LIMITED TIME OFFER
Get up to $5,700 in value with an eligible RBC mortgage.Legal Disclaimer footnote*,Legal Disclaimer footnote‡
Offer expires June 30, 2025. Conditions apply.
LIMITED TIME OFFER
Get up to $5,700 in value with an eligible RBC mortgage.Legal Disclaimer footnote*,Legal Disclaimer footnote‡
Flexible mortgage options designed for your life.
Whether switching your mortgage, buying your next home, or purchasing for the first time, today’s environment calls for homeownership solutions that meet your current and future needs. At RBC, our flexible terms and customizable payment options mean you can find a mortgage that can help meet your needs at every step of your life journey. We offer competitive mortgage rates and personalized advice.
Up to $3,500 cash bonuslegal bug *,legal bug ‡
Boost your bank account with up to a $3,500 cash bonus. Because every dollar counts.
55,000 Avion pointslegal bug *,legal bug ‡
With 55,000 Avion points, you can pay bills, shop your favourite merchants, or save even more—that’s up to $1,100 in value.legal bug 2,legal bug 5
PLUS, when you transfer your mortgage to RBC, you can get up to $1,100 in covered switch fees!legal bug 7
Did you know there may be fees to switch your mortgage from another lender? At RBC, we cover up to $1,100 in switch fees on your eligible mortgage and help take care of the transfer process for you—so switching couldn’t be easier.
How It Works
| Value of the Eligible Mortgage |
Cash Deposited in Your RBC Bank Accountlegal bug 1 |
Cash Deposited in Your RBC Bank Accountlegal bug 4 |
|---|---|---|
| $100,000 - $299,999.99 | $500 | $- |
| $300,000 - $499,999.99 | $1,000 | $500 |
| $500,000 - $749,999.99 | $1,500 | $1,000 |
| $750,000 - $999,999.99 | $3,000 | $2,500 |
| $1,000,000+ | $3,500 | $3,500 |
How to Get this Offer
Apply for an eligible RBC mortgage by June 30, 2025.Disclaimer1,Disclaimer4
Complete the following by October 28, 2025:Disclaimer2,Disclaimer5
- Fund your mortgage.
- Have or open an eligible RBC bank account and enrol in the RBC Value Program.
Make a mortgage payment from an eligible RBC bank account by November 27, 2025.
We’ll deposit the cash bonus directly into your bank account and the points into your Avion points account.Disclaimer1,Disclaimer2,Disclaimer4,Disclaimer5
Connect with a Mortgage Specialist Today!
Whether buying or switching your mortgage, we can help you find solutions for your needs.
Offer expires June 30, 2025.
*
PURCHASE OFFER:
As further described below, the following Terms & Conditions apply to the Purchase Offer in respect of eligible RBC mortgages that were not switched to RBC from another lender.
This Purchase Promotional Offer is comprised of a Purchase Cash Offer component and a Purchase Points Offer component, as described below. In order to be eligible for and obtain the applicable benefit of the Purchase Points Offer component of the Purchase Promotional Offer, you must first qualify for the Purchase Cash Offer component by meeting its applicable terms and conditions.
As further described below, the following Terms & Conditions apply to the Purchase Offer in respect of eligible RBC mortgages that were not switched to RBC from another lender.
This Purchase Promotional Offer is comprised of a Purchase Cash Offer component and a Purchase Points Offer component, as described below. In order to be eligible for and obtain the applicable benefit of the Purchase Points Offer component of the Purchase Promotional Offer, you must first qualify for the Purchase Cash Offer component by meeting its applicable terms and conditions.
1
Purchase Cash Offer Component Terms & Conditions:
Provided you meet the terms and conditions described below, you may qualify to receive the applicable cash amount deposited to an RBC “Eligible Personal Deposit Account” (as described below).
An “Eligible Mortgage Application” is a personal residential mortgage application that results in a written mortgage pre-approval or approval, containing an interest rate commitment, dated between February 1, 2025 and June 30, 2025 (inclusive), in Canada only. Mortgage must fund within 120 days from the start of the rate commitment and no later than October 28, 2025. Offer available only for new mortgages or RBC Homeline Plan mortgage segments of the following types and terms:
Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $100,000.00 to $299,999.99 will receive $500.00 in cash. Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $300,000.00 to $499,999.99 will receive $1,000.00 in cash. Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $500,000.00 to $749,999.99 will receive $1,500.00 in cash. Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $750,000.00 to $999,999.99 will receive $3,000.00 in cash. Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $1,000,000.00 or greater will receive $3,500.00 in cash.
