Fees
No RBC fee to use other Banks' ATMs
What is the fee to use other Banks' ATMs?
Available via the Account Open Tool
Where can you open the new RBC Advantage Banking account?
Joint AND and Joint accounts with 3 or more owners are NOT eligible for the Value Program.
What type of account is not eligible for Value Program?
Personal Investment Account, Personal Credit Card.
What is an existing category for rebate?
Unlimited Debit transactions in Canada.
What does the RBC Advantage Account include in debit transactions?
RBC Rewards points earned on an account from debit purchases can be managed from the RBCRewards.com site and mobile app.
Where can clients go to redeem/check their rewards points?
Earn 1 RBC Rewards point for every $5 spent at Point of Sale. Up to a maximum 300 points/calendar month.
What is the reward for eligible account + 2 qualifying product categories?
What is maximum # of points for RBC Bank account + 3 eligible categories?
$11.95/month
What is the fee for the RBC Advantage Banking account?
The old accounts will be grandfathered and no longer offered after launch of the Advantage Account.
What happens to clients with existing No Limit or Student accounts?
Whenever they use their debit card for purchases at Point of Sale or by using their Virtual Visa Debit card online
How can clients earn RBC Rewards points by opting in to the Value Program?
In the Value Program the rebate with 3 or more product categories is up to $11.95 per month, the full cost of the Advantage Account
What is the maximum rebate you can get ?
Up to $6.00/month fee rebate or maximum of your account fee if less than $6.00
What is the rebate for an eligible account + 2 qualifying product categories?
RBC Staff Banking, High Interest E-Savings, Signature No Limit, Day to Day Banking, etc.
What accounts are eligible to opt in and participate in the Value Program.
Direct Deposit, Bill Payment, PAP
What are the 3 monthly activities that clients will have to do 2 of to get their monthly rebate?
Small Business Relationship
What is a new product category being added for the first time?
This new line up will shift from six to four accounts.
What is Simplified Account Line up
Shauna is excited to start University soon. She will be living on campus and using her Debit card to make most of her purchases and doesn't want to be tied to limited number of transactions. What account do you recommend?
What is RBC Advantage Banking?
Innovating on MultiProduct Rebate. Earn RBC Rewards Points for shopping with Debit. More ways to unlock monthly fee rebates with deeper client relationships.
What is the New Value Program?
RBC Mortgage or Homeline Plan ($0 balance)
What is an improved product category?