Make Life Happen Your Way with an RBC Royal Credit Line for Medical and Dental Students

There’s a lot ahead of you – a lot of possibility, promise, schooling… and expenses. We can help – with solutions made for students like you – starting with the Royal Credit Line for Medical and Dental Students.


No set-up, annual or withdrawal fees2

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Preferred rate of Prime minus 0.25%3 with RBC Healthcare Advantage4


Access up to $350,000 in financing with flexible repayment terms

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Continue to have access to your line of credit after graduation and no need to reapply5

RBC Healthcare Advantage unlocks more benefits for medical and dental

  • Medical/Dental Royal Credit Line at the preferred rate of Prime minus 0.25%
  • RBC VIP Banking account Get the $30 monthly fee waived when you sign up6
  • Eligible RBC credit card + Avion welcome points
  • Get an annual fee rebate of up to $120 when you sign up7
  • Get 55,000 welcome Avion points when you get approved for an eligible Avion credit card8 - Enough to fly anywhere in Canada & the U.S (Alaska and Hawaii require more points)

Learn more about RBC Healthcare Advantage

What You Need to Apply

Bring the following documents when you go into an RBC branch to meet an RBC Healthcare Specialist

  • Confirmation that you are enrolled at an eligible Canadian 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
  • A list of your financial resources (for example, RESPs, scholarships/bursaries, government funding, summer employment, etc.)
  • An estimate of your education costs (including tuition, supplies, fees, accommodations, food, travel, etc.) Get started with our Student Budget Calculator

Student Budget Calculator

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

Get Started

Get the Advice and Solutions
You Need to Focus on School

Meet with one of our 1,300+ RBC Healthcare Specialists across Canada.

Connect with an RBC Healthcare

You can also call our support line at: 1-833-395-8118

To be considered an eligible student, proof of enrolment in an eligible medical or dental program at the post-secondary level, upon the completion of which program the student will receive a Doctor of Medicine (M.D.) or Doctor of Dental Surgery (DDS), will be required.

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 , the Royal Bank Prime Rate was .

RBC Healthcare Advantage is available to eligible medical and dental students, residents, and practicing professionals by having an RBC VIP Banking account and an eligible credit card: RBC Avion Visa Platinum, RBC Avion Visa Infinite, RBC Avion Visa Infinite Privilege, WestJet RBC World Elite Mastercard, RBC Rewards Visa Preferred, or RBC British Airways Visa Infinite credit card, either as a primary applicant or a co-applicant. For additional details on RBC Healthcare Advantage, visit

Students studying in Canada with a Royal Credit Line for Medical and Dental Students continue to have access to their line of credit after graduation as they do not go into repayment. Students studying outside of Canada who wish to have continue access to their Royal Credit Line will be required to reapply.