Bank Freely with Unlimited Debit Transactions
Simplify your everyday banking with unlimited debit transactions and seamless access to your money, whenever you need it.
Top Account Benefits
Enjoy unlimited debit transactions
Buy, send and withdraw with unlimited debit transactions in Canada.
Send international money transfers for free27
Pay $0 for U.S. and international money transfers.
Avion Rewards Premium Membership
Make everyday spending go further by earning Avion Points on your everyday debit purchases when you enroll in the RBC Value Program.
Benefits include:
spent
Earn a minimum of 1 point per $10 spent on everyday purchases
Redeem points for the things that matter most, from travel and everyday essentials to bill payments
Save more by linking your card to our partners, unlocking extra value with Petro Points, Triangle Rewards, and more
Learn More about Avion Rewards
This Account May Be Ideal for You If:
You want to spend without limits
Unlimited debit transactions in Canada mean you can buy, send and move money without limits.
You want to keep fees low without a minimum balance
Unlock all benefits of your account without maintaining a minimum balance.
This Account May Not Be Ideal for You If:
You write cheques
Consider the RBC Signature No Limit Banking account if you need to write cheques and order bank drafts.
* This is the monthly account fee. Additional fees may apply depending on your account activity. View other fee details.
Fees and Other Benefits
Right Account Guarantee®
If you’re not completely satisfied within the first 4 months, we’ll refund your monthly fees for up to 3 monthslegal disclaimer 11
Avion points
Earn points on debit purchases once your account is enrolled in the RBC Value Programlegal disclaimer 15
International money transfers27
Pay no fee for U.S. and international money transfers
Personalized cheques
Fees apply
Bank drafts
$9.95 each
Overdraft protection
eStatements
Free
Tailored Advice with a Trusted Advisor with your RBC Advantage Account
Get personalized guidance
Gain confidence in money management with our trusted advisors.
Enjoy nationwide support
Get access to over 1,100 branches and ATMs that are ready to serve you.
Speak with us in your preferred language
Receive help in more than 200 languages, ensuring every conversation feels comfortable and personal.
All Your Banking, in Your Hands
Simplify budgeting
Receive tailored budget suggestions that match your spending and saving patterns.
Spot issues quickly
Receive alerts for duplicate or unusual transactions right in the RBC Mobile app.
Gain personal insights
Track grocery spending, upcoming payments and more.
RBC Mobile App
The RBC Mobile app gives you personalized tools and insights so you can save, spend and manage your money with ease.
Already a client? Get the app now:
Scan or text “RBC” to 722722 and we’ll send you the link to your phone.
How We Keep Your Money Safe
Lock your card instantly
Easily lock or unlock misplaced debit card in the RBC Mobile applegal disclaimer 23.
Security guarantee
Feel confident knowing your money is CDIC-insured up to $100,000 and secured against unauthorised use.legal disclaimer 12
Need help deciding?
Help Me ChooseAccounts Most Often Opened Together with Advantage
Frequently Asked Questions
The RBC Advantage Bank account is a chequing account that offers unlimited debit transactions, including ATM withdrawals. It has no monthly fees for eligible full-time students and anyone 24 and younger6, 32, as well as eligible newcomers for their first year. Other key benefits include free Interac e-Transfers transactions, and no RBC fees for using other banks’ ATMs in Canada.
The standard monthly fee for the RBC Advantage Bank account is $12.95; however, you may be eligible to receive a full or partial rebate on your monthly fee through the Value Program. There are no monthly fees for full time students and anyone 24 and younger, as well as eligible newcomers for their first year.
No. You can only receive one monthly fee rebate per bank account. RBC will automatically apply the highest value rebate you are eligible for each month.
Once you no longer qualify for any of the available rebates, you will be charged the full monthly fee.
There are no monthly fees for full-time students, anyone 24 and younger, and eligible newcomers during their first year. You may also be eligible to receive a full or partial rebate on your monthly fee through the Value Program. Otherwise, the RBC Advantage Banking Account has a monthly fee of $12.95.
