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Credit Access Line

You are preparing financially for your future. Then life happens.

Whether you need portfolio liquidity for an unexpected opportunity or expense, selling investments may compromise your other financial goals. With an RBC Credit Access Line offered by Royal Bank of Canada, you gain access to financing while maintaining your investment strategy. RBC Credit Access LineStrategic financing. Ready before you need it.

RBC Credit Access Line offers clients a strategic source of portfolio liquidity.

Features and benefits

  • Simplified, e-signature driven, account opening for clients.

  • Minimum line size is $75,000 and clients can draw as little as $1,000.

  • There are no fees to set up, maintain or cancel. And there are no penalties if the client never uses it. Clients pay nothing until they draw money from their credit line.

  • Streamlined underwriting; lines typically established in under 3 days.

  • Once approved, clients can access funds quickly via an online portal.

Variable Rates:

  • Loan repayment is flexible and easy.

  • Each month, the client’s only obligation is to pay the interest due. If desired, this can be done by rolling the interest due in to the principal balance.

  • The client determines when they pay down the principal.

  • The client can pay back the loan on their own terms when it suits them best, as long as their investment account continues to maintain or increase in overall lending value.

Fixed Rates:

  • Interest Only payments

  • Terms for 2, 3, 6, 12 months, or 2, 3, 4, 5 years

Based off of LIBOR, soon to be SOFR.

Lending Rates: 50–95% (generally 70% on U.S. equities, 80% on municipal bonds)

Eligible accounts: All non-qualified accounts (Note: Some restrictions may apply)

Loan term: Daily demand

Payment options: ACH (automatically deducted monthly) or check

*CAL Margin pricing change for February 2022

LIBOR All-In vs. SOFR All-In:

Line Size Current New

<$250K 4.00% 4.10%

$250-500K 3.50% 3.60%

$500K-1M 3.00% 3.10%

$1-2M 2.50% 2.60%

$2-3M 2.00% 2.10%

$3-5M 1.75% 1.85%

$5-10M 1.50% 1.60%

$10M+ Negotiated

(*There are various account types along with many different products. It is best to start a conversation about your needs.)

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