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Save Money with a U.S. Bank Account and U.S. Credit Card

The perfect cross-border banking bundle for CARP Members who visit or live in the U.S.

Direct Checking
U.S. Bank Account

  • You don’t need to be a U.S. resident. Use your Canadian address to open your account
  • Deposit U.S. checks using your smartphone or tablet
  • 10 monthly debits; $1 per additional debitLegal Disclaimer4
  • No minimum balance
  • FDIC insured up to $250,000 per ownership categoryLegal Disclaimer5

Special offer for CARP members: $0 introductory monthly fee for 1 yearLegal Disclaimer1

After the introductory period, choose from two convenient options:

Annual fee with eStatements: 


Monthly fee with eStatements: 


No Annual FeeLegal Disclaimer6
Visa Signature Black U.S. Credit Card

  • Save $25 for every $1,000 you spend by avoiding foreign transaction fees on your U.S. purchases. You won’t pay the typical 2.5% transaction fee on your U.S. purchases
  • Protect your U.S. travel, purchases and vehicle rentals with card insurances and services at no extra costLegal Disclaimer7
  • Get travel perks and conveniences like signature concierge services to scheduled events and purchase tickets
  • Earn the rewards you want including gift cards to your favorite restaurant or store, travel or cash back

  • We’ll use your Canadian credit history and your RBC Royal Bank relationship to help you qualify
  • Get emergency cash and card replacement
  • Use your RBC Rewards points to pay for flights, hotels and more. Plus, there’s no blackout dates or seat restrictions when you fly
Annual Fee:
Additional Card:
Purchase Rate:

Low Introductory APR Offer

Note: To sign up for a Visa Signature Black credit card, you must open or already have an RBC Bank U.S. bank account.

As a CARP Member, You Can Get No Monthly Banking Fees for 1 YearLegal Disclaimer1

  • Save an average of $300 per yearLegal Disclaimer9 on foreign exchange and wire transfer fees
  • Online Banking makes it easy. View your RBC Bank (U.S.) and RBC Royal Bank (Canadian) accounts with a single sign-in
  • Exchange and move money online – instantly and for freeLegal Disclaimer2 – between your RBC Royal Bank (Canadian) and RBC Bank (U.S.) accounts

Learn More:

Frequently Asked Questions

Other Ways to Apply:

Call 1-855-723-9414

Mention Promo Code CARPOFFER

Give Us Your Opinion!

RBC Bank, Equal Housing Lender Equal Housing Lender Member FDIC.
RBC Bank is RBC Bank (Georgia), National Association (“RBC Bank”), a wholly owned U.S. banking subsidiary of Royal Bank of Canada, and is a member of the U.S. Federal Deposit Insurance Corporation (“FDIC”). U.S. deposit accounts are insured by the FDIC up to the maximum amount permissible by law. U.S. banking products and services are offered and provided by RBC Bank. Canadian banking products and services are offered and provided by Royal Bank of Canada. U.S. deposit accounts are not insured by the Canada Deposit Insurance Corporation (“CDIC”).
®/TM Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. Used under licence.
To qualify, client must open a new RBC Bank Direct Checking account. All other account service fees and charges apply. Checking account must be enrolled in eStatements and account must be funded according to the Personal Schedule of Fees. CARP members will need to identify themselves as such to RBC Bank to receive the waiver. Offer is available for new clients of RBC Bank only. Employees of Royal Bank of Canada do not qualify for this offer. For qualified clients, RBC Bank will waive the monthly fee of $3.95 for 12 months, or if the annual fee option is selected, the initial annual fee assessment will be waived. Offer is available for a limited time only and can be withdrawn at any time.
No foreign transaction fees or transfer fees will be charged.  Foreign exchange rates apply when converting currencies.   Standard account charges may apply. Maximum transaction limits may apply and are subject to change. Availability of the money will depend on the time when it is sent from Royal Bank of Canada or RBC Bank. Transaction may not appear on your account transaction history until the following day but will reflect the date of transfer.
There is no fee associated with accessing these ATMs but standard account charges apply. If ATM fees apply, during the process, you will be notified of the fee and will be required to accept the fee if you desire to complete the transaction. Refunded fees: up to 2 fees per cycle for Direct Checking account holders; upon client request.
Debit transaction charges do not include service charges and online fund transfers such as a transfer to a deposit account, a credit card payment and north and south transfers from an RBC Royal Bank account and RBC Bank account in the same name.
Subject to the maximum extent permitted by law. Amount of coverage is based on the account balance and account ownership. For details visit
All loans and lines of credit are subject to approval. Additional credit card transaction fees will apply as follows: Balance Transfers - Either $10 or 3% of the amount of each transfer, whichever is greater (after the end of the introductory period, the maximum fee is $99). The Balance Transfer fee has no maximum during the introductory period (first 6 monthly billing cycles); thereafter, this fee will be a maximum of $99 per Balance Transfer. Cash Advances - Either $5 or 3.5% of the amount of each Cash Advance, whichever is greater. Foreign Transaction Fee - 1.5% of the U.S. Dollar amount of foreign transaction regardless of whether the transaction is made in U.S. Dollars or in a foreign currency (Exception: Puerto Rico and U.S. Virgin Islands). Late Payment Fee- up to $35. Returned Payment Fee - up to $35.
All insurance is subject to limitations and exclusions. Insurance products are offered by Visa and are not insured by the FDIC or any federal government agency and are not a deposit or other obligation of, or guaranteed by, any bank or bank affiliate.
Prime Rate: As published in the Wall Street Journal, Eastern Edition, on the 20th day of the preceding month; current rate is 5.00% as of July 1, 2018.
Based on an average spend of $10,000 per year in the U.S. on a Canadian credit or debit card with a foreign transaction fee of 2.5%, plus two (2) wire transfers per year at a cost of $30/transfer.