PayPlan by RBC

PayPlan by RBC offers you an easy way to apply for financing. When you’re ready to buy, simply choose the PayPlan by RBC option in the checkout.

  • Affordable monthly plans. Pay for your purchase with equal monthly payments at competitive interest rates.

  • Transparent rates. There are no hidden fees. Payment plans range from 12-48 months. Available for purchases from $300 to $10,000.1

  • An easy application. You'll get a decision in seconds with no obligation to buy. Checking your rate won't affect your credit score.2

  • No prepayment penalties. Prepay at any time without penalty.

Click the link to see if you pre-qualify & view rates

Low Monthly Payments. Learn More.

How to use PayPlan by RBC™

Check out the FAQ, or contact us,
or call PayPlan Customer Relations Centre
at 1-844-915-2211, or e-mail

1The term is for a loan to finance a purchase. Rates range from 9.99% to 19.99% APR, resulting in, for example, 48 equal monthly payments of $25.26 to $30.43 per $1,000 borrowed. Subject to approval of credit application. Loans made by Royal Bank of Canada.

2Pre-qualifying for a PayPlan by RBC loan only results in a soft inquiry and will not affect your credit score. If you accept your loan terms and complete checkout, a hard inquiry will be performed which may have impact to your credit score. Future purchases will also result in a hard inquiry.

® / Trademark(s) of Royal Bank of Canada. Used under licence.

We also provide leasing and renting options through other partners.