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Optional insurance on your RBC Royal Bank credit card

BalanceProtector Premiere Plus and BalanceProtector Premiere are low-cost ways to make sure your RBC Royal Bank® credit card balance doesn’t become a burden to you or your family should something unexpected happen.

If you choose to enroll you will have a wide range of benefits and services available:

  • Acceptance is automatic

  • You will not be charged for coverage during months when there is no activity on the card and no previous balance has been carried forward.

  • You can cancel coverage at any time

  • You can help protect your credit rating should something unexpected happen to you
 

Apply Now

1. Under “My Accounts”, select the credit card that you would like to apply coverage to.

2. Scroll down and select “Apply for BalanceProtector Premiere”

Sign into Online BankingSign into Online Banking
 
 
 

BalanceProtector Premiere Option for your Credit Card

Benefits BalanceProtector Premiere Plus BalanceProtector Premiere
Maximum Benefit $25,000 $25,000
Monthly Benefits
Paid Out
10% of the outstanding balance for up to 10 months 5% of the outstanding balance for up to 20 months
Life, Accidental
Dismemberment,
Critical Illness
Check
Check
Total Disability &
Involuntary
Unemployment
Check
Check
Loss of Self-
Employment
Income
Check
Check
Lifetime Milestone
Service to help
celebrate positive
events in your life
Check
Check
Disability Requiring
Hospitalization
Check
N/A
Premium waiver
refunded while
on claim
Check
N/A
Cost - Calculate cost using your current balance®
$1.19 per $100 of average daily balance(1).
$0.99 per $100 of average daily balance(1).
 

Apply Now

Apply Now Sign into Online Banking

  1. Under “My Accounts”, select the credit card that you would like to apply coverage to.
  2. Scroll down and select “Apply for BalanceProtector Premiere”

Call us at 1-888-896-2766 Call us at 1-888-896-2766

Visit an RBC Royal Bank Branch Visit an RBC Royal Bank Branch (opens new window)

 

1) The average daily balance is calculated by adding the account balance at the end of each day, and dividing the total by 28 (the number of days in the billing period).