Please go to rbc.com/offerterms400.

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

1) Open a new RBC Signature No Limit Banking account or RBC VIP Banking account by January 13, 2026

2) Set up and complete two of the following by March 24, 2026

• Your payroll or pension as a direct deposit
• Two (2) pre-authorized monthly payments (PAPs)
• Two (2) bill payments to a service provider

Other terms and conditions apply. See the full Terms and Conditions for details.

$400 will be deposited into your new eligible account within 6 to 10 weeks of you completing the Qualifying Criteria, provided that this is completed by March 24, 2026. This means two of the following activities were completed:

• direct deposit payroll was deposited to your new account,
• two (2) bill payments were made
• two (2) pre-authorized payments were debited from your new account.

Your new bank account must remain open and in good standing, and the qualifying criteria you performed to get the cash reward (such as payroll/pension deposit, bill payment or pre-authorized payment) must remain in effect until after January 13, 2027.

Only the primary account holder who is not an existing owner of a personal banking account is eligible for the offer. The primary account holder must not have previously been a joint account holder within the past five years.

Yes, as long as you set up and complete two (2) Pre-Authorized Monthly Payments and pay two (2) bills – and both payments are debited from your new account by March 24, 2026.

If you choose to qualify for this offer by setting up two (2) pre-authorized payments, the payments must be withdrawn from your eligible account by March 24, 2026. You can set up the two (2) pre-authorized monthly payments from two (2) different companies – or, if you set them up with the same company, the two (2) pre-authorized payments must be for different account numbers. Pre-authorized monthly payments include, but are not limited to, utility bill payments(hydro, water, cable, phone, internet), pre-authorized contributions to your investments and gym membership payments.

No. The $400 offer is limited to one reward per customer during the promotional period.

No. This offer is only for clients who have never had an RBC personal banking account nor qualified for any of our offers related to opening a personal banking account at any time during the promotional period or in the previous five years. Account upgrades do not qualify for the $400 offer.

You may not have received the cash reward due to one of the following reasons:

• If the qualifying criteria was not completed by March 24, 2026.
• Your new eligible account was downgraded or closed prior to January 13, 2027.
• The recurring payroll, two (2) bill payments or two (2) pre-authorized monthly payments were not recognized by RBC Royal Bank

Switching to RBC from another bank is easy! Simply call 1-800-769-2561, visit a branch or choose your bank account and apply online. Please note that your account will need to be fully open before you can transfer money or pre-authorized payments from another financial institution to RBC.

Please contact your branch or our Advice Centre at 1-800-769-2511 no later than April 8, 2026 if you have not received your Cash Reward. Any notice received after this date, will not be accepted and you will be deemed not to have qualified for this Promotional Offer.

RBC is one of Canada’s largest banks (as measured by market capitalization) and most trusted brands. We’re a proud member of Canada Deposit Insurance Corporation (CDIC) and offer a range of bank accounts, credit cards, loans, mortgages, investments and more to fit your needs.

Learn more about RBC.