If you open a new RBC Homeline Plan® account, you may be eligible to receive the Purchase Cash Offer component based on the total principal amount(s) in the mortgage segment(s) of the RBC Homeline Plan.
This offer is limited to personal clients and new residential mortgages / RBC Homeline Plan mortgage segment(s) mortgages on owner-occupied residential dwellings only. Non-personal clients, commercial/investment properties, and properties not owner-occupied are excluded.
This offer is also not available in respect of any of the following transactions: an amendment to an existing mortgage with RBC; an advance of additional funds; a mortgage renewal; a mortgage switched to RBC from another financial institution; a new mortgage segment within an existing RBC Homeline Plan; a mortgage portability transaction; or a transfer of an existing mortgage with RBC to an RBC Homeline Plan. In addition, you are not eligible to participate in or receive the benefit of this Purchase Promotional Offer if you are currently participating, or have in the past participated, in an RBC Mortgage offer offered in conjunction with a new home builder. You may contact us for additional details and/or to confirm your eligibility. Offers may be combined or used in conjunction with only certain other RBC offers, only as and to the extent permitted under the terms and conditions of such other RBC offers. See your RBC mortgage specialist for additional details. This offer is subject to RBC’s standard lending criteria for residential mortgages. Offer may be withdrawn or amended without notice at any time.
Mortgage must remain open until the end of mortgage term; should your mortgage be repaid or otherwise closed or discharged prior to the end of its term, we reserve the right to demand repayment of the cash benefit amount you received, and by participating you agree (i) to repay this amount upon demand and (ii) that we may, without notice to you, debit any account you hold with us for such an amount.
NOTE: To receive the applicable Purchase Cash Offer benefit, you must have or open an RBC Royal Bank Canadian dollar “Eligible Personal Deposit Account” (as described below) or an RBC Private Banking Account, and you must use it to make at least one payment for your mortgage by November 27, 2025. An “Eligible Personal Deposit Account” means one of the following RBC personal deposit account types: RBC Staff Banking, RBC VIP Banking, RBC Advantage Banking, RBC Advantage Banking for Students, RBC Signature No Limit Banking, RBC No Limit Banking, RBC Day to Day Banking, RBC Student Banking, RBC No Limit Banking for Students, RBC Day to Day Savings, RBC Enhanced Savings, RBC High Interest eSavings. If you have more than one Eligible Personal Deposit Account, we reserve the right to choose, in our sole discretion, the Eligible Personal Deposit Account to which your cash benefit will be credited. The cash benefit will be credited eight weeks after all the criteria for an “Eligible Mortgage Application” are met. If you do not have an Eligible Personal Deposit Account by October 28, 2025 and make a mortgage payment from an eligible account by November 27, 2025, you will be deemed to have not qualified for this offer and will not be eligible to receive its benefits. RBC reserves the right to charge your account if you payout your mortgage before the end of your term.
Provided you meet the terms and conditions described below, you may qualify to receive the applicable cash amount deposited to an RBC “Eligible Personal Deposit Account” (as described below).
An “Eligible Mortgage Application” is a personal residential mortgage application that results in a written mortgage pre-approval or approval, containing an interest rate commitment, dated between February 1, 2025 and June 30, 2025 (inclusive), in Canada only. Mortgage must fund within 120 days from the start of the rate commitment and no later than October 28, 2025. Offer available only for new mortgages or RBC Homeline Plan mortgage segments of the following types and terms:
- 3-year fixed interest rate closed mortgage
- 4-year fixed interest rate closed mortgage
- 5-year fixed interest rate closed mortgage
- 5-year variable closed mortgage
Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $100,000.00 to $299,999.99 will receive $500.00 in cash. Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $300,000.00 to $499,999.99 will receive $1,000.00 in cash. Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $500,000.00 to $749,999.99 will receive $1,500.00 in cash. Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $750,000.00 to $999,999.99 will receive $3,000.00 in cash. Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $1,000,000.00 or greater will receive $3,500.00 in cash.
