Sign In. , RBC Global Asset Management Inc. 8% and is only applicable to deposits made in the Eligible eSavings Account for 3 months (90 days) from the date the Eligible eSavings Account was opened (the “Promotional Period”) and up to a maximum of $1,000,000 of the Eligible eSavings Account’s total balance. The Alterna Bank High Interest eSavings Account features a good regular interest rate of 2. (Member–Canadian Investor Protection Fund), RBC InvestEase Inc. Bank drafts can be used to make a payment to a third party, both in Canada and abroad 1 and are available for a fee of $9. Save up to $11. Discover how each of these accounts can help you reach your goals—and remember, you don’t have to pick just one! 1. Transfer money between your RBC U. 8% within the RBC New eSavings Client Bonus Interest Rate Offer (“Offer”) is available to Eligible Clients who were not the Primary Owner of an RBC High Interest eSavings Account at any time before the beginning of the Qualifying Period (as defined below), and who open a new RBC High Interest eSavings account. If you are an RBC Online Banking 1 client (either personal or business), you can deposit funds directly into the accounts of other RBC Royal Bank clients. This account also pays bonus interest of 5. , RBC Global Asset Management Inc. Only at RBC. 7%: Minimum balance: $0: Monthly fee: $0:. You cannot send an International Money Transfer from a U. . 60% annual interest rate, this account will pay you approximately $160 after a year when you deposit $10,000. RBC Royal Bank Routing/ABA number (if funds coming from U. The downside to having an online bank savings account is that when you need your money it. S. S. The RBC U. 24: One certificate per customer. RBC Enhanced Savings: The interest rate increases as your balance exceeds $5,000. The RBC High Interest eSavings account also offers a 1. With an eligible CAD bank account at a Canadian financial institution, you can send, request and receive money any time by using the Interac e-Transfer service available in RBC Online Banking 1 or the RBC Mobile 1 app. Royal Bank of Canada RY-T, the country’s largest bank, is no longer blocking investors from buying high-interest cash funds from its discount trading platform. GIC rates are influenced by Bank of Canada interest rate decisions, but more so by the bond market. The RBC High Interest eSavings account pays high interest on every dollar you save with no minimum deposit requirements. 00 per month plus applicable Overdraft Interest. 150%. Compounding interest can be defined as “interest on interest. Conditions apply. The Eligible RBC High Interest eSavings account must remain open as of the Cash Bonus deposit dates in order to receive the Cash Bonuses. S. Simple interest, on the other hand, is interest paid on your initial savings only. Unlimited transfers to your other RBC accounts 6. For a limited time, open an RBC U. ”. bank account and credit card balances. Is a resident of Canada and of the age of majority in the province in which they reside as of the date the Eligible eSavings. Free access to RBC Online. 3. Key Features. As of the start of the Promotional Period (February 15, 2022), the annual Bonus Interest Rate is 1. Interest Rate Definitions: “Bonus Interest Rate” is the increment over the Regular Interest Rate applicable to the Eligible eSavings Account. You can set up the account to automatically move money from. 5. The Bonus Interest Rate of 3. $ 30. 8% within the RBC New eSavings Client Bonus Interest Rate Offer (“Offer”) is available to Eligible Clients who were not the Primary Owner of an RBC High Interest eSavings Account at any time before the beginning of the Qualifying Period (as defined below), and who open a new RBC High Interest eSavings account. The Offer is only applicable to new funds (as described in the full Terms & Conditions) of up to $1,000,000 (from non-RBC sources) deposited into an Eligible RBC High Interest eSavings Accounts from May 10, 2023 to August 15, 2023. Withdraw your money at any time for any reason 2. 05. As of the start of the Promotional Period (August 10, 2022), the annual Bonus Interest Rate is 3. Here’s why 60% of Canadians invest in a TFSA 1: Pay no taxes on any investment earnings 4. View Details about Low Monthly Fee Operating Account. Just keep in mind that as a straight-ahead savings account isn’t suitable for day to day banking since it only offers one. , Royal Trust Company or The Royal Trust Corporation of Canada The RBC High Interest eSavings Account is a fee-free online account that lets you earn 1. S. RBC is one of Canada's biggest banks, and in terms of market capitalization, it's one of the largest in the world. 