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RBC Advantage Banking for students

Monthly Fee: $0

Get $100, Give $1001

Get $1001 when you open an RBC Advantage Banking account for students, and we’ll donate another $100 to an eligible charity of your choice**.

Open Account

**Up to $500,000 CAD (in total contributions).

Conditions apply. Offer expires January 31, 2025.

RBC Advantage Banking
account for students

Star

$0
Monthly Fee2

for full-time students3

Visa Checkout

Unlimited Debit
Transactions

in Canada

Mobile

Free Interac
e-Transfer

Transactions4,5 in Canada

ATM

No ATM Fee From RBC

to use another bank's ATM in Canada6,7

3 Steps To Get Your $100

1

Open a new account

Open an RBC Advantage Banking account for students by January 31, 20251

1

Complete a transaction

Complete one of the transactions from the list below by March 31, 2025

  • Make 3+ debit transactions
  • Register for Interac Autodeposit and send one e-Transfer
  • Sign up for a Virtual Visa Debit Card and make one transaction
2

Get $100

Leave the rest to us! We’ll deposit your cash into your new RBC bank account.

After you’ve received your cash, you’ll get an email on how to make your $100 donation to one of the RBC approved charities1.

RBC Mobile Applegal disclaimer 8

4.8/5 Stars
207.6 K Ratings

On the Apple App Store

RBC Mobile Applegal disclaimer 8

4.8/5 Stars
207.6 K Ratings

On the Apple App Store

Let’s Get Started

There are two simple and secure ways to open your new RBC Advantage
Banking account for students17,18

Open through RBC
Mobile App
8

QR code for RBC Mobile app

Open Online

Open Account
  • You must have a valid passport or Canadian driver’s license from AB, BC, MB, NB, NS, ON, QC or SK
  • Be ready to take a selfie to verify against your passport or driver’s license
RBC Vantage

Unlock More From Your Everyday Banking

With RBC Vantage, you can unlock rewards, savings, insights and more with any eligible bank account. legal disclaimer 18 Only at RBC.

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RBC Vantage

Unlock More From Your Everyday Banking

With RBC Vantage, you can unlock rewards, savings, insights and more with any eligible bank account. legal disclaimer 27 Only at RBC.

Frequently Asked Questions

No, you do not get a tax receipt, as the donation is being made by RBC. However, you do get to choose one of five charities that can receive the donation.

Nope! You keep the $100 that is deposited into your new bank account if you meet the qualifying criteria.

RBC will donate an additional $100 to an eligible charity listed on our donation page. You choose which charity will receive the additional $100 from RBC. RBC will donate a maximum of $500,000 total across all charities.

You will be able to choose one of five charities that can receive the $100 donation from RBC. The eligible charities are:

  • Canadian Mental Health Association
  • Black Health Alliance
  • Tree Canada
  • Windmill Microlending
  • JA Canada

The list of eligible charities includes a variety of organizations that support causes ranging from environmental issues to mental health and wellness. The full list of charities participating in this program is listed below:

  • Canadian Mental Health Association
  • Black Health Alliance
  • Tree Canada
  • Windmill Microlending
  • JA Canada

You will receive $100 deposited into your new bank account upon opening an eligible bank account and completing the qualifying criteria. You will not get an additional $100 in cash, but instead will get a unique single-use link that will allow you to select one of five pre-selected RBC charities that can be found on our donation page to make a $100 donation from RBC.

You will get an email from RBC once you have opened your new bank account and met the eligibility criteria. This email contains a unique link that will allow you to select a charity to receive the $100 donation from RBC.

The unique donation link can only be used once before it expires on April 30, 2025.

Please note: if you lose the link, we cannot send you a new one until the end of the program/offer. We will be sending out a final reminder on April 23, 2025 to all new clients who did not use their donation link.

The first donation link will be sent out December 3, 2024 and every Tuesday after that. All donation links will expire on April 30, 2025.

Once you open your new RBC account, you’ll receive an email containing a unique donation link. That link can be used to send $100 from RBC to a charity of your choice. The email containing this donation link will be sent to the email address used to set up your new bank account.

Unfortunately, we cannot generate a new donation link. However, on April 23, 2025, we will send out a final reminder email to all new clients who did not use their donation link. You’ll have a second chance to donate at this time.

No, each link is unique and can only be used once. Once a charity has been selected to receive the donation, it cannot be changed.

Yes, your donation link will expire on April 30, 2025.

Student Resources

International Students

Find all the tools and resources you need to bank with confidence.

Students 12 and Younger

Get $2516 when you open a no fee RBC Leo’s Young Savers Account.

Offer ends January 31, 2025.

Legal Disclaimer

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Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.