It looks like RBC offers cross-border accounts, and while it appears that they offer Canadian residents US checking and credit cards, they don't appear to offer the reverse. Fortunately with so many no-FTF cards, it wouldn't make sense even as often as I get up there.
@K-in-Boston wrote:
@issac2x wrote:
@Anonymous wrote:
HSBC, Barclays along with the Royal Bank of Scotland allow US citizens to hold their products. No problems.Didn't know Royal Bank of Scotland allows us to have their products thanks Dinosaur.
"In August 2015 The Royal Bank of Scotland Plc, ceased its activity in USA."
Must be a UK resident for all cards, and a mainland UK resident for some of them.
Darn was interested to see their cards too. Thanks for the heads up K-in-Boston.
@K-in-Boston wrote:It looks like RBC offers cross-border accounts, and while it appears that they offer Canadian residents US checking and credit cards, they don't appear to offer the reverse. Fortunately with so many no-FTF cards, it wouldn't make sense even as often as I get up there.
Just googled them shame their cards look nice.
I would be afraid to do business with foreign banks. There are so many forms that you run across that ask about foreign interests, bank accounts, etc. I would be afraid to pop up on big brother's radar.
@kilroy8 wrote:I would be afraid to do business with foreign banks. There are so many forms that you run across that ask about foreign interests, bank accounts, etc. I would be afraid to pop up on big brother's radar.
Edit: Should have refreshed before I posted but yeah longtimelurker said it better then me.
@issac2x wrote:
@K-in-Boston wrote:It looks like RBC offers cross-border accounts, and while it appears that they offer Canadian residents US checking and credit cards, they don't appear to offer the reverse. Fortunately with so many no-FTF cards, it wouldn't make sense even as often as I get up there.
Just googled them shame their cards look nice.
Yeah, my vanity and ego want the RBC Avion Visa Infinite Privilege. A $399 AF card that apparently doesn't come with any of the reimbursements that would usually come with an AF like that. But it looks like it earns 1.25 RBC points that are worth 2 to 2.33 cpp on travel booked through their portal, so it's essentially a 2.5 - 2.92% back on travel card which could be pretty lucrative.
Also, here's something you'd never see on a US bank's credit card application page:
Please note, this premium card can impose higher acceptance costs on merchants.
@K-in-Boston wrote:
@issac2x wrote:
@K-in-Boston wrote:It looks like RBC offers cross-border accounts, and while it appears that they offer Canadian residents US checking and credit cards, they don't appear to offer the reverse. Fortunately with so many no-FTF cards, it wouldn't make sense even as often as I get up there.
Just googled them shame their cards look nice.
Yeah, my vanity and ego want the RBC Avion Visa Infinite Privilege. A $399 AF card that apparently doesn't come with any of the reimbursements that would usually come with an AF like that. But it looks like it earns 1.25 RBC points that are worth 2 to 2.33 cpp on travel booked through their portal, so it's essentially a 2.5 - 2.92% back on travel card which could be pretty lucrative.
Also, here's something you'd never see on a US bank's credit card application page:
Please note, this premium card can impose higher acceptance costs on merchants.
Hefty AF for an almost 3% but if you travel alot it I guess it could be worth it. Also I'm not familiar with the Infinite Privilege and if it has more benefits then the regular Infinite but it should factor into the favorability of the card as well.
Wow they actually noted that merchants could get charged higher fees. As you stated US banks would never do that and if they did it'd be buried in the card holder benefits pamphlet or something similar.
