Account (CA)
How to start banking with RBC Bank?
RBC is the Royal Bank of Canada, one of the oldest and largest banks in the world. Learn how to start banking with it and get all the benefits you deserve to grow your money!
RBC Bank: many products with low fees and a marvelous reward program!
RBC Bank offers many products and services, including chequing, savings accounts, credit cards, mortgages, insurance, loans for various purposes, investments, and more.
Also, it features tools and support to help you with your financial decisions.
The best thing about its products is that even though it charges some fees, they are low and the rates are competitive.
Moreover, it provides rewards that can be redeemed to rebate fees. Plus, into cash or travel points.
The accounts require no minimum balance and the savings require no minimum deposits.
So, check out how to start banking with this trustworthy institution.
Apply for the account
Access the RBC Bank website and select the Accounts tab. You can use the tool and calculator to help you find the proper account for you.
Then, click on the account you have chosen and Open Account bottom.
After that, fill in the forms with your personal and contact information.
Also, you can call them: 1-800-769-2561.
Submit the forms and wait for the approval.
You will be redirected to another website
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
Apply for the credit cards
You can also apply for a credit card. RBC offers many types of cards for different purposes. Access the website at https://www.rbcroyalbank.com/ and select the Credit Cards tab.
Then, choose the card that fits your needs. You can use the filters to help you with that.
After that, click on Apply Now. And fill in the forms with your personal and contact information.
RBC Bank vs. Scotiabank
Both banks are big enough to assure security and confidence. Even though Scotia offers customized financial products and services, RBC Bank features some accounts with no monthly fees. Check out the comparison table below!
RBC Bank | Scotiabank | |
Financial products and services offered | Accounts: Chequing, Savings, Youth & Student Banking; Credit Cards; Mortgages; Insurance; Loans: Personal, Car loans & Vehicle; Investments: TFSA, RRSP, RESP, GICs, Mutual funds, ETFs, Stocks and Bonds. | Accounts: chequing, savings, Senior, Student, Newcomers; Credit cards; Mortgages; Loans and Lines of credit; Investments; Insurance; Customized banking solutions for Indigenous peoples, Senior, Newcomers, Hockey unites communities, Students, and more |
Fees | From $0 to $30 monthly fee for the accounts | It charges monthly fees for accounts and annual fees for credit cards |
Minimum balance | Most of accounts available don’t require minimum balance | It requires a minimum balance for some types of accounts so the fees are waived, as terms and conditions apply |
How to start banking with Scotiabank?
Get all you need from a financial institution with Scotiabank! Learn how to start banking with it!
About the author / Aline Augusto
Reviewed by / Aline Barbosa
Senior Editor
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