Royal Bank of Canada logo
Ranked #1Traditional Banks

Royal Bank of Canada

One of Canada's largest banks, providing personal, commercial, and investment banking services worldwide.

4.7 / 5 Trust 62/100 CanadaFounded 1864

Our review

Royal Bank of Canada has earned a top spot in the traditional banks category thanks to its combination of competitive pricing, strong regulatory standing, and consistently positive customer feedback. Below is our independent breakdown of where it excels — and where you should pay attention before opening an account.

Pros

  • Independently verified
  • Transparent fee structure
  • Strong customer support
  • Trusted by millions

Cons

  • Limited availability in some regions
  • Premium features require paid plan

Key features

What customers say

"Honestly the best experience I've had with Royal Bank of Canada. Transfers arrive in minutes."

Sara T.

"Customer support is responsive and the fees are exactly as advertised."

James R.