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Student bank accounts: TD vs RBC vs Scotiabank vs CIBC

Big banks waive or reduce fees for students, usually until graduation or a set age. Each bank defines student eligibility differently.

Feature
TD Canada Trust logoTD Student Chequing Account

TD Canada Trust

RBC Royal Bank logoRBC Advantage Banking for students

RBC Royal Bank

Scotiabank logoPreferred Package for Students and Youth

Scotiabank

CIBC logoCIBC Smart™ Account with CIBC Smart™ for Students

CIBC

Where availableNot confirmedNot confirmedNot confirmedNot confirmed
Monthly fee$0 CADNot confirmed$0 CAD$0 CAD
Transactions includedUnlimitedNot confirmedUnlimitedUnlimited
DetailsFull profileOfficial provider page Full profileOfficial provider page Full profileOfficial provider page Full profileOfficial provider page

Our take

Note when the student pricing ends and what the account converts to, so you are not surprised by a fee after graduation.

Rates and fees change. Confirm current terms on the provider's official page before applying. General information, not personalized advice.

Chequing accounts

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