00 each and. Provision or acceptance of Bank of Canada notes and coins. , RBC Direct Investing Inc. Closed or switched accounts will be disqualified from this offer as of the closed or switched date. 1 Products and services may be offered by Royal Bank of Canada or by a separate corporate entity affiliated with Royal Bank of Canada, including but not limited to Royal Mutual Funds Inc. ” 2. Including ATM and unassisted telephone fund transfers, from this account to any other RBC Royal Bank personal deposit account in your name. Move money between your business chequing and savings accounts easily. Valid until December 22, 2023 . 05%. S. You can make the minimum payment only or pay down your balance if you want to at any time. , RBC Global Asset Management Inc. dollar account or the RBC High Interest eSavings account. 70% Bonus offer: extra 3. 8% within the RBC New eSavings Client Bonus Interest Rate Offer (“Offer”) is available to Eligible Clients who were not the Primary Owner of an RBC High Interest eSavings Account at any time before the beginning of the Qualifying Period (as defined below), and who open a new RBC High Interest eSavings account. Here are current popular purchase and switch rates for select fixed and variable rate closed term mortgages: Term. 8% and is only applicable to deposits made in the Eligible eSavings Account for 3 months (90 days) from the date the Eligible eSavings Account was opened (the “Promotional Period”) and up to a maximum of $1,000,000 of the Eligible eSavings Account’s total balance. , RBC Global Asset Management Inc. 8% within the RBC New eSavings Client Bonus Interest Rate Offer (“Offer”) is available to Eligible Clients who were not the Primary Owner of an RBC High Interest eSavings Account at any time before the beginning of the Qualifying Period (as defined below), and who open a new RBC High Interest eSavings account. The Bonus Interest Rate on August 3, 2023 was 3. , RBC Global Asset Management Inc. Reasons to Invest in an FHSA: Use it to save up to $40,000 for your first home. 0. Search. RBC Enhanced Savings: The interest rate increases as your balance. Free unlimited Interac e-Transfer ‡ transactions 3 3a. The Bonus Interest Rate of 3. 5% interest 26,27 for 3 months when you open your first RBC High Interest eSavings account. Potentially reduce your tax bill and carry forward undeducted contributions indefinitely. Withdraw your money at any time for any reason 2. Search. RBC High Interest eSavings: 5. Search RBC Bank. To get started, simply move your money into your eligible account which you can do. s. Notwithstanding the terms and conditions of any separate. All remaining cash bonuses will be forfeited. . , Royal Trust Company or The. I think it was 1. 5 Year Fixed. The Bonus Interest Rate of 3. $ 22. “Saving and investing for the long. S. If you need to pay RBC a monthly fee for having that high interest savings account, then opt for an online bank such as EQ Bank whose savings account offers a 2. (Member–Canadian Investor Protection Fund), RBC InvestEase Inc. High Interest eSavings doesn't allow cheques and doesn't allow ATM access at other than RBC ATM's. No annual fee. Borrowing Resources. Sign In. When you open a Signature No Limit Banking or VIP Banking account 1. 8% and is only applicable to deposits made in the Eligible eSavings Account for 3 months (90 days) from the date the Eligible eSavings Account was opened (the “Promotional Period”) and up to a maximum of $1,000,000 of the Eligible eSavings Account’s total balance. (Member–Canadian Investor Protection Fund), RBC InvestEase Inc. RBC High Interest eSavings Account. 50. (Member–Canadian Investor Protection Fund), RBC InvestEase Inc. 8% within the RBC New eSavings Client Bonus Interest Rate Offer (“Offer”) is available to Eligible Clients who were not the Primary Owner of an RBC High Interest eSavings Account at any time before the beginning of the Qualifying Period (as defined below), and who open a new RBC High Interest eSavings account. In this episode of Inspired Investor Talk, the Vice President & Managing Director of RBC Phillips, Hager & North Investment Counsel Inc. 0%. RBC US Dollar High-Interest eSavings Accounts. View Legal Disclaimers Hide Legal Disclaimers . 7. 1 Products and services may be offered by Royal Bank of Canada or by a separate corporate entity affiliated with Royal Bank of Canada, including but not limited to Royal Mutual Funds Inc. Feature. The RBC High Interest eSavings account maximizes your savings with a high interest rate and free online transfers to your RBC Royal Bank accounts. (Member–Canadian Investor Protection Fund), RBC InvestEase Inc. It’s easy to do. , RBC Global Asset Management Inc. DEFINITIONS “Bonus Interest Rate” is the increment over the Regular Interest Rate in the Eligible eSavings Account. 1 Products and services may be offered by Royal Bank of Canada or by a separate corporate entity affiliated with Royal Bank of Canada, including but not limited to Royal Mutual Funds Inc. RBC TFSA RBC High Interest eSavings; Purpose: A registered account for tax-free earnings and withdrawals: High interest-earning account: Interest rate: 0. 