The RBC Newcomer Advantage

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Available to newcomers who are (i) permanent residents or international students who arrived in Canada within the last 12 months, or (ii) temporary resident workers who arrived in Canada within the last 48 months, provided you meet all of the eligibility and credit criteria of Royal Bank of Canada.

You must apply for the RBC Cash Back Mastercard by October 31, 2027, at an RBC Royal Bank branch, and be approved by us. You will earn an additional $10.00 back for every $100.00 (10% Cash Back Credit) in Net Purchases (including pre-authorized bill payments) charged on your RBC Cash Back Mastercard account within the first 3 months of account opening, up to a maximum total combined spend of $2,000 (“Welcome Bonus”). Thereafter, the standard Cash Back Credit earn rates of up to 2% on Grocery Store Purchases and up to 1% on other Net Purchases (that are not Grocery Store Purchases) apply. The Welcome Bonus is in addition to the standard Cash Back Credit earn rates. Cash Back Credits are not earned on cash advances (including balance transfers, cash-like transactions and bill payments that are not pre-authorized charges that you set up with a merchant), interest charges or fees, and credits for returns and adjustments will reduce or cancel the cash back credits earned by the amounts originally charged. The Welcome Bonus will appear on your next monthly statement after it was earned, and will be credited as set out in disclosure 35 (below). For complete details on the RBC Cash Back Program including standard earn rates and crediting of Cash Back Rewards, please refer to the RBC Cash Back Program Terms and Conditions at www.rbc.com/cashbackterms (PDF opens in new window). Offer applies to new RBC Cash Back Mastercard accounts only.

One offer per eligible account. Existing cardholders of any RBC personal credit card, applying for or transferring to an RBC Cash Back Mastercard card, are not eligible for this offer. This offer may not be combined or used in conjunction with any other offer except as otherwise set out. Royal Bank of Canada reserves the right to modify, cancel or withdraw this offer at any time. This offer may be revoked at any time if we suspect you may be manipulating or abusing it, or engaging in any suspicious or fraudulent activity, as determined by Royal Bank of Canada in its sole discretion.

Legal Disclaimer&

An ATM operator surcharge (also called convenience fee) may be charged by other ATM operators. The convenience fee is not a Royal Bank fee. It is added directly to the amount of your cash withdrawal. All clients who use non-RBC ATMs may be charged a convenience fee regardless of the type of Account they hold.

Legal Disclaimer*

Your credit limit will be based on financially related information about you, including income. Offer available to RBC Newcomers who are (i) permanent residents who arrived in Canada within the last 12 months, or (ii) temporary resident workers who arrived in Canada within the last 48 months, applying for a new RBC Royal Bank personal credit card (excluding the RBC Rate Advantage Visa). Existing RBC Royal Bank personal credit card cardholders are not eligible. Royal Bank of Canada reserves the right to cancel, modify or withdraw this offer at any time. Higher credit limits are subject to higher income.

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21.99% if you reside in Quebec.

Legal Disclaimer1)

Monthly fee will be waived for the first twelve months upon account opening of the RBC Advantage Banking account or RBC VIP Banking account. Thereafter the monthly fee will be charged: monthly fee of $12.95 for the RBC Advantage Banking account or monthly fee of $30.00 for the RBC VIP Banking account. For RBC VIP Banking account, $10,000 CAD must be deposited into the account within 20 days of account opening to qualify for the promotional offer, and offer expires October 31, 2027. Other account transaction fees may apply. Monthly fee waiver for the first twelve months may be replaced with any in-market offer that applies to the RBC Advantage Banking or RBC VIP Banking account. Available only to newcomers; please see the eligibility requirements in above note *. Offer may be withdrawn or amended at any time without notice. See complete terms and conditions (pdf opens in new window) that apply to this promotional offer. The Monthly Fee Waiver for Newcomers is offered as part of the Commitment on Low-Cost and No-Cost Accounts from the Financial Consumer Agency of Canada (FCAC). For more information, visit: canada.ca/en/financial-consumer-agency/services/industry/laws-regulations/low-cost-no-cost-accounts.

Legal Disclaimer2)

An RBC Royal Bank credit card with no credit history required is available to Newcomers who are (i) permanent residents and international students who arrived in Canada within the last 12 months, or (ii) temporary resident workers who arrived in Canada within the last 48 months, provided you meet all of the eligibility and credit criteria of Royal Bank of Canada.

Legal Disclaimer3)

Free Interac e-Transfer transactions are available with all Canadian dollar Banking Accounts and are not counted in the monthly total of debits. Limit of 999 free Interac e-Transfer Transactions per Month per Account; $1 per transaction over the limit.

Legal Disclaimer4)

Interac e-Transfer Transactions expire 30 days after they are sent and cannot be claimed by the recipient after this time. You have 15 days after the Interac e-Transfer Transaction is sent to cancel without charge. A $5.00 Interac e-Transfer Transaction Reclaim Fee is charged when a recipient does not accept it before it expires and the sender does not cancel the transaction before the 15-day cancellation period.

Legal Disclaimer5)

You will earn (i) $2.00 Cash Back for every $100.00 (2% Cash Back Credit) spent on Grocery Store Purchases, unlimited (ii) $1.00 Cash Back for every $100.00 (1% Cash Back Credit) spent on Transit, Rideshare, Gas and Electric Vehicle Charging Purchases, unlimited (“Eligible Purchases”) made at merchants that are classified by the following eligible Mastercard’s Merchant Category Codes (“Eligible MCCs”), and (iii) $0.50 Cash Back for every $100.00 (0.5% Cash Back Credit) on Net Purchases you make (including authorized bill payments) other than Eligible Purchases, unlimited.

