{"id":884522,"date":"2020-10-23T13:47:57","date_gmt":"2020-10-23T17:47:57","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=884522"},"modified":"2026-09-02T10:38:39","modified_gmt":"2026-09-02T14:38:39","slug":"rbc-leos-young-savers-account-review","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/savings-accounts\/rbc-savings\/rbc-leos-young-savers-account-review","title":{"rendered":"RBC Leo\u2019s Young Savers Account review"},"content":{"rendered":"<p class=\"p1\">The RBC Leo\u2019s Young Savers Account is a youth savings account designed for children between 0 and 12 years old. It comes with no monthly fees, no minimum balance requirements, free unlimited Interac e-Transfers, unlimited debit transactions and a welcome bonus. <\/p><h3>How do I open an RBC Leo\u2019s Young Savers Account?<\/h3><p class=\"p1\">Unlike many other RBC accounts, you won\u2019t be able to sign up for this account online. Instead, you\u2019ll need to visit a branch to fill out an application and get set up. You can easily find a branch near you by inputting your postal code into RBC\u2019s Branch and ATM Locator on its site. You can also call into RBC\u2019s phone hotline to get started if you\u2019d prefer not to book an appointment.<\/p><h4 class=\"p1\">Eligibility requirements<\/h4><p class=\"p1\">To apply for an RBC Leo\u2019s Young Savers Account, you need to meet the following criteria:<\/p><ul class=\"list-7\"><li class=\"p1\">Be a Canadian citizen or resident<\/li><li class=\"p1\">Be under the age of 13 and be opening a sole account in your name<\/li><\/ul><h4 class=\"p1\">Required documents and information<\/h4><ul class=\"list-7\"><li class=\"p1\">Your name, residential status and contact information<\/li><li class=\"p1\">Your Social Insurance Number (optional) and date of birth<\/li><li class=\"p1\">Your email address and phone number<\/li><\/ul><h3>How do I deposit or withdraw my money?<\/h3><p class=\"p1\">You can easily take money out of your account by <a href=\"https:\/\/www.finder.com\/ca\/chequing-accounts\/atm-near-me\">withdrawing cash from an ATM<\/a> or by visiting a branch in person. You can also transfer money out of your account using a free internal RBC transfer or by sending an Interac e-Transfer to family or friends.<\/p><p class=\"p1\">To deposit money, you just need to visit an ATM or a branch to make a deposit by cash or cheque. As an added benefit, parents can set up free automated deposits into their children\u2019s RBC Leo\u2019s Young Savers Account to give them access to a consistent monthly budget.<\/p><h3>How can I get in touch with customer service?<\/h3><p class=\"p1\">There are a number of options available for you to connect with RBC customer service:<\/p><ul class=\"list-9\"><li class=\"p1\"><strong>By phone.<\/strong> You can call into RBC\u2019s toll-free number at any time of day or night.<\/li><li class=\"p1\"><strong>In person.<\/strong> You can easily visit a branch to speak to an RBC agent in person during normal business hours.<\/li><li class=\"p1\"><strong>By mail.<\/strong> Use snail mail to reach out to RBC\u2019s head office in Toronto or send documents or inquiries into a local branch if required.<\/li><li class=\"p1\"><strong>By email.<\/strong> Contact RBC by sending a secure message through your online banking account.<\/li><\/ul><h3>Compare RBC with other savings accounts<\/h3><script id=\"toppicks-datalayer\">\n  window.dataLayerState = [{\"TopPicksData_cardCategory\":\"High Ongoing Rate\",\"TopPicksData_providerLabel\":\"Neo Financial\",\"TopPicksData_primaryCta\":\"true\",\"TopPicksData_hasReward\":\"true\",\"TopPicksData_position\":1},{\"TopPicksData_cardCategory\":\"Cashback \\u0026 Interest\",\"TopPicksData_providerLabel\":\"KOHO\",\"TopPicksData_primaryCta\":\"true\",\"TopPicksData_hasReward\":\"false\",\"TopPicksData_position\":2},{\"TopPicksData_cardCategory\":\"No-Fee Account\",\"TopPicksData_providerLabel\":\"Simplii Financial\",\"TopPicksData_primaryCta\":\"true\",\"TopPicksData_hasReward\":\"false\",\"TopPicksData_position\":3}];\n<\/script>\n\n  <script>\n    window.rewardsConfigs = window.rewardsConfigs || {};\n          window.rewardsConfigs[\"neo|savings|sep-2026~cafsa\"] = {\"startDate\":\"2026-09-04T10:00:00.000Z\",\"endDate\":\"2026-10-31T20:59:59.000Z\",\"showVisaLogo\":true,\"countryCode\":\"CA\",\"isAlwaysOn\":false,\"isTieredReward\":false,\"validationDaysAfterEntry\":null,\"fulfillmentDaysAfterEntry\":null,\"bannerConfig\":{\"badgeText\":\"FINDER REWARDS EXCLUSIVE\",\"title\":\"Get $80 from Finder\",\"titleHighlight\":\"$80\",\"copyText\":\"Become a Finder Member & open a <b>Neo Financial Chequing or Savings Account<\\\/b> online through Finder and make a total minimum deposit of $50 to get an <b>$80 digital Visa card<\\\/b>. 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5.567)\"><\/rect><\/clippath><\/defs><\/symbol><\/defs><\/svg>\n        <div class=\"topPicks__list\">\n      <div class=\"u-grid u-grid--alignStretch\">\n                  <div class=\"u-grid__col topPicks__col u-3\/4 u-5\/12@s u-1\/3@l\">\n            <article class=\"topPicks__card luna-card luna-card--stretch rewards--element-container\" data-niche=\"CAFSA\" data-product-id=\"0b4f0b20-d534-4e79-936c-6ffe0021ea2b\" data-provider-id=\"527000d2-f183-4ae1-848a-6dd199a98cae\" data-product-name=\"Neo Savings Account\" data-provider-name=\"Neo Financial\" data-rewards-campaign-name=\"neo|savings|sep-2026~cafsa\">\n\n              <header class=\"topPicks__header\">\n                <p class=\"topPicks__category\">High Ongoing Rate<\/p>\n              <\/header>\n\n              <div class=\"topPicks__body\">\n                \n                <div class=\"topPicks__nameRow\">\n                                                            <a href=\"https:\/\/www.finder.com\/ca\/savings-accounts\/neo-financial-high-interest-savings-account-review\" class=\"topPicks__productName\">Neo Savings Account<\/a>\n                                                      <\/div>\n\n                <figure class=\"topPicks__figure\">\n                                                        <img decoding=\"async\" src=\"https:\/\/www.finder.com\/niche-builder\/63ff53b675a44.png\" srcset=\"https:\/\/www.finder.com\/niche-builder\/63ff53b675a44.png\" class=\"topPicks__image\" alt=\"Neo Financial logo\" loading=\"lazy\">\n                                  <\/figure>\n\n                                <div class=\"topPicks__rewardRow\">\n                                                                <a href=\"https:\/\/www.finder.com\/ca\/finder-rewards\/finder-x-neo-reward-offer\" class=\"topPicks__lozenge topPicks__lozenge--reward\"><svg width=\"44\" height=\"31\" viewbox=\"0 0 44 31\" fill=\"none\" class=\"topPicks__rewardIcon\" aria-hidden=\"true\" focusable=\"false\"><use href=\"#tpReward-top-picks-0000000000\"><\/use><text x=\"3\" y=\"28\" fill=\"#fff\" font-family=\"'Modern Era', Arial, Helvetica, sans-serif\" font-weight=\"900\" font-style=\"italic\" font-size=\"10\" letter-spacing=\"0\" transform=\"rotate(-8 0 5.567)\">$80<\/text><\/svg><span>$80 Reward<\/span><span class=\"topPicks__rewardShimmer\" aria-hidden=\"true\"><\/span><\/a>\n                                                      <\/div>\n                \n                <div class=\"topPicks__ctaRow\">\n                                      <a class=\"luna-button luna-button--success luna-button--fluid topPicks__cta topPicks__cta--reward rewards--cta\" href=\"#\" data-redirect-url=\"https:\/\/www.finder.com\/redirect\/ca\/savings-accounts\/neo-savings-account-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22top_picks%22%2C%22niche_code%22%3A%22CAFSA%22%2C%22product_id%22%3A%220b4f0b20-d534-4e79-936c-6ffe0021ea2b%22%2C%22product_name%22%3A%22Neo%2BSavings%2BAccount%22%2C%22provider_id%22%3A%22527000d2-f183-4ae1-848a-6dd199a98cae%22%2C%22position%22%3A%221%22%2C%22offer_id%22%3A%2227131%22%2C%22post_id%22%3A%22884522%22%2C%22post_path%22%3A%22savings-accounts%252Frbc-savings%252Frbc-leos-young-savers-account-review%22%2C%22post_country%22%3A%22ca%22%7D\" data-card-position=\"1\">Go to site<\/a>\n                                  <\/div>\n\n                <div