RBC Student Banking
A no-fee student bank account designed to save you money.
Monthly Fee:
No Monthly Fee
Debits Included:
25/month
Attention: RBC Student Banking is no longer available to be opened as a new account.
If you already have an RBC Student Banking account, you can keep it or you can switch over to the RBC Advantage Banking account for students (or another account type of your choice).
Features of This Account
If you're 13 years of age or above and a full-time student9, you can bank for free with an RBC Student Banking account.
- 25/month free debits per month including withdrawing cash from an RBC ATM, paying bills or transferring money between your RBC accounts
- Unlimited Interac e-Transfers
Plus, you get a choice of a Signature RBC Rewards, RBC Visa Cash Back or WestJet RBC MasterCard and save up to $39 a year off the annual fee38.
Is It Right for You?
- You are a full-time student
- You have a less than 25 transactions per month
- You could use other services such as a student credit card
Protect Yourself
- 100% reimbursement for unauthorized transactions in RBC Online Banking with our RBC Security Guarantee
RBC Virtual Visa Debit
A safe and secure way to pay for online, telephone or mail order purchases in the U.S. and internationally anywhere Visa is accepted39 and in Canada, anywhere Visa Debit is accepted with the funds debited directly from your personal deposit account41.
Over 15,000 online Canadian merchants already accept Visa Debit
Learn MoreAccessing Your Accounts
Free access to RBC Online Banking, Mobile and Telephone Banking
Interac Online allows you to shop online and pay with your client card
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 statement
- $2.50
Free Access to Online Banking4
If you're looking for the most convenient and comprehensive way to manage your day-to-day banking needs, look no further than RBC Royal Bank Online Banking. From financial calculators to a variety of convenient services including bill payments and fund transfers — you'll wonder how you ever lived without it. Even more, you'll enjoy free access with your banking account!
- Transfer funds between accounts
- Pay bills; even postdate payments if you choose
- Make payments to personal loans, mortgages, credit card accounts, etc.
- Obtain account balances and updates
- Track previous transactions
- Contribute to your RBC Royal Bank RRSP
- Check current interest and foreign exchange rates
- Apply for other RBC Royal Bank products
RBC Online Banking
Security Guarantee
We understand how important information security and privacy are to you. To provide you with greater peace of mind, we have developed the RBC Online Banking Security Guarantee. If an unauthorized transaction is conducted through your RBC Online Banking service, you will be reimbursed 100% for any resulting losses to those accounts54.
Fee Information
Monthly fee: No Monthly Fee
Free debits per monthly cycle: 25 free debits per monthly cycle, plus one free debit per automated payroll deposit in same monthly cycle
Debits exceeding monthly limit: $1.25 each
Access to Online, Mobile and Telephone Banking4: Free
RBC Royal Bank credit cards15: Choice of a Signature RBC Rewards, RBC Visa Cash Back or WestJet RBC MasterCard and save up to $39 a year off the annual fee38
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