If you open a new RBC Homeline Plan® account, you may be eligible to receive the Purchase Cash Offer component based on the total principal amount(s) in the mortgage segment(s) of the RBC Homeline Plan.
This offer is limited to personal clients and new residential mortgages / RBC Homeline Plan mortgage segment(s) mortgages on owner-occupied residential dwellings only. Non-personal clients, commercial/investment properties, and properties not owner-occupied are excluded.
This offer is also not available in respect of any of the following transactions: an amendment to an existing mortgage with RBC; an advance of additional funds; a mortgage renewal; a mortgage switched to RBC from another financial institution; a new mortgage segment within an existing RBC Homeline Plan; a mortgage portability transaction; or a transfer of an existing mortgage with RBC to an RBC Homeline Plan. In addition, you are not eligible to participate in or receive the benefit of this Purchase Promotional Offer if you are currently participating, or have in the past participated, in an RBC Mortgage offer offered in conjunction with a new home builder. You may contact us for additional details and/or to confirm your eligibility. Offers may be combined or used in conjunction with only certain other RBC offers, only as and to the extent permitted under the terms and conditions of such other RBC offers. See your RBC mortgage specialist for additional details. This offer is subject to RBC’s standard lending criteria for residential mortgages. Offer may be withdrawn or amended without notice at any time.
Mortgage must remain open until the end of mortgage term; should your mortgage be repaid or otherwise closed or discharged prior to the end of its term, we reserve the right to demand repayment of the cash benefit amount you received, and by participating you agree (i) to repay this amount upon demand and (ii) that we may, without notice to you, debit any account you hold with us for such an amount.
NOTE: To receive the applicable Purchase Cash Offer benefit, you must have or open an RBC Royal Bank Canadian dollar “Eligible Personal Deposit Account” (as described below) or an RBC Private Banking Account, and you must use it to make at least one payment for your mortgage by November 27, 2025. An “Eligible Personal Deposit Account” means one of the following RBC personal deposit account types: RBC Staff Banking, RBC VIP Banking, RBC Advantage Banking, RBC Advantage Banking for Students, RBC Signature No Limit Banking, RBC No Limit Banking, RBC Day to Day Banking, RBC Student Banking, RBC No Limit Banking for Students, RBC Day to Day Savings, RBC Enhanced Savings, RBC High Interest eSavings. If you have more than one Eligible Personal Deposit Account, we reserve the right to choose, in our sole discretion, the Eligible Personal Deposit Account to which your cash benefit will be credited. The cash benefit will be credited eight weeks after all the criteria for an “Eligible Mortgage Application” are met. If you do not have an Eligible Personal Deposit Account by October 28, 2025 and make a mortgage payment from an eligible account by November 27, 2025, you will be deemed to have not qualified for this offer and will not be eligible to receive its benefits. RBC reserves the right to charge your account if you payout your mortgage before the end of your term.
2
Purchase RBC Avion Points Offer Component Terms & Conditions:
In addition to the Purchase Cash Offer, if your “Eligible Mortgage Application” is for a mortgage or RBC Homeline Plan mortgage segment with a principal amount greater than or equal to $100,000 and you have qualified for the Purchase Cash Offer component of the Purchase Promotional Offer by meeting its applicable terms and conditions as described above, you may be eligible to earn 55,000 RBC Avion points (“Bonus Points”).
To qualify to receive the Bonus Points, you must (i) have qualified to receive the Purchase Cash Offer component of the Purchase Promotional Offer, and (ii) before October 28, 2025, have an “Eligible Personal Deposit Account” (as described below) that is enrolled in the RBC Value Program, or open an Eligible Personal Deposit Account and enroll it in the RBC Value Program. Eligible Personal Deposit Accounts include: RBC Staff Banking, RBC VIP Banking, RBC Advantage Banking, RBC Advantage Banking for students, RBC Signature No Limit Banking, RBC No Limit Banking, RBC Day to Day Banking, RBC Student Banking, RBC No Limit Banking for Students, RBC Day to Day Savings, RBC Enhanced Savings, RBC High Interest eSavings. For more information on the RBC Value Program please visit: https://www.rbcroyalbank.com/onlinebanking/servicech/pdf/br-value-program.pdf
If you qualify to receive the Purchase Bonus Points by meeting all applicable terms and conditions, the Bonus Points will be deposited to the RBC Avion points account tied to your Eligible Personal Deposit Account within eight weeks after meeting all the criteria for an “Eligible Mortgage Application”, as described above.
