Grow Your Money, Effortlessly and Automatically.
A simple way to reach your financial goals faster is to save regularly using a Pre-Authorized Contribution (PAC) plan. A PAC plan automatically moves money from your chequing account to your RBC investment account. Simply choose how much and how often you want to contribute—we’ll do the rest of the work for you!
- Start Small, Save Big. Pick an amount that works for you. Even small contributions can grow into significant savings over time.
- Save Effortlessly. By making automatic contributions to your investment account regularly, you save without even thinking about it.
- Stay In Control of Your Money. You can change, pause, or cancel your contribution amount and frequency at any time.
See How Fast You Can Grow Your Money
Put money aside regularly over the long term to save even more!
Save $50 per month for 5 years and you could save $3,400. In 10 years, you could have $7,765. With a simple change, like increasing the frequency to $25/biweekly, you could save even more.
Setting It Up Is Easy
Step 1
Choose the RBC account(s) that you want to contribute to: TFSA, RRSP, RESP, FHSA or RDSP.
Step 2
Pick an amount you want to put away regularly.
Step 3
Choose a frequency that works for you – weekly, bi-weekly or monthly.
Start Saving Today
To set up a Pre-Authorized Contribution plan, you first need an investment account with RBC. If you haven’t opened one yet, you can do so online, by phone or in-branch.
Choose an Account to Set Up a PAC in Online Banking: