Switch to RBC and Get No Monthly Fee Banking in Canada and the U.S. for 1 Year¹

RBC Bank, Equal Housing Lender Member FDIC.

RBC Bank is RBC Bank (Georgia), National Association (“RBC Bank”), a wholly owned U.S. banking subsidiary of Royal Bank of Canada, and is a member of the U.S. Federal Deposit Insurance Corporation (“FDIC”). U.S. deposit accounts are insured by the FDIC up to the maximum amount permissible by law. U.S. banking products and services are offered and provided by RBC Bank. Canadian banking products and services are offered and provided by Royal Bank of Canada. All deposit accounts, loans and lines of credit are approved by RBC Bank. U.S. deposit accounts are not insured by the Canada Deposit Insurance Corporation (“CDIC”). 8081 Arco Corporate Dr, Suite 400. Raleigh, NC 27617. www.rbcbank.com

Offer is available until 9pm EST on October 31^st, 2021 to all new Eligible Personal Clients who open an RBC Bank U.S. Direct Checking Account, open an RBC Day to Day Banking account and apply for an RBC Bank U,S. credit card during the Promotional Period via in branch or Advice Centre and comply with all other terms of the offer. The monthly maintenance fee of $4 will be waived for the first twelve (12) months upon account opening of the RBC Day to Day Banking account, and the monthly ($3.95 USD) or annual maintenance fee ($39.50 USD) will be waived for one (1) year from account opening of the RBC Bank U.S. Direct Checking account. Other standard account fees may apply. The RBC Bank Visa Signature Black Plus credit card is not eligible for an annual fee waiver under this offer. All loans and lines of credit are subject to approval. Only one offer per Eligible Personal Client. For complete offer details, including defined terms, please visit http://www.rbcroyalbank.com/dms/cross-border-banking/_assets-custom/includes/terms-and-conditions.html.

All loans and lines of credit are subject to approval. Additional credit card transaction fees will apply as follows: Balance Transfers - Either $10 or 3% of the amount of each transfer, whichever is greater (after the end of the introductory period, the maximum fee is $99). The Balance Transfer fee has no maximum during the introductory period (first 6 monthly billing cycles); thereafter, this fee will be a maximum of $99 per Balance Transfer. Cash Advances - Either $5 or 3.5% of the amount of each Cash Advance, whichever is greater. Foreign Transaction Fee - 1.5% of the U.S. Dollar amount of foreign transaction regardless of whether the transaction is made in U.S. Dollars or in a foreign currency (Exception: Puerto Rico and U.S. Virgin Islands). Late Payment Fee- up to $35. Returned Payment Fee - up to $35. Annual Percentage Rate is 12.74% to 21.49% for Visa Platinum and Visa Signature Accounts based on your credit worthiness. This APR will vary with the market based on the Prime Rate. Current Prime Rate is 4.75% as of December 1, 2019.

A 2.5-3.5% foreign transaction fee is charged on U.S. purchases by most Canadian credit and debit cards but is not charged on U.S. purchases with the RBC Bank Visa Signature Black credit card- a savings of over $40 on $1600 in U.S. spending. An RBC Bank Direct Checking account (with eStatements) has an annual maintenance fee of $39.50 USD after the first year.

No foreign transaction fees or transfer fees will be charged. Foreign exchange rates apply when converting currencies. Standard account charges may apply. Maximum transaction limits may apply and are subject to change. Availability of the money will depend on the time when it is sent from Royal Bank of Canada or RBC Bank. Transaction may not appear on your account transaction history until the following day but will reflect the date of transfer.

There is no fee associated with accessing these ATMs but standard account charges apply.

Debit transaction charges do not include service charges and online fund transfers such as a transfer to a deposit account, a credit card payment and north and south transfers from an RBC Royal Bank account and RBC Bank account in the same name.

