Offers
Welcome Bonus
New RBC clients who open an RBC Advantage Banking account for students can receive a welcome gift of the new AirPods 4 ($179 value). To qualify:
- Open an RBC Advantage Banking account for students by Nov 2, 2026.
- Set up and complete two of the transactions from the list below by January 15, 2027:
- Set up and receive a recurring direct deposit.
- Set up and make 1 pre-authorized payment.
- Complete 1 bill payment.
- Register for Interac Autodeposit and send or receive 1 Interac e-Transfer.
- Sign up for an RBC Virtual Visa Debit and make 1 purchase.
FlyerFunds Rebate
Plus, if you apply for the RBC Advantage Banking account for students through Frugal Flyer and are approved, you can receive an additional $75 paid directly to you.
Account Features
The RBC Advantage Banking account for students offers FREE Interac e-Transfer transactions and unlimited debit transactions in Canada. Plus there is no ATM Fee from RBC to use another bank’s ATM in Canada.
Get the RBC ION+ Visa and start earing 3x the Avion points on things like groceries –> Plus, it’s the annual $48 fee you want back in your pocket. Each month get $4 back when you pair your ION+ with the RBC Advantage Banking account for students.
Account holders can earn Avion Points on debit purchases, even with Virtual Visa Debit by enrolling in the Value program. Or, earn Avion points with your ION+ Visa.
Link your RBC Card to your Petro-Points card and save 3¢/L on gas at Petro-Canada.
Fees
Monthly Fees
The RBC Advantage Banking account for students has no monthly fee for full-time students.
Other Fees
| International Money Transfers | Pay no fee for U.S. and international money transfers |
| Personalized Cheques | Fees Apply |
| Bank Drafts | $9.95 each |
| Overdraft Protection | $5/month, plus overdraft interest (if used) |
| eStatements or Monthly Paper Statements | FREE |