class=\"topPicks__disclaimerRow\">\n                                      <p class=\"topPicks__ctaDisclaimer\"><a href=\"https:\/\/www.finder.com\/ca\/finder-rewards\/neo-x-finder-promotion-terms-and-conditions\" target=\"_blank\" rel=\"noopener\">T&amp;Cs apply<\/a><\/p>\n                                  <\/div>\n\n                \n                \n                                  <div class=\"topPicks__descriptionRow\">\n                                          <ul class=\"topPicks__features\">\n                                                                              <li><svg class=\"topPicks__featureIcon luna-icon\" width=\"18\" height=\"18\" style=\"--fill: #008024\" aria-hidden=\"true\" focusable=\"false\"><use xlink:href=\"#check-circle-fill\"><\/use><\/svg><span>Earn 2.00% - 2.75% interest on savings<\/span><\/li>\n                                                                                                        <li><svg class=\"topPicks__featureIcon luna-icon\" width=\"18\" height=\"18\" style=\"--fill: #008024\" aria-hidden=\"true\" focusable=\"false\"><use xlink:href=\"#check-circle-fill\"><\/use><\/svg><span>Open an account instantly<\/span><\/li>\n                                                                                                        <li><svg class=\"topPicks__featureIcon luna-icon\" width=\"18\" height=\"18\" style=\"--fill: #008024\" aria-hidden=\"true\" focusable=\"false\"><use xlink:href=\"#check-circle-fill\"><\/use><\/svg><span>No minimum account balance to start earning interest<\/span><\/li>\n                                                                                                        <li><svg class=\"topPicks__featureIcon luna-icon\" width=\"18\" height=\"18\" style=\"--fill: #008024\" aria-hidden=\"true\" focusable=\"false\"><use xlink:href=\"#check-circle-fill\"><\/use><\/svg><span>CDIC protection for balances up to $100,000<\/span><\/li>\n                                                                        <\/ul>\n                                      <\/div>\n                              <\/div>\n\n            <\/article>\n\n                      <\/div>\n                  <div class=\"u-grid__col topPicks__col u-3\/4 u-5\/12@s u-1\/3@l\">\n            <article class=\"topPicks__card luna-card luna-card--stretch\">\n\n              <header class=\"topPicks__header\">\n                <p class=\"topPicks__category\">Cashback &amp; Interest<\/p>\n              <\/header>\n\n              <div class=\"topPicks__body\">\n                \n                <div class=\"topPicks__nameRow\">\n                                                            <a href=\"https:\/\/www.finder.com\/ca\/banking\/koho\/koho-save-review\" class=\"topPicks__productName\">KOHO Everything Plan<\/a>\n                                                      <\/div>\n\n                <figure class=\"topPicks__figure\">\n                                                        <img decoding=\"async\" src=\"https:\/\/www.finder.com\/niche-builder\/671030f92318e.png\" srcset=\"https:\/\/www.finder.com\/niche-builder\/671030f92318e.png\" class=\"topPicks__image\" alt=\"KOHO logo\" loading=\"lazy\">\n                                  <\/figure>\n\n                                <div class=\"topPicks__rewardRow\">\n                                  <\/div>\n                \n                <div class=\"topPicks__ctaRow\">\n                                      <a class=\"luna-button luna-button--success luna-button--fluid topPicks__cta\" href=\"https:\/\/www.finder.com\/redirect\/ca\/savings-accounts\/koho-everything-plan-ca-savings-account-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22top_picks%22%2C%22niche_code%22%3A%22CAFSA%22%2C%22product_id%22%3A%22bda4c8f7-5608-4c54-8eb0-27ec10413c06%22%2C%22product_name%22%3A%22KOHO%2BEverything%2BPlan%22%2C%22provider_id%22%3A%22cc53d1c3-c4ec-461a-bce0-4235a11de0a2%22%2C%22position%22%3A%222%22%2C%22offer_id%22%3A%2227061%22%2C%22post_id%22%3A%22884522%22%2C%22post_path%22%3A%22savings-accounts%252Frbc-savings%252Frbc-leos-young-savers-account-review%22%2C%22post_country%22%3A%22ca%22%7D\" rel=\"sponsored\" target=\"_blank\" data-card-position=\"2\">Go