*** This promo is back dear Moosers! I updated the information below to reflect the new dates.**
Sign up for a new Royal Bank Canada all-inclusive bank account to receive a free iPad Mini 2 16GB with Wi-Fi in Silver. You will need to complete one of two transactions in order to qualify for the free iPad Mini 2. The iPad Mini 2 has a retail value of $329 (current price at Apple Canada).
This promotion is a lot like the previous RBC promotion, for $300 cash. First, you need to select one of two unlimited banking accounts.
RBC Signature No-Limit Banking - This bank account costs $14.95 per month or pay $10.95 if you have two other RBC accounts/credit cards. The account includes:
- unlimited debits
- 15 free Interac e-Transfers per month
- access fees refunded when you use an ATM at another bank
- $39 rebate on the annual fee of any eligible RBC credit card
RBC VIP Banking - This bank account costs $30 per month or pay $22.50 when you have two other accounts with Royal Bank. The account has:
- unlimited debits
- unlimited free Interact e-Transfers
- access fees refunded when you use an ATM at another bank
In addition, when you apply for an RBC Royal Bank premium card, both the applicant and co-applicant fees will be refunded. You receive this benefit once. Convenient for anyone who purchases from or works for our southern friends below the boarder, you will get two additional Canadian bank accounts and one U.S. bank account with the VIP account.
There are many other features for both these accounts so check them out online.
I am disappointed that RBC does not have a minimum balance where the fee is waived. As I recommended before, go with the RBC Signature No-Limit Banking account to keep your expenses down. There is no need to pay more than you have to per month. Now, after you register for the bank account, you need to complete one of two transactions:
- One (1) regular payroll or pension direct deposit to your account OR
- Two (2) Pre-authorized payments
Once the transactions appear in your new banking account, you qualify for the iPad Mini 2. You need to complete the bank account sign up by the 18th of September 2015 and the qualifying transactions by the 19th of October 2015 to be eligible for your free iPad Mini 2.
In order to qualify, you cannot currently have an existing Personal Banking Account with Royal Bank of Canada. I suggest reading up on all the fine print you can find through the link above. I have tried to summarize the most important bits for you. While I think this is a good offer, I would probably not stick long-term with a bank account that cost me money per months.
(Expiry: 18th September 2015)
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