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Digital Value Program

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

In order to earn a monthly fee rebate, which two new categories are now available to clients?

a)

A personal credit card and mortgage.

b)

A residential mrtg – i.e. the RBC Homeline Plan & a business relationship.

c)

Two active banking accounts

d)

A personal investment such as a GIC and an RBC Direct Investing account.

2.

In order to earn monthly account fee rebates, what monthly activities would a client need to complete?

a)

Making an e-Transfer.

b)

Monthly cash withdrawal from an ATM.

c)

Setting up a monthly bill payment and direct deposit to the bank account..

d)

Using debit card for purchases at POS or by using Virtual Visa Debit card.

3.

Eligibility for rebates and points earned in a given month will be evaluated on the _____ day of the subsequent month.

a)

5th

b)

1st

c)

15th

d)

Last

4.

Can you view your statements immediately after switching to Electronic Preference?

a)

No, I can only view statements moving forward from the date I switch

b)

I can view the past 6 months of statements from the date I switch

c)

I can view up to 7 years of historical statements 2 business days after switching.

d)

I can view up to 7 years of historical statements immediately after switching

5.

How many $ should be in the investment account to be considered as an active product in the value program.

a)

500

b)

100

c)

5000

d)

1000

6.

Is a homeline plan considered as an eligible mortgage for the Value Program?

a)

TRUE

b)

FALSE

7.

CERB and EI do not qualify as direct deposit for value program rebate.

a)

TRUE

b)

FALSE

8.

The new Value Program provides clients with:

a)

Free unlimited bank drafts

b)

Rebates on their monthly account fees

c)

RBC Rewards points for shopping with debit

d)

Option 3 and 4

9.

Can the client earn rewards by Pre- Authorized Debit?

a)

TRUE

b)

FALSE

10.

As you continue to get to know your client, you find out that they are trying to save money towards a large purchase but are finding it hard to establish the savings routine, what digital solution(s) could you show your client prior to recommending an appointment with a colleague?

a)

Online Banking

b)

Direct Investing

c)

Nomi Find and Save

d)

RBC InvestEase