RBC Premier Line of Credit
The RBC Premier Line of Credit is available through the U.S. Branch of Royal Bank of Canada. Your financial advisor will work closely with a dedicated credit specialist to ensure your cash flow needs are met while maintaining the integrity of your investment portfolio. Features include:
- A revolving line of credit secured by one or more of your eligible investment accounts held at RBC Wealth Management.
- The value and type of your eligible securities portfolio determines the amount of your RBC Premier Line of Credit.
- Interest rates may be locked in for periods ranging from one month to one year.
- Competitive interest rates are LIBOR-based. LIBOR is the interest rate that the world's largest international banks charge each other for loans. Historically, the LIBOR rate has been about 2% lower than the prime rate, the interest rate that U.S. banks charge to their most creditworthy customers.
- No organization or servicing fees.
Ask your financial advisor about solutions to help meet your credit needs.
Important disclosure information about RBC Premier Line of Credit
