Financial Advice You Can Count On
As a physician, you’re no stranger to busy, fast-paced days that leave little time for important tasks like managing your finances. That’s where we can help. We’ll work with you to create a holistic financial plan designed around you, your family, your practice and your future.
Our process helps you define your goals and explore custom solutions and strategies, so you can move forward with ease. When needed, an RBC Healthcare Specialist can bring together RBC resources and professionals to help you:
Get support to balance your needs for today with your goals for the future. Feel confident in your financial plan and put some time back in your schedule—so you can focus on what matters most to you.
Financial advice and solutions for every stage of life
Let an RBC Healthcare Specialist engage all the right RBC professionals, tools and solutions to create a financial plan that checks every box for your life and business.
Based on your evolving needs and goals, they can help you:
- Find the right personal banking and credit solutions
- Build your investment portfolio and retirement plan
- Secure a mortgage for your home and investment properties
- Access private banking and wealth solutions when the time is right
- Build a lasting legacy for you and your loved ones
- Protect what matters most through estate and trust planning
Not sure where to start? Wherever you are in your financial journey, we’re here to help.
From starting a practice to retiring, we can help you every step of the way
Starting and running a practice is easier with the right support. Feel confident about your financial future, with advice and solutions that are designed around your unique needs.
No matter where you are in your career journey, your RBC Relationship Manager can build a tailored financial plan to help you achieve your business goals. They’ll work to help you:
- Create a customized business plan to help you start and grow your practice
- Get the best business account, line of credit and credit card for you
- Secure the financing you need to manage and expand your practice
- Set up cash management and payment solutions
- Explore opportunities to make your practice more efficient
- Plan for growth or business succession when the time is right
As your business adapts and grows, enjoy financial advice and solutions that do the same.
BUNDLE & SAVE
Unlock Exclusive Savings and
Preferred Borrowing Rates
Enjoy tailored solutions that cater to your personal and business needs.
Benefit from Offers and Services Beyond Banking
Physicians often need more than traditional banking. When you choose RBC Healthcare, you unlock access to offers and solutions beyond banking—designed to simplify your daily tasks and save you time and money.
Think of Dr.Bill as your medical billing specialist—in your back pocket. As an RBC client, enjoy a $150 individual billing credit.2
Save 30% on ADP, so you can track employee hours and seamlessly integrate with your payroll services.3
Promote efficient use of clinic space and seamless interactions between patients and staff with 20% off Chime’s AI-powered software.4
Get Advice and Solutions to Help Simplify Life and Business
Meet with one of our RBC Healthcare Specialists across Canada or speak with your RBC advisor.
- Get insights from advisors who understand the medical industry
- Explore personal and practice solutions designed for physicians
- Access the RBC professionals and solutions you need—in one place
RBC Healthcare Specialist
You can also call our support line at: 1-833-395-8118
No endorsement of any third parties or their advice, opinions, information, products, or services is expressly given or implied by Royal Bank of Canada or its affiliates.
Members of RBC Healthcare Advantage, RBC Healthcare Advantage Pro or RBC Healthcare Advantage Private Banking Plans who are referred by RBC are eligible to receive a 30% discount on the following ADP standard recurring processing fees (if applicable) for the following: Base fees, Per employee/per processing fees, Per employee/per month fees, and General Ledger Interface. The discount will apply only on the following products: TeamPay by ADP®, ADP Workforce Now On the Go®, and ADP HR Assist®. The discounted fees and applicable products may be changed by ADP in its discretion, from time to time.
The discount excludes pass through and other costs including, but not limited to: courier fees or other delivery fees; set up, training, installation, sale, rental or leasing of equipment or software; custom programming; maintenance; provision by ADP of cheques, forms or other supplies; any fees for Client conversion, consulting or professional services; official bank cheques; special one-time reports, including tax reports; ADP products or services not in existence on the date hereof; any other Services that are not expressly set out above; screening services or third party recruitment services which may be available as part of ADP Workforce Now® Comprehensive Services; applicable year-end processing fees (including T4 forms); refundable deposits or third-party pass-through charges (including delivery charges); or sales, service or excise taxes. Nothing in this paragraph shall amend or modify the standard terms and conditions of the ADP services agreement entered into by any referred members.
Discount of 20% off the Chime Work Flow Management Product monthly subscription fee available until December 31, 2025 to RBC Healthcare Advantage Plan members. The discount will be honoured for a minimum of 12 months from the date of subscription, at the sole option of Chime. No discount will be applied on the Provider’s one-time fixed or up-front fees, including hardware and installation costs. Chime Technology Inc. not Royal Bank of Canada, is responsible for the terms and conditions associated with your product subscription. For further details on Chime services, visit www.chimeclinic.com.
RBC Homeline Plan
Finance important goals, improve your cash flow and save money. The RBC Homeline Plan combines an RBC mortgage and Royal Credit Line into one product that allows you to access the equity you have in your home.
Top Benefits
-
Low Interest Rate
Borrow at Prime - 0.25%1 with RBC Healthcare Advantage or RBC Healthcare Advantage Pro
-
Credit Grows with Your Equity
Borrow up to 80% of the value of your home—your credit grows as you pay down your mortgage
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Apply Once, Borrow Again
Access credit when you need it—apply once and borrow without needing to reapply
Key Features
- Use your home’s equity for home improvements, education, debt consolidation or emergency readiness
- Only pay for the credit you use on your Royal Credit Line
- Easily access your credit through RBC Online Banking, the RBC Mobile2 app, RBC ATMs, branches or via cheque
- Choose to make interest-only monthly payments3 or pay off your balance in part or in full at any time
RBC VIP Banking Account
The most valuable features we offer in a single account.
This all-inclusive bank account is designed to simplify your everyday banking. And, if you’re an RBC Healthcare Advantage or RBC Healthcare Advantage Pro customer, we’ll waive the $30 monthly fee1,2.
Top Benefits
-
Low Interest Rate
Unlimited debit transactions worldwide3
Other Key Features
- Up to $120 rebate on the annual fee of an eligible premium credit card9
- No minimum balance required
- Overdraft protection fee waived10
- Choice of up to two additional Canadian and one U.S. personal account with monthly fees waived11
RBC VIP Banking account comes with a choice of up to two additional Canadian dollar deposit accounts, to be selected among the RBC Day to Day Banking®, RBC Enhanced Savings® and RBC Day to Day Savings® accounts, and one additional U.S. dollar deposit account, limited to the U.S. Personal Account®, with the monthly fees waived. Note: Due to system limitations all accounts must be opened by the client in the same geographic location or region to be recognized for this bundling feature. If you have questions, please speak to your branch.
RBC Credit Cards Eligible for Annual Fee Rebate
If you have an RBC VIP Banking account and one of the eligible credit cards below, you will receive either a partial or full rebate on the card’s annual fee each year—saving you up to $120/year!1.
Receive a partial rebate of $120 on the annual fee for the primary cardholder and $50 for the co-applicant for:
- RBC Avion Visa Infinite Privilege card
For those who want to start travelling in style with luxury travel perks - RBC British Airways Visa Infinite
For The British Airways flier who wants travel benefits and insurance
Receive a full rebate on the annual fee for the primary cardholder and the additional cardholders (co-applicant and authorized users) on any of the following cards:
- RBC Avion Visa Infinite
For those who want unparalleled travel flexibility with our most popular Avion travel credit card - WestJet RBC World Elite Mastercard
For the WestJet flier who wants access to more rewards and benefits