{"id":819988,"date":"2019-12-02T13:30:28","date_gmt":"2019-12-02T18:30:28","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=819988"},"modified":"2026-10-31T15:09:38","modified_gmt":"2026-10-31T19:09:38","slug":"rbc-chequing","status":"publish","type":"page","link":"https:\/\/www.finder.com\/ca\/chequing-accounts\/rbc-chequing","title":{"rendered":"Compare RBC chequing account options"},"content":{"rendered":"

RBC Royal Bank is one of the largest banks in Canada, serving millions of clients across the country. Looking to open an RBC chequing account for everyday banking? Here\u2019s what you need to know about the range of RBC chequing accounts, including their fees, features and how to apply.<\/p>

Compare RBC chequing accounts<\/h3>
Chequing account<\/th>Monthly fee<\/th>Fee waiver or discount<\/th>Free monthly transactions<\/th>Interac e-Transfers<\/th>ATM fees<\/th><\/tr><\/thead>
RBC Day to Day Banking Account<\/b><\/td>$0 or $4<\/td>Free for seniors (65+), Indigenous Peoples and Value Program members<\/td>12\/month ($1.25 thereafter)<\/td>Free<\/td>
  • Using a PLUS System ATM in Canada or the US: $3<\/li>
  • Using a PLUS System ATM outside Canada or the US: $5<\/li><\/ul><\/td><\/tr>
RBC Advantage Banking Account<\/b><\/td>$0\u2013$12.95<\/td>
  • Free for students, youth under 24, newcomers (for one year)<\/li>
  • $0\u2013$6.95 with the Value Program<\/li>
  • $8.95 for seniors<\/li><\/ul><\/td>
unlimited<\/td>Free<\/td>No RBC fee to use any ATM in Canada<\/td><\/tr>
RBC Signature No Limit Banking Account<\/b><\/td>$4\u2013$16.95<\/td>
  • $4\u2013$10.95 with the Value Program<\/li>
  • $12.95 for seniors<\/li><\/ul><\/td>
unlimited<\/td>Free<\/td>
  • 3 non-RBC ATM fees waived per month<\/li>
  • $2 thereafter<\/li><\/ul><\/td><\/tr>
RBC VIP Banking Account<\/strong><\/td>$17.05\u2013$30
<\/b><\/td>
  • $17.05\u2013$24 with the Value Program<\/li>
  • $22.50 for seniors<\/li><\/ul><\/td>
unlimited<\/td>Free<\/td>No RBC fee to use any PLUS System ATM<\/td><\/tr><\/tbody><\/table>

What is the RBC Value Program?<\/h4>

The RBC Value Program is a benefits program that rewards you for using multiple RBC products. With this program, you can earn Avion points and save on monthly fees, but only if you link eligible RBC products to your chequing account from at least two of these categories:<\/p>

  • Personal credit cards<\/li>
  • Personal investments<\/li>
  • Residential mortgages<\/li>
  • Small business accounts<\/li><\/ul>

    The more RBC products you link with your chequing account, the more points you can earn and the lower your monthly fee will be.<\/p>

    You also have to complete two out of these three transactions each month to lower your monthly account fee:<\/p>

    • Pre-authorized payment<\/li>
    • Direct deposit<\/li>
    • Eligible bill payment<\/li><\/ul>
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