Registered Investments

Rates for 21 December 2024

There are many investment options available for your Registered Plan, including Registered Savings Deposits, GICs and RBC Funds options to choose from.
To help you decide, we also provide the information and advice you need to make the investment decision that's best for you.

Features:

  • Redeemable – no penalty. Ideal for 'parking' your contribution prior to making an investment decision.
  • Available in your Registered Retirement Savings Plan (RRSP), Registered Education Savings Plan (RESP), Registered Disability Savings Plan (RDSP), Tax-Free Savings Account (TFSA), Retirement Income Fund (RIF), Life Income Fund (LIF) and Prescribed Retirement Income Fund (PRIF).
  • Interest rates quoted are per annum, with interest calculated on the daily closing balance added to principal at the end of June and December. Interest rates are subject to change.

Registered Plans (except for TFSA)

For investments of Interest Rate [ % ]

Tax-Free Savings Account (TFSA)

For investments of Interest Rate [ % ]

Features:

  • Available in your Registered Retirement Savings Plan (RRSP) and Tax-Free Savings Account (TFSA).
  • Interest rates quoted are per annum, with interest calculated and added to principal on each 6 month anniversary date, and at maturity.
  • Prior redemption rate : 0.050 %
  • Minimum deposit : $500
Term Interest Rate [ % ]

Features:

  • Available in your Registered Retirement Savings Plan (RRSP), Registered Education Savings Plan (RESP), Registered Disability Savings Plan (RDSP), Retirement Income Fund (RIF), Life Income Fund (LIF) and Prescribed Retirement Income Fund (PRIF) and Tax-Free Savings Account (TFSA).
  • Interest rates quoted are per annum, with interest calculated and added to principal on each 12 month anniversary date, and at maturity.
  • Minimum deposit : $1000 ($500 for RRSP/RESP/RDSP/TFSA)
Term Interest Rate [ % ]

Features:

  • Available in your Registered Retirement Savings Plan (RRSP) and Tax-Free Savings Account (TFSA).
  • Interest rates quoted are per annum, with interest calculated and paid on each 12 month anniversary date to a Registered Savings Deposit.
  • Minimum deposit :$500
Term Interest Rate [ % ]

NOTES
Interest rates are subject to change without notice at any time.
Rates shown are calculated on a per annum basis.

Other Notable Disclosures:

  • Funds will be available on the next business day following the date on which you have instructed us to redeem your GIC, or in the case of RBC Income Builder GIC, following the date on which a payment is made from the GIC.
  • Interest in a GIC will be calculated counting the first but not the last day of the term.
  • There is no fee charged for a purchase of GIC. If you transfer your GIC out to another financial institution, there will be a transfer out fee of $150 charged (applies to both registered or non-registered GICs – transfer out fee for non-registered GICs came into effect August 1, 2022)
  • You may provide us with instructions as to what to do with your GIC proceeds upon maturity. If your GIC is automatically renewed, you may cancel it upon renewal within 10 business days from the issuance (renewal) date, and if you do, your principal will be returned, but no interest will apply from the issuance to the cancellation date.
  • The GIC Client Agreement can be found at https://www.rbcroyalbank.com/dms/investments/clientacknowledgementforms.html. This GIC Client Agreement may be changed at any time, on notice to GIC holders.
  • For more information and disclosures regarding RBC Equity Linked GICs, see: RBC Equity-Linked GICs page.