RBC Chequing Account Offer
Open an Eligible RBC Chequing Account and Get up to $600†
Offer ends March 1, 2027. Qualifying criteria and other conditions apply.
Award winning banking:
Best Bank in Canada
RBC was awarded Best Bank in Canada for 2025 & 2026 by Global Finance
Best Chequing Accounts
RBC was featured in Ratehub.ca's “Best chequing accounts” Editorial ranking 2026
Find the Right RBC Account for You
Choose between two bank account options designed for the way you bank – with built-in benefits, plus this limited-time offer.
RBC Signature No Limit Banking Account
Get flexibility for every way you bank
Enjoy unlimited debit transactions
Buy, send, withdraw and transfer with unlimited debit transactions in Canada
Not sure if this is the right account that fits your needs? Compare our chequing options to find your best fit.
RBC VIP Banking Account
Enjoy unlimited banking with premium perks
Get unlimited debit transactions
Buy, send, withdraw and transfer as much as you need11
Not sure if this is the right account that fits your needs? Compare our chequing options to find your best fit.
Open with confidence. Your chequing account gives you:
RBC Right Account Guarantee
If you're not 100% satisfied within the first 4 months, we'll refund up to 3 months of monthly fees.22
RBC Digital Banking Security Guarantee
Trust your money is safe. Your account is CDIC-insured for up to $100,000 and protected against unauthorized transactions with our Security Guarantee.13
How to Qualify for the $600 Offer
Step 1:
Open an RBC Signature No Limit Banking or RBC VIP Banking account by March 1, 2027†
Step 2:
Complete at least two of the three qualifying activities by May 10, 2027:
- Set up direct deposit. Transfer your full recurring payroll or monthly pension direct deposit to your new account.
- Set up two pre-authorized monthly payments. Set up and complete two eligible recurring payments, such as utility, gym, mortgage, loan or investment payments.
- Make two bill payments. Pay two eligible bills through RBC Online Banking or the RBC Mobile app.
Keep your eligible chequing account open and in good standing for at least 13 months, and earn $100†
Get more from your everyday banking
Personalized Advice in Your Language
Build confidence in managing your money with access to personalized guidance from trusted advisors in more than 200 languages.
Call us at 1-800-769-2511Largest Branch Network in Canada
1,100 RBC branches and 3,800 ATMs across Canada.
Find a Branch or ATMCard Lock
Easily lock a misplaced debit or credit card in the RBC Mobile app and unlock it just as fast.
Get Great Rewards When You Link Your Card to Our Partners
Earn 5x More Be Well Points
Link your RBC Credit Card and earn 50 Be Well™ points on every $1 spent on eligible purchases at Rexall19
Earn 5x More Be Well Points
Link your RBC Credit Card and earn 50 Be Well™ points on every $1 spent on eligible purchases at Rexall19
Top Questions About Our New Bank Account Offer
To qualify for the Personal Banking Promotional Offer, you must meet all the following criteria:
- Be a resident of Canada, and be of the age of majority in the province or territory in which you reside as of the date an Eligible Personal Banking Account is opened;
- Not have an existing Personal Banking Account with us;
- Never had a Personal Banking Account with us, nor qualified for any of our offers related to opening a Personal Banking Account at any time during the Promotional Period or in the five year period before the start of the Promotional Period;
- Open your first new Eligible Personal Banking Account of either an RBC Signature No Limit Banking® account (monthly fee of $16.95) or RBC VIP Banking® account (monthly fee of $30) by 9:00 PM Eastern Time on March 1, 2027; and
- Complete two of the following criteria by 9:00 PM Eastern Time on May 10, 2027:
- Transfer the full amount of your automated and recurring payroll direct deposit or monthly recurring pension direct deposit to your new Eligible Personal Banking Account. RBC has the right to determine what is considered payroll and pension.
- Set up two (2) pre-authorized monthly payments (“PAPs”) from the Eligible Personal Banking Account
- Set up two (2) eligible bill payments to a service provider from your new Eligible Personal Banking Account
Provided you fulfill the above Personal Banking Qualifying Criteria, you will be eligible to receive $500.
Provided you fulfill the above Personal Banking Qualifying Criteria and keep your account open and in good standing for a minimum of 13 months after opening your account, you will be eligible to receive a $100 anniversary bonus.
