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Until November 2, 2026, RBC is running an interesting promotion when you open an eligible chequing account: you can get an Apple iPad (11-inch, Wi-Fi, 128 GB, a $499 value) if you meet every condition of the offer.
This promotion applies to two RBC chequing accounts:
Depending on the package you choose and the amount you move into investments, you could also upgrade your iPad to an iPad Air, an iPad Pro or a MacBook Air. We come back to that below.
Here is how to take advantage of the offer:
You also have to keep the account open and in good standing until November 2, 2027. Other conditions apply, including eligibility requirements.
The two accounts eligible for this offer are the RBC Signature No Limit Banking Account and the RBC VIP Banking Package.
The RBC Signature No Limit Banking Account is a good fit for anyone who wants a full-featured chequing account with unlimited debit transactions in Canada, up to 3 non-RBC ATM fees waived per month, and savings of up to $48 on the annual fee of an eligible credit card.
The RBC VIP Banking Package is aimed more at people who want broader banking privileges, with unlimited debit transactions worldwide, no monthly fees on up to two additional Canadian dollar accounts and one eligible U.S. dollar account, and savings of up to $120 on the annual fee of an eligible credit card.
In short, both accounts give access to the iPad promotion, but choosing the right package will come down mostly to your banking habits and to the value you place on the benefits included.
Find the bank account that matches your needs with our chequing account comparison tool.
Getting the iPad takes more than simply opening an account. You also have to complete the steps RBC requires within the timelines it sets.
Here is the summary:
According to RBC, this offer targets eligible new clients. If you already have a personal RBC bank account, or if you have already received a similar account-opening offer in the past five years, you may not be eligible. RBC also specifies that simply switching packages does not qualify for this promotion.
It is therefore important to read the full terms before opening an account.
RBC lets you upgrade the reward by contributing new funds to an eligible investment account within 90 days of opening:
This upgrade is aimed mainly at people who already have money to invest and who want to move it to RBC. Check the exact terms before committing.
This RBC offer is worthwhile for anyone who was already planning to open a new chequing account and who can easily meet the required conditions.
Instead of cash back or points, the current offer gives you a tangible gift: an iPad worth $499. For some people, that can represent more concrete immediate value than a traditional bank bonus.
Keep in mind, though, that the real value of the offer depends on the account you choose, the monthly fees you pay, and your ability to maintain the account and the eligible activities under RBC’s conditions.
In other words, this promotion can be appealing, but it is mostly worthwhile if the account also suits you beyond the welcome gift.
If you were already considering a premium chequing account at RBC, this promotion can be a good way to get more value out of it.
The RBC Signature No Limit Banking Account will suit most people looking for a complete account with concrete day-to-day benefits. The RBC VIP Banking Package may be more relevant for those who want to maximize the banking privileges included.
On the other hand, if you open an account solely to receive the iPad without a real long-term banking need, it is better to calculate the total cost carefully and check your eligibility before going ahead.
As always, the best banking offer is the one that matches how you actually use your account, not just the one with the most attractive gift.
The RBC offer that gets you an iPad when you open a chequing account is worthwhile, especially if you are already thinking about switching institutions or opening a new bank account.
The RBC Signature No Limit Banking Account will suit most users thanks to its balance between fees and benefits, while the RBC VIP Banking Package is for those who want to maximize the banking privileges included.
As always, the key is not to let the gift alone guide you. Make sure the account you choose really matches your banking habits and that you will be able to meet the conditions of the offer within the required timelines.
Savings this way:
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