Subject to the maximum extent permitted by law. Amount of coverage is based on the account balance and account ownership. For details visit www.fdic.gov

Refer to the RBC Rewards Program Rules and Conditions provided with your credit card for details. Rewards Points are not earned on balance transfers and cash advances

Visa's Zero Liability Policy covers U.S. issued cards only and does not apply to commercial credit cards, ATM transactions, or PIN transactions not processed by Visa. Cardholder must notify card issuer promptly of any unauthorized use. Consult issuer for additional details or visit www.rbc.com/security.

Prime Rate: As published in the Wall Street Journal; current rate is 4.75% as of December 1, 2019.

Debit Transactions in the RBC Day to Day Banking and U.S. Personal Accounts: RBC Virtual Visa Debits, Third-party payment Debits, RBC Royal Bank loan payments, RBC Royal Bank mortgage payments, pre-authorized and self-serve RBC Royal Bank credit card payments and contributions to RBC investment accounts (such as GICs, Royal Mutual Funds, Registered Savings Plans, Registered Education Savings Plans, Registered Disability Savings Plans and Tax-Free Savings Accounts) from your RBC Day to Day Banking Account or U.S. Personal Account are free of charge. All other Debit Transactions from these Accounts are counted as Debit Transactions towards the free monthly Debit Transactions included in the Account, and give rise to an Excess Debit Transaction Fee, if the total free monthly Debit Transactions are exceeded.

RBC Mobile and RBC Online Banking are operated by Royal Bank of Canada, RBC Direct Investing Inc. and RBC Dominion Securities Inc.

Overdraft Protection is an optional feature that may be added to your account. Subject to credit approval. Overdraft interest charge applies if used. If an account is overdrawn, a deposit is required to be made at least once each month, in an amount that will cover the monthly overdraft interest.

All insurance is subject to limitations and exclusions. Insurance products are offered by Visa and are not insured by the FDIC or any federal government agency and are not a deposit or other obligation of, or guaranteed by, any bank or bank affiliate.

Federal regulations and the Personal Services Agreement limit the number of the following types of withdrawals and transfers from a savings or money market account to a total of six (6) each monthly statement period: automatic or pre-authorized transfers, telephone transfers, Online and Mobile Banking transfers or payments or, if checks or debit cards are allowed on the account, check, draft and point-of-sale transactions. If you repeatedly exceed the limit, we may close or convert your savings or money market account to a different account type. An RBC Bank checking account is required to open a Preferred Money Market Savings account or a Personal Savings account.

APY (Annual Percentage Yield) is accurate as of March 1, 2020. APY’s are subject to change at any time after the guarantee date and are not tied to an index. Standard account fees may reduce earnings. Offer is available only to RBC Bank clients on personal accounts. Non-personal and business accounts do not qualify. Preferred Money Market Savings account must be opened and funded by April 30, 2020 to qualify for these exclusive rates. Rates are effective through July 31, 2020. Minimum deposit must be new money not currently on deposit with RBC Bank. Maximum new deposit per client is $5 million without prior consent from RBC Bank. It may take up to two business days from date of deposit for rate to apply.

Offer period is November 1^st, 2020 through October 31^st, 2021 (“Offer Period”). Offer is available for new clients of RBC Bank (U.S.) only. A new client is defined as an individual who has not been a primary or secondary accountholder on any RBC Bank U.S. checking account for the 18 months prior to the start of the offer period. To qualify, client must open a new RBC Bank Direct Checking account and apply for an RBC Bank credit card before the end of the Offer Period. Employees of Royal Bank of Canada do not qualify for this offer. Direct Checking account must be funded according to the Personal Schedule of Fees. For eligible clients, RBC Bank will waive the Direct Checking monthly or annual fee for 1 year. All other checking account fees and credit card fees apply. If a client applies for an RBC Bank Visa Signature Black/Platinum Rewards Plus credit card, the annual fee of the credit card is not waived. Offer is available for a limited time only and can be withdrawn at any time.