For full details including defined terms, visit rbc.com/offerterms600.
You can view the full terms and conditions for the RBC $600 chequing account offer at: rbc.com/offerterms600.
Not necessarily. You can be an existing RBC client and qualify for this offer, as long as you:
- Do not have an existing Personal Banking Account with RBC
- Never had a Personal Banking Account with RBC, nor qualified for any of our offers related to opening an account in the last five years
To qualify for the $500 bonus, you must complete the qualifying criteria by May 10, 2027. To remain eligible and avoid having the bonus reversed, you must keep your eligible RBC chequing account open and in good standing, and maintain your qualifying activities (i.e., direct deposit, bill payment or pre-authorized payment) in effect for at least 365 days from the Qualify By Date (until at least May 9, 2028).
For the $100 anniversary bonus, you must also fulfill the qualifying criteria for the $500 bonus and keep your account open and in good standing for a minimum of 13 months after opening your account.
Qualifying criteria and other terms and conditions apply. See the full Terms and Conditions for details.
If you choose to qualify for this offer by setting up two pre-authorized payments, they must be set up and withdrawn from your account by May 10, 2027 at 9:00 PM Eastern Time:
Examples include:
- Pre-authorized eligible bill payment to a service provider (i.e. utility bill, gym membership)
- Pre-authorized payment to an RBC mortgage, loan, Royal credit line
- Pre-authorized contribution to your eligible RBC investment account – from your new Eligible Personal Banking Account
No. This offer is only available to new RBC personal banking clients.
You are not eligible if you:
- Already have an RBC personal banking account, or
- Have qualified for any of our offers related to opening a personal banking account with RBC in the past five years
Upgrading an existing account does not qualify.
No. Only the primary account holder is eligible for the reward.
To qualify, the primary account holder:
- Must be new to RBC personal banking
- Can’t have been a joint account holder within the past five years
You have until May 25, 2027 to notify us if you believe you have qualified for the Promotional Offer and completed the Qualifying Criteria, but have not received your $500 Bonus Amount. Any notice received after this date will not be accepted and you will be deemed not to have qualified for this Promotional Offer.
You have until May 25, 2028 to notify us if you believe you have qualified for but have not received your $100 Bonus Amount. Any notice received after this date will not be accepted and you will be deemed not to have qualified for this Promotional Offer.
Elevate Your
Everyday Banking
Open an RBC chequing account and get more value, more flexibility – and up to $600 when you qualify.
Unlimited debits, no guesswork.
RBC Signature No Limit Banking
$16.95/mo2
Enhanced banking with premium benefits.
RBC VIP Banking
$30/mo2
Includes:
-
Unlimited debit transactions in Canada
-
Up to $48 rebate on the annual fee of an eligible credit card4,5
-
FREE Interac e-Transfer transactions8,9
Need Some
Additional Help?
Book an Appointment
Book a virtual appointment with an advisor:
1-800-769-2561
(Open 24/7)
- Be a resident of Canada, and be of the age of majority in the province or territory in which you reside as of the date an Eligible Personal Banking Account is opened;
- Not have an existing Personal Banking Account with us;
- Never had a Personal Banking Account with us, nor qualified for any of our offers related to opening a Personal Banking Account at any time during the Promotional Period or in the five year period before the start of the Promotional Period;
- Open your first new Eligible Personal Banking Account of either an RBC Signature No Limit Banking® account (monthly fee of $16.95) or RBC VIP Banking® account (monthly fee of $30) by 9:00 PM Eastern Time March 1, 2027; and
-
Complete two of the following criteria by 9:00 PM Eastern Time on May 10, 2027:
- Transfer the full amount of your automated and recurring payroll direct deposit or monthly recurring pension direct deposit to your new Eligible Personal Banking Account. RBC has the right to determine what is considered payroll and pension.
- Set up two (2) pre-authorized monthly payments (“PAPs”) from the Eligible Personal Banking Account
- Set up two (2) eligible bill payments to a service provider from your new Eligible Personal Banking Account
This offer may not be combined or used in conjunction with any other Personal Banking Account offers unless otherwise indicated. Royal Bank of Canada reserves the right to withdraw or amend this offer at any time without notice, even after acceptance by you. Other conditions apply. For full details including defined terms, visit rbc.com/offerterms600.
