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Personal Banking > Lines of Credit & Loans > Line of Credit

Line of Credit (Royal Credit Line®)

A Royal Credit Line could save you money and time, and help you easily manage your credit. Here are some of the valuable benefits that you can enjoy:

  • Everyday low rate. Save thousands of dollars a year in interest—rates are typically lower than those offered by credit cards.
  • No annual fee. Plus, there is no fee to withdraw funds.1
  • 24/7 access. Withdraw funds at the ATM, write cheques2 from your account, or transfer money through RBC Online Banking.
  • Reuse available credit once you pay down your balance—no need to re-apply.
  • Flexible payment options. Make just the minimum payment3, or pay more to reduce your balance.
  • Optional LoanProtector® life and disability or critical illness insurance provides protection for you and your family.

Choosing a Secured or Unsecured Line of Credit

When you apply for a Royal Credit Line, you can choose to apply for either a secured or unsecured line of credit:

Expand Secured Line of Credit

Expand Unsecured Line of Credit

If you are not sure what’s right for you, an RBC Royal Bank credit specialist can help you choose.


Calculate Your Line of Credit Payments

Quickly estimate how much your minimum payments would be on a line of credit.


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CheckmarkApply for a Line of Credit

  • Apply Now
  • Call 1-800-769-2511 to talk to a credit specialist

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