If you do not have an Eligible Personal Deposit Account that is enrolled in the RBC Value Program by October 28, 2025, you will be deemed to have not qualified for the Bonus Points and will therefore not receive them.
In addition to the Purchase Cash Offer, if your “Eligible Mortgage Application” is for a mortgage or RBC Homeline Plan mortgage segment with a principal amount greater than or equal to $100,000 and you have qualified for the Purchase Cash Offer component of the Purchase Promotional Offer by meeting its applicable terms and conditions as described above, you may be eligible to earn 55,000 RBC Avion points (“Bonus Points”).
To qualify to receive the Bonus Points, you must (i) have qualified to receive the Purchase Cash Offer component of the Purchase Promotional Offer, and (ii) before October 28, 2025, have an “Eligible Personal Deposit Account” (as described below) that is enrolled in the RBC Value Program, or open an Eligible Personal Deposit Account and enroll it in the RBC Value Program. Eligible Personal Deposit Accounts include: RBC Staff Banking, RBC VIP Banking, RBC Advantage Banking, RBC Advantage Banking for students, RBC Signature No Limit Banking, RBC No Limit Banking, RBC Day to Day Banking, RBC Student Banking, RBC No Limit Banking for Students, RBC Day to Day Savings, RBC Enhanced Savings, RBC High Interest eSavings. For more information on the RBC Value Program please visit: https://www.rbcroyalbank.com/onlinebanking/servicech/pdf/br-value-program.pdf
If you qualify to receive the Purchase Bonus Points by meeting all applicable terms and conditions, the Bonus Points will be deposited to the RBC Avion points account tied to your Eligible Personal Deposit Account within eight weeks after meeting all the criteria for an “Eligible Mortgage Application”, as described above.
If you do not have an Eligible Personal Deposit Account that is enrolled in the RBC Value Program by October 28, 2025, you will be deemed to have not qualified for the Bonus Points and will therefore not receive them.
3
Other Terms & Conditions Applicable to the Purchase Promotional Offer:
Limit of one Purchase Promotional Offer (i.e., limit of one Purchase Cash Offer and one Purchase Points Offer) per funded mortgage or RBC Homeline Plan with a mortgage segment.
Royal Bank of Canada reserves the right to cancel, modify or withdraw the Purchase Promotional Offer or any component thereof at any time, with or without notice to you.
® / ™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.
If you are an RBC Avion Visa Infinite, RBC Avion Visa Platinum, RBC Avion Visa Infinite Privilege, RBC Avion Visa Infinite Business, or RBC Avion Visa Business cardholder (“RBC Avion Cardholder”), 55,000 Avion points can be redeemed for a round trip long-haul flight to Mexico, Hawaii or Alaska from Eastern Canada or the United States, and to Bermuda, Central America, Caribbean from Western Canada or the United States, with a maximum ticket price of $1,100. All applicable taxes, service fees and surcharges are the responsibility of the traveler. For more details, including information on redeeming for first class and business class seats, visit: https://www.avionrewards.com/travel/index.html(opens new window). If you are not an RBC Avion Cardholder, different redemption rates apply. Avion points can also be redeemed for travel, gift certificates/cards, brand name merchandise, and more. All rewards are subject to availability and may change without prior notice. For complete terms, conditions and restrictions that apply to the Avion Rewards program, please visit: www.avionrewards.com(opens new window) or call 1-800 ROYAL 1-2 (1-800-769-2512).
Limit of one Purchase Promotional Offer (i.e., limit of one Purchase Cash Offer and one Purchase Points Offer) per funded mortgage or RBC Homeline Plan with a mortgage segment.
Royal Bank of Canada reserves the right to cancel, modify or withdraw the Purchase Promotional Offer or any component thereof at any time, with or without notice to you.
® / ™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.