- 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.
Electronic Canadian Tire Money (“CT Money®”) can be earned and redeemed on qualifying items at Canadian Tire and at designated Partner locations. Terms and conditions apply to earning and redeeming CT Money. Your participation in the Triangle Rewards Program is governed by the Triangle Rewards Program Terms and Conditions. Also refer to the Partner page on the Program website for qualifying items at Partners. Please note that you will not earn CT Money on purchases made using a Linked RBC Card at any other retailer.
Once you link your RBC Credit or an RBC Debit Card to your Triangle Rewards Account (“RBC Linked Card”), you’ll earn 3X CT Money, consisting of the 0.4% base rate earned by Triangle Rewards members x 3 for a total of 1.2% of the pre-tax amount of the purchase each time you present your Triangle Rewards card/key fob or any approved Cardless Method and use your Linked RBC Card to pay for qualifying purchases at Canadian Tire or Designated Partner Locations. The 3X CT Money is exclusive of any bonus or promotional offers. CT Money you collect upon making a purchase cannot be redeemed for that purchase and can only be redeemed for a subsequent eligible purchase after the CT Money has been processed and issued to the Triangle Rewards Account.
Eligible RBC Debit Cards are debit cards tied to a personal banking or savings account or a business banking or savings account in good standing that is set up to pay for goods and services at a store or merchant that has point of sale or other designated debit card terminals that accept debit card payments.
You must be enrolled in RBC Online Banking or the RBC Mobile app in order to link your RBC Card to your Be Well Card. Card linking may take up to 2 business days to process before Be Well points can be applied to purchases. Each time you scan your Be Well Card and pay with your Linked RBC Card, you will earn 50 Be Well points for every $1 spent on eligible purchases at Rexall Locations, in accordance with the Be Well Terms and Conditions available at https://www.letsbewell.ca/terms-conditions.
Be Well points are not awarded on taxes; tobacco products; products containing codeine; lottery tickets; alcohol; bottle deposits; gift cards; prepaid cards and wireless or long distance phone cards; event tickets; transit tickets and passes; post office transactions; stamps; passport photos; cash back; gifts with purchases; delivery charges; environmental levies; Home Health Care services/rentals and any other products or services that we may specify from time to time or where prohibited by law.
To "redeem" means to use your Be Well points to pay, or partially pay, for eligible purchases by using your Be Well card at the point of sale in participating Rexall stores following the instructions provided by the cashier, the point-of-sale terminal or other payment processing device. You can redeem the Be Well points you collect for eligible purchases, see Section 5 of the Be Well Terms and Conditions (available at https://www.letsbewell.ca/terms-conditions), or for any other purposes of which we may advise you from time to time.
You must have enrolled in the Be Well program and have registered your Be Well card, or otherwise have called customer service, in order to redeem Be Well points. Any Be Well points collected on a Be Well card will remain the property of the Be Well Administrator until the enrolment and registration process has been completed.
You must redeem a minimum of 25,000 Be Well points at any one time, which are worth $10. Be Well points may be redeemed in increments of $10 up to a maximum of $200 (500,000 Be Well points) in a single transaction. A maximum of 500,000 Be Well points can be redeemed within a 24-hour period.
In Ontario and British Columbia, Be Well points cannot be redeemed on prescriptions. The laws in each province and territory may change from time to time and you are advised to consult with your pharmacist for additional information in this respect.
Be Well points you collect upon making a purchase cannot be redeemed for that purchase and can only be redeemed for a subsequent eligible purchase provided 12 hours have passed since the Be Well points were collected.
