Optional Insurance on Your RBC Royal Bank® Credit Card
Protection so your Credit Card does not become a burden to you or your family should the unexpected happen.
BalanceProtector Premiere Plus covers you for:
for Accidental Injury
- Receive a single payment of up to 10% of your account balance for each 24-hour period of hospitalization (to a maximum of $25,000)
We celebrate your Lifetime Milestones!
Each time you reach a Lifetime Milestone (such as the purchase of a new home), you will receive a single payment of up to 10% of your outstanding credit card balance (to a maximum account balance of $25,000)!
- Your coverage: $25,000 maximum benefit; up to 10% of your account balance for up to 10 months for Total Disability, Involuntary Unemployment, and Loss of Self-Employment Income.
- You pay: $1.19 per $100 of your insured balance3. At age 70, the monthly premium rate is $0.59 per $100 of your insured balance.
Example: If your insured balance is $500, you pay $5.95 per month + applicable taxes for coverage.
You do not have to pay a premium during months when you have no card activity and no previous balance has been carried forward. Plus, you will receive a refund in the amount of the premium charged to your account as of Statement Date prior to your date of loss while on a claim for Total Disability, Involuntary Unemployment, Loss of Self-Employment Income and Lifetime Milestones Service.