Enjoy Freedom and Flexibility with a Cross-Border U.S. Bank Account for Canadians (2024)

Cross-Border Essentials

No Annual Fee Banking for 1 Year20, 29

Avoid foreign transaction fees, earn rewards and get unlimited instant transfers1 between the U.S. and Canada

Learn More

On This Page

  • U.S. Checking
  • U.S. Savings
  • Cross-Border Bundles
  • Manage Your Account(nav)
  • Sign Up Now

U.S. Bank Accounts for Canadians

U.S. Checking

U.S. Savings

Cross-Border Bundles

Manage Your Account(header)

Sign Up Now

Key Cross-Border Banking Benefits for Canadians

The only U.S.-based bank designed specifically for Canadians who live, travel, shop and work in the U.S

Unlimited & instant transfers between the U.S. and Canada1

Move money cross border — 24/7

Start Moving Money

Pay U.S. Bills + Send and Receive Money in the U.S.

Pay bills, transfer and receive money with your U.S. bank account and routing number through Online Banking. If you have a U.S. cell number, you can use 3rd party apps to send and receive money from friends, family or businesses.

Access to 50,000+ No-fee ATMs2 in all 50 states

Plus cash back at large retailers like Target, Costco, CVS and Walgreens

Enjoy Freedom and Flexibility with a Cross-Border U.S. Bank Account for Canadians (5)

Apply Online With Your Canadian Address

You don’t need to be a U.S. resident or have a U.S. address

Enjoy Freedom and Flexibility with a Cross-Border U.S. Bank Account for Canadians (6)

Why Choose a U.S. Account?

How a U.S.-based account compares to a Canadian U.S. dollar account

Find the Right U.S. Bank Account

Instantly move and exchange money1 between Canada and the U.S., deposit checks, pay bills and avoid foreign transaction fees. It’s freedom and flexibility you just don’t find with a Canadian U.S. dollar account.

  • Checking
  • Savings

RBC U.S. Direct Checking

MOST POPULAR

Annual Fee:

$39.50

Two convenient options:

  • Pay annually and save - $39.50 per year with eStatements or $59.90 per year with paper statements
  • Pay monthly - $3.95 per month with eStatements or $5.95 per month with paper statements

(or $0 for 1 year29 with the Cross Border Bundle )

Open Bank AccountRBC U.S. Direct Checking Open Bank Account Link

  • 10 debits per month
    $1 per additional debit11
  • Easy access to U.S. cash
    Access 50,000+ no fee ATMs2 in the U.S.
  • No minimum balance
    $50 deposit required to open

More DetailsRBC U.S. Direct Checking More Details Link

RBC U.S. Premium Checking

UNLIMITED TRANSACTIONS & PREFERRED FX

Annual Fee:

$99.50

Two convenient options:

  • Pay annually and save - $99.50 per year with eStatements or $119.50 per year with paper statements
  • Pay monthly - $9.95 per month with eStatements or $11.95 per month with paper statements

(or $0 for 1 year29 with the Cross Border Bundle)

Open Bank AccountRBC U.S. Premium Checking Open Bank Account

  • Tap, click and swipe without extra fees
    Unlimited debit transactions in the U.S.
  • Preferred foreign exchange rate
    When transferring CAD<>USD online
  • Get your first 40 checks on us
    Shipping & handling charges may apply
  • No minimum balance
    $50 deposit required to open

More DetailsRBC U.S. Premium Checking More Details Link

Preferred Money Market Savings5

Earn up to 0.5% annual percentage yield (APY)17

Monthly Fee:

$0

with a $1,000 monthly balance

Open Savings Account

  • Earn the best interest rate on U.S. dollars
    0.20% APY17 with balances from $0 to $24,999
    0.25% APY17 with balances from $25,000 to $49,999
    0.50% APY17 with balances over $50,000
  • No minimum balance
    $1,000 deposit required to open
  • Secure, insured savings
    FDIC insured up to $250,00012

More DetailsPreferred Money Market Savings More Details Link

Certificate of Deposit (CDs)15

Earn up to 5.00% annual percentage yield (APY)17

CDs are similar to GICs

Secure investment over a set term

Call to open: 1-800-769-2553

  • Guaranteed rate of return
    Fixed interest terms from 6 months through 5 years
  • Secure, insured savings
    FDIC insured up to $250,00012
  • $1,000 deposit required to open

View Interest Rates

Cross-Border Bundles

Instantly move and exchange money1 between Canada and the U.S., deposit checks, pay bills and avoid foreign transaction fees. It’s freedom and flexibility you just don’t find with a Canadian U.S. dollar account.

Playing and Shopping in the U.S.

For the snowbird, U.S. vacationer or cross-border shopper

Travelling in the U.S. Bundle

Moving to the U.S.

For Canadians working in or moving to the U.S.