Other Features Included in this Account
| Avion Pointslegal bug 1 | Enrol your account in the Value Program to get a minimum of 1 Avion point for every $10 you spend in-store and online using your enrolled account. |
| Interaclegal bug ‡ e-transferslegal bug 2,legal bug 3 | FREE |
| International Money Transfers | Pay no fee for U.S. and international money transferslegal bug 4 |
| Cross Border Debits | 5 cross-border debits per month, $1 each thereafterlegal bug 5 |
| Online, Mobile and Telephone Banking | FREE |
| eStatements | FREE |
| Monthly Paper Statements | $3.00 without cheque image, $3.50 with cheque image |
| Safe deposit box | View fees by safe deposit box size |
| Personalized Chequeslegal bug 8 | 1 book of cheques FREE, afterwards Fees Apply |
| Bank Draftslegal bug 9 | 6 FREE/year, $9.95 each thereafter |
| 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 bug 10. |
Optional Services
| Using a PLUS System ATM in Canada or the U.S.legal bug 11,legal bug 12 | $3 each |
| Using a PLUS System ATM Outside Canada or the U.S. | $5 each |
Other Features Included in this Account
| Avion Pointslegal bug 1 | Enrol your account in the Value Program to get a minimum of 1 Avion point for every $10 you spend in-store and online using your enrolled account. |
| Interaclegal bug ‡ e-transferslegal bug 2,legal bug 3 | FREE |
| International Money Transfers | Pay no fee for U.S. and international money transferslegal bug 4 |
| RBC ATMs | No RBC fee to use ATMs worldwidelegal bug 5,legal bug 6,legal bug 7 |
| Online, Mobile and Telephone Banking | FREE |
| eStatements or Monthly Paper Statements | FREE |
| Cross-Border Debitslegal bug 8,legal bug 9,legal bug 10 | FREE |
| Safe Deposit Boxlegal bug 11 | Up to $60/year discount on regular fees |
| Personalized Chequeslegal bug 13 | FREE, with RBC VIP Style |
| Bank Draftslegal bug 14 | 12 FREE/year, $9.95 each thereafter |
| Right Account Guarantee® | If you’re not completely satisfied within the first 4 months, we’ll refund your monthly fees for up to 3 months.legal bug 15 |
Save with the Value Program Rebatelegal bug 1
Get more from your everyday banking when you enrol any of your eligible RBC bank accountslegal bug 4 in the Value Program. The more product categories you have, the more you earn and save.
Bank Account
RBC Signature No Limit Banking
/ monthlegal bug 2
Your savings and rewards:
$16.95
after rebate*, legal bug 1
Monthly Feelegal bug 2
$16.95
after rebate*, legal bug 1
* To receive a monthly fee rebate, also complete at least one account activity each month (direct deposit, an eligible bill payment, or a pre-authorized payment) for each enrolled account.
By enrolling an eligible RBC personal bank account into the RBC Value Program, holding eligible additional RBC products (“Product Categories”, as more particularly described below), and completing certain activities from your enrolled account each month (as more particularly described below), you may be entitled to receive a partial or full rebate of your enrolled account’s standard Monthly Fee. Eligible Product Categories include RBC personal credit cards, personal investments, residential mortgages, and linked small business relationships. Multiple products in a single Product Category will be considered one Product Category. In addition to having eligible Product Categories, you must also perform any one (1) or more of the following specified account activities in the previous calendar month to or from your enrolled account: a monthly direct deposit, a monthly pre-authorized payment, or an eligible bill payment made at minimum once per month. An eligible bill payment means a bill payment completed through either RBC Online Banking, the RBC Mobile app, using an RBC ATM, or using Telephone Banking Services, and excludes any bill payment made: (i) in-person at an RBC Royal Bank branch with an RBC Advisor, (ii) to an RBC credit card account, or (iii) using an RBC Virtual Visa Debit® associated with your Enrolled Account. Conditions apply. For complete details, please see the Value Program Terms & Conditions.
The Monthly Fee is charged on the last day of the Month of your Account’s monthly cycle. If the last day is a non-Business Day, the fee is charged the previous Business Day. However, if the last day of your Account’s Monthly Cycle is a non-Business Day and falls at the beginning of the calendar month, then the Monthly Fee is collected the next Business Day.
When you enrol your eligible RBC personal bank account into the RBC Value Program, you will be eligible to earn Avion points within the Avion Rewards Program as an Eligible Personal Banking Client, and any such points earned will be deposited into the Avion Rewards account tied to your enrolled account. Purchases from your account refers to using your RBC Client Card to pay for items at a merchant or service provider with the amount electronically debited directly from your enrolled account or using your RBC Virtual Visa Debit for purchases online. Avion points are governed by the Avion Rewards Terms and Conditions available on our website, or a copy may be provided to you by contacting us. For complete details on the Value Program, please see the Value Program Terms & Conditions.