If you are an RBC Avion Visa Infinite, RBC Avion Visa Platinum, RBC Avion Visa Infinite Privilege, RBC Avion Visa Infinite Business, or RBC Avion Visa Business cardholder (“RBC Avion Cardholder”), 55,000 Avion points can be redeemed for a round trip long-haul flight to Mexico, Hawaii or Alaska from Eastern Canada or the United States, and to Bermuda, Central America, Caribbean from Western Canada or the United States, with a maximum ticket price of $1,100. All applicable taxes, service fees and surcharges are the responsibility of the traveler. For more details, including information on redeeming for first class and business class seats, visit: https://www.avionrewards.com/travel/index.html(opens new window). If you are not an RBC Avion Cardholder, different redemption rates apply. Avion points can also be redeemed for travel, gift certificates/cards, brand name merchandise, and more. All rewards are subject to availability and may change without prior notice. For complete terms, conditions and restrictions that apply to the Avion Rewards program, please visit: www.avionrewards.com(opens new window) or call 1-800 ROYAL 1-2 (1-800-769-2512).
‡
SWITCH OFFER:
As further described below, the following Terms & Conditions apply to the Switch Offer in respect of eligible RBC mortgages that were switched to RBC from another lender.
This Switch Promotional Offer is comprised of a Switch Cash Offer component and a Switch Points Offer component, as described below.
As further described below, the following Terms & Conditions apply to the Switch Offer in respect of eligible RBC mortgages that were switched to RBC from another lender.
This Switch Promotional Offer is comprised of a Switch Cash Offer component and a Switch Points Offer component, as described below.
4
Switch Cash Offer Component Terms & Conditions:
Provided you meet the terms and conditions described below, you may qualify to receive the applicable cash amount deposited to an RBC “Eligible Personal Deposit Account” (as described below).
An “Eligible Mortgage Application” is a switch mortgage application (i.e., a mortgage switched to RBC from another mortgage lender) that results in a written mortgage pre-approval or approval, containing an interest rate commitment, dated between February 1, 2025 and June 30, 2025 (inclusive), in Canada only. Mortgage must fund within 120 days from the start of the rate commitment and no later than October 28, 2025. Offer available only for new mortgages of the following types and terms:
Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $300,000.00 up to $499,999.00 will receive $500.00 in cash. Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $500,000.00 up to $749,999.00 will receive $1,000.00 in cash. Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $750,000.00 up to $999,999.00 will receive $2,500.00 in cash. Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $1,000,000.00 or greater will receive $3,500.00 in cash.
If you open a new RBC Homeline Plan account, you may be eligible to receive the Switch Cash Offer component based on the total principal amount(s) in the mortgage segment(s) of the RBC Homeline Plan.
This offer is limited to personal clients and residential switch mortgages on owner-occupied residential dwellings only. Non-personal clients, commercial/investment properties, and properties not owner-occupied are excluded.
This offer is also not available in respect of any of the following transactions: an amendment to an existing mortgage with RBC; an advance of additional funds; a renewal; a new mortgage segment within an RBC Homeline Plan; a mortgage portability transaction; and a transfer of an existing mortgage with RBC to an RBC Homeline Plan. Offers may be combined or used in conjunction with only certain other RBC offers only as and to the extent permitted under the terms and conditions of such other RBC offers. See your RBC mortgage specialist for additional details. This offer is subject to RBC’s standard lending criteria for residential mortgages. Offer may be withdrawn or amended without notice at any time.
Mortgage must remain open until the end of mortgage term; should your mortgage be repaid or otherwise closed or discharged prior to the end of its term, we reserve the right to demand repayment of the cash benefit amount you received, and by participating you agree (i) to repay this amount upon demand and (ii) that we may, without notice to you, recover this amount by debiting any account you hold with us.