You can open this account online via RBC Online Banking or the RBC Mobile app, or in person at an RBC branch. If you open your account online, RBC may ask you to verify your ID at a branch before activation.
To apply, you’ll need:
- A valid ID (such as a driver’s licence or passport)
- Your personal information (address, date of birth, email, employment or student status, and tax residency)
The Value Program is a way for RBC clients with an eligible personal bank account to get more rewards and more savings. When you enrol an eligible RBC bank account in the Value Program, you can:
- Save on monthly fees when you:
- Have two or more additional eligible RBC product categories
- Complete at least two out of three regular account activities (a pre-authorized payment, direct deposit or bill payment) with your enrolled account each month.
- Earn Avion points when you make debit purchases in-store or online using your enrolled account.
The best part? There is no additional cost to enrol in the Value Program. You can enrol your RBC Advantage Banking account by booking an appointment, calling 1-800-769-2511 or visiting a branch.
If you meet multiple criteria for rebates, for example, you are a newcomer and a student, RBC will apply whichever rebate provides the greatest benefit for that month, but you will not be able to add them together. For example: you won’t get a waiver for being a newcomer plus another rebate for being a student in the same month; you just get the one best applicable offer.
You can compare chequing accounts to discover key differences and choose what features are right for you.
RBC Vantage is the way we describe all of the powerful benefits you can get just by having an eligible RBC bank account19. There is no additional cost to enjoy these benefits—and you don’t need a minimum balance.
Here are just a few ways you can take advantage of these benefits:
- Earn Avion points with an eligible bank account by enrolling your account in the Value Program and making debit purchases in-store or online using your enrolled account.
- Save on monthly fees when you enrol your account in the Value Program, have 2 or more additional eligible RBC product categories, and complete at least 2 out of 3 regular account activities (a pre-authorized payment, direct deposit or bill payment) with your enrolled account each month.
- Save 3¢/L on gas at Petro-Canada with every fill-up using your linked RBC card.
- Load available offers to your eligible RBC debit card and start getting rewarded with offers from popular brands.
The RBC Advantage Banking account is one of the chequing accounts offered by RBC with many great benefits including unlimited debit transactions.
Overdraft protection coverage means you won’t pay the usual overdraft protection fee. However, interest still applies on any overdrawn balance until it is repaid.
Your overdraft limit depends on your credit history and account activity. RBC typically sets personalized limits for eligible clients, and you’ll be notified of your limit when your overdraft protection is approved.
- transactions that occur after you notify us that you believe that any of your Passwords may have become known by someone, or that you noticed unusual, suspicious or fraudulent activity on any of your Accounts;
- transactions where it can be shown that you have been a victim of fraud, theft or have been coerced by trickery, force or intimidation, so long as you report the incident to us immediately and cooperate and assist us fully in any investigation;
- transactions resulting from negligent conduct by us, our employees or Third-Party Service Providers;
- Interac‡ Online Payment transactions resulting from negligent conduct by any Third Party participating in Interac‡ Online Payment; and
- any failure, error, malfunction, or technical problem of our system or equipment or that of any Third-Party Service Provider or any Third Party participating in Interac‡ Online Payment.
- you do not comply with any of your obligations under this Agreement or you do not comply with any instructions we may provide to you in connection with Digital Banking or Mobile Payments;
- you engage in any fraudulent, criminal or dishonest acts related to Digital Banking or Mobile Payments;
- you access Digital Banking or Mobile Payments via a Device that you know or reasonably should know contains software that has the ability to reveal or otherwise compromise any of your Passwords, Personal Verification Questions or an e-Transfer Question and Answer;
- you carry out the transaction, including if the transaction is a result of any mistake, error, omission, inaccuracy or other inadequacy of, or contained in any data or information that you give to us;
- you share any of your Passwords or Personal Verification Questions; or
- you consent to, contribute to or authorize a transaction in any way.
This rating reflects the Apple App Store score as of December 2025 and is subject to change.
