RBC new account offers and promotions

We’ve rounded up the latest and best RBC new account offers here so you can easily compare promotions and get the best deal for you. In the past, we saw a free RBC iPad offer, free Apple Watch offer and bonus cash offers — often worth hundreds of dollars — for opening an eligible RBC chequing account.

Check out the list of current RBC promotions on offer below (plus the free iPad offer), and compare with other Canadian bank offerings.

All RBC new account offers and promotions on now

We've gathered together the latest RBC promotions and offers available now so you can easily browse through the current RBC promos and compare deals.

Related: Compare RBC chequing accounts

How to qualify for the RBC new account offer

Open an RBC Signature No Limit Banking Account to get up to $600. T&Cs apply. Valid until March 1, 2027

Receive $500 when you open a new RBC Signature No Limit Banking account by 9 PM ET on March 1, 2027. You must also complete two of the following three qualifying actions by 9PM ET on May 10, 2027:

(1) Transfer the full amount of your automated recurring payroll or monthly recurring pension direct deposit to the account. (2) Set up two pre-authorized monthly payments from the account. (3) Set up two eligible bill payments to a service provider from the account using RBC Online Banking, the RBC Mobile app, an ATM or telephone banking.

You must then keep the account open and in good standing, while maintaining the qualifying actions (i.e. direct deposit, bill payment or pre-authorized payment) in effect, until at least March 1, 2027 to qualify.

Receive a $100 anniversary bonus when you fulfill the qualifying criteria above and keep your account open and in good standing for a minimum of 13 months after opening your account.

T&Cs apply.Open an RBC VIP Banking Account and get up to $600. T&Cs apply. Valid until March 1, 2027

To qualify for the offer, you must not currently have an RBC Personal Banking Account, and you must open a new RBC VIP Banking Account by 9 PM ET on March 1, 2027. Then, within 90 days of opening the account, you must set up your full payroll or pension as a direct deposit, set up two pre-authorized monthly payments or make two eligible bill payments using RBC Online Banking, the RBC Mobile app, an ATM or telephone banking.

The account must then stay open and in good standing, with all qualifying actions staying in effect, until at least March 1, 2027. Other T&Cs apply.

RBC newcomer offers available now

If you’re a newcomer to Canada, RBC offers services and promotions to help you get started on your new Canadian financial journey.

You can explore more banking plans designed for newcomers to Canada in our full guide here.

Is it worth switching banks for a RBC new account offer or promotion?

That depends on your current finances and financial goals. Being one of Canada’s Big Five banks, RBC has a lot to offer in terms of features and financial products.

Whether you’re looking for a chequing account, long-term savings accounts, credit cards, investment options, personal financing, a car loan or a mortgage, RBC offers it all. You’ll almost always find RBC promotions on offer for various accounts. RBC has 17 million clients worldwide and is the biggest bank in Canada by market share, and second largest by assets, as of 2020.

That said, consider the fees and features of any bank account before signing up to ensure you’re getting the right value for your money. For example, if you’re looking for a simple, no-fuss chequing account, instead of opting for one of RBC’s offers, you may be better off signing up for a chequing account from one of Canada’s digital banks – like Simplii or Tangerine – which tend to offer no-fee accounts with unlimited monthly transactions.

RBC promotions vs. other Canadian bank offers on now

Although the RBC iPad offer is unique to RBC, other Canadian banks and credit unions are offering competitive promotions right now. Here are some other options you can use to compare with RBC offers:

You can explore more options from the Big Five banks, digital banks, credit unions and prepaid cards in our full guide to the best bank promotions in Canada.

Frequently asked questions about RBC promotions and offers

• Which Apple Watch was RBC giving in 2025?

  During the 2025 RBC Apple Watch offer, RBC gave away a new Apple Watch Series 10 GPS for free to eligible new customers.

• Which iPad was RBC giving in 2024?

  During the 2024 free iPad offer, RBC was giving away a 10th Generation Apple iPad (10.9-inch, 64GB, Wi-Fi). Customers could choose between one of four different colours for your free iPad: silver, blue, yellow or pink.

• How do I check my RBC offers?

  You can find the RBC offers available to you by logging in to RBC Online Banking on a web browser and clicking the "Offers for You" link in the top menu. If you're on the RBC Mobile app, log in and navigate to the bottom of the Account Summary page to see your offers.

• How do I get my bonus offer from RBC?

  The RBC offer terms and conditions may change depending on the promotion, but you'll typically need to fulfill a few basic requirements to get your bonus offer from RBC:

  • Open an eligible RBC account
  • Deposit money into that account
  • Set up your account for one or more recurring activities (e.g. direct deposits, bill payments or Visa Debits)

  Once you've completed the requirements of the RBC deal before the set deadlines, RBC will give you the bonus offer or fulfill its end of the promotion.

• What does RBC offer?

  RBC offers a full suite of banking products including chequing accounts, savings accounts, credit cards, mortgages, car loans, personal loans, lines of credit, student loans, investment management and more. RBC also frequently offers promotions for new customers when they sign up for an account. Compare all RBC promotions currently on offer here.