4. , Royal Trust Company or The. Interest Rate Definitions: “Bonus Interest Rate” is the increment over the Regular Interest Rate applicable to the Eligible eSavings Account. High Interest eSavings; Enhanced Savings; Day to Day Savings; US Savings; Leo’s. 99% if you reside in Quebec). Visit a Branch Opens in new window. With RBC Vantage, you can unlock rewards, savings, insights and more with any eligible bank account. Follow the on-screen instructions. High Interest eSavings Account lets you earn interest. 8% and is only applicable to deposits made in the Eligible eSavings Account for 3 months (90 days) from the date the Eligible eSavings Account was opened (the “Promotional Period”) and up to a maximum of $1,000,000 of the Eligible eSavings Account’s total balance. Find a Branch; Call 1-800-769-2511; Email; EN. 2023/07/13. Find a Branch; Call 1-800-769-2511; Email; EN. 7% and free electronic self-serve transfers to any RBC Royal Bank deposit account under your name. 8% within the RBC New eSavings Client Bonus Interest Rate Offer (“Offer”) is available to Eligible Clients who were not the Primary Owner of an RBC High Interest eSavings Account at any time before the beginning of the Qualifying Period (as defined below), and who open a new RBC High Interest eSavings account. Research, pick and manage your own investments. $0; $1000 deposit required to open. You can also enter a name to search, if the company is registered, it'll appear. 00. 50% interest for 3 Months when you open your first RBC High Interest eSavings account. , RBC Global Asset Management Inc. ):. 8% within the RBC New eSavings Client Bonus Interest Rate Offer (“Offer”) is available to Eligible Clients who were not the Primary Owner of an RBC High Interest eSavings Account at any time before the beginning of the Qualifying Period (as defined below), and who open a new RBC High Interest eSavings account. 60% promo interest rate . 80%:1 Products and services may be offered by Royal Bank of Canada or by a separate corporate entity affiliated with Royal Bank of Canada, including but not limited to Royal Mutual Funds Inc. —. 6. The Bonus Interest Rate of 3. ” is the interest rate for the eSavings Account posted on our RateSetter. For more information on the RBC Value Program please visit:. S. Interest Rate Definitions: “Bonus Interest Rate” is the increment over the Regular Interest Rate applicable to the Eligible eSavings Account. Additionally, different types of transfers have varying prices. legal bug. , RBC Global Asset Management Inc. Promotional rate Bonus Offer. Enrol your account in the Value Program to get a minimum of 1 Avion point for every $10 you spend in-store and online using your enrolled account. 95 per month. 500. Free electronic self-service transfers 24/7 with no delay 2. dollar saved: Currency: Canadian: Canadian: Canadian: U. Contact Us. 80%. Grow Your Investments Faster with a TFSA, RRSP or FHSA. Offer Ends January 3, 2024. To get started, simply move your money into your eligible account which you can do in a number of ways: Directly transfer funds from another financial institution. Search RBC. View Legal Disclaimers. Table of Contents. The Bonus Interest Rate on August 3, 2023 was 3. dollar 1. 8% and is only applicable to deposits made in the Eligible eSavings Account for 3 months (90 days) from the date the Eligible eSavings Account was opened (the “Promotional Period”) and up to a maximum of $1,000,000 of the Eligible eSavings Account’s total balance. Start Application Online. The RBC High Interest eSavings account pays high interest on every dollar you save with no minimum deposit requirements. I think it was 1. 7. 2. (Member–Canadian Investor Protection Fund), RBC InvestEase Inc. , Royal Trust Company or The. This account has the highest interest rate among all RBC savings accounts. 4. The Bonus Interest Rate on August 3, 2023 was 3. 3. dollar account or an RBC High Interest eSavings account. The Bonus Interest Rate of 3. S. Notwithstanding the terms and conditions of any separate. All remaining cash bonuses will be forfeited. Stay away. 7. Introducing RBC Vantage. To set up a pre-authorized payment, please contact the merchant directly and they will specify which information they need. If you are looking to invest in a high-interest savings ETF, CI’s CSAV ETF is a great choice to consider. When it comes to saving for the future, many Canadians use a tax-smart registered account such as a TFSA, RRSP or FHSA. The Bonus Interest Rate on August 3, 2023 was 3. 