NOTE: To receive the applicable Switch Cash Offer benefit, you must have or open an RBC Royal Bank Canadian dollar “Eligible Personal Deposit Account” (as described below) or an RBC Private Banking Account, and you must use it to make at least one payment for your mortgage by November 27, 2025. An “Eligible Personal Deposit Account” means one of the following RBC personal deposit account types: RBC Staff Banking, RBC VIP Banking, RBC Advantage Banking, RBC Advantage Banking for students, RBC Signature No Limit Banking, RBC No Limit Banking, RBC Day to Day Banking, RBC Student Banking, RBC No Limit Banking for Students, RBC Day to Day Savings, RBC Enhanced Savings, RBC High Interest eSavings. If you have more than one Eligible Personal Deposit Account, we reserve the right to choose, in our sole discretion, the Eligible Personal Deposit Account to which your cash benefit will be credited. The cash benefit will be credited eight weeks after all the criteria for an “Eligible Mortgage Application” are met. If you do not have an Eligible Personal Deposit Account by October 28, 2025 and make a mortgage payment from an eligible account by November 27, 2025, you will be deemed to have not qualified for this Switch offer and will not be eligible to receive its benefits. RBC reserves the right to charge your account if you payout your mortgage before the end of your term.
Provided you meet the terms and conditions described below, you may qualify to receive the applicable cash amount deposited to an RBC “Eligible Personal Deposit Account” (as described below).
An “Eligible Mortgage Application” is a switch mortgage application (i.e., a mortgage switched to RBC from another mortgage lender) that results in a written mortgage pre-approval or approval, containing an interest rate commitment, dated between February 1, 2025 and June 30, 2025 (inclusive), in Canada only. Mortgage must fund within 120 days from the start of the rate commitment and no later than October 28, 2025. Offer available only for new mortgages of the following types and terms:
- 3-year fixed interest rate closed mortgage
- 4-year fixed interest rate closed mortgage
- 5-year fixed interest rate closed mortgage
- 5-year variable closed mortgage
Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $300,000.00 up to $499,999.00 will receive $500.00 in cash. Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $500,000.00 up to $749,999.00 will receive $1,000.00 in cash. Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $750,000.00 up to $999,999.00 will receive $2,500.00 in cash. Eligible mortgages or RBC Homeline Plan mortgage segments with a principal amount of $1,000,000.00 or greater will receive $3,500.00 in cash.
If you open a new RBC Homeline Plan account, you may be eligible to receive the Switch Cash Offer component based on the total principal amount(s) in the mortgage segment(s) of the RBC Homeline Plan.
This offer is limited to personal clients and residential switch mortgages on owner-occupied residential dwellings only. Non-personal clients, commercial/investment properties, and properties not owner-occupied are excluded.
This offer is also not available in respect of any of the following transactions: an amendment to an existing mortgage with RBC; an advance of additional funds; a renewal; a new mortgage segment within an RBC Homeline Plan; a mortgage portability transaction; and a transfer of an existing mortgage with RBC to an RBC Homeline Plan. Offers may be combined or used in conjunction with only certain other RBC offers only as and to the extent permitted under the terms and conditions of such other RBC offers. See your RBC mortgage specialist for additional details. This offer is subject to RBC’s standard lending criteria for residential mortgages. Offer may be withdrawn or amended without notice at any time.
Mortgage must remain open until the end of mortgage term; should your mortgage be repaid or otherwise closed or discharged prior to the end of its term, we reserve the right to demand repayment of the cash benefit amount you received, and by participating you agree (i) to repay this amount upon demand and (ii) that we may, without notice to you, recover this amount by debiting any account you hold with us.
NOTE: To receive the applicable Switch Cash Offer benefit, you must have or open an RBC Royal Bank Canadian dollar “Eligible Personal Deposit Account” (as described below) or an RBC Private Banking Account, and you must use it to make at least one payment for your mortgage by November 27, 2025. An “Eligible Personal Deposit Account” means one of the following RBC personal deposit account types: RBC Staff Banking, RBC VIP Banking, RBC Advantage Banking, RBC Advantage Banking for students, RBC Signature No Limit Banking, RBC No Limit Banking, RBC Day to Day Banking, RBC Student Banking, RBC No Limit Banking for Students, RBC Day to Day Savings, RBC Enhanced Savings, RBC High Interest eSavings. If you have more than one Eligible Personal Deposit Account, we reserve the right to choose, in our sole discretion, the Eligible Personal Deposit Account to which your cash benefit will be credited. The cash benefit will be credited eight weeks after all the criteria for an “Eligible Mortgage Application” are met. If you do not have an Eligible Personal Deposit Account by October 28, 2025 and make a mortgage payment from an eligible account by November 27, 2025, you will be deemed to have not qualified for this Switch offer and will not be eligible to receive its benefits. RBC reserves the right to charge your account if you payout your mortgage before the end of your term.
