What is the RBC monthly fee?
What is the RBC monthly fee?
How it Works
| Account Type | Standard Monthly Fee | Monthly Fee AFTER cash back: |
|---|---|---|
| RBC No Limit Banking® | $10.95 | $5.95 (save $60/year) OR $0 for Seniors 65+ (save $131.40/ year) |
| RBC No Limit Banking | $10.95 | $0 (save $131.40/year) |
| RBC Signature No Limit Banking® | $15.95 | $9.95 (save $ 72/year) |
| RBC VIP Banking® | $30.00 | $19.95 (save $120.60/year) |
How do I avoid monthly fees RBC?
Bundle your banking products RBC No Limit Banking, for example, carries a monthly fee of $10.95 which can be waived if you also have an active credit card, investment, and mortgage with the bank. That’s a big ask for a savings of $131 per year – especially the mortgage requirement.
How much does an RBC chequing account cost?
A Guide to RBC Royal Bank Chequing Accounts
| RBC Day to Day Banking | RBC No Limit Banking | |
|---|---|---|
| Monthly fee | $4 | $10.95 |
| Monthly fee after multiple product rebate | $0 | $0 or $5.95 |
| Monthly fee after senior rebate (65 and older) | $0 | $6.95 |
| No. of free debits/month | 12; $1 thereafter | Unlimited |
Does RBC have monthly fees for students?
Your Top Questions Answered. Is RBC Advantage Banking account for students free? Full-time studentslegal bug 3, including students as young as age 13, can open an RBC Advantage Banking account for studentslegal bug 1 and enjoy unlimited debits in Canada and other great benefits for no monthly fee.
What do I need to open a bank account at RBC?
Account Opening Requirements:
- Two (2) forms of valid ID such as Passport, Driver’s License or Voter’s Registration Card.
- Proof of residential address (e.g. utility bill)
- Valid permit (if applicable)
Which bank accounts are free?
NerdWallet’s Best Free Checking Accounts
- Capital One 360 Checking.
- Chime Spending Account.
- Alliant Credit Union High-Rate Checking.
- Axos Bank® Rewards Checking.
- Discover Bank Cashback Debit.
- Varo Bank Account.
- Ally Bank Interest Checking Account.
- Bank5 Connect High Interest Checking.
Is RBC giving away ipads?
There are two all-inclusive accounts eligible for this offer — the RBC Signature No Limit Banking Account or the RBC VIP Banking Account. Simply open an account by December 18, then complete any two of the following steps by February 15, 2021 to qualify for the free iPad: Set up your payroll as a direct deposit.
Is RBC VIP Banking worth it?
If you’re in the market for a premium chequing account with a number of complimentary features and add-ons, RBC VIP Banking might be worth a look. While expensive with a $30 monthly fee, this account has enough perks and benefits that it could pay for itself if you’re able to take full advantage of everything on offer.
Is RBC good for students?
About RBC: The Royal Bank of Canada (RBC) is the second bank to open its doors in Canada. Why We Love It: The RBC Student Banking Account comes with $60 when a student like you opens an account. It also comes with 25 free transactions each month, unlimited Interac e-transfers, and access to over 4,600 ATMs.
Is RBC a good bank?
Although it was a tough fight, RBC comes out on top because it offers slightly better regular GIC rates and its best high-interest savings account doesn’t have a tiered rate.