To Defer a Credit Card Payment in Online Banking?
From the Account Summary page, select your mastercard account. Select the “Need to defer a minimum payment thanks to COVID-19?” link slightly below the name of your mastercard , and follow the instructions. You can use this type to request us to temporarily waive the need for you to form the minimum payment on your credit cards for one month (deferring your payment), Rbc online banking mentioned because the relief period. this may provide some short-term financial relief to you during the COVID-19 situation. Rbc online banking It is important to know the impact of deferring your minimum payment. If no payments are made during the relief period, your minimum payment could also be higher at the top of the relief period. As well, interest will still accrue at your annual interest rates during the relief period. we’ll add your interest charges to your outstanding balance, along side any transactions, which can cause your outstanding balance to extend during the relief period. Rest assured