIP Banking (VIP) account and the primary cardholder of one of the eligible credit cards listed below, the annual fee of that eligible credit card will be fully or partially rebated (as indicated below), every year, as long as your credit card remains in good standing and you remain a VIP account owner. Additional cardholders’ annual fee is also fully or partially rebated (as indicated below), every year, as long as your eligible credit card remains in good standing and you remain a VIP account owner. Only one credit card annual fee rebate per VIP account is allowed, which means that if you own a joint VIP account and each co-owner is also the primary cardholder of an eligible credit card, only the primary owner of the VIP account will be entitled to the credit card annual fee rebate. Other conditions and restrictions apply. Rebates that apply to eligible credit cards are: (i) partial rebate of $120 for the primary cardholder and $50 for the co-applicant on the annual fee of an RBC Avion Visa Infinite Privilege card, and (ii) annual fee fully rebated for the primary cardholder and the additional cardholders (co-applicant and authorized users) on any of the following cards: RBC Avion Visa Infinite, RBC Avion Visa Platinum, RBC British Airways Visa Infinite and WestJet RBC World Elite Mastercard. If you already have a VIP account, the rebate will be applied at the time you open your eligible credit card account. If you open your VIP account after you have opened your eligible credit card account, the rebate will be applied at your next annual renewal and won't be applied retroactively. Other conditions and restrictions may apply. Royal Bank of Canada reserves the right to withdraw this offer at any time, even after acceptance by you.

Banking Offers, Borrowing and Advice for Medical and Dental Students Studying Abroad

Get Advice and Solutions You Need

Get $1,000^* When You Open a Medical/Dental Student Line of Credit^**

Borrow up to $350,000 to help cover your expenses on your study abroad journey.

Open a No Monthly Fee RBC Advantage Banking Account for Students and Get AirPods 4¹

Get $1,000^* When You Open a Medical/Dental Student Line of Credit^**

Borrow up to $350,000 to help cover your expenses on your study abroad journey.

Open a No Monthly Fee RBC Advantage Banking Account for Students and Get AirPods 4¹

Flexible Financing to Help You Study Abroad

Medical or Dental Student Line of Credit Benefits

3 Simple Steps to Apply and Get Your Offer

Banking Offers Built for Student Life

Make Everyday Purchases Go Further with Avion Rewards

Tools to Help You Plan for Medical or Dental School—and Beyond

Explore Money Tips for Medical and Dental Students

A Checklist Every Canadian Medical & Dental Student Studying Abroad Needs

Top 6 Savings Tips for Medical and Dental Students

Make Your Line of Credit Work Hard for You Throughout Your Medical or Dental Career

Frequently Asked Questions

Let’s Simplify the Money Side, So You Can Focus on School

Banking Offers, Borrowing and Advice for Medical and Dental Students Studying Abroad

Get Advice and Solutions You Need

Get $1,000* When You Open a Medical/Dental Student Line of Credit**

Borrow up to $350,000 to help cover your expenses on your study abroad journey.

Open a No Monthly Fee RBC Advantage Banking Account for Students and Get AirPods 41

Get $1,000* When You Open a Medical/Dental Student Line of Credit**

Borrow up to $350,000 to help cover your expenses on your study abroad journey.

Open a No Monthly Fee RBC Advantage Banking Account for Students and Get AirPods 41

Flexible Financing to Help You Study Abroad

Medical or Dental Student Line of Credit Benefits

3 Simple Steps to Apply and Get Your Offer

Banking Offers Built for Student Life

Make Everyday Purchases Go Further with Avion Rewards

Tools to Help You Plan for Medical or Dental School—and Beyond

Explore Money Tips for Medical and Dental Students

A Checklist Every Canadian Medical & Dental Student Studying Abroad Needs

Top 6 Savings Tips for Medical and Dental Students

Make Your Line of Credit Work Hard for You Throughout Your Medical or Dental Career

Frequently Asked Questions

Let’s Simplify the Money Side, So You Can Focus on School

RBC Homeline Plan

Top Benefits

Key Features

RBC Credit Cards Eligible for Annual Fee Rebate

Get $1,000^* When You Open a Medical/Dental Student Line of Credit^**

Open a No Monthly Fee RBC Advantage Banking Account for Students and Get AirPods 4¹

Get $1,000^* When You Open a Medical/Dental Student Line of Credit^**

Open a No Monthly Fee RBC Advantage Banking Account for Students and Get AirPods 4¹