1)
Provided your account is in good standing. If your account is not in
good standing your account will likely not be renewed.
2)
Subject to credit approval. Annual interest rate will be determined
based on information you provide on the application and any credit
bureau information. The annual interest rate is based on the Prime Rate
plus an additional premium that ranges between 0.9% and 6.9%. Your
premium will be calculated on an annual basis and could only change
once a year. Prime Rate means the annual rate of Interest Royal Bank of
Canada announces from time to time as a reference rate for determining
interest rates on Canadian dollar commercial loans in Canada. The Prime
Rate may fluctuate from time to time. It can be found in all of our
branches or online at www.royalbank.com/rates
.
Also, major newspapers in your area will state the Canadian dollar
prime rate of banks.
3) For
terms, conditions and restrictions that apply to the RBC Rewards
program, visit www.rbcrewards.com www.rbcrewards.com
or
call 1-800-769-2512.
4) RBC
Rewards points are earned on net purchases only; they are not earned on
cash advances (including RBC Royal Bank credit card cheques, balance
transfers, cash-like transactions and certain bill payments), interest
charges or fees, and credits for returns and adjustments will reduce or
cancel the points earned by the amounts originally charged.
5) Coverage
underwritten by American Bankers Life Assurance Company of Florida, referred to as Assurant Solutions.
6) Up to
your available credit limit. An overlimit fee or NSF/Dishonoured Cheque
Fee will be charged to the account when the debt exceeds the credit
limit at the statement date. Please note that a competitive rate of
interest is charged on the amount of each purchase, cash advance
(including convenience cheque and balance transfers) and fees from (and
including) the transaction date recorded for them on the monthly credit
card account statement, where they appeared for the first time, until
the day full payment for your account is received. Please refer to the
RBC Royal Bank Visa CreditLine for Small Business cardholder agreement
for more details.
7) The maximum amount of Debt that can remain outstanding and unpaid at any time.
8) Subject
to credit approval. The variable annual interest rate will be
determined based on information you provide on the application and any
credit bureau information. The annual interest rate is based on the
Prime Rate plus an additional premium that ranges between 0.9% and
6.9%. Your premium will be calculated on an annual basis and could only
change once a year.
Prime Rate means the
annual rate of interest Royal Bank of Canada announces from time to
time as a reference rate for determining interest rates on Canadian
dollar commercial loans in Canada. Our Prime Rate in effect on the
first business day of the month will be the Prime Rate we use for the
purposes of calculating your annual interest rate for the statement
period ending in that month, even if our Prime Rate has changed during
the month. The Prime Rate may fluctuate from time to time. It can be
found in all our branches or online.