Eligible MCCs:

“Grocery Stores and Supermarkets” (MCC 5411) is “Grocery Store Purchases”.

“Service Stations (With or without Ancillary Services)” (MCC 5541), “Automated Fuel Dispensers” (MCC 5542), “Taxicabs and Limousines” (MCC 4121), “Local and Suburban Commuter Passenger Transportation, Including Ferries” (MCC 4111), “Electric Vehicle Charging” (MCC 5552) are “Transit, Rideshare, Gas & Electric Vehicle Charging Purchases”. Non-commuter passenger railway purchases and non-commuter bus line purchases do not qualify as part of MCC 4111.

Even though some merchants may sell groceries, transit, rideshare, gas and EV charging merchandise, purchases made at these locations may not necessarily qualify as an Eligible Purchase if the merchant is not classified by an Eligible MCC. Also, you may make a purchase at a merchant that is not classified as an Eligible MCC but is located on the premises of a merchant that is classified as an Eligible MCC, in which case your purchase would not qualify as an Eligible Purchase. We cannot guarantee that any merchant, operating in whole or in part as a Grocery Store, Transit, Rideshare, Gas and Electric Vehicle Charging merchant is classified as an Eligible MCC and in no event will we be liable or responsible for any claims with respect to a Grocery, Transit, Rideshare, Gas and Electric Vehicle Charging purchase made at a merchant that is not classified as an Eligible MCC.

Cash Back Credits are earned on Net Purchases only; they are not earned on Cash Advances (including balance transfers, Quasi-Cash Transactions and certain bill payments that are not pre-authorized charges that you set up with a merchant), interest charges or fees, and credits for returns and adjustments will reduce or cancel the Cash Back Credits earned by the amounts originally charged.

From October 1st 2026 until December 1st , 2026: Provided your New Cash Back Balance is $25.00 or more, you can request your Cash Back Reward (representing your New Cash Back Balance) to be credited to your credit card account at any time, by calling us at 1-800-769-2512. To make a credit request, please note that your credit card account must be in Good Standing at the time of your request.

From December 2nd, 2026 onwards: Your Cash Back Reward (representing your New Cash Back Balance or any amount between $1.00 and your New Cash Back Balance) can be credited to your Account at any time, upon your request, provided your Account is in Good Standing at the time of your Credit Request. A Credit Request can be made in Online Banking, the RBC Mobile App, or by calling us at 1-800-769-2512.

For complete details, including the meaning of capitalized terms, please refer to the RBC Cash Back Program Terms and Conditions available at: www.rbc.com/cashbackterms (PDF opens in new window).

Legal Disclaimer9)

Available only to newcomers (please see the eligibility requirements in above note †). Annual fees will be waived for RBC Advantage Banking and RBC Signature No Limit Banking accounts (each an “Eligible Account”) for up to one-year rental (offer ends July 31, 2028) of a small safe deposit box (SDB), where such boxes are available. Standard safe deposit box fees are collected in advance in January for each calendar year. If you open, switch or are converted to an Eligible Account, the standard fee applicable to your eligible safe deposit box will be waived in full or in part for the current year, depending on the time when the box is opened, and in full for the following year. RBC VIP Banking account holders receive one small box free as a standard feature of that account type, so long as they maintain their RBC VIP Banking account in good standing; offer cannot be combined with any other safe deposit box offer. Offer is subject to change without notice.

Legal Disclaimer10)

You may be eligible for an RBC Royal Bank residential mortgage or mortgage within an RBC Homeline Plan, even if you have no or thin Canadian credit history, provided you meet all of the eligibility and credit criteria of Royal Bank of Canada and do not have adverse credit bureau information . All residential mortgages and lending products are provided by Royal Bank of Canada are subject to its standard lending criteria. Available to permanent residents who have been in Canada less than 5 years. Temporary residents may also apply. To take advantage of these offers, you must show proof of entry into Canada and provide supporting documents such as a passport, and landing papers (work permit/visa) or Canadian permanent resident card. Additional documents may be required to validate down payment funds sourced from another country.

Legal Disclaimer11)

Available to permanent residents and temporary foreign workers who have been in Canada for less than 3 years. Down payment of up to 15% may be required. Maximum financing term is 96 months with a maximum loan amount of $75,000. Note: for investor class permanent residents, there is no maximum loan amount. No credit history required on vehicles less than 10 years old, provided you meet all of the eligibility and credit criteria of Royal Bank of Canada.

Legal Disclaimer12)

Must be enrolled in RBC Online Banking or the RBC Mobile app and have either a Canadian RBC Royal Bank chequing or savings account. Some restrictions may apply. Cannot send funds from a US dollar account, the RBC High Interest eSavings account, or Foreign Currency Accounts.

Legal Disclaimer13)

Additional service fees by any intermediary and receiving bank may apply.

Legal Disclaimer14)

Additional service fees by any intermediary and receiving bank may apply. Additional service fees by any intermediary and receiving bank may apply. Must be enrolled in RBC Online Banking or the RBC Mobile app and have either a Canadian RBC Royal Bank chequing or savings account. Some restrictions may apply. Cannot send funds from a US dollar account, the RBC High Interest eSavings account, or Foreign Currency Accounts.

Legal Disclaimer15)

Currency conversion fees and service fees by an intermediary or receiving bank may apply. Individual limits may vary. Please refer to your RBC Online Banking or your RBC Mobile App.
Must be enrolled in RBC Online Banking or the RBC Mobile app and have either a Canadian RBC Royal Bank chequing or savings account. Some restrictions may apply. Cannot send funds from a US dollar account, the RBC High Interest e-Savings account, or Foreign Currency Accounts.