A. PERSONAL DEPOSIT ACCOUNTS FEATURES, SERVICES AND FEES

An all-inclusive package with Monthly Fees waived on multiple Accounts. The RBC VIP Banking Account (known as the “VIP Operating Account”) allows you to choose up to two (2) additional Canadian dollar Accounts and one (1) U.S. dollar Account (each known as a “VIP Companion Account”) to a maximum of three (3) VIP Companion Accounts from the following Accounts:

All Account must be in the same geographic location or region.

RBC VIP Banking Features and Services

RBC VIP Banking Note on Free Drafts: The RBC VIP Banking Account entitles you to a certain number of free drafts. If you own more than one Account that gives you free drafts, only one set of free drafts related to one Account will be automatically applied. To ensure that you receive all the free drafts to which you are entitled, please communicate with us at the time you purchase a draft.

RBC VIP Banking Note on Credit Cards – Special Conditions on Rebates: As a sole or joint owner of an RBC VIP Banking Account and the primary cardholder of one of the eligible RBC Royal Bank credit cards listed below (each, an “Eligible VIP Credit Card”), the annual fee of that Eligible VIP Credit Card will be fully or partially rebated  (depending on the Eligible VIP Credit Card you choose), every year, as long as your Eligible VIP Credit Card remains in good standing and you remain an RBC VIP Banking Account owner. The co-applicant and/or authorized users annual fee will also be fully or partially rebated (depending on the Eligible VIP Credit Card you choose), every year, as long as your Eligible VIP Credit Card remains in good standing and you remain an RBC VIP Banking Account owner.

If you already have an RBC VIP Banking Account, the rebate will be applied at the time you open your Eligible VIP Credit Card. If you open your RBC VIP Banking Account after you have opened your Eligible VIP Credit Card, the rebate will be applied at your next annual renewal and won’t be applied retroactively. Only one credit card annual fee rebate per RBC VIP Banking Account is allowed, which means that if you own a joint RBC VIP Banking Account and each co-owner is also the primary cardholder of an Eligible VIP Credit Card, only the Primary Owner of the RBC VIP Banking Account will be entitled to the credit card annual fee rebate.

If you are the Primary Owner of a joint RBC VIP Banking Account and you are the primary cardholder of more than one Eligible VIP Credit Cards, only one Eligible VIP Credit Card will benefit from the rebate, chosen first by ownership match, then by the card with the highest standard annual fee. If you are the Primary Owner of more than one RBC VIP Banking Accounts and the primary cardholder of only one Eligible VIP Credit Card, only one annual fee rebate will apply to that Eligible VIP Credit Card.

Rebates that apply to Eligible VIP Credit Cards are listed in order of highest standard annual fee to lowest standard annual fee:

• Partial rebate of $120 for the primary cardholder and $50 for the co-applicant on the annual fee of the following Eligible VIP Credit Card:
  • RBC Avion^® Visa Infinite Privilege^‡
• Annual fee fully rebated for the primary cardholder and the additional cardholders (co-applicant and authorized users) on any of the following Eligible VIP Credit Cards:
  • RBC Visa Infinite^‡ Avion
  • RBC Visa Platinum Avion
  • RBC Rewards^® Visa Preferred
  • RBC U.S. Dollar Visa Gold
  • RBC British Airways Visa Infinite
  • RBC Cathay Pacific Visa Platinum
  • RBC Cash Back Preferred World Elite Mastercard^‡
  • WestJet RBC World Elite Mastercard

Eligible VIP Credit Cards are subject to credit approval. Royal Bank of Canada reserves the right to withdraw this offer at any time, even after acceptance by you.

Note: For information on automatic linking and privacy, please refer to Part 6: Automatic Linking and Privacy Rules, RBC VIP Banking.

Other Services with RBC VIP Banking

It is your responsibility to identify yourself as an RBC VIP Banking Operating account owner to benefit from these Services.

Banking Accounts Features and Services

¹Day to Day Banking Account and Registered Disability Savings Plan Rebate: Registered Disability Savings Plan (RDSP) beneficiaries are eligible to receive the Monthly Fee of the RBC Day to Day Banking Account fully rebated. Only one rebated RBC Day to Day Banking Account per RDSP beneficiary allowed. It is the responsibility of the RDSP beneficiary to inform us of their eligibility for the rebate. Proof of RDSP ownership must be provided and be satisfactory to us. The name of the beneficiary of the RDSP must match the name of the Primary Owner of the RBC Day to Day Banking Account before the rebate will be applied. Any Monthly Fees paid before eligibility has been confirmed will not be refunded.

