What is a Chequing Account?

A chequing account, also known as a transaction account, is an account you use for your everyday transactions, such as withdrawing money from an ATM, depositing paycheques, paying bills, and making one-time purchases with a debit card. You can access your chequing account at an ATM, in a branch, or online on the bank website or mobile applegal disclaimer 27.

Our Chequing Accounts

We offer a variety of chequing accounts in Canada, and knowing more about you can help us suggest the chequing account that’s right for you. Choose the button that best describes what you’re looking for.

RBC Signature No Limit Banking

Unlimited Debits & Even More

RBC Day to Day Banking

The Essentials

  • 12 debits / month, $1.25 each thereafter
  • Unlimited public transit purchases with no debit transaction fee6
  • Optional overdraft protection3

RBC Advantage Banking

Unlimited Debits & More

  • Unlimited debit transactions in Canada
  • No RBC fee to use another bank’s ATM in Canada7

$0 / mo

$0 / mo

for 1 year

RBC Signature No Limit Banking

Unlimited Debits & Even More

RBC VIP Banking

All-Inclusive Banking

  • Up to $120 credit card annual fee rebate11
  • 3 additional personal accounts fee waived12
  • Unlimited debit transactions worldwide13
  • $22.50 with the Seniors Rebate2
$30 /mo

or

or

U.S. Personal Banking

Banking in the U.S. Made Easier

RBC Signature No Limit Banking

Unlimited Debits & Even More

$16.95 /mo

or

or

RBC Signature No Limit BankingView More Account Benefits

RBC Day to Day Banking

The Essentials

  • 12 debits / month, $1.25 each thereafter
  • Unlimited public transit purchases with no debit transaction fees6
  • Optional overdraft protection3
$4 /mo

or

or

RBC Day to Day Banking View More Account Benefits

RBC Advantage Banking

Unlimited Debits & More

  • Unlimited debit transactions in Canada
  • No RBC fee to use another bank’s ATM in Canada7

$0 / mo

$0 / mo

for 1 year

$11.95 /mo

or

or

RBC Advantage BankingView More Account Benefits

RBC Signature No Limit Banking

Unlimited Debits & Even More

$16.95 /mo

or

or

RBC Signature No Limit BankingView More Account Benefits

RBC VIP Banking

All-Inclusive Banking

  • Up to $120 credit card annual fee rebate11
  • 3 additional personal accounts fee waived12
  • Unlimited debit transactions worldwide13
  • $22.50 with the Seniors Rebate2
$30 /mo

or

or

RBC VIP BankingView More Account Benefits

U.S. Personal Banking

Banking in the U.S. Made Easier

$3 USD /mo
U.S. Personal Banking View More Account Benefits

Right Account Guarantee

If you're not 100% satisfied within the first 4 months, we'll refund up to 3 months of monthly fees.legal disclaimer 16 That's our Right Account Guarantee.

CDIC Logo

Security Guarantee

Trust your money is safe. Your account is CDIC-insured for up to $100,000 and protected against unauthorized transactions with our Security Guarantee.legal disclaimer 17

RBC Vantage

Unlock More From Your Everyday Banking

With RBC Vantage, you can unlock rewards, savings, insights and more with any eligible bank account. legal disclaimer 18 Only at RBC.

RBC Vantage Chevron
RBC Vantage

Unlock More From Your Everyday Banking

With RBC Vantage, you can unlock rewards, savings, insights and more with any eligible bank account. legal disclaimer 18 Only at RBC.

Get more from your everyday banking

Get more from your everyday banking

RBC

RBC Offers

Offers from the brands you love

Load available offers to your eligible RBC debit card and get rewarded with personalized offers from popular brands.legal disclaimer 23

Vantage Snapshot

Keep track of the benefits you get with an eligible RBC bank account using the RBC Mobile app.legal disclaimer 21

Keep track of the benefits you get with an eligible RBC bank account using the RBC Mobile app.legal disclaimer 21

Screenshot of Vantage snapshot Screenshot of Vantage snapshot

Stay on top of your money

Providing a rolling forecast of your payments & deposits for the next 7 days, NOMI helps you stay on top of your money.

Screenshot of NOMI, budget function

Stay on top of your money

Providing a rolling forecast of your payments & deposits for the next 7 days, NOMI helps you stay on top of your money.

Screenshot of NOMI, budget function

Top Chequing Account Questions

Top Chequing Account Questions