5
RBC Avion Switch Points Offer Component Terms & Conditions:
In addition to the Switch Cash Offer (if applicable), if your “Eligible Mortgage Application” (as described above) is for a mortgage or RBC Homeline Plan mortgage segment with a principal amount equal to or greater than $100,000 (or $75,000 minimum for Atlantic Canada: New Brunswick, PEI, Nova Scotia, Newfoundland & Labrador, Manitoba, Saskatchewan, and Quebec) you are eligible to earn 55,000 RBC Avion points (“Switch Bonus Points”). Mortgage must fund within 120 days of the interest rate commitment start date and no later than October 28, 2025. Offer is eligible only for a new RBC closed mortgage with a three-year or greater fixed interest rate or a five-year variable rate term.
To qualify to receive the Switch Points Offer component of the Switch Promotional Offer, you must (i) have qualified to receive the Switch Cash Offer component of the Switch Promotional offer (if applicable), and (ii) before October 28, 2025, have an “Eligible Personal Deposit Account” (as described below) enrolled in the RBC Value Program, or open an Eligible Personal Deposit Account and enroll it in the RBC Value Program. Eligible Personal Deposit Accounts include: RBC Staff Banking, RBC VIP Banking, RBC Advantage Banking, RBC Advantage Banking for students, RBC Signature No Limit Banking, RBC No Limit Banking, RBC Day to Day Banking, RBC Student Banking, RBC No Limit Banking for Students, RBC Day to Day Savings, RBC Enhanced Savings, RBC High Interest eSavings. For more information on the Value Program please visit: https://www.rbcroyalbank.com/onlinebanking/servicech/pdf/br-value-program.pdf
If you qualify for the Switch Points Offer component of the Switch Promotional Offer by meeting all applicable terms and conditions, the Switch Bonus Points will be deposited to the RBC Avion points account tied to your Eligible Personal Banking Account within eight weeks after meeting all the criteria for an “Eligible Mortgage Application”, as described above.
If you do not have an Eligible Personal Deposit Account that is enrolled in the RBC Value Program by October 28, 2025, you will be deemed to have not qualified for the Switch Bonus Points component of the Promotional Offer and will not receive the Bonus Points.
In addition to the Switch Cash Offer (if applicable), if your “Eligible Mortgage Application” (as described above) is for a mortgage or RBC Homeline Plan mortgage segment with a principal amount equal to or greater than $100,000 (or $75,000 minimum for Atlantic Canada: New Brunswick, PEI, Nova Scotia, Newfoundland & Labrador, Manitoba, Saskatchewan, and Quebec) you are eligible to earn 55,000 RBC Avion points (“Switch Bonus Points”). Mortgage must fund within 120 days of the interest rate commitment start date and no later than October 28, 2025. Offer is eligible only for a new RBC closed mortgage with a three-year or greater fixed interest rate or a five-year variable rate term.
To qualify to receive the Switch Points Offer component of the Switch Promotional Offer, you must (i) have qualified to receive the Switch Cash Offer component of the Switch Promotional offer (if applicable), and (ii) before October 28, 2025, have an “Eligible Personal Deposit Account” (as described below) enrolled in the RBC Value Program, or open an Eligible Personal Deposit Account and enroll it in the RBC Value Program. Eligible Personal Deposit Accounts include: RBC Staff Banking, RBC VIP Banking, RBC Advantage Banking, RBC Advantage Banking for students, RBC Signature No Limit Banking, RBC No Limit Banking, RBC Day to Day Banking, RBC Student Banking, RBC No Limit Banking for Students, RBC Day to Day Savings, RBC Enhanced Savings, RBC High Interest eSavings. For more information on the Value Program please visit: https://www.rbcroyalbank.com/onlinebanking/servicech/pdf/br-value-program.pdf
If you qualify for the Switch Points Offer component of the Switch Promotional Offer by meeting all applicable terms and conditions, the Switch Bonus Points will be deposited to the RBC Avion points account tied to your Eligible Personal Banking Account within eight weeks after meeting all the criteria for an “Eligible Mortgage Application”, as described above.