to site<\/a>\n                                  <\/div>\n\n                <div class=\"topPicks__disclaimerRow\">\n                                  <\/div>\n\n                \n                \n                                  <div class=\"topPicks__descriptionRow\">\n                                          <ul class=\"topPicks__features\">\n                                                                              <li><svg class=\"topPicks__featureIcon luna-icon\" width=\"18\" height=\"18\" style=\"--fill: #008024\" aria-hidden=\"true\" focusable=\"false\"><use xlink:href=\"#check-circle-fill\"><\/use><\/svg><span>Earn up to 3.50% interest<\/span><\/li>\n                                                                                                        <li><svg class=\"topPicks__featureIcon luna-icon\" width=\"18\" height=\"18\" style=\"--fill: #008024\" aria-hidden=\"true\" focusable=\"false\"><use xlink:href=\"#check-circle-fill\"><\/use><\/svg><span>Earn 2% cash back on groceries, transportation, eating and drinking<\/span><\/li>\n                                                                                                        <li><svg class=\"topPicks__featureIcon luna-icon\" width=\"18\" height=\"18\" style=\"--fill: #008024\" aria-hidden=\"true\" focusable=\"false\"><use xlink:href=\"#check-circle-fill\"><\/use><\/svg><span>Earn 0.5% cash back on all other spending<\/span><\/li>\n                                                                                                        <li><svg class=\"topPicks__featureIcon luna-icon\" width=\"18\" height=\"18\" style=\"--fill: #008024\" aria-hidden=\"true\" focusable=\"false\"><use xlink:href=\"#check-circle-fill\"><\/use><\/svg><span>Monthly fee of $14.75 if billed yearly or $22.00 per month if billed monthly<\/span><\/li>\n                                                                                                        <li><svg class=\"topPicks__featureIcon luna-icon\" width=\"18\" height=\"18\" style=\"--fill: #008024\" aria-hidden=\"true\" focusable=\"false\"><use xlink:href=\"#check-circle-fill\"><\/use><\/svg><span>CDIC protection for balances up to $100,000<\/span><\/li>\n                                                                        <\/ul>\n                                      <\/div>\n                              <\/div>\n\n            <\/article>\n\n                      <\/div>\n                  <div class=\"u-grid__col topPicks__col u-3\/4 u-5\/12@s u-1\/3@l\">\n            <article class=\"topPicks__card luna-card luna-card--stretch\">\n\n              <header class=\"topPicks__header\">\n                <p class=\"topPicks__category\">No-Fee Account<\/p>\n              <\/header>\n\n              <div class=\"topPicks__body\">\n                \n                <div class=\"topPicks__nameRow\">\n                                                            <a href=\"https:\/\/www.finder.com\/ca\/banking\/simplii-financial-review\/simplii-financial-high-interest-savings-account-review\" class=\"topPicks__productName\">Simplii High Interest Savings Account<\/a>\n                                                      <\/div>\n\n                <figure class=\"topPicks__figure\">\n                                                        <img decoding=\"async\" src=\"https:\/\/www.finder.com\/niche-builder\/648fb6a2b788d.png\" srcset=\"https:\/\/www.finder.com\/niche-builder\/648fb6a2b788d.png\" class=\"topPicks__image\" alt=\"Simplii Financial logo\" loading=\"lazy\">\n                                  <\/figure>\n\n                                <div class=\"topPicks__rewardRow\">\n                                  <\/div>\n                \n                <div class=\"topPicks__ctaRow\">\n                                      <a class=\"luna-button luna-button--success luna-button--fluid