RBC Bank rates effective as of
Rbc Student Savings Account Interest Rate
- The interest rate is a low 0.05%, which is pretty low for a “high interest” savings account. There are other savings accounts available that have much higher permanent interest rates. Is there any monthly fee.
- You CAN have a tiny balance of RBF2010 in an RBC DI account. I currently hold RBF2010 at RBC Direct Investing in 2 TFSA accounts, 2 RSP accounts and 1 trading account. The TFSA accounts currently have 0.24 shares for a value of $2.40. I used to sell out the balance and then had to wait till I got $500 free cash to buy it back.
- From earning interest, smoothing out exchange rate fluctuations to saving for a down payment on a U.S. Property, a U.S. Savings account is a great complement to your day-to-day banking. Easy access to cash, interest earned.
One way to earn interest and save your money is through the RBC High Interest eSavings Account. This plan has $0 fee per month and offers a modest 0.05% interest rate on the amount in your balance. Another nice perk is that you do not need to keep a minimum balance in the account to earn interest. RBC Day to Day Savings Account. Save money on wire transfers and foreign exchange fees with a US loan from RBC Bank. We offer a personal and home equity line of credit and use your Canadian credit history to qualify you.
| Preferred Money Market Account5 | ||
|---|---|---|
| Balances | Rate | APY17 |
| Less than $10,000 | 0.15% | 0.15% |
| $10,000 – $24,999 | 0.15% | 0.15% |
| $25,000 – $49,999 | 0.15% | 0.15% |
| $50,000 + | 0.20% | 0.20% |
| Personal Savings Account5 | ||
|---|---|---|
| Balances | Rate | APY17 |
| Less than $10,000 | 0.05% | 0.05% |
| $10,000 – $24,999 | 0.05% | 0.05% |
| $25,000 – $49,999 | 0.05% | 0.05% |
| $50,000 + | 0.05% | 0.05% |
| Certificates of Deposit (CD)15 | ||
|---|---|---|
| Term | Rate | APY17 |
| 6 months | 0.15% | 0.15% |
| 1 year | 0.25% | 0.25% |
| 2 years | 0.30% | 0.30% |
| 3 years | 0.35% | 0.35% |
| 4 years | 0.40% | 0.40% |
| 5 years | 0.50% | 0.50% |
| Money Market Investment Account5 | ||
|---|---|---|
| Balances | Rate | APY17 |
| Less than $10,000 | 0.05% | 0.05% |
| $10,000 – $24,999 | 0.05% | 0.05% |
| $25,000 – $49,999 | 0.10% | 0.10% |
| $50,000 + | 0.10% | 0.10% |
| Premium Interest Checking Account* | ||
|---|---|---|
| Balances | Rate | APY17* |
| Less than $10,000 | 0.03% | 0.03% |
| $10,000 – $24,999 | 0.03% | 0.03% |
| $25,000 – $49,999 | 0.03% | 0.03% |
| $ 50,000 + | 0.03% | 0.03% |
| Preferred Checking Account* | ||
|---|---|---|
| Balances | Rate | APY17* |
| Less than $1,500 | 0.03% | 0.03% |
| $1,500 – $9,999 | 0.03% | 0.03% |
| $10,000 – $24,999 | 0.03% | 0.03% |
| $ 25,000 + | 0.03% | 0.03% |
Rbc High Interest Savings Account Interest Rate
| U.S. Business Money Market Savings5 | ||
|---|---|---|
| Balances | Rate | APY17 |
| $0.00 - $9,999.99 | 0.05% | 0.05% |
| $10,000 - $249,999.99 | 0.10% | 0.10% |
| $250,000.00 + | 0.15% | 0.15% |
Rbc Bank Savings Account Interest Rates
| Account Details | High Interest | Enhanced Savings | Day to Day | U.S. Savings |
|---|---|---|---|---|
| Overview | An online savings account offering high interestlegal bug 1 on every dollar | Tiered interestlegal bug 1 rates begin at balances of $5,000 or more | Tiered interestlegal bug 1 on every dollar saved | High interestlegal bug 1 on every U.S. dollar saved |
| Currency | Canadian | Canadian | Canadian | U.S. |
| Interest Ratelegal bug 1 | 0.050% | Tiered | Tiered | 0.050% |
| NOMI Find & Save | Accelerate your savings by turning on NOMI Find & Save in the RBC Mobile App | |||
| Monthly Debits Includedlegal bug 2 | 1 withdrawal from RBC Royal Bank ATM | 1 | 1 | 1 |
| Monthly Fee | Free | Free | Free | Free |
| Debits Exceeding Monthly Limits | $5.00 each | $2.00 each | $2.00 each | $3.00 eachlegal bug 6 |
| Free Transfers | Electronic self-serve transfers to any RBC Royal Bank personal deposits account in your name | |||
| Interac e-Transfer Transactions | $1.00 each | $1.00 each | $1.00 each | Not Available |
| Interac Access Fee at a Non-RBC Royal Bank ATM in Canadalegal bug 7 | $2.00 each | $2.00 each | $2.00 each | Not Available |
| PLUS System Access Fee at a Non-RBC Royal Bank ATM Within Canada and U.S.legal bug 7 | $3.00 each | $3.00 each | $3.00 each | Not Available |
| Plus System Access Fee at a Non-RBC Royal Bank ATM Outside Canada and U.S.legal bug 7 | $5.00 each | $5.00 each | $5.00 each | Not Available |
| Cross-Border Debitlegal bug 3, legal bug 4 | $1.00 each | $1.00 each | $1.00 each | Not Available |
| RBC International Money Transfer | Not Available | $6 fee for transactions of $1000 or less $10 fee for transactions over $1000 | $6 fee for transactions of $1000 or less $10 fee for transactions over $1000 | Not Available |
| Online & Mobile Banking | Free | Free | Free | Free |
| Telephone Banking | Free | Free | Free | Free |
| eStatement and eNotifications including Cheque Images Viewed Online Less Than 90 Days Old | Free | Free | Free | Free |
| Monthly Paper Statement (Consolidated / Combinedlegal bug 5) | Not Available | Free | Free | Not Available |
| Cheque Images Returned With Paper Statement | Not Available | $2.50 per monthly cycle | $2.50 per monthly cycle | Not Available |
| Sign Me Up for RBC High Interest eSavings | Sign Me Up for Enhanced Savings | Sign Me Up for Day to Day Savings | Sign Me Up for U.S. High Interest eSavings | |
| Learn More about High Interest account | Learn More about Enhanced Savings account | Learn More about Day to Day account | Learn More about U.S. Savings account | |