Offers
Welcome Bonus
New RBC clients who open an RBC VIP Banking account can receive a welcome bonus of an Apple Watch (worth $549). To qualify:
- Open an eligible RBC bank account by June 2, 2025
- Set up and complete two of the following qualifying criteria by 9:00 PM Eastern Time on August 11, 2025:
- Your payroll or pension as a direct deposit
- Two pre-authorized monthly payments (PAPs)
- Two eligible bill payments to a service provider
- Within 10 business days of meeting the qualifying criteria, you will receive an email with a secure link to confirm your reward and enter your delivery address.
Account Features
The RBC Signature No Limit Banking account offers unlimited debit and unlimited Interac e-Transfer transactions. This account also offers 3 non-RBC ATM fees waived per month for the account holder.
Account holders are also eligible to receive 5 free cross-border debit transactions per month. Note that you will still be charged the 2.5% foreign exchange fee on these transactions.
RBC Signature No Limit account holders can receive up to a $48 annual fee rebate on an eligible RBC credit card annually. Eligible cards and the amount that will be rebated include:
- RBC Ion+ Visa: $4 per month rebate, up to $48 total
- WestJet RBC Mastercard or RBC Signature Rewards Visa: $39 rebate
- RBC Avion Visa Infinite Privilege, RBC Avion Visa Infinite, RBC Avion Visa Platinum, RBC Rewards Visa Preferred, RBC U.S. Dollar Visa Gold, RBC British Airways Visa Infinite, RBC Cash Back Preferred World Elite Mastercard, or WestJet RBC World Elite Mastercard: $35 rebate
- RBC Visa Cash Back card: $19 rebate
Account holders can receive 1 book of personalized cheques at no cost (100 singles or 50 duplicates), afterwards, fees apply. They are also eligible to receive six free bank drafts per year.
The overdraft protection fee is also waived for the RBC Signature No Limit banking account.
Fees
Monthly Fees
The RBC Signature No Limit Banking account has a monthly fee of $16.95, which cannot be waived by holding a minimum balance in the chequing account. The monthly fee can be reduced to $5.00 with the Value Program Rebate.