Arginine-rich peptides and small-molecule intercalating agents utilize distinct molecular mechanisms for RNA recognition. Here, we combined these distinct binding modules in an effort to create conjugate ligands with enhanced affinity and specificity using the bacteriophage λ N peptide/boxB interaction as a model system. We first designed and synthesized a series of peptide-acridine conjugates using portions of the RNA-binding domain of N protein (11- and 22- residue peptide segments), then compared the binding affinity, specificity, salt dependence, and structural properties of the RNA-peptide and RNA-peptide-acridine conjugate complexes using steady-state fluorescence, CD spectroscopy, NMR, and native gel mobility shift assays (GMSA). These analyses revealed that the full-length peptide-acridine conjugate displayed substantially improved RNA-binding affinity (~80-fold; Kd ~ 15 pM) relative to the peptide alone (Kd ~ 1.2 nM). In accordance, we also observed specificity enhancement (~25-fold) as determined by comparing binding of the best conjugate to a cognate λ boxB RNA with that to a noncognate P22 RNA hairpin (80-fold vs. 3.2-fold enhancement). Furthermore, the observed binding enhancement was unique to the full length conjugate with a flexible linker, implying that the structural context of acridine presentation was critical. Taken together, our observations support the idea that peptide- and intercalation-based binding can be combined to create a new class of high-affinity, high-specificity RNA-binding ligands.