• Newcomers

Get Your First Credit Card, Car Loan or Mortgage

Get Your First Credit Card, Car Loan or Mortgage

Get Your First Canadian Credit Card – No Credit History Required2

Start building your Canadian credit history today with an RBC® credit card today. No credit history is required 2. You can apply for an RBC Royal Bank® credit card – Visa or Mastercard. Two of our most popular credit cards with newcomers are:

RBC Cash Back Mastercard

RBC Cash Back Mastercard

  • No annual fee
  • Earn up to 2% cash back on grocery store purchases and up to 1% on everyday purchases22

RBC Rewards + Visa

RBC Rewards Visa Gold

  • No annual fee
  • 1 RBC Rewards point for every $1 spent on gas, grocery and drug store purchases with your card 23
  • 1 RBC Rewards point for every $2 you spend with your card on all other purchases 23
  • Receive 2,500 welcome RBC Rewards® points when you are approved for a RBC Rewards+ Visa card9

Talk to an RBC advisor to help you find the right credit card

  • PhoneOr call 1-800-769-2511 for service in over 200 languages.

Buy Your First Home in Canada – No Canadian Credit History Required5

Buying Your First Home In Canada – no credit history required

Buying a home is an important milestone for most Canadian families. And for many newcomers to the country, it can be an important step in becoming established here.

Before you start looking for a home you should

  • Choose the neighborhood that suits your lifestyle and needs. Your neighbourhood will provide you access to necessary amenities such as schools, medical services, and recreation. We have a simple, user-friendly tool that can help you shortlist the neighbourhoods that best match your needs, and also give you a better idea of the home prices in that area. Visit
  • Know how much your mortgage payments will be – what you can afford. Our easy-to-use mortgage calculators can provide an estimate. This will help you set a realistic price range for the home so you can balance your home ownership dreams with your lifestyle needs.

To make it easier to achieve your home ownership goal, we have tailored solutions to address the unique needs of Newcomers to Canada.

If you’ve lived in Canada for less than 5 years, you can take advantage of these great benefits:

  • No Canadian credit history required5
  • Qualification process designed for Newcomers to Canada
  • Amortizations available for up to 30 years24
  • Firm, fast credit approvals and a 120 day rate guarante6

Whether you are just starting to save for a down payment, or you're ready to buy your home now, an RBC mortgage specialist can make it easier for you reach your goal of owning a home.

Talk to a Mortgage Specialist

A mortgage specialist can meet with you anywhere to provide you expert advice and help with:

  • Your mortgage pre-approval
  • The purchasing process
  • Mortgage rate inquiries
  • Realtor referrals
  • Advice on how to build your down payment

Buy Your First Car in Canada – No Credit History Required4

Buying Your First Home In Canada

Most people in Canada borrow funds to purchase their first car, and with an RBC Royal Bank car loan, it is now easier than ever. Get on the road faster with an RBC Royal Bank car loan:

  • No Canadian credit history is required4 at a dealer
  • Take up to 60 months to pay back your loan4
  • Get flexible financing for new or used cars up to 4 years old4

Here's our checklist25 for buying your first car:

  • Research your car online
  • Know what you can afford for a monthly car payment
  • Get a car insurance quote
  • Do a test drive
  • If the vehicle is used make sure you get it inspected
  • If the vehicle is used make sure there are no liens on it

Getting Started is Easy!

Ask for an RBC Royal Bank car loan if you are planning on buying a new or used car through a dealer or privately.

  • PhoneOr call 1-800-769-2511 for service in over 200 languages

Find Flexible Credit Solutions for Your Needs

Borrowing Solutions For Newcomers

Whether you want to make a major purchase, buy a new or used car, renovate your home, or consolidate debt, we have the lending solutions for your needs and budget.

One of our most flexible loan options is the RBC Royal Credit Line®:

  • Save money with a low interest rate26
  • No annual or cash advance fee27
  • Flexible payment options that allow you to pay as little as interest only or more if you want to pay off your balance faster47
  • Easy 24/7 access to your funds
  • Optional LoanProtector® insurance28

Find Out Which Lending Options Are Right For You

  • PhoneOr call 1-800-769-2511 for service in over 200 languages.