Why Canadians Love Our Accounts

Say goodbye to wire transfer fees and keep your U.S. cash in the bank until you need it.

U.S. Bank Accounts

U.S. Checking Accounts

Instantly move and exchange money1 between Canada and the U.S., deposit checks, pay bills and avoid foreign transaction fees. It's freedom and flexibility you just don't get with a Canadian U.S. dollar account.

Direct Checking

Enjoy convenience and value with easy access to your U.S. cash and no minimum balance.

10

Monthly Debits11

$1.00

Per Debit (Over 10)

$0

Monthly Fee13

  • Easily access your money through online or telephone banking
  • No RBC Bank fees to use any ATM2
  • Up to 2 ATM fees charged by other banks refunded per cycle, upon request3
  • No minimum balance ($50 deposit required to open)

Monthly fee with eStatements: $0 for 12 months13

Close $0 introductory monthly maintenance fee for 12 months. After the introductory period, a monthly fee of $3.95 USD with eStatements or $5.95 USD with paper statements will apply. Transaction limits apply
Premium Checking

Get unlimited transactions, a preferred foreign exchange rate and interest earned on your balance.

Unlimited

Monthly Debits

Preferred

Exchange Rate

$9.95

Monthly Fee

  • No RBC Bank fees to use any ATM2
  • Up to 4 ATM fees charged by other banks refunded per cycle, upon request3
  • No minimum balance ($50 deposit required to open)
  • Your first order of checks is on us
  • Free ID theft recovery service

Monthly fee with eStatements: $9.95

Annual fee with eStatements: $99.95

Premium Checking is $11.95 per month with paper statements. Or pay an annual fee of $119.95 with paper statements.

U.S. Savings Accounts

From earning interest, smoothing out exchange rate fluctuations to saving for a down payment on a U.S. property, a U.S. savings5 account is a great complement to your day-to-day banking.

Personal Savings

Set money aside for whatever the future holds—and enjoy easy access to cash and interest earned on your balance.

Instantly

Move Money1

$0 Fee

With $300 Balance

  • $100 minimum deposit to open
  • Automatically exchange and instantly transfer money for free between your RBC Bank (U.S.) and RBC Royal Bank™ (Canadian) accounts
  • Easily access your money through Online Banking or Telephone Banking
  • FDIC insured funds up to $250,000 per ownership category12

An RBC Bank checking account is required to open a Personal savings account

Preferred Money Market Savings

Earn our best interest rates! Easily access the money you’ve saved, move funds or write checks from this account.

$0 Fee

With $1,000 Balance

  • $1,000 minimum deposit to open
  • Automatically exchange and instantly transfer money for free between your RBC Bank (U.S.) and RBC Royal Bank™ (Canadian) accounts
  • Easily access your money through Online Banking or Telephone Banking
  • Use checks for your U.S. purchases
  • FDIC insured funds up to $250,000 per ownership category12

An RBC Bank checking account is required to open a Preferred Money Market savings account

Other Ways to Apply

Certificates of Deposit (CDs)15

Certificates of Deposit are similar to GICs in that they offer a secure, no-risk investment over a set term.

  • Competitive, fixed interest rates for the term of the CD
  • Guaranteed rate of return
  • Terms from six months to five years
  • Funds are FDIC insured up to $250,000 per ownership category12
Call 1-800-769-2553
to open an account

Shop, Get Easy Access to Cash with Visa Debit.

While Visa Debit is new to Canadians, it’s a mainstay of freedom and flexibility in the U.S. With your RBC Visa Debit card, you can get cash at any U.S. ATM2 (we'll never charge you a fee2,3), or at large retailers such as grocery stores. (Just ask for cash back when you pay.)

  • Use your card to make purchases online or over the phone—wherever Visa is accepted
  • Deposit U.S. currency and U.S. dollar checks at thousands of no-fee ATMs2 that accept deposits
  • Every RBC Visa Debit card comes with chip technology, offering enhanced fraud protection
  • You’re protected by Visa’s Zero Liability Policy10—there's no personal liability in the event of fraudulent use when you sign for purchases
  • Link your card to Visa Checkout and pay online or on the go from your mobile phone or tablet in one quick, secure step
  • Avoid foreign transaction fees (if you use your Canadian credit card in the U.S., you’ll typically pay up to 2.5% in foreign transaction fees on top of the purchase amount).

Still Not Sure?

See how U.S. and Canadian accounts stack up.

Compare

See How Easy It Is to Bank on Both Sides of The Border.

Whether you’re paying U.S. bills or depositing U.S. checks—you can do it all online—anytime, anywhere (including either side of the border).