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.
RBC Healthcare Advantage unlocks more benefits for medical and dental
students
- 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 35,000 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)
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 StartedFind a Specialist Near You:
Required Information
Not near a school? Find your closest branch
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 Bug 2)
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.
Legal Bug 3)
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
.
Legal Bug 4)
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
rbc.com/healthcare.
Legal Bug 5)
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.
Legal Disclaimer6)
A $30 monthly fee for the RBC VIP Banking account will be
waived for the duration you are in RBC Healthcare Advantage. The $30 monthly fee
will be automatically charged based on your next monthly cycle if you are no
longer in Healthcare Advantage. This offer shall not be combined with any other
personal banking account offer or promotion. Only one fee waiver per client, no
matter how many RBC VIP Banking accounts are opened, whether in sole or joint
ownership. To benefit from the fee waiver, all your eligible accounts with us
must remain in good standing and you must have an active RBC VIP Banking account
and an Eligible Credit Card that is active and in good standing at all times for
the duration that you are in Healthcare Advantage.
Legal Disclaimer7)
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 Rewards Visa Preferred, RBC British Airways Visa Infinite and WestJet RBC
World Elite Mastercard.
Legal Disclaimer8)
To receive the 35,000 welcome Avion points (“Welcome Points”), your application
must be approved by us. The Welcome Points will appear on your first two credit
card statement after your application has been approved. Additional
cardholder(s), as well as existing cardholders of any RBC Royal Bank personal
credit cards, applying for or transferring to an RBC Avion Visa Infinite, RBC
Avion Visa Platinum, or RBC Avion Visa Infinite Privilege card as of the offer
eligibility period, are not eligible for this offer. This offer may not be
combined or used in conjunction with any other offer. Royal Bank of Canada
reserves the right to cancel, modify or withdraw this offer at any time. For
complete terms and conditions that apply to the Avion Rewards Program, please
visit www.avionrewards.com or call
1-800-769-2512.