²Debit Transactions in the Day to Day Banking and U.S. Personal Accounts: RBC Virtual Visa Debits, Third-party payments, RBC Royal Bank loan payments, RBC Royal Bank mortgage payments, pre-authorized and self-serve RBC Royal Bank credit card payments and contributions to RBC investment accounts (such as GICs, Royal Mutual Funds, Registered Savings Plans, Registered Education Savings Plans, Registered Disability Savings Plans and Tax-Free Savings Accounts) from your RBC Day to Day Banking Account or U.S. Personal Account are free of charge. All other Debit Transactions from these Accounts are counted as Debit Transactions towards the free monthly Debit Transactions included in the Account, and give rise to an Excess Debit Transaction Fee, if the total free monthly Debit Transactions are exceeded

³ There is a limit of 999 free Interac e-Transfer Transactions per month per account; for every Interac e-Transfer Transaction over the limit you will be charged $1.00

RBC Signature No Limit Banking Note on Credit Cards – Special Conditions on Rebates: As a sole or joint owner of an RBC Signature No Limit Banking (also referred to as “SNL”) Account and the primary cardholder of one of the eligible RBC Royal Bank credit cards listed below (each, an “Eligible SNL Credit Card”), the annual fee of that Eligible SNL Credit Card will be fully or partially rebated (depending on the Eligible SNL Credit Card you choose), every year, as long as your Eligible SNL Credit Card remains in good standing and you remain an SNL Account owner. Additional cardholders (co-applicant and authorized users) do not qualify for the annual fee rebate, even if they are also owners of an SNL Account.

If you already have an SNL Account, the rebate will be applied at the time you open your Eligible SNL Credit Card. If you open your SNL Account after you have opened your Eligible SNL Credit Card, the rebate will be applied at your next annual renewal and won’t be applied retroactively. Only one credit card annual fee rebate per SNL Account is allowed, which means that if you own a joint SNL Account and each co-owner is also the primary cardholder of an Eligible SNL Credit Cards, only the Primary Owner of the SNL Account will be entitled to the credit card annual fee rebate.

If you are the Primary Owner of a joint SNL Account and you are the primary cardholder of more than one Eligible SNL Credit Cards, only one Eligible SNL Credit Card will benefit from the rebate, chosen first by ownership match, then by the card with the highest standard annual fee. If you are the Primary Owner of more than one SNL Accounts and the primary cardholder of only one Eligible SNL Credit Card, only one annual fee rebate will apply to that Eligible SNL Credit Card.

Rebates that apply to Eligible SNL Credit Cards are listed in order of highest standard annual fee to lowest standard annual fee:

• Partial rebate of $35.00 for the primary cardholder on the annual fee of any of the following Eligible SNL Credit Cards:
• RBC Avion Visa Infinite Privilege
• RBC Visa Infinite Avion
• RBC Visa Platinum Avion
• RBC Rewards Visa Preferred
• RBC U.S. Dollar Visa Gold
• RBC British Airways Visa Infinite
• RBC Cathay Pacific Visa Platinum
• RBC Cash Back Preferred World Elite Mastercard
• WestJet RBC World Elite Mastercard
• Annual fee of $39.00 fully rebated for the primary cardholder of any of the following Eligible SNL Credit Cards:
• Signature^® RBC Rewards Visa
• WestJet RBC Mastercard

Eligible SNL Credit Cards are subject to credit approval. Royal Bank of Canada reserves the right to withdraw this offer at any time, even after acceptance by you.

Note: For information on automatic linking and privacy, please refer to Part 6: Automatic Linking and Privacy Rules, RBC Signature No Limit Banking.

Savings Accounts Features and Services

¹ Debit Transactions in Savings Accounts: RBC Virtual Visa Debits, RBC Royal Bank loan payments, RBC Royal Bank mortgage payments, pre-authorized or self-serve RBC Royal Bank credit card payments, contributions to RBC investment accounts (such as GICs, Royal Mutual Funds, Registered Savings Plans, Registered Education Savings Plans, Registered Disability Savings Plans and Tax-Free Savings Accounts) and electronic self-serve fund transfers from your savings Account to any Account in your name are free of charge. All other Debit Transactions from any Savings Account, are counted as Debit Transactions in the Account and give rise to an Excess Debit Transaction Fee, if any free monthly Debit Transaction is exceeded.

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• RBC Leo’s Young Savers Account^®
• RBC No Limit Banking for Students^®
• RBC Student Banking^®

Youth and Students Banking Accounts Features and Services

¹ Debit Transactions in RBC Leo’s Young Savers Account and RBC Student Banking Account: RBC Virtual Visa Debits, Third-party payments, RBC Royal Bank loan payments, RBC Royal Bank mortgage payments, pre-authorized and self-serve RBC Royal Bank credit card payments and contributions to RBC investment accounts (such as GICs, Royal Mutual Funds, Registered Savings Plans, Registered Education Savings Plans, Registered Disability Savings Plans and Tax-Free Savings Accounts) from the RBC Leo’s Young Savers Account or RBC Student Banking Account are free of charge. All other Debit Transactions from these Accounts are counted as Debit Transactions towards the free monthly Debit Transactions included in the Account, and give rise to an Excess Debit Transaction Fee, if the total free monthly Debit Transactions are exceeded.

