Royal Bank of Canada (RBC) has become well known for its tech-focused promotions, including its popular Free iPad program. Aimed at attracting new clients, this offer gives eligible users a chance to receive a brand-new iPad, simply by opening a qualifying bank account and completing a few required steps. Here’s everything you need to know about how to get a free iPad through RBC.
What Is the RBC Free iPad Program?
The RBC Free iPad Program is a limited-time promotional campaign that rewards new customers with a complimentary iPad when they open an eligible chequing account and meet specific conditions. While promotions vary by year, the free device has historically included Apple’s 10.2-inch iPad (9th or 10th generation).
This initiative is part of RBC’s marketing strategy to encourage people to switch banks and start long-term relationships with their financial services.
About RBC (Royal Bank of Canada)
RBC is one of Canada’s largest and most trusted banks, serving over 17 million clients across personal and commercial banking, wealth management, and insurance. Known for innovative promotions and strong customer service, RBC often offers exclusive tech giveaways such as iPads, Apple Watches, and even MacBooks to new clients.
Who Is Eligible for the Offer?
To qualify for the RBC Free iPad promotion, you must meet the following criteria:
- Be a new RBC client (must not have held an RBC personal chequing account in the last 5 years)
- Be a resident of Canada
- Be the age of majority in your province or territory
- Open a qualifying account during the promotional period
- Complete the required banking activities within a specified timeframe
Each individual is only eligible for one device per offer period, and joint accounts are not eligible for multiple rewards. Check eligibility here.
What Kind of iPad Is Offered?
The device offered may vary depending on the year’s promotion, but RBC has commonly provided:
- Apple iPad (9th or 10th Generation)
- 10.2 to 10.9 inches
- 64 GB Wi-Fi model
- Latest iOS version
- Choice of colors (space gray, silver, or blue depending on stock)
In some special upgrade cases (discussed below), customers could receive an iPad Pro or even a MacBook Air.
How to Apply for Free iPad from RBC?
Follow these steps to participate in the RBC Free iPad Program:
1. Open a Qualifying RBC Account
Open one of the following accounts during the promotional period:
- RBC Signature No Limit Banking
- RBC VIP Banking
These accounts come with monthly fees ranging from CAD 16.95 to 30.00, although RBC offers rebates for youth, seniors, or bundled services.
2. Complete Required Banking Activities
Within 60–90 days of account opening, you must complete two of the following:
- Set up a recurring payroll or pension direct deposit
- Make two eligible pre-authorized payments
- Pay two separate bills using RBC Online Banking or the mobile app
These actions must remain active for the promotional holding period (usually one year). Alternatively, click here to apply.
3. Wait for Verification
RBC will verify whether all steps are completed correctly. Once confirmed, you will receive a custom email with a redemption link to select your iPad and enter shipping details.
4. Receive the iPad
Your iPad will be shipped to your residential address in Canada (no P.O. boxes). Delivery usually takes 2–4 weeks after confirmation.
Optional Upgrades – iPad Pro or MacBook
In some versions of the promotion, customers could upgrade their free reward by:
- Depositing at least CAD 50,000 into an eligible RBC investment account (RRSP, TFSA, FHSA, RESP, or non-registered)
- Maintaining that deposit for at least one year
In return, RBC offered a higher-value reward such as:
- iPad Pro (11-inch, 256 GB)
- MacBook Air (M2 or M4 chip, 256 GB)
These upgrades are ideal for customers already looking to invest or consolidate funds at RBC.
Terms, Conditions & Important Reminders
Here are essential points to remember before you apply:
Holding Period
You must maintain your account and qualifying transactions for at least 12 months. Closing the account early or stopping deposits could disqualify you or result in the device’s cost being charged back.
Monthly Fees
- Signature: CAD 16.95/month
- VIP: CAD 30/month
Fee waivers are available through RBC’s Value Program, multi-product discounts, or maintaining minimum balances.
Tax Reporting
The fair market value of the iPad may be considered a taxable benefit. RBC may issue a T4A slip for the value of the device.
Limitations
- Only one device per person (even across different RBC accounts)
- Joint accounts are not eligible for multiple devices
- Program may end early based on availability or RBC’s discretion
Program Timeline
- Promotions usually run for 60–90 days
- Past iPad offers ended as recently as December 2024
- Current or future promos may include Apple Watch or other devices instead
Always check the official RBC promotions page to see the latest offer.
Final Thoughts
The RBC Free iPad offer is one of the most generous tech incentives available through Canadian banks. For anyone already considering switching banks or investing with RBC, this program can provide real value with minimal effort—especially when combined with regular banking needs.
Before applying, make sure to:
- Understand the full cost of account maintenance
- Complete the required transactions on time
- Monitor your inbox for the redemption email
And remember, offers change frequently, so check eligibility and timelines before enrolling.