99%; Cash Advance Interest Rate: 22. Unlock More from Your Everyday Banking. Closed or switched accounts will be disqualified from this offer as of the closed or switched date. Any balances over. RBC New eSavings Client Bonus Interest Rate Offer Terms and Conditions Interest Rate Definitions: “Regular Interest Rate” means the interest rate ordinarily applicable to the RBC High Interest eSavings Account. , Royal Trust Company or The. 70%, much less than what you’d earn with the EQ Bank Saving Plus Account (3. Unlimited withdrawals in Canada 5, including ATM 6, debit transactions and bill payments. The Regular Interest Rate is subject to change without notice, and the most current rate is posted on our Personal Accounts Interest Rates. The Bonus Interest Rate on August 3, 2023 was 3. S. View Legal Disclaimers. 2. (Member–Canadian Investor Protection Fund), RBC InvestEase Inc. dollars, this online savings account offers you the following: High interest on every U. 490%. 5% interest on every dollar for 3 months. And it comes free of cost and you need only do everything online. No minimum balance required. Add a New Credit Card to Compare. Unlock more from your everyday banking. High Interest eSavings account and get a cash bonus of up to $5,000 USD —plus earn interest on every dollar, every day. You'll get a one-time cash bonus equivalent to ten times the amount of interest you earned in. No minimum deposit is required; No monthly fees are chargedThe Bonus Interest Rate of 3. Carry forward any unused contribution room from the prior years for as long as you have the account. (Member–Canadian Investor Protection Fund), RBC InvestEase Inc. , RBC Direct Investing Inc. Annual Fee Rebate. “Promotional Interest Rate” is the Bonus Interest Rate plus the Regular Interest Rate. Enjoy free account transfers, free access to online and mobile banking, and a powerful digital service called MyAdvisor. 8% within the RBC New eSavings Client Bonus Interest Rate Offer (“Offer”) is available to Eligible Clients who were not the Primary Owner of an RBC High Interest eSavings Account at any time before the beginning of the Qualifying Period (as defined below), and who open a new RBC High Interest eSavings account. The RBC High Interest eSavings account RBC’s HISA currently offers an interest rate of 1. You can deposit the amount you want into your account as there is no minimum deposit required. Definitions: “Bonus Interest Rate” is the increment over the Regular Interest Rate in the Eligible eSavings Account. "The 2. Overdraft Protection fee waived. The RBC High-Interest eSavings Account can be defined as a high-interest savings account (HISA). S. To cancel pre-authorized payments we suggest you contact the merchant directly and provide an alternate method of payment. Special Offers. View Legal Disclaimers. Earn 5. Get up to 6% cash back on a new RBC Cash Back MasterCard for the first 3 months. Can't order a bank draft online or by phone. , RBC Global Asset Management Inc. The Bonus Interest Rate on August 3, 2023 was 3. Enrol your account in the Value Program to get a minimum of 1 Avion point for every $10 you spend in-store and online using your enrolled account. Call Toll-Free: 1-866-756-1107. , RBC Global Asset Management Inc. The Bonus Interest Rate of 3. Overdraft protection 5, 46. S. From the Online Banking homepage select "view all account balances" under the Banking header. RBC Royal Bank requires a branch visit to obtain a bank draft. E-transfers are $1. Available. 00 $3. RBC ION+™ Visa ‡. RBC’s Royal Bank High Interest eSavings Account is an online savings account that offers a competitive annual interest rate. Bank accounts. View Offer Details. 4) Additional service fees by any intermediary and receiving bank may apply. RBC Enhanced Savings RBC High Interest eSavings RBC US High Interest eSavings®1 Monthly Fee2 $4. We’ve given the RBC High Interest eSavings account a Genius Rating of 3. 8% and is only applicable to deposits made in the Eligible eSavings Account for 3 months (90 days) from the date the Eligible eSavings Account was opened (the “Promotional Period”) and up to a maximum of $1,000,000 of the Eligible eSavings Account’s total balance. High interest my ass. We’ve given the RBC High Interest eSavings account a Genius Rating of 3. Royal Bank Prime. RBC’s Royal Bank High Interest eSavings Account is an online savings account that offers a competitive annual interest rate. To get this high-interest rate, you have to open an RBC High-Interest eSavings account on February 28, 2023, by 3 pm EST. N/A. Making and Receiving Payments. APR 2. and Canadian accounts instantly – for free 8. C. 8% and is only applicable to deposits made in the Eligible eSavings Account for 3 months (90 days) from the date the Eligible eSavings Account was opened (the “Promotional Period”) and up to a maximum of $1,000,000 of the Eligible eSavings Account’s total balance. The RBC High Interest eSavings account maximizes your savings with a high interest rate and free online transfers to your RBC Royal Bank accounts. Any balances over. RBC TFSA RBC High Interest eSavings; Purpose: A registered account for tax-free earnings and withdrawals: High interest-earning account: Interest rate: 0. Looking at my monthly statement, I noticed the money I have stashed in my high interest savings account went from $18CAD monthly return to about $1CAD. View Interest Rates. EQ Bank TFSA Savings Account. Simply open your first RBC High Interest eSavings account by August 31, 2021 to get 1% interest (on balances up to $1,000,000) for the first 3 months 2. 