topPicks__cta\" href=\"https:\/\/www.finder.com\/redirect\/ca\/savings-accounts\/simplii-high-interest-savings-account-ca-savings-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22top_picks%22%2C%22niche_code%22%3A%22CAFSA%22%2C%22product_id%22%3A%22784d7307-f7d0-47ba-8b65-f6db8d03436d%22%2C%22product_name%22%3A%22Simplii%2BHigh%2BInterest%2BSavings%2BAccount%22%2C%22provider_id%22%3A%2296092938-0048-41cc-a426-40c7fcee917a%22%2C%22position%22%3A%223%22%2C%22offer_id%22%3A%2221491%22%2C%22post_id%22%3A%22884522%22%2C%22post_path%22%3A%22savings-accounts%252Frbc-savings%252Frbc-leos-young-savers-account-review%22%2C%22post_country%22%3A%22ca%22%7D\" rel=\"sponsored\" target=\"_blank\" data-card-position=\"3\">Go to site<\/a>\n                                  <\/div>\n\n                <div class=\"topPicks__disclaimerRow\">\n                                  <\/div>\n\n                \n                \n                                  <div class=\"topPicks__descriptionRow\">\n                                          <ul class=\"topPicks__features\">\n                                                                              <li><svg class=\"topPicks__featureIcon luna-icon\" width=\"18\" height=\"18\" style=\"--fill: #008024\" aria-hidden=\"true\" focusable=\"false\"><use xlink:href=\"#check-circle-fill\"><\/use><\/svg><span>Earn up to 4.60% interest<\/span><\/li>\n                                                                                                        <li><svg class=\"topPicks__featureIcon luna-icon\" width=\"18\" height=\"18\" style=\"--fill: #008024\" aria-hidden=\"true\" focusable=\"false\"><use xlink:href=\"#check-circle-fill\"><\/use><\/svg><span>No monthly fees<\/span><\/li>\n                                                                                                        <li><svg class=\"topPicks__featureIcon luna-icon\" width=\"18\" height=\"18\" style=\"--fill: #008024\" aria-hidden=\"true\" focusable=\"false\"><use xlink:href=\"#check-circle-fill\"><\/use><\/svg><span>Unlimited transactions and Interac e-Transfers<\/span><\/li>\n                                                                                                        <li><svg class=\"topPicks__featureIcon luna-icon\" width=\"18\" height=\"18\" style=\"--fill: #008024\" aria-hidden=\"true\" focusable=\"false\"><use xlink:href=\"#check-circle-fill\"><\/use><\/svg><span>No min. balance required<\/span><\/li>\n                                                                                                        <li><svg class=\"topPicks__featureIcon luna-icon\" width=\"18\" height=\"18\" style=\"--fill: #008024\" aria-hidden=\"true\" focusable=\"false\"><use xlink:href=\"#check-circle-fill\"><\/use><\/svg><span>CDIC protection up to $100,000<\/span><\/li>\n                                                                        <\/ul>\n                                      <\/div>\n                              <\/div>\n\n            <\/article>\n\n                      <\/div>\n              <\/div>\n    <\/div>\n  <\/div>\n<ul class=\"luna-accordionGroup accordionGroup\">\n\t<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000001\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000001\">\n                <span class=\"luna-accordion__title\">What age group is the RBC Leo's Young Savers Account for? <\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000001\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>You can get the RBC Leo\u2019s Young Savers Account if you're under the age of 13. Most customers will need to transition to an everyday student banking account or an everyday savings account once they no longer meet the age requirements. Another new <a href=\"https:\/\/www.finder.com\/ca\/banking\/kids-banking\">kids banking<\/a> product from RBC is the <a href=\"https:\/\/www.finder.com\/ca\/banking\/kids-banking\/mydoh-review\">Mydoh Smart Cash Card<\/a> and app, which helps kids learn financial literacy and allows parents to track their kids' spending.