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RBC Leo's Young Savers Account

RBC Leo's Young Savers Account

A great way for children and youth to get started with saving and everyday banking, including free access to RBC Online Banking.

Monthly Fee:
No Monthly Fee

Debits Included:
Unlimited

Visit a Branch

Features of This Account

A savings account designed for anyone under 13 years of age.

  • Free unlimited debit transactions in Canada
  • Unlimited Interac e-Transfers
  • Access to RBC Mobile Student Edition65
  • Tiered interest-calculated daily and paid monthly
  • A great way for children and youth to get started with saving and everyday banking

Is It Right for You?

  • You are under 13 years of age and looking to get started in saving and everyday banking.

Protect Yourself

Accessing Your Accounts

Free access to RBC Online Banking, Mobile, and Telephone Banking

Convenient access to Canada's largest network of branches and ATMs

Customer service available in over 150 languages

Recordkeeping Options

Fee Information

eStatement and eNotifications including cheque images viewed online less than 90 days old

  • Free

Monthly Paper Statement (consolidated/combined20)

  • Free

Cheque Images returned with paper statement21

  • $2.50 per month

Free Access to Online and Mobile Banking4

Manage your day to day banking needs from the convenience of your home with online or mobile banking.

Get the RBC Mobile Student Edition65 app to:

  • Transfer funds between accounts
  • Set up an automatic savings plan
  • Obtain account balances and updates
  • Track previous transactions
  • Contribute to your RBC Royal Bank RRSP
  • Apply for other RBC Royal Bank products

Fee Information

Monthly fee: No Monthly Fee

Access to Online and Mobile Banking4: Free

Interac and PLUS System ATM network access fees3: Interac: $2.00 each

  • PLUS System: $3.00 each (within Canada and U.S.A)
  • PLUS System: $5.00 each (outside Canada and U.S.A)

Interac e-Transfer: Unlimited

Cross-Border Debit14: $1.00 each