Banking Services with RBC
eSavings Account
Give the bank your money, they use it to do bank stuff like making loans to other people, and pay you interest for the privilege of using your money. Student saving accounts have higher interests
No risk involved, Keeps your money safe, high interests
No monthly fee Debits exceeding limit:$5 each
Student Chequing Account
Is convenient and easy. Few balance requirements. numerous debit transactions
No monthly fee. 25 free debits each month
A low fee plan that is used by students for day-to-day transactions.
RBC Rewards
Earn points based on purchases. for example, earn 1 RBC Rewards point for every $1 spent on gas, grocery and drug store purchases
$0 annual fee $0 additional card
Sign up for free and save money on daily purchases
Student line of Credit
line of credit gives you access to money “on demand". you can draw on it up to a maximum amount for a set period of time. You'll only pay interest when you borrow on the line of credit.
Depends on monthly limit and spendings
Flexible credit limit, low interest, more time to repay
Debt Reduction Planner
Online assessment to help you manage and plan your debts
Free
Help develop strategies to manage debt. Help students plan out future spending and budget
Loan Protector Insurance
Pays off or reduces your outstanding insured RBC loan balance and the balance of lines of credit in the event of illness or death.
Loan protection insurance will usually cost a percentage. different for different people
secure financial safety net for your loan. You can safeguard not only yourself and your lifestyle, but also your assets and net worth.