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000002\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000002\">\n                <span class=\"luna-accordion__title\">Do I need to pay fees with this account? <\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000002\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>No. You won't need to pay monthly fees with this account. Plus, it comes with unlimited debit transactions in Canada and unlimited Interac e-Transfers. However, you may need to pay fees if you take money out at an ATM that isn't on the RBC network.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000003\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000003\">\n                <span class=\"luna-accordion__title\">Is my money safe with RBC? <\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000003\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>Yes. RBC is one of Canada's biggest banks and a member of the <a href=\"http:\/\/cdic.ca\" target=\"_blank\" rel=\"noopener noreferrer\">Canada Deposit Insurance Corporation<\/a>. This means that any money you put into your account will be protected up to $100,000 in the unlikely event that RBC goes bankrupt.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000004\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000004\">\n                <span class=\"luna-accordion__title\">Can I manage my account through mobile banking? <\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000004\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>Absolutely. You can easily download the RBC Mobile app using Google Play or the Apple Store. From there, you can sign up for an account and send and deposit money on the go.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000005\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000005\">\n                <span class=\"luna-accordion__title\">Can I apply online?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000005\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>No. Unfortunately, you'll only be able to sign up for this account by calling into RBC or by visiting a branch in person.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>Set your child up for financial success in the future with this dedicated youth savings account.<\/p>\n","protected":false},"author":474,"featured_media":1037232,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_focuskw":"RBC Leo\u2019s Young Savers Account Review","_yoast_wpseo_title":"RBC Leo\u2019s Young Savers Account Review | Finder Canada","_yoast_wpseo_metadesc":"The RBC Leo\u2019s Young Savers Account is a kids savings account designed for children between 0 and 12 years old. Here's our review.","_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","_yoast_wpseo_canonical":"","_yoast_wpseo_opengraph-title":"","_yoast_wpseo_opengraph-description":"","_yoast_wpseo_opengraph-image":"","_yoast_wpseo_opengraph-image-id":"","apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"post_is_fact_checked":"false","post_co_author":"-1","post_co_author_date":null,"post_co_author_manual_date_checked":"false","post_reviewer":"-1","post_reviewer_date":"","post_reviewer_manual_date_checked":"false","post_editor":"-1","post_editor_date":null,"post_author_date":"","post_author_manual_date_checked":"false","_last_updated_date_data":"{\"is_updated_date_published\":true,\"last_updated_date\":\"2026-08-13 11:03:05\",\"timezone_offset\":\" +00:00\",\"last_update_summary\":\"We verified and updated information throughout this guide.\"}","_last_major_update":"","_search_priority":0,"feature_finder_bot_teaser_enabled":false,"feature_finder_bot_teaser_message":"","feature_finder_bot_teaser_placeholder":"","feature_finder_bot_teaser_suggestions":"","footnotes":"","_yoast_wpseo_twitter-title":"","_yoast_wpseo_twitter-description":"","_yoast_wpseo_twitter-image":"","_yoast_wpseo_twitter-image-id":""},"categories":[107157],"tags":[],"asset_tag":[],"class_list":["post-884522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rbc-savings"],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6.1 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>RBC Leo\u2019s Young Savers Account Review | Finder Canada<\/title>\n<meta name=\"description\" content=\"The RBC Leo\u2019s Young Savers Account is a kids savings account designed for children between 0 and 12 years old. Here&#039;s our review.