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Where can I find the full terms and conditions of this offer?

Please go to rbc.com/ipadoffer

Do I need to be a new RBC client to get the chequing account offer?

Yes, this offer is available to individuals who:

  • 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

How do I get the RBC new bank account offer?

Here’s how to get the iPad offer:

1) Open an eligible RBC bank account by November 3, 2025

2) Set up and complete two of the following within 90 days of opening your account:

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

To upgrade your offer to an iPad Pro or MacBook Air:

  • Complete all the requirements to get the iPad offer, outlined above
  • Contribute $50,000 net new funds across eligible RBC investment accounts
  • Eligible accounts include:

    • Tax-Free Savings Accounts (TFSAs)
    • Registered Retirement Savings Accounts (RRSPs)
    • Registered Education Savings Plans (RESPs)
    • First Home Savings Accounts (FHSAs)
    • Non-Registered Investment Accounts
    • And more. See terms and conditions for full listing of eligible accounts

* All contributions to the qualifying accounts are eligible except Redeemable GICs and Non-Redeemable GICs with a term of less than 1 year.

Other terms and conditions apply.

When will I receive the Apple Reward if I qualify?

Shortly following the 90th day after opening the Eligible Personal Banking account, or after you complete the Personal Banking and Investments Qualifying Criteria (whichever is earlier), you will receive an email from RBC to the email address you have provided to us on account opening with a link to a secure website where you can select your device and confirm your shipment details. When selecting your device, the website will provide you with an estimated delivery time which will vary based on your selection.

How long do I need to keep my account open and continue with the qualifying activities?

Your Eligible Personal Banking Account must remain open and in good standing, and the Qualifying Criteria you performed to get the Apple iPad Reward (such as payroll/pension deposit, bill payment or pre-authorized payment) must remain in effect until at least November 3, 2026.

If you qualified for the upgrade to the iPad Pro or MacBook Air, you must also maintain the minimum $50,000 net contribution until 365 days after opening the Eligible Personal Banking Account.

If I opened a joint account with my partner then do we each receive the Apple reward?

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 5 years.

Can I still qualify if I don’t use an automated recurring payroll direct deposit?

Yes, as long as you set up and complete two (2) pre-authorized monthly payments and have paid two bills and both payments are debited from the new eligible account within 90 days of opening the Eligible Personal Banking Account.

What types of payments count as Pre-Authorized Payments and meet with the offer requirements?

If you choose to qualify for this offer with the two (2) pre-authorized monthly payments (PAPs) option, the payments must be withdrawn from your new eligible account within 90 days of opening the account. 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 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.

How do I switch banks?

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.

Do I need to contribute $50,000 to get the iPad offer?

You do not need to contribute $50,000 to get the iPad offer. The $50,000 contribution into investments applies to new chequing account clients who qualify for the iPad offer and wish to upgrade the offer to the iPad Pro or MacBook Air.

Can I get this promotion if I open my new account at a branch?

Yes, you are eligible for this offer if you open your account at a branch, provided it is opened by November 3, 2025

What accounts are eligible for the device upgrade offer?

Our most popular investment accounts are eligible for the upgrade offer, including:

  • Tax-Free Savings Accounts (TFSAs)
  • Registered Retirement Savings Accounts (RRSPs)
  • Registered Education Savings Plans (RESPs)
  • First Home Savings Accounts (FHSAs)
  • Non-Registered Investment Accounts
  • And more. See terms and conditions for full listing of eligible accounts

* All contributions to the qualifying accounts are eligible except Redeemable GICs and Non-Redeemable GICs with a term of less than 1 year.

How do you calculate my net Contribution amount?

We will look at all net contributions (contributions minus withdrawals) made to eligible RBC investment accounts, or collectively into any combination of eligible RBC investment accounts, . As soon as you meet the $50,000 requirement, you will qualify for the upgrade offer.

Do transfers from one RBC account to another RBC account count towards the $50,000?

Only net new contributions to RBC accounts count toward the offer. Transfers between RBC accounts are not applied to the $50,000 requirement.

How long do I need to keep the $50,000 deposits in my account to qualify for the device upgrade?

You must hold the funds in your account(s) for 365 days after opening the Eligible Personal Banking Account.

If I deposit $50,000 across multiple accounts, would that qualify for the device upgrade?

Yes. Provided your C$50,000 contribution is across eligible accounts (see terms and conditions for accounts), you can deposit across as many accounts as you wish.

What happens if the market value of the funds in my account changes during the hold period?

The market value of your funds does not factor into the qualifying criteria – as long as your net contribution is at least $50,000, you are eligible for the upgraded device.

Is RBC a good bank?

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.

What is a chequing account?

A chequing account is meant for your everyday transactions, such as withdrawing cash from an ATM, paying a bill, depositing a paycheque, and paying for groceries. It has the advantage of providing easy access to your money.

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