Why Canadians love Our U.S. Accounts

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

  • So Long, Drafts and Wires!
    Transfer money between your Canadian and U.S. RBC accounts instantly and for free1 using RBC Online Banking or the RBC Mobile app.
  • Pay U.S. Bills in U.S. Dollars
    Pay for rental, utility and department store bills even when you’re in Canada. No more tricky conversions or complicated steps with a U.S. bank account
  • Stop Packing a Stack of Cash
    Get cash at over 50,000 no-fee2 ATMs across the U.S.

  • Take Your Account With You
    In Florida one year, Arizona the next? Choose us, and you’ll never have to change banks.

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.

Convenience and value, easy access to cash

Direct Checking

  • Easily access your money through online or telephone banking

Two convenient options:

Get 12 months for
the price of 10

Annual fee with eStatements:
$39.50

Pay month-to-month

Monthly fee with eStatements:
$3.95

Close $59.50 per year with paper statements.
Close $5.95 per month with paper statements.

Preferred FX rates + unlimited transactions

Premium Checking

  • Unlimited transactions
  • Preferred foreign exchange rate
  • Your first order of checks is on us
  • Get cash at over 50,000 no-fee2 ATMs across the U.S.
  • Easily access your money through online or telephone banking
  • No minimum balance ($50 deposit required to open)
  • Free ID theft recovery service

Two convenient options:

Get 12 months for
the price of 10

Annual fee with eStatements:
$99.95

Pay month-to-month

Monthly fee with eStatements:
$9.95

Close $119.95 per year with paper statements.
Close $11.95 per month 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. savings account is a great complement to your day-to-day banking.

Easy access to cash, interest earned

Personal Savings5

  • $0 monthly fee with $300 balance
  • $100 minimum deposit to open
  • FDIC insured funds up to $250,000 per ownership category12
  • Automatically exchange and instantly transfer money for free1 between your RBC Bank (U.S.) and RBC Royal Bank (Canadian) accounts
  • Easily access your money through online or telephone banking

Earn our best interest rates

Preferred Money Market Savings5

  • Unlimited deposits and up to 6 debit transactions/month16
  • $0 monthly fee with $1,000 balance
  • $1,000 minimum deposit to open
  • FDIC insured funds up to $250,000 per ownership category12
  • Easily access your money through online or telephone banking
  • Use checks for your U.S. purchases

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 enjoy free2 access to over 50,000 no-fee ATMs across the U.S! Find Allpoint ATMs in popular retailers such as Target, Walgreens, and CVS Pharmacy.

  • 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).