RBC Student Credit Card: Benefits, Apply

The RBC student credit card is an ideal financial solution tailored to meet the needs of international students. With a seamless application process and competitive benefits, this card offers an excellent opportunity for students to build their credit history while enjoying exclusive perks. It provides a safe and convenient way for international students to manage their finances while studying abroad. With features like cashback rewards, no annual fees, and fraud protection, this line of credit empowers students to make secure purchases and handle expenses efficiently. This facility is only available to students having RBC international student accounts. 

Also Read: Why Should You Get A Bank Of America Student Credit Card? Here Are The Reasons

RBC Student Credit Card for International Students

RBC offers various types of student credit cards catering to different needs and preferences. These cards come with numerous features like cash-back offers and discounts on daily products and services. Some common types of Royal Bank of Canada credit cards for students include:

• RBC ION Visa: This card allows students to earn rewards points on purchases, making it suitable for those who want to maximize benefits and rewards. With additional perks and benefits, this card provides enhanced features like extended warranty coverage and purchase protection.
• RBC ION+Visa: A basic credit card designed for students with no credit history, offering a simple and straightforward approach to building credit.
• RBC Cash Back Mastercard: Designed for students who prefer cashback rewards, this card offers cash rebates on eligible purchases.

As credit card offerings can change over time, it is advisable to check the latest options available directly with RBC or their website.

Also Read: Benefits Provided By Chase Bank On Student Credit Cards

Benefits of RBC Student Credit Card for International Students

The Royal Bank of Canada offers credit cards to international students so that they can build a credit history in an unknown country. Each card has its unique feature. A student studying in Canada can select the type of credit card by analysing her/their/his financial need. All cards include reward programmes, optional add-ons, and earning points (Avion points) on daily purchases. 

RBC ION Visa

Users of RBC ION Visa card users get up to 3500 Welcome Avion points, which amount to CAD 25 in gift cards. Additionally, students can earn 1.5X Avion points for each dollar spent on daily needs and 1 Avion point on every 1 dollar spent on select qualifying buys.

Now, let us view Avion Rewards and other benefits associated with this RBC student credit card in detail:

• You receive 1.5X Avion points on the purchase of groceries. Additionally, RBC sanctions 1.5X points on electric vehicle (EV) charging, gas bills, daily commute through public transport, and rideshare. Furthermore, 1.5X points are also available on gaming, in-game purchases, streaming platforms, select digital downloads, and eligible digital subscriptions.
• In addition, you also earn 1 Aviation point for each dollar spent on qualifying purchases, which include specific merchants which sell groceries and gas and offer EV charging, digital gaming, and streaming services. You must contact the bank to know about eligible merchants.
• Besides, you can also redeem your Aviation points for merchandise, tech items at Best Buy, Apple products, and other qualifying items.
• Additionally, you also get personalised loan offers on dining, shopping, and travel. 
• Moreover, you also get to save 3 cents on the purchase of each litre of fuel. In addition, you also receive 20% extra points when you buy fuel using this credit card.
• Furthermore, you can also avail of additional protection services like RBC Road Assist, Add-on Travel Insurance, BalanceProtector Max Insurance, and Identity and Credit Theft Protection.

Particulars	Details
Annual Fee	Nil
Additional Card Fee	Nil
Purchase Rate	20.99%
Cash Advance Rate	22.99%

Also Read: Benefits Provided By Capital One Bank On Student Credit Cards

RBC ION+Visa

To apply for an RBC ION+Visa card, an international student must have an RBC Advantage Banking account. For this RBC student credit card, you receive 12,000 Welcome Avion Points. These points amount to CAD 75, which is given in the form of gift cards. 

A key advantage of this card is that you get 3X Aviation points for spending CAD 1 on eligible products and services like dining out, streaming, digital gaming, and others. 

Particulars	Details
Annual Fee	CAD 48
Additional Card Fee	Nil
Purchase Rate	20.99%
Cash Advance Rate	22.99%

Also Read: SBI Student Credit Card

RBC Cash Back Mastercard

Users of this RBC student credit card receive infinite cash back on buying necessary items. Besides, you also receive security on purchases and extended protection in terms of the warranty. For your reference, we have enlisted the benefits of this student credit card below:

• You will get up to 2% cash back on shopping from grocery stores
• Further, you also receive up to 1% cash back on each pre-authorised payment and qualifying purchase.
• Besides, you also get custom loan offers for shopping at select brands.
• In addition, you also save 3 cents on the purchase of 1 litre of fuel. Moreover, you also earn extra 20% Petro Points. These points are available at Petro-Canada.
• Furthermore, you also become eligible for free delivery from DoorDash for 3 months.
• Also, you get optional add-on protective services like RBC Road Assist, Identity Theft, Add-on Travel Insurance, Credit Protection, and BalanceProtector Max Insurance.

Particulars	Details
Annual Fee	Nil
Additional Card Fee	Nil
Purchase Rate	20.99%
Cash Advance Rate	22.99%

Also Read: Benefits of Axis Student Credit Cards 

How to Apply for RBC Student Credit Card?

After analysing the features of all the credit cards, an overseas student can apply for the same online or in person. Students must follow the below-mentioned steps to avail of this line of credit:

• Visit the official RBC website or go to your nearest RBC branch.
• Check the specific RBC student credit card options available to find one that suits your needs.
• Ensure you meet the eligibility criteria, which may include being a student and meeting age requirements, which is above 18 years of age
• Gather the necessary documents, such as proof of identification such as passport and student status, as well as any additional income information if applicable.
• Select the type of credit card and click on the “Apply” button
• Complete the online application form or fill out the physical application form provided at the branch.
• Provide accurate information regarding your personal details, financial status, and contact information.
• Review the terms and conditions of the credit card carefully before submitting the application.
• Wait for the application to be processed, which may take a few business days.
• If approved, you will receive your new RBC credit card in the mail, along with instructions for activation and usage.

Also Read: Kotak Bank Credit Card for Students

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