Frequently Asked Questions

Credit cards are important for things like making hotel reservations, car rentals, or online purchases. They’re convenient and secure, and help give you the freedom to manage your finances, cover unexpected emergencies and also take advantage of rewards and special insurances. They’re also an easy way to establish a credit history!

Use our credit card selector to find a card that's right for you and apply online in just a few easy steps. You can also call 1-800-769-2512 to speak with a representative that will be happy to help you.

A credit limit is the maximum amount available for you to make purchases and cash advances with your card. You can find your credit limit on your account statement, or under account details in RBC Online Banking or the RBC Mobile app.

You can find your credit limit on your account statement, or under account details in RBC Online Banking or the RBC Mobile app.

There are 3 ways to request a change to the credit limit on your card:

1. Sign into RBC Online Banking and select your RBC credit card. On the right side of the page, select Change credit limit and follow the instructions
2. Call us at 1-800-769-2512
3. Visit your local branch

Your credit limit is based on your credit history and your income. If you’d like to change the limit on your RBC credit card, you can request a change.

That depends on the card you choose. Some of our cards offer more benefits with an annual fee, while others have no annual fee at all. Browse our no annual fee cards or use our card selector to help narrow down the benefits that are most important to you.

Absolutely! In fact, regularly using a credit card – and making payments on time – is one of the easiest ways to develop a good credit history. This will help you qualify for a loan or mortgage in the future, and will also boost your credibility when applying for insurances and financial products. Simply choose a credit card that fits your needs and then apply online in just a few easy steps.

Your RBC credit card has an interest free grace period where you won’t incur any interest charges on purchases. If you pay your balance in full before or on your statement due date - you’ll avoid any interest charges.

If you don’t pay your statement balance in full by the due date, the remaining balance as well as any future purchases will be charged interest daily, until the next time you pay your balance in full. If you have any questions regarding the interest charges on your credit card, please call us at 1-800-769-2512, or refer to the RBC Credit Card Agreement.

Note: The grace period does not apply to cash advances, these incur interest charges right away.

Purchase and Cash Advance interest rates vary according to the type of RBC credit card you have. To easily compare, take a look at a complete list of RBC credit card standard interest rates.

Whether you’re applying for a new credit card, renting an apartment or taking out a mortgage, your credit score is a good indicator of whether you can pay off the amounts you borrow. It’s important to help you get loans, mortgages, and even credit cards.

Simply put, your credit score shows your ability to borrow money and repay it responsibly. It’s a three-digit number that’s often reviewed by banks, credit card companies and lenders to determine how much money they’re willing to lend to you, and at what rate. It looks at important elements of your credit report, like payment and credit history, the amount of credit you use, and any debt you carry to indicate how likely you are to pay off any money you borrow. Using credit is important for your credit score. Learn how to use your credit card to build or improve your credit score.