Moving to the U.S. Bundle

Golfing in the U.S.

For the avid golfer that wants to golf in the sun year round

Golfing in the U.S. Bundle

Studying in the U.S.

For Canadians going to college or university in the U.S.

Studying in the U.S. Bundle

Unlock Convenience

Easily move money cross-border on your mobile device, shop and get cash in the U.S.

Freedom and flexibility with RBC Visa Debit

Use your card to make purchases online or over the phone wherever Visa is accepted.

More RBC Visa Debit Features

Enjoy Freedom and Flexibility with a Cross-Border U.S. Bank Account for Canadians (7)

Deposit mobile checks

Anytime - no matter what side of the border you’re on. See How

Enjoy Freedom and Flexibility with a Cross-Border U.S. Bank Account for Canadians (8)

Pay U.S. bills on the go

No need to send wire transfers or bank drafts from Canada. Pay through Online Banking or set up ACH payments.

Enjoy Freedom and Flexibility with a Cross-Border U.S. Bank Account for Canadians (9)

Your money, FDIC insured

Deposits are insured by the FDIC up to $250,000.

Get cash at 50,000+ no-fee ATMs2 in all 50 states!

Search for a No-Fee ATM near you:

Unlock Cross-Border Offers & Perks

Enjoy access to discounts and benefits in the U.S. and Canada

Enjoy Freedom and Flexibility with a Cross-Border U.S. Bank Account for Canadians (10)

  • 300,000+ Travel Offers in 10,000+ U.S. Cities through Abenity Perks

Enjoy Freedom and Flexibility with a Cross-Border U.S. Bank Account for Canadians (11)

  • Save on travel including hotels, resorts, restaurants and car rentals

Enjoy Freedom and Flexibility with a Cross-Border U.S. Bank Account for Canadians (12)

  • Enjoy special access to attractions and experiences nationwide

Get up to a 25% discount on car and truck rentals

Save on your next rental car in the U.S. with discounted rates

Get up to a 25% discount on cars and SUVs

Save on your next rental car in the U.S. with discounted rates

Cross-Border Shopping & Shipping

Shop U.S. retailers online and enjoy reduced rate shipping home to Canada.

Discounted tele-health consultations

Instantly connect with a licensed doctor - any time, 24/7 in Canada or the U.S.

Enjoy Freedom and Flexibility with a Cross-Border U.S. Bank Account for Canadians (13)

  • 300,000+ Travel Offers in 10,000+ U.S. Cities through Abenity Perks

Enjoy Freedom and Flexibility with a Cross-Border U.S. Bank Account for Canadians (14)

  • Save on travel including hotels, resorts, restaurants and car rentals

Enjoy Freedom and Flexibility with a Cross-Border U.S. Bank Account for Canadians (15)

  • Enjoy special access to attractions and experiences nationwide

Support & Resources

How can we help you today?

Top U.S. Banking FAQs

Do I need a Social Security Number to open an RBC Bank U.S. account?

Do I need to have a U.S. address to open an RBC Bank account?

As a Canadian - can I even open a U.S. account?

Yes! To open an RBC Bank U.S. account, you don’t need to be a resident of the U.S., aU.S. address or Social Security number. You simply need to be 18 years or older and live in Canada or the U.S. Signing up takes just a few minutes. All you need is your:

  • SIN
  • Driver’s license, passport or government ID

Sign up for your U.S. account now!

Do I have to file taxes in the U.S. if I transfer more than $10,000 from Canada?

View FAQs

CAD<> USD FX Calculator

Calculate the current Canadian to U.S. dollar foreign exchange rate.

Current Foreign Exchange Rate

FX Transaction Fee Calculator

See how much you can save when you pay no foreign transaction fees on U.S. transactions.

Foreign Transaction Fee Calculator

Manage Your Account

Access and Link Accounts

Easy instant access to your accounts through Online Banking, the RBC Mobile App and via phone anytime, anywhere.

Link Your Accounts

Get Cash In the U.S.

No need to pack a stack of cash when you head to the U.S.

Get Cash In The U.S.

Pay U.S. Bills

Paying bills or sending funds to friends and family in the U.S. is a little bit different than in Canada.

Pay U.S. Bills

Transfer Money Cross-Border

Move money back and forth between your U.S. and Canadian accounts easily, quickly and for free1 .

Transfer Money Cross-Border

Make a Deposit

Checks, wires, direct or cash. There are lots of ways you can make your deposit.

Deposit Money In The U.S.

Send and Receive Money Person-to-Person in the U.S.

With no Interac eTransfer in the U.S. you can use 3rd party apps with a U.S. cell number to send money.

Send Money Person-to-Person

Can’t find what you need? View all FAQs

Enjoy Freedom and Flexibility with a Cross-Border U.S. Bank Account for Canadians (2024)

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