RBC Royal Bank · Chequing
$16.95 a month with unlimited transactions.
Fees and rates verified 2026-08-19Published fee scheduleWe earn nothing from any institution hereHow we research
What it costs
- Monthly fee
- $16.95
- How the waiver works
- No minimum-balance waiver published. Falls to as low as $4/month with the RBC Value Program rebate; $12.95 for clients 65+.
- NSF fee
- $10.00
- Overdraft protection, monthly
- $5.00
What is included
- Transactions each month
- Unlimited transactions
- Interac e-Transfers
- Included with no separate fee
- ATM network
- RBC, Interac, PLUS
- ATM outside the network
- $3.00
Who can open it
- Senior discount
- $4.00 a month
Current offer
- What it requires
- Apple 11-inch iPad Wi-Fi 128GB (no dollar value published by RBC) when you open by November 2, 2026, complete at least two qualifying activities within 90 days, and keep the account open and active through November 2, 2027
Deposit protection
- Insured by
- CDIC
Where these figures come from
- Figures checked on
- August 19, 2026
- Source page
- www.rbcroyalbank.com
- Fees and terms
- Published fee schedule
Notes
Mid-tier unlimited account that adds a free book of cheques and 6 free bank drafts a year plus a credit card annual fee rebate of up to $48.
Where the institution contradicts itself
Account page quotes '$3 each' for non-RBC ATMs in Canada/US; the disclosure booklet lists Interac Access Fee $2.00 ea. and PLUS Access Fee $3.00 ea. Recorded the conservative $3.00.
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Where this came from. Every figure on this page is taken from the institution’s own page or its published fee schedule, never from another comparison site, and a field is left blank rather than guessed at. Rates and fees change without notice, so confirm with the institution before opening anything. We receive no payment from any institution listed here.