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TERMS AND CONDITIONS OF THE RBC
INVESTEASE SUMMER CASH BACK PLUS OFFER

The ‘Summer Cash Back Plus’ Offer (the “Offer”) is subject to the following terms and conditions:

Only the following individuals are Eligible to participate in the Offer. You must –

  • a) be a new RBC InvestEase client. A new client is a client that has not had an RBC InvestEase account before the first day of the Offer Period (defined below);
  • b) open one or more eligible RBC InvestEase account(s) (defined below) during the Offer Period (defined below); and
  • c) be a Canadian resident and at least the age of majority in your province/territory at the time of opening the Eligible Account(s).

You could receive a 1% Cash Reward if you satisfy the Qualifying Requirements under the Offer.

Qualifying Requirements to Receive the 1% Cash Reward

1. Open an Eligible Account during the Offer Period

  • Open one or more new RBC InvestEase account(s) (“Eligible Account(s)”) between July 25th, 2024 and September 26th, 2024 inclusive (the “Offer Period”).

  • Eligible Accounts include:

    • Non-Registered (single account holder)
    • Tax-Free Savings Account (single account holder) (TFSA)
    • Registered Retirement Savings Plan (single account holder) (RRSP)
    • First Home Savings Account (single account holder) (FHSA)

2. Transferred Assets

  • Transfer or deposit a minimum of C$15,000 (Fifteen Thousand Canadian Dollars) from another financial institution not affiliated with RBC (“Transferred Assets”) into your new Eligible Account(s) by October 26th, 2024 inclusive (the ‘Funding Deadline’).
  • Transfers originating from a financial institution that is affiliated with RBC will not qualify under the Offer. Financial institutions that are affiliated with RBC include: Royal Mutual Funds Inc., RBC Direct Investing Inc., RBC Dominion Securities Inc., RBC Dominion Securities Global Inc., Philips, Hager & North Investment Funds Ltd., Philips, Hager & North Investment Services, RBC Philips, Hager & North Investment Counsel Inc, Royal Trust Corporation and the Royal Trust Company.
  • Transfers or deposits received into your Eligible Account(s) after the Funding Deadline will not qualify under the Offer.
  • RBC InvestEase will only accept transfers in-cash. RBC InvestEase cannot accept transfers in-kind.
  • You must maintain at least the minimum amount of Transferred Assets required under the Offer (i.e., C$15,000) in your Eligible Account(s) until November 14th, 2025 inclusive.

3. Net Transferred Assets

  • You must maintain at least the minimum amount of Transferred Assets required under the Offer (i.e., C$15,000) in your Eligible Account(s) until November 14th, 2025 inclusive.
  • If you withdraw, deregister, or transfer out assets from your Eligible Account(s), such amounts will be subtracted from the amount of your Transferred Assets in order to determine your Net Transferred Assets.
  • Your ‘Net Transferred Assets’ are the Transferred Assets received into your Eligible Accounts on or before the Funding Deadline, less any withdrawals, de-registrations, or transfer-outs between July 25th, 2024 and November 14th, 2025.
  • Any assets that are deposited or transferred into your Eligible Account(s) after the Funding Deadline do not form part of the Transferred Assets and the value of those assets may be withdrawn without affecting the calculation of your Net Transferred Assets.
  • If your Net Transferred Assets drop below the minimum C$15,000 required on or before November 14th, 2025, no Cash Reward will be granted.
  • Your Net Transferred Assets will be determined on November 14th, 2025.
  • Market fluctuations will not impact the calculation of your Net Transferred Assets.

4. Receiving the 1% Cash Reward

If you satisfy all 3 Qualifying Requirements listed above -

  • You will receive a 1% Cash Reward, being 1% of your Net Transferred Assets as determined on November 14th, 2025.
  • The Cash Reward will be paid in Canadian dollars in December, 2025 (the “Payout Date”).
  • Where your Transferred Assets are deposited or transferred to a single Eligible Account, the Cash Reward will be deposited into that account.
  • Where you open multiple Eligible Accounts, the Net Transferred Assets will be calculated by combining the value of the Net Transferred Assets in all your Eligible Accounts. The Cash Reward will be divided and deposited to each Eligible Account in proportion to the value of the Net Transferred Assets in each account.
  • The maximum Cash Reward payable to a client under the Offer is C$10,000 (Ten Thousand Canadian Dollars).
  • For registered plans, Cash Rewards are not considered contributions and will not impact your contribution limits.

For example:

If you open two Eligible Accounts, with C$10,000 in Account A and C$47,000 in Account B, and you do not withdraw or transfer out any amounts, on November 14th, 2025 your Net Transferred Assets will be C$57,000. Your 1% Cash Reward will be calculated on your Net Transferred Assets, being the cumulative value of C$57,000 in the two accounts, will be C$570. The C$570 will be paid proportionally into Account A and B.

Other Terms that Apply to the Offer:

  • To receive the 1% Cash Reward you must keep your Eligible Account(s) open, funded and operating in accordance with the RBC InvestEase Investment Management Agreement.
  • This Offer is non-transferable and cannot be combined with any other RBC InvestEase offer or promotion.
  • In the event that you cease to qualify for the Cash Reward, RBC InvestEase reserves the right not to pay the Cash Reward.
  • Terms and conditions applicable to the Offer are subject to change without notice at the sole and absolute discretion of RBC InvestEase. This Offer may be restricted, withdrawn or extended at any time without notice at the sole discretion of RBC InvestEase.
  • RBC InvestEase reserves the right to disqualify, limit or revoke the Offer in respect of any RBC InvestEase client who it determines or believes is abusing or manipulating the Offer.
  • RBC InvestEase general Pricing Terms and Conditions apply. You will be solely responsible for the payment of any applicable fees, penalties, charges or other amounts associated with or connected to the Offer or with the transfer of any assets to an Eligible Account.
  • You are responsible for reviewing the contribution room available in registered plan accounts (i.e., TFSA, FHSA and RRSP) you hold before effecting any deposit into an RBC InvestEase account. You are solely responsible for any excess contribution penalty or other tax consequence that may arise from making a deposit into your RBC InvestEase account(s). Please consult your personal tax advisor for more information and advice.
  • There may be tax implications associated with the payment of the Cash Reward into your RBC InvestEase account(s). You will be solely responsible for any tax consequences associated with the Offer and/or the transfer of any assets into the Eligible Account(s). Please consult your personal tax advisor for more information and advice.
  • You may opt out of the Offer at any time by notifying RBC InvestEase at 1-800-769-2531.

RBC InvestEase is a restricted portfolio manager providing access to model portfolios. Other products and services may be offered by one or more separate corporate entities that are affiliated to RBC InvestEase Inc., including without limitation: Royal Bank of Canada, RBC Direct Investing Inc., RBC Dominion Securities Inc., RBC Global Asset Management Inc., Royal Trust Corporation of Canada and The Royal Trust Company. RBC InvestEase Inc. is a wholly-owned subsidiary of Royal Bank of Canada and uses the business name RBC InvestEase. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. Used under licence.

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