Reach Your Retirement Goals Sooner with the Help of This RRSP Loan.

You’re pre-approved¹ for an RRSP loan at our RBC Prime Rate², currently at 2.45%, that you can use to contribute to an RBC Royal Bank^® RRSP account to invest and grow your retirement savings.

Take advantage of this offer and:

Borrow a lump sum for this year’s contribution
Maximize any unused RRSP contribution room from previous years

Don't miss out on the tax savings and investment growth opportunities of an RRSP.

With an RRSP Loan You Can Get:

Deferred Repayment

For up to 90 days, so you can use your tax rebate to repay all or some of your loan.

Great Term

Repay your RRSP loan within 12 months from the day we advance the loan to you.

Easy Payment Options

Monthly, semi–monthly, bi-weekly or weekly loan payments can be deducted automatically from any RBC Royal Bank or other bank’s chequing account.

Calculate³ how much your contribution is worth by the time you retire!

You’re Already Pre-approved¹!

Accept by February 26, 2021.

Book an Appointment

Call us at 1-855-834-20491-855-834-2049

Have an existing plan? Sign in to contribute to your RRSP online.

Remember, any contributions to an RBC^® RRSP account before midnight, local time, on Monday, March 1, 2021 may be included in your 2020 tax return.

^®/TM

Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.

Personal lending products are provided by Royal Bank of Canada and are subject to its standard lending criteria.

This pre-approved offer is exclusive to you based on the credit and financial-related information we have about you as of the date of this communication. We reserve the right to withdraw this offer at any time, without notice. This is a pre-approval for the Registered Retirement Savings Plan loan amount indicated in your communication (the “RRSP Loan”) at an interest rate of 2.45% for a term of one year (12 months). This offer is not available in combination with any other rate discounts, offers or promotions and expires February 26, 2021. The RRSP Loan at RBC Prime Rate may only be used for a Registered Retirement Savings Plan opened with Royal Bank of Canada. The first loan payment may be deferred for a period of 90 days in order to use any tax refund for repayment.

"RBC Prime Rate" means the annual rate of interest announced by Royal Bank of Canada from time to time as its reference rate then in effect for determining interest rates on Canadian dollar commercial loans made by the Bank in Canada. Royal Bank of Canada Prime Rate is 2.45% as of January 13, 2021 and is subject to change at any time without notice.

The calculation is based on the accuracy and completeness of the data you have entered, is for illustrative and general information purposes only, and is not intended to provide specific financial or other advice, and should not be relied upon in that regard. Actual results may vary, perhaps to a large degree.

Reach Your Retirement Goals Sooner with the Help of This RRSP Loan.

With an RRSP Loan You Can Get:

You’re Already Pre-approved1!

You’re Already Pre-approved¹!