In addition to my previous guide on Best Bank Accounts for Canadian Students, RBC Royal Bank Student Banking is now on the list. They make the website a bit hard to find on their site, which was a bit of a downer.
Quick Comparison on RBC Student Banking, and the TD&BMO alternatives
The RBC one is nothing special really, but it might still be the best for you. The usual no monthly fees and 25 monthly debits.
I like the TD Canada Trust Student account because they pretty much automaticaly give you a free 0.5% Cash Back Credit card on the spot, and the Bank of Montreal one gives you one free EMT Internac Email Money Transfer per month. TD also gave me 4 counter cheques in case I needed them.
Credit Cards for Students
The Visa Classic Student II card that RBC offers isn't that bad if you're okay with points cards, though I dislike them. It works out to about $25 in stuff to redeem when you spend $3000, or about 0.833%. OK, but you have to wait until you accumulate enough points until you can use them, I'd rather get a credit every January. Also, keep in mind that they're _waiving_ the annual fee while you're a student, so you might have to cancel the card, or better yet, downgrade to a free one (to maintain your credit history).
On the topic of credit cards, the CitiMastercard Enrich 1% CashBack card is the best no-hassle reward card, but may be a bit difficult for students to get, they're a bit stingy on who they let get one, the application process took a while.
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