Savings Accounts

 

AccountInitial DepositOverview

RBC Day to Day Savings

$100

A basic savings account which is ideal to start accumulating funds.

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RBC Enhanced Savings

$5000

An enhanced savings account designed for individuals who have or intend to accumulate large savings.

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RBC High Interest Bearing eSavings

$50000

A premium eSavings account that allows clients to manage their savings online. This account offers tiered interest rates so as your balance grows, interest earned increases.

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RBC SixtyPlus Savings

$500

We understand that our clients 60 years of age and over have different banking needs. The RBC SixtyPlus Account offers you a unique package specifically tailored to your needs.

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RBC Leo's Young Savers

any amount

The RBC Leo's Young savers Account is designed to help children and youth under 18 years of age get started with savings and everyday banking.

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Term Deposits

$1,000

We offer fixed savings instruments with varying terms from 90 days to 1 year.

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IMPORTANT CLIENT NOTICE - BAHAMAS:

The Bahamas' Deposit Insurance Corporation (DIC) is a public corporation, established under the Protection of Depositors Act, 1999. The DIC is managed by The Central Bank of The Bahamas. Pursuant to section 4 of the Act, all licensed banking institutions, with Bahamian Dollar deposits, including RBC Royal Bank (Bahamas) Limited, must have membership with the DIC. The DIC insures Bahamian dollar deposits placed with a member institution in any of its branches in The Bahamas. Its primary objective is the protection and support for Bahamian Dollar depositors. The DIC seeks to minimize or eliminate the risk of loss of savings of Bahamian dollar denominated deposits. Each eligible deposit in a member institution is insured up to a maximum of B$50,000 per depositor. The DIC insures both principal and interest for eligible deposits up to a maximum of B$50,000. For more information please visit The Bahamas' Deposit Insurance Corporation's link: http://www.dic.bs/