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Cashback Mastercard
Get unlimited cash back on every purchase you make. You earn a different percentage back, depending on what and where you purchased from. For example, 2% is given back when you purchase from the grocery store
$40/year
This will benefit students because as you spend money and use that credit card, you get cashback on that card (money returned to you) and you can redeem that money. For example, you can pay back your bill with some of that money, you can buy gift cards, etc.
RBC Rewards + Visa
Earn rewards every time you use your RBC Visa card. Not everyone is offered this Visa because it depends on how many time you use make an action in your account (switch money from one account to another, transfer, etc.).
$39/year
This will benefit students in University or College because if you don't have money at the moment, you can use it and pay it off the next month, but you have to be aware that you need to have enough to pay if off.
High Interest eSavings
High interest on every dollar you spend → there is no minimum deposit, and you have free transfers when you transfer from one of YOUR OWN accounts to another (checking to savings)
A student would benefit from this service because you're not charged extra money. This is good because you get to have more to add into your savings, rather than getting over charged every time.
RBC Royal Credit Line for Students
Extra time given to pay off your line after graduating from school. Once you’re approved for this loan, you are given a span of 2 years to pay that money off, after graduating school. There is a very low interest rate when you are approved for this loan.
$12/month
This will benefit students because students will need time to get a job and then pay it off. This service gives them time to pay it off in intervals which is good because a lot of your money is not going away all at once.
RBC NO LIMIT Banking for Students
You can get unlimited transactions for $10.65 a month. Not a lot of students prefer this because they’ll be spending all of the money they have, and have close to nothing when they really are in need for that money.
$10.95/month
This service is beneficial for students because they have nothing to worry abut when it comes to transactions and transferring of their money. However it's also a downfall because you could be going over the limit and spending more than you really need to.
RBC Student Banking Account
A no monthly fee bank account designed to help save money. This means you are not able to use your account whenever you need to (there’s a limit starting at $1000.00 a month). This is the most popular choice for students in postsecondary because they want to spend the money they have, but also save with the help of others, so it can help them in the near future/.
NO FEE - IT'S FREE!
A benefit to have a student bank account is that you get help when you're saving money. Sometimes the bank will put that money aside for you because they want to make sure you have some savings.
