The RBC VIP Banking Account is a good deal for customers who carry out specialty transactions or want unlimited access to several of RBC\u2018s services. This account includes:<\/p>
While the RBC VIP Banking Account comes with tons of benefits, it won\u2019t be the right fit for everyone. Make sure to keep an eye out for the following drawbacks:<\/p>
The RBC VIP Banking Account charges a monthly fee of $30, which adds up to $360 per year. This is a relatively high fee for a bank account, which is why it\u2019s best to make sure that you\u2019ll be able to use all of its perks before you sign up. That said, most transactions and bank services are free when carried out with this account. And you can get this, which helps offset those fees: Get a new Apple Watch. Plus, get Apple Music and Apple Fitness+ at no cost for 3 months with your new Apple Watch. T&Cs apply. Valid until June 1, 2026.<\/b><\/p>
One of the main and most enticing features of this account is that you won\u2019t pay any RBC fees at ATM withdrawals at automated bank machine across the country. This includes ATMs that aren\u2019t even on the RBC ATM-network. Just keep in mind that you may still need to pay ATM fees to the provider of the bank machine to be able to use it. (FYI\u2014An ATM operator surcharge, also called convenience fee, may be charged by other ATM operators. The convenience fee is not a Royal Bank fee. It is added directly to the amount of your cash withdrawal. All clients who use non-RBC ATMs may be charged a convenience fee regardless of the type of account they hold.)<\/p>
To apply for an RBC VIP Banking Account, you need to meet the following criteria:<\/p>