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.finder.com\/ca\/savings-accounts\/rbc-savings\/rbc-leos-young-savers-account-review\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBC Leo\u2019s Young Savers Account review\" \/>\n<meta property=\"og:description\" content=\"The RBC Leo\u2019s Young Savers Account is a kids savings account designed for children between 0 and 12 years old. 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Most customers will need to transition to an everyday student banking account or an everyday savings account once they no longer meet the age requirements. Another new kids banking product from RBC is the Mydoh Smart Cash Card and app, which helps kids learn financial literacy and allows parents to track their kids' spending."}},{"@type":"Question","name":"Do I need to pay fees with this account?","acceptedAnswer":{"@type":"Answer","text":"No. You won't need to pay monthly fees with this account. Plus, it comes with unlimited debit transactions in Canada and unlimited Interac e-Transfers. However, you may need to pay fees if you take money out at an ATM that isn't on the RBC network."}},{"@type":"Question","name":"Is my money safe with RBC?","acceptedAnswer":{"@type":"Answer","text":"Yes. RBC is one of Canada's biggest banks and a member of the Canada Deposit Insurance Corporation. This means that any money you put into your account will be protected up to $100,000 in the unlikely event that RBC goes bankrupt."}},{"@type":"Question","name":"Can I manage my account through mobile banking?","acceptedAnswer":{"@type":"Answer","text":"Absolutely. You can easily download the RBC Mobile app using Google Play or the Apple Store. From there, you can sign up for an account and send and deposit money on the go."}},{"@type":"Question","name":"Can I apply online?","acceptedAnswer":{"@type":"Answer","text":"No. Unfortunately, you'll only be able to sign up for this account by calling into RBC or by visiting a branch in person."}}]}]},"article_modified_time":"2026-08-13T07:03:05+00:00"},"custom_fields":{"_masthead_subheading":["{\"text\":\"Set your child up for financial success in the future with RBC&#039;s dedicated youth savings account.\"}"],"_content_type":["niche-content\/recommendation\/product-review"],"_masthead_variant":["{\"id\":\"standard-blue\",\"showFeaturedImage\":false,\"presetId\":\"\",\"shouldUsePrimaryCTAFieldName\":false,\"shouldUseSecondaryCTAFieldName\":false,\"primaryCTA\":null,\"secondaryCTA\":null,\"widgetShortcode\":\"\",\"widgetHeading\":\"\",\"widgetStats\":\"\",\"hasPrioritizedWidget\":false,\"hasMaximizedWidget\":false,\"shouldUseOverrideCTALabel\":false,\"overrideCTA\":null,\"cleanTopPicks\":\"\",\"tilesMenuId\":\"\"}"],"custom_post_template":["single-product-review.php"]},"amp_enabled":false,"_links":{"self":[{"href":"https:\/\/www.finder.com\/ca\/wp-json\/wp\/v2\/posts\/884522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.finder.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.finder.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.finder.com\/ca\/wp-json\/wp\/v2\/users\/474"}],"replies":[{"embeddable":true,"href":"https:\/\/www.finder.com\/ca\/wp-json\/wp\/v2\/comments?post=884522"}],"version-history":[{"count":8,"href":"https:\/\/www.finder.com\/ca\/wp-json\/wp\/v2\/posts\/884522\/revisions"}],"predecessor-version":[{"id":1083113,"href":"https:\/\/www.finder.com\/ca\/wp-json\/wp\/v2\/posts\/884522\/revisions\/1083113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.finder.com\/ca\/wp-json\/wp\/v2\/media\/1037232"}],"wp:attachment":[{"href":"https:\/\/www.finder.com\/ca\/wp-json\/wp\/v2\/media?parent=884522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.finder.com\/ca\/wp-json\/wp\/v2\/categories?post=884522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.finder.com\/ca\/wp-json\/wp\/v2\/tags?post=884522"},{"taxonomy":"asset_tag","embeddable":true,"href":"https:\/\/www.finder.com\/ca\/wp-json\/wp\/v2\/asset_tag?post=884522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}