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Key Features

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.1disclaimer

  • 24/7 access

    Withdraw funds at the ATM, write cheques2disclaimer from your account, or transfer money through RBC Online Banking.

  • Additional Features & Benefits

    The ability to decrease your credit limit and close your account is available 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 payment3disclaimer, or pay more to reduce your balance. You can also make changes to your payment account, payment amount, payment frequency or payment due date through RBC Online Banking.

  • 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:

Secured Line of Credit

  • You could use the equity in your home or your investment portfolio as collateral to secure a higher credit limit at a lower interest rate.
  • Limits are available from $5,000 to as much as 65% of the value of your home, less any prior outstanding mortgages. If there are no outstanding mortgages, limit is available up to a maximum of 65% of the value of your home.
  • The interest rate is variable and will rise and fall with changes in the RBC Prime Rate.

Unsecured Line of Credit

  • Credit limits are available from $5,000, with no collateral required.
  • Receive a competitive interest rate, depending on your credit history and financial standing.
  • The interest rate is variable and will rise and fall with changes in the RBC Prime Rate Unsecured Line of Credit.

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

Make Life Happen Your Way with an RBC® Credit Line

Calculate Your Line of Credit Payments

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

Debt Reduction Plan

Reducing your debt starts with making a plan.


Apply for a Line of Credit

Our credit specialists will help you select the credit solution that is right for you.

Call to Talk to a Credit Specialist

1-800-769-2511

1-800-769-2511

® / ™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. Personal lending products and residential mortgages are offered by Royal Bank of Canada and are subject to its standard lending criteria.


There is no charge to withdraw funds via ATM or transfer out of RCL. Two Royal Credit Line cheques may be written during each monthly cycle without charge. A $2.00 Royal Credit Line Cheque Fee applies to each cheque thereafter—and a charge for cheque orders that depends on the design and quantity of the cheques you choose. Refer to your Royal Credit Line Agreement for details.

Two Royal Credit Line cheques may be written during each monthly cycle without charge. A $2.00 Royal Credit Line Cheque Fee applies to each cheque thereafter—and a charge for cheque orders that depends on the design and quantity of the cheques you choose. Refer to your Royal Credit Line Agreement for details.

The minimum payment is the accrued interest, service fees and any other charges that apply for that period, including your LoanProtector insurance premium and taxes, if applicable.

Royal Credit Line accounts are available to clients who meet RBC Royal Bank standard credit criteria. This is a general description of Royal Credit Line; for more information and product details, call us at 1-800-769-2511.