The following RBC bank accounts are eligible for the Value Program: RBC Day to Day Banking, RBC Advantage Banking (includes RBC Advantage Banking for students), RBC Signature No Limit Banking, RBC VIP Banking, RBC No Limit Banking (discontinued), RBC Student Banking (discontinued), RBC No Limit Banking for Students (discontinued), RBC Day to Day Savings, RBC Enhanced Savings and RBC High Interest eSavings.
Save with the Value Program Rebatelegal bug 1
Get more from your everyday banking when you enrol any of your eligible RBC bank accountslegal bug 4 in the Value Program. The more product categories you have, the more you earn and save.
Bank Account
RBC VIP Banking
Your savings and rewards:
$30
after rebate*, legal bug 1
Monthly Feelegal bug 2
$30
after rebate*, legal bug 1
* To receive a monthly fee rebate, also complete at least one account activity each month (direct deposit, an eligible bill payment, or a pre-authorized payment) for each enrolled account.
By enrolling an eligible RBC personal bank account into the RBC Value Program, holding eligible additional RBC products (“Product Categories”, as more particularly described below), and completing certain activities from your enrolled account each month (as more particularly described below), you may be entitled to receive a partial or full rebate of your enrolled account’s standard Monthly Fee. Eligible Product Categories include RBC personal credit cards, personal investments, residential mortgages, and linked small business relationships. Multiple products in a single Product Category will be considered one Product Category. In addition to having eligible Product Categories, you must also perform any one (1) or more of the following specified account activities in the previous calendar month to or from your enrolled account: a monthly direct deposit, a monthly pre-authorized payment, or an eligible bill payment made at minimum once per month. An eligible bill payment means a bill payment completed through either RBC Online Banking, the RBC Mobile app, using an RBC ATM, or using Telephone Banking Services, and excludes any bill payment made: (i) in-person at an RBC Royal Bank branch with an RBC Advisor, (ii) to an RBC credit card account, or (iii) using an RBC Virtual Visa Debit® associated with your Enrolled Account. Conditions apply. For complete details, please see the Opens PDF in new window Value Program Terms & Conditions.
The Monthly Fee is charged on the last day of the Month of your Account’s monthly cycle. If the last day is a non-Business Day, the fee is charged the previous Business Day. However, if the last day of your Account’s Monthly Cycle is a non-Business Day and falls at the beginning of the calendar month, then the Monthly Fee is collected the next Business Day.
When you enrol your eligible RBC personal bank account into the RBC Value Program, you will be eligible to earn Avion points within the Avion Rewards Program as an Eligible Personal Banking Client, and any such points earned will be deposited into the Avion Rewards account tied to your enrolled account. Purchases from your account refers to using your RBC Client Card to pay for items at a merchant or service provider with the amount electronically debited directly from your enrolled account or using your RBC Virtual Visa Debit for purchases online. Avion points are governed by the Avion Rewards Terms and Conditions available on our website, or a copy may be provided to you by contacting us. For complete details on the Value Program, please see the Value Program Terms & Conditions.
The following RBC bank accounts are eligible for the Value Program: RBC Day to Day Banking, RBC Advantage Banking (includes RBC Advantage Banking for students), RBC Signature No Limit Banking, RBC VIP Banking, RBC No Limit Banking (discontinued), RBC Student Banking (discontinued), RBC No Limit Banking for Students (discontinued), RBC Day to Day Savings, RBC Enhanced Savings and RBC High Interest eSavings.
Right Account Guarantee
Whether you're looking for an all-inclusive banking package or a simple day-to-day account, we have the right one for you. Our suite of accounts has been specifically designed to meet our clients' wide range of banking needs, so we're confident you'll find the one that fits you best. In fact, we're so confident that you'll be happy with your new account that if you're not satisfied with it, we'll give you your money back*.
If you open or upgrade to an eligible* RBC banking account and you're not completely satisfied with it, we will refund your monthly fees for up to 3 months.
*Eligible accounts include: RBC VIP Banking, RBC Signature No Limit Banking, RBC Advantage Banking, RBC Advantage Banking for students, RBC Day to Day Banking account. You must close the account and apply for the refund or switch to another account within 4 months of account opening or upgrade. Offer limited to one account opening or upgrade per customer per calendar year. Offer may be withdrawn at any time without notice.