RBC Day to Day Banking Account

A low-volume RBC chequing account with a $4 normal fee and a conditional Value Program rebate.

Normal monthly fee$4

Transactions12 monthly

Interac e-Transfers999 monthly

InterestSee details

Institution: RBC
Official website: https://www.rbcroyalbank.com/bank-accounts/chequing-accounts/day-to-day-banking.html ↗

Overview

The standard monthly price remains $4 when comparing products. Value Program reductions are a rebate path, not the account's normal fee.

Features and access

Monthly cost and transactions

Normal monthly fee: $4The normal fee is $4.00; the generally available Value Program can rebate it when its conditions are met.
Transactions: 12 monthlyTwelve debit transactions are included monthly; specified excluded transaction types do not consume the allowance.

Transfers

Interac e-Transfers: 999 monthlyRBC markets transfers as unlimited while its legal disclosure sets 999 free transfers per month.

Card and payments

Payment card: YesRBC Client Card and Virtual Visa Debit access are supported.

ATM and branch access

ATM access: YesRBC and PLUS-system ATM access is available; non-RBC charges can apply.
Branch access: YesRBC branch service is available.

Cheques and ownership

Cheque support: YesPersonalized cheques are available for a fee.
Joint account: UnknownJoint-account support was not established by the reviewed product material.

Interest

Interest rate: See detailsThe reviewed material does not establish an account interest rate.

Deposit protection

Eligible deposits are held directly at Royal Bank of Canada; a CDIC member; subject to CDIC limits and categories.