You can accumulate up to $3,000 bonus interest4 at a fixed rate of 2.00% p.a. U.S. Bank Accounts; U.S. Credit Cards; U.S. Save for a child’s education with access to government grants and deferred taxes. See All Terms. Popular Accounts at RBC Whether you need premier, all-inclusive banking or a simple, low-fee account, we have a bank account to meet your needs. This account offers a return of 0.15% interest on your savings and you won't have to pay a monthly fee as long as you keep US$1,000 in your savings. RBC Enhanced Savings Account This savings account option also uses a tiered interest rate system, but is more suitable for those who intend to maintain a higher account balance. A savings account is a deposit account held at a financial institution that provides principal security and a modest interest rate. Compare CIBC savings accounts. $6.95 flat CDN or U.S. per equity trade when you trade 150 times or more per quarter. Eligible SSAAs include only those held within a Registered Retirement Savings Plan (RRSP) or a Tax-Free Savings Account (TFSA). It's calculated after any promotion interest rate bonus. Save extra dollars you won’t miss with this digital savings tool that puts money aside for you automatically, from another RBC personal deposit account. This RBC eSavings review covers its features, fees, and alternative savings accounts in Canada. Interest rate is subject to change at any time without notice. Transactions 1: $5.00 each. Put freedom in your life. The most basic savings accounts provided by banks is the conventional savings account. You can pay money in by transfer from a current account or savings account in your name held with us or held with another bank (Online, by telephone or on the mobile app). You can buy an RBC Savings Deposit several ways: If you have access to RBC Online Banking, you can buy an RBC Savings Deposit online. Interest is calculated daily on the closing credit balance and paid monthly. RBC Treasury Savings Ideal for higher balances, this business savings account also lets you earn a tiered rate of interest. Earn our highest interest rate when you save between £1-£50 each month. Choose from a wide-range of investment options for “do-it-yourself” investors. Business Savings Account RBC Business savings. RBC's GIC rates. Instantly access your money whenever you need to. Like many banks, RBC offers a high interest savings account that you can use to increase the amount of interest you earn on your hard earned money. Additional Benefits of RBC Business Checking Accounts You must also have an existing registered account (e.g., TFSA, RRSP) and an existing RBC Royal Bank chequing or savings account. CIBC eAdvantage Savings Account. Unlike a chequing account which are meant for everyday transactions, high interest savings accounts are designed to save money in for a longer period of time. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. Basic Business Savings Account. Contact Customer Service; Call 1-800-769-2553; Locate a No-Fee 2 U.S. ATM (EN) Sign In. The RBC Day to Day Savings Account is a good fit for customers who are interested in earning interest on their savings. View Legal Disclaimers Hide Legal Disclaimers. more 1099-CAP Form—Understanding Your 1099-CAP Form RBC Royal Bank Savings Account Interest Rates. ratehub. Keep deferring taxes on your retirement savings while enjoying the money you’ve saved. All RBC Direct Investing clients pay $9.95 flat CDN or U.S. per equity trade with no minimum account balance or trading activity required. You’ll earn 0.05% interest on your balance and you’ll get fee-free RBC transfers. The RBC U.S. High Interest eSavings Account is a cross-border account that lets you earn interest on any savings you hold in US dollars. Variable Mortgage Rates. RBC Virtual Visa Debits, Third-party payment Debits, RBC Royal Bank loan payments, RBC Royal Bank mortgage payments, pre-authorized and self-serve RBC Royal Bank credit card payments and contributions to RBC investment accounts (such as GICs, Royal Mutual Funds, Registered Savings Plans, Registered Education Savings Plans, Registered Disability Savings Plans and Tax-Free Savings Accounts) from your RBC Day to Day Banking Account, U.S. GIC. popular terms. For clients with multiple positive balance accounts with RBC Direct Investing, the maintenance fee will be pro-rated such that the total maintenance fee on all accounts will add up to $25/quarter. Registered investment accounts offer tax advantages that can help you save for the future. Get interest on every dollar with this convenient online savings account. CIBC eAdvantage® Savings Account. If your combined assets are less than $15,000 across all of your RBC Direct Investing accounts, you will be charged one maintenance fee of $25 per quarter (split across all of your accounts). $6.95 flat CDN or U.S. per equity trade when you trade 150 times or more per quarter. If you have $200,000 to put in a savings account, then consider the RBC Enhanced Savings account, which offers a ceiling of 1.50% interest on balances over $150,000. You may want to avoid this account if you plan to make a number of transactions since every one you make beyond the monthly limit will cost you $2. Ways to Bank in the U.S. RBC also offers online, mobile, and telephone banking to support its personal banking products and services. Transfer money using the RBC Mobile app or through RBC Online Banking - instantly and for free 1 - between your Canadian and U.S. RBC accounts. RBC Enhanced Savings: This account pays interest on your balance of $5,000 or more. 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