Settle in Faster with the RBC Newcomer Advantage1

It’s a big decision to move to a new country, that’s why we’re here to make it as easy as possible to get the perfect start in Canada. As Canada’s largest bank, we have a range of banking and credit solutions that are customized for you, to help you get settled faster.

Cover the basics of your new life with our RBC Newcomer Advantage program. It’s here to simplify banking, and give you everything you need to get started financially in Canada.

Explore the Benefits of the RBC Newcomer Advantage Program

1st Bank Account

  • Enjoy no monthly fee banking for 9 months with the RBC No Limit Banking2

1st Credit Card

  • No credit history required* & no annual fee on select cards3

1st Home

  • No Canadian credit history required4 & 120 day rate guarantee5

Helping You Invest Smarter

  • Access to preferred interest rates on select GICs6

Easy Money Transfers

  • Enjoy unlimited free Interac e-Transfers7 with all RBC personal chequing accounts

Send Money Home

  • Convenient and affordable way to send money home with RBC International Money Transfer8

  • Get your 1st car with an RBC Royal Bank® car loan, no credit history required9 – available at over 3,500 dealerships
  • Small safe deposit box (lock box) fees waived for up to two years10
  • Preferred rates on foreign exchange transactions for 12 months11
  • Get a $50 rebate when you open any eligible new business account for your 1st business in Canada12

Here’s Why RBC Is the Right Choice for You


As Canada's largest bank, we’ve been helping newcomers get settled for over 147 years.


We speak your language. Call 1-800-769-2511 to speak with an RBC representative in over 200 languages.

We speak your language. Call 1-800-769-2511 to speak with an RBC representative in over 200 languages.


With over 4,200 RBC ATMs and the largest combined branch and ATM network across Canada, you’ll always have access to your money.


Bank safely anywhere, anytime with online and mobile banking access.13

It’s Easy to Get Started

Visit us today at any RBC Royal Bank branch with your Passport + Landing Papers/Permanent Resident Card.

Find a Branch Near You