Helping you make the most of your account is important to us. Below, we've put together several helpful hints to help you reduce your bank fees.

Can We Help You With One Of The Following?

Tip #1: The right account for you

The best action you can take to save on your bank fees is to make sure your account is right for you. Each of our personal banking accounts and savings accounts have been carefully designed to meet a wide range of needs. In addition, you'll find that our account fees are clearly stated and easy-to-understand-helping you to make informed choices.

Use our Account Selector or Compare Account side by side

Tip #2: Consolidate your accounts

You can significantly reduce the bank fees you pay by consolidating all of your accounts from other financial institutions into one account with RBC^®. We can even take care of the entire transfer for you — and it's absolutely free.

Find out how CustomSwitch^® can help you

Tip #3: Get overdraft protection⁽²³⁾

Avoiding expensive fees associated with having insufficient funds is easy with overdraft protection⁽⁵⁾ on your account. It can also help you maintain your good credit rating

Get a peace-of-mind of overdraft protection

Tip #4: Use online banking or telephone banking

Online and Telephone Banking access is completely free with your RBC Royal Bank^® account. While there may be fees associated with transfers and payments made through Online or Telephone Banking, depending on your account, the fees could be significantly less. Below are just a few examples of how you could save money using Online or Telephone Banking:

• Make an RBC personal loan payment or a Visa^(*) payment before the due date and avoid unnecessary late charges. Double up on your mortgage payments and you can save money on interest.
• Pay a bill to over 6,000 companies and save on the cost of postage. See the bills you can pay with Online and Telephone Banking.
• When you use Online Banking, you can pay up to 10 bills at one time with our Pay Multiple Bills feature. You'll save on postage costs AND pay only one transaction banking fee when you pay multiple bills at one time.^†
• Use Pre-Authorized Direct Deposit and let your employer deposit your paycheck directly into your account without you having to visit your local branch or a banking machine to make your deposit.
• Make a third-party payment to another RBC client through Online Banking as an alternative to certifying a cheque or sending a draft or money order.
• Use a Pre-Authorized Savings Plan and pay yourself first. An easy way to build for the future and save on transfer fees, and cheque fees.

See more ways to bank with RBC Royal Bank^®

Tip #5: Understand our hold policy guide

Our Hold Policy Guide provides in-depth information on how to avoid being placed into an overdraft situation when accepting cheques and items for deposit or negotiation.

Learn more about our Hold Policy

Tip #6: Talk to a Specialist

An RBC Royal Bank specialist is ready to help you find the right account or service that matches your everyday personal banking needs.

Talk to a Specialist

^† Please note that each payment to a third party from your RBC Royal Bank Visa account is treated as a cash advance (up to your available credit and daily limits) and is subject to the standard annual interest rate applicable to your Visa account, from the day the cash advance is posted until the balance is paid in full. A $2.50 cash advance fee/transaction applies and will be charged to your Visa Account. If paying from a Royal Credit Line regular interest charges apply. See your Royal Credit Line Agreement for details.