7% really isn’t that great. That’s almost two-thirds (63. The Bonus Interest Rate of 3. legal bug. 5% within the RBC New eSavings Client Bonus Interest Rate Offer (“Offer”) is available to Eligible Clients who were not the Primary Owner of an RBC High Interest eSavings Account at any time before the beginning of the Qualifying Period (as defined below), and who open a new RBC High Interest eSavings account. 50% for a three-month period. Talk to an advisor for one-on-one investment advice, help making a plan and. Tax-Free Savings Account (TFSA) Registered Retirement Savings Plan (RRSP) Tax-Free First Home Savings Account (FHSA) Display All. (Member–Canadian Investor Protection Fund), RBC InvestEase Inc. On May 15, 2018, the Regular Interest Rate was 0. Special Offers. S. 50%: $0: CDIC: Saven Financial High-Interest Savings Account (Ontario only) 3. Contribute tax-free for up to 15 years. AdChoices; Promotions; Royal Bank. Apply Now View Card Details. 1. Eligible Credit Cards. RBC Royal Bank institution number: 003. Savers are really getting shafted as opposed to traders. 5 per cent high interest is only accurate in comparison with other big-bank offerings. Expectations of higher interest rates have pushed up bond rates, which have pushed up GIC rates over the past number of. , Royal Trust Company or The. Get advice any time you need it, at home or in-person. , Royal Trust Company or The. After Value Program Rebate: 3. Minimum Investment. Get $25 when you open an RBC Leo’s Young Savers Account 1 on us. dollar account or the RBC High Interest eSavings account. Plus, get 1. 2. It offers a modest 1. dollars, including the RBC US High Interest eSavings® Account (b) any eSavings Account with more than three co-owners and (c) any Deposit Account with ownership in the name of an “Estate of. Call Collect: 1-506-864-2275. Contact Customer Service; Call 1-800-769-2553; Locate a No-Fee 2 U. 090%. 8% within the RBC New eSavings Client Bonus Interest Rate Offer (“Offer”) is available to Eligible Clients who were not the Primary Owner of an RBC High Interest eSavings Account at any time before the beginning of the Qualifying Period (as defined below), and who open a new RBC High Interest eSavings account. The Bonus Interest Rate of 3. RBC Day to Day Savings, RBC Enhanced Savings, RBC High Interest eSavings. We'd Love to Help. NOMI Find & Save will learn your transaction patterns, find extra dollars that it thinks you won’t miss and set them aside for you automatically. Select a Payee. 1 NSF fee rebated every calendar year legal bug 30. To help grow your savings faster you will earn 4. Stay calm and consider your time horizon. S. The Bonus Interest Rate of 3. bank account and credit card balances. RBC Advantage Banking for students 4. LIMITED TIME OFFER. You cannot send an IMT from a U. There are no blackout dates or advance booking restrictions, even during peak periods. 5% interest when you open a secure, flexible RBC High Interest eSavings account and access MyAdvisor—a free digital platform, exclusively for RBC clients, that provides you with access to personalized advice, along with interactive tools to help you. The Bonus Interest Rate of 3. , RBC Global Asset Management Inc. 7% interest on your savings. S. 1 Products and services may be offered by Royal Bank of Canada or by a separate corporate entity affiliated with Royal Bank of Canada, including but not limited to Royal Mutual Funds Inc. Year. 95 Monthly Fee waived for students3 $16. 8% within the RBC New eSavings Client Bonus Interest Rate Offer (“Offer”) is available to Eligible Clients who were not the Primary Owner of an RBC High Interest eSavings Account at any time before the beginning of the Qualifying Period (as defined below), and who open a new RBC High Interest eSavings account. , Royal Trust Company or The. This observation glosses over some of the nuance, but the takeaway is that long-term thinking is a key element of progress. RateLink Essential (Regular and Sixty-Plus) and Discontinued Royal Bank Sixty-Plus Accounts. The Bonus Interest Rate on August 3, 2023 was 3. 2) For transfers of $1000 or less or $10 for transfer over $1000 3) RBC Online Banking and the RBC Mobile app are provided by Royal Bank of Canada. 5 out of a possible 5 stars for a few reasons. 99. Free account transfers 24/7 with no delay. $ 24 or $ 18. 50% on balances up to $200,000 when you save $200 or more in a month (limits apply) The Bonus Interest Rate on August 3, 2023 was 3. View Legal Disclaimers Hide Legal Disclaimers . The Bonus Interest Rate of 3. 95 each thereafter.