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Savings Accounts

Find the Savings Account That's Right for You

Earn interest on funds invested with the savings account that suits your needs

Benefits of Your RBC Banking Account

  • Free access to Digital (Online & Mobile) Banking
  • Convenience at our wide network of RBC ATM locations
  • Convenience at our wide network of RBC & FINCO ATM locations
  • International access to ATMs and Debit Point-of-Sale through Maestro International Debit Card
  • International access to ATMs and Debit Point-of-Sale through RBC Visa Debit Card

RBC Day to Day Savings

A basic savings account that earns interest on funds invested, making this account an ideal starting point to accumulating funds.

Features
  • Initial deposit: AWG/USD 100.00
  • Account features a monthly service charge
  • Initial opening deposit of $100.00
  • Account features a monthly service charge
  • Initial opening deposit of $250.00
  • Account features a monthly service charge
  • Account features a monthly service charge
  • Account features a monthly service charge
  • Initial Deposit: USD 100
  • Minimum balance requirement: USD 100
  • Account features a monthly service charge
  • Initial Deposit: ANG 100
  • Minimum balance requirement: ANG 100
  • Account features a monthly service charge
  • Initial Deposit: USD/EUR 100.00
  • Initial Deposit: ANG/EUR/USD 100.00
  • Account features a monthly service charge
  • Account features a monthly service charge
  • Minimum opening deposit: $100
  • Account features a monthly service charge
  • Interest is calculated on minimum quarterly balance of $500 and paid quarterly
  • RBC Royal Bank Visa Debit Card available*
  • Competitive interest rates
  • The interest is credited quarterly to the account
  • 2 free local RBC ATM withdrawals using RBC Visa Debit Card
  • Make deposits and withdrawals from RBC Royal Bank or RBC FINCO ATMs, at any time - day or night
  • Interest is credited to account quarterly
  • Unlimited free deposits and withdrawals from RBC Royal Bank ATMs at any branch, at any time day or night
  • The interest is credited twice a year to the account
  • Free access to local RBC ATMs - make deposits and withdrawals from RBC Royal Bank ATMs at any branch, at any time, day or night
  • Available as a quarterly eStatement account
  • Make deposits and withdrawals from RBC Royal Bank ATMs at any branch, at any time day or night
  • Make deposits and withdrawals from RBC Royal Bank at any RBC ATM, at any time – day or night
  • Free quarterly eStatements for easy record keeping
  • Free quarterly eStatements
  • Free quarterly statements for easy record keeping
  • Free eStatements for easy record keeping
  • RBC Sixty Plus members will receive 50% more interest on the normal interest rate on RBC Day to Day Savings accounts
  • Access to RBC ATMs and other ATMs and POS merchants wherever LINX, Visa or PLUS logos are displayed
Additional Information:

Minimum balance required to earn interest is $200.00

Minimum balance required to earn interest is $500.00

This account is also available in USD currency (please refer to our Account Selection Guide (pdf opens in new window) )

*The Visa Debit USD card can only be linked to your RBC Day to Day Savings USD Currency account and cannot be used for LINX ATM/POS transactions.

Note: In line with Central Bank of Trinidad & Tobago guidelines, individuals that do not have an account at any other financial institution and requires only local currency banking transactions and services, please speak to one of our representatives at 800