For newcomers to Canada, the challenges of creating a new life here can be made a bit easier with access to credit for everyday living or unexpected needs.

Upon arrival in Canada, it’s important for newcomers to establish a Canadian credit history. One of the best ways to do so is to have a Canadian credit card and use it wisely. Building a strong Canadian credit score early on is beneficial for future large purchases where financing may be needed such as buying a car or home. A credit card can also help manage everyday finances such as signing up for a mobile phone, renting a car or booking a hotel.

As Canada’s largest bank^*, RBC^® is proud to have helped millions of newcomers get an easier start to their life in Canada, with:

• A credit card – no Canadian credit history required¹
• A bank account – no monthly fee for 6 months²
• An RBC mortgage – with as little as 5% down³
• Expert advice 24/7

* As measured by market capitalization and assets.

1 Provided you meet all of Royal Bank of Canada’s eligibility and credit criteria, you may be eligible for an unsecured RBC Royal Bank® credit card even if you have no Canadian credit history. If you don’t qualify for an unsecured RBC Royal Bank credit card, you may still be eligible for a credit card provided you give us a security deposit and meet Royal Bank of Canada’s eligibility criteria. For secured credit cards, a credit history may be required.

2 Monthly fee will be waived for the first 6 months upon account opening. Monthly fee is $14.95. Other account transaction fees may apply. Applies to the RBC Signature No Limit Banking® account only. Available only to newcomers to Canada who have arrived in Canada within the last year and who show proof of permanent resident status. Also available to newcomers to Canada that have arrived between 1 – 3 years when clients switch their account from another financial institution using CustomSwitch®. Other conditions apply. See branch for details. This offer may be withdrawn at any time and is subject to change without notice.

3 Personal lending products and residential mortgages are offered by Royal Bank of Canada and are subject to its standard lending criteria.

® / ™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.