² There is a limit of 999 free Interac e-Transfer Transactions per month per account; for every Interac e-Transfer Transaction over the limit you will be charged $1.00

RBC Leo’s Young Savers Account – Special Conditions: RBC Leo’s Young Savers Account is specially designed for youth. When you reach the age of 14, we will notify you and all Account owners in writing that we will be converting your RBC Leo’s Young Savers Account to a suitable Account that we will suggest based on your banking activity and holdings. You must contact us before the conversion date in the letter if you have another preference; if not, your RBC Leo’s Young Savers Account will be automatically converted after that date to the Account indicated.

NOTE: If you opened an RBC Leo’s Young Savers Account as a joint owner with a minor, you remain a joint owner and financially responsible for all activity on the Account even after it has been switched or converted. This includes any repayment of overdrawn balances, Overdraft Interest and Overdraft fees, no matter who created it.

Student Banking Accounts Note on Credit Cards – Special Conditions on Rebates: If you are a post secondary student and an owner or co-owner of an RBC Student Banking or RBC No Limit Banking for Students Account (each, an “Eligible Student Banking Account”) and the primary cardholder of one of the eligible RBC Royal Bank credit cards listed below (each, an “Eligible Student Credit Card”), the annual fee of your Eligible Student Credit Card, may be fully rebated, every year.

Rebates that apply to Eligible Student Credit Cards are listed in order of highest standard annual fee to lowest standard annual fee:

• Signature RBC Rewards Visa
• WestJet RBC Mastercard

For the annual fee of an Eligible Student Credit Card to be fully rebated, every year, you must:

1. complete the Student Information section of the credit card application form in full,
2. remain a student, and
3. be an owner or co-owner of an Eligible Student Banking Account throughout your studies.

The annual fee of your Eligible Student Credit Card will continue to be fully rebated:

1. until you close your Eligible Student Banking Account, or
2. until the Expected Graduation Year you have provided at the opening of your Eligible Student Banking Account, whichever comes first.

Thereafter, the annual fee will no longer be rebated.

If, for some reason, the Expected Graduation Year you have provided at the opening of your Eligible Student Banking Account differs from the one you have indicated on your credit card application form, the Expected Graduation Year you have provided at the opening of your Eligible Student Banking Account will prevail and be used for determining the expiry of this offer.

Additional cardholders (co-applicants and authorized users) do not qualify for the annual fee rebate even if they are also owners of an Eligible Student Banking Account. Only one credit card annual fee rebate per Eligible Student Banking Account is allowed, which means that if you own a joint Eligible Student Banking Account, and each co-owner is also the primary cardholder of an Eligible Student Credit Card, only the Primary Owner of the Eligible Student Banking Account will be entitled to the credit card annual fee rebate.

If you already have an Eligible Student Banking Account, the rebate will be applied at the time you open your Eligible Student Credit Card. If you open your Account after you have opened your Eligible Student Credit Card, the rebate will be applied at your next annual renewal and won’t be applied retroactively.

If you are the Primary Owner of a joint Eligible Student Banking Account and you are the primary cardholder of more than one Eligible Student Credit Cards, only one Eligible Student Credit Card will benefit from the rebate, chosen first by ownership match, then by the card with the highest standard annual fee. If you are the Primary Owner of more than one Eligible Student Banking Accounts and the primary cardholder of only one Eligible Student Credit Card, only one annual fee rebate will apply to that Eligible Student Credit Card.

Eligible Student Credit Cards are subject to credit approval. Royal Bank of Canada reserves the right to withdraw this offer at any time, even after acceptance by you.

Note: For information on automatic linking and privacy, please refer to Part 6: Automatic Linking and Privacy Rules, Student Banking Accounts.

Student Banking Accounts – Special Conditions:
Our Student Banking Accounts (RBC Student Banking and RBC No Limit Banking for Students) are available to you if you are enrolled full-time as a student. We do not require students under the age of 25 to provide proof of full-time enrollment, unless you are enrolled in the “National Program for Medical and Dental Students”, in which case proof of student status will be required.

When your student status expires at the graduation year you provided and we recorded, we will notify you in writing that we will be converting your Student Banking Account to a suitable Account that we will suggest based on your banking activity and holdings. You must contact us before the conversion date in the letter if you have another preference; if we do not hear from you, your Student Banking Account will be automatically converted after that date to the Account indicated.

NOTE: If you were a joint owner of a Student Banking Account with a minor, you remain a joint owner and financially responsible for all activity in the Account even after it has been switched or converted. This includes any repayment of overdrawn balances, Overdraft Interest and Overdraft fees, no matter who created it.