If you do not have an Eligible Personal Deposit Account that is enrolled in the RBC Value Program by October 28, 2025, you will be deemed to have not qualified for the Switch Bonus Points component of the Promotional Offer and will not receive the Bonus Points.
6
Other Terms & Conditions Applicable to the Switch Promotional Offer:
Limit of one Switch Promotional Offer (i.e., limit of one Switch Cash Offer and one Switch Points Offer) per funded mortgage or RBC Homeline Plan with a mortgage segment.
Royal Bank of Canada reserves the right to cancel, modify, or withdraw the Switch Promotional Offer or any component thereof at any time, without or without notice to you.
® / ™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.
If you are an RBC Avion Visa Infinite, RBC Avion Visa Platinum, RBC Avion Visa Infinite Privilege, RBC Avion Visa Infinite Business, or RBC Avion Visa Business cardholder (“RBC Avion Cardholder”), 55,000 Avion points can be redeemed for a round trip long-haul flight to Mexico, Hawaii or Alaska from Eastern Canada or the United States, and to Bermuda, Central America, Caribbean from Western Canada or the United States, with a maximum ticket price of $1,100. All applicable taxes, service fees and surcharges are the responsibility of the traveler. For more details, including information on redeeming for first class and business class seats, visit: https://www.avionrewards.com/travel/index.html(opens new window). If you are not an RBC Avion Cardholder, different redemption rates apply. Avion points can also be redeemed for travel, gift certificates/cards, brand name merchandise, and more. All rewards are subject to availability and may change without prior notice. For complete terms, conditions and restrictions that apply to the Avion Rewards program, please visit: www.avionrewards.com(opens new window) or call 1-800 ROYAL 1-2 (1-800-769-2512).
Limit of one Switch Promotional Offer (i.e., limit of one Switch Cash Offer and one Switch Points Offer) per funded mortgage or RBC Homeline Plan with a mortgage segment.
Royal Bank of Canada reserves the right to cancel, modify, or withdraw the Switch Promotional Offer or any component thereof at any time, without or without notice to you.
® / ™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.
If you are an RBC Avion Visa Infinite, RBC Avion Visa Platinum, RBC Avion Visa Infinite Privilege, RBC Avion Visa Infinite Business, or RBC Avion Visa Business cardholder (“RBC Avion Cardholder”), 55,000 Avion points can be redeemed for a round trip long-haul flight to Mexico, Hawaii or Alaska from Eastern Canada or the United States, and to Bermuda, Central America, Caribbean from Western Canada or the United States, with a maximum ticket price of $1,100. All applicable taxes, service fees and surcharges are the responsibility of the traveler. For more details, including information on redeeming for first class and business class seats, visit: https://www.avionrewards.com/travel/index.html(opens new window). If you are not an RBC Avion Cardholder, different redemption rates apply. Avion points can also be redeemed for travel, gift certificates/cards, brand name merchandise, and more. All rewards are subject to availability and may change without prior notice. For complete terms, conditions and restrictions that apply to the Avion Rewards program, please visit: www.avionrewards.com(opens new window) or call 1-800 ROYAL 1-2 (1-800-769-2512).
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For switch transactions we will pay, when applicable, the basic title insurance fee (up to $700 for properties located in New Brunswick, Prince Edward Island, Nova Scotia, Newfoundland & Labrador, up to $1,400 for properties located in Quebec, up to $500 for properties located in the rest of Canada); processing fee (up to $300); and one discharge fee (up to $300 maximum discharge fee, except for properties located in Quebec). Offer excludes mortgage prepayment charges (“breakage fees”) that you may have to pay. Additionally, in order to qualify, your mortgage with RBC must have a minimum principal amount of $100,000 or more for properties located in Ontario, Alberta, British Columbia, Northwest Territories, Yukon, or Nunavut, or $75,000 for properties located in New Brunswick, Prince Edward Island, Nova Scotia, Newfoundland & Labrador, Manitoba, Saskatchewan, or Quebec). Offer eligible only for switch transactions carried out using an RBC-approved title insurance service provider and only for a new RBC closed mortgage with a three-year or greater fixed interest rate or a five-year variable rate term.