Managing Your Car Loan

Flexible Payment Options

We want to make managing your car loan payments easy – whether you want to pay off your loan early, or need some breathing room once in a while.

Through RBC Online Banking, you can stay on top of your car loan 24/7:

Skip a loan payment: Skip up to the equivalent of monthly payment each year^1Disclaimer (Interest continues to accrue).
Delay a loan payment^2Disclaimer
Change your Payment Frequency^3Disclaimer
Check your balance, interest rates, and payment details

Enrol in Online Banking

To enrol in RBC Online Banking without an RBC credit card or client card, you will need the Transit Number (XXXXX) and Account Number (XXXXXXXXXXX) for your car loan*.

Here’s where you can find this information:

Welcome Letter

You received this in the mail from us shortly after you purchased your vehicle. You can find your transit and account number on this page.

Annual Statement

You can find your transit number to the right of the postal code in the top left corner of the page. You can find your account number in the ‘Details of Your Loan’ box in the centre of the page.

Enrol Now

*Applicable for personal clients only. Business clients can reference the RBC Online Banking Enrolment pagein a new window.

Protect What Matters

At RBC Royal Bank, we offer the security of LoanProtector^® Life and Disability insurance. You can safeguard not only yourself and your family’s lifestyle, but also your assets and net worth.

Learn More

Save Cash on Every Fill-Up

Save 3 ¢ per litre on gas at Petro-Canada^{†Disclaimer}, plus earn 20% more points when you link your Petro-Points card to any eligible RBC debit or credit card^{2Disclaimer,3Disclaimer}.

Learn Moreabout saving through our RBC – Petro Points Program opens in a new window

Have More Questions?

Online Banking

Through RBC Online Banking, you can stay on top of your car loan 24/7.

Call Our Help Line

Talk to an Advisor today to help you manage your loan.

1-800-769-2511

Please be advised, our call centre is currently experiencing very long wait times. We encourage you to use our online booking toolnew window to schedule a time to speak with us by phone.

View Legal DisclaimersHide Legal Disclaimers

^®/^TM

Trademark(s) of Royal Bank of Canada.

†

Petro-Canada is a Suncor business. Trademark of Suncor Energy Inc.

RBC automotive financing products are offered by Royal Bank of Canada by way of conditional sales contract (in Quebec, installment sales contract) and are subject to its standard lending criteria.

In order to be eligible to skip a payment, loan payments must be up to date and in good standing. Skipping a payment may result in extending the amortization period of the loan. If you skip a payment and your Loan is protected with Loan Protector Insurance, the premium (for the period of the skipped payment) will be collected from your next regular payment. This means less of the next payment will be used to reduce the principal amount of your Loan. If a payment is skipped for a fixed rate loan, interest will continue to accrue and will be collected when the next payment resumes. If a payment is skipped for a variable rate loan, the unpaid accrued interest as well as the interest on the part of the principal that went to payment of the missed Loan Protector premium will be added to the loan principal balance (‘’Combined Amount’’) thus increasing the principal amount outstanding on your loan. Interest, at the interest rate of the loan, is charged on the Combined Amount until it is paid in full. You may repay the skipped payment at any time.

When you delay a payment interest will continue to accrue on the total amount of the delayed payment, until the delayed payment is paid in full. The delayed payment must be paid prior to your next loan payment date. If your loan is protected with LoanProtector applicable insurance premiums will continue to accrue. The accrued premiums will be collected from the delayed payment, which means less of your payment will be used to reduce the principle amount of your loan.

You could pay monthly, semi-monthly, bi-weekly or weekly.

⁴

This is an automotive lending prequalification only, and not an automotive lending approval or pre-approval. The RBC My Auto Affordability Tool (“Tool”) provides an estimate of the amount of auto finance loan you may qualify for with Royal Bank of Canada based on the accuracy and completeness of information provided at the time of completion. You must submit a separate application for an automotive lending approval or a pre-approval and a full credit report, which will be subject to formal verification processes and assessed on current credit adjudication policies. You should not waive any financing condition based on the results of this Tool. For full Tool terms and conditions, visit https://www.rbcroyalbank.com/car-loans/maat/tc.html (opens in new window).

⁵

Each time you use your linked RBC Card to pay for qualifying purchases at a Petro-Canada location, you will earn a bonus of twenty percent (20%) more Petro-Points than you normally earn, in accordance with the Petro-Points terms and conditions available at www.petro-canada.ca/en/personal/terms-conditionsopens in a new window. Petro-Points are not awarded on tobacco products, vaping products, gift cards, transit tickets and taxes on non-petroleum purchases. Only certain RBC credit cards earn Avion points. Each time you use your linked RBC Card that earns Avion points to pay for purchases at a Petro-Canada location, you will earn a bonus of twenty percent (20%) more Avion points than you normally earn for every $1 in purchases in accordance with the Avion Rewards Terms and Conditions at www.avionrewards.com/terms-and-conditions.htmlopens in a new window. Please allow up to ninety (90) days from the date the transaction is posted on your credit card statement for the bonus points to be deposited into your Avion Rewards account.

Your Car Loan Made Easy

Flexible Payment Options

Enrol in Online Banking

Protect What Matters

Let’s Talk About Your New Car

Save Cash on Every Fill-Up

Have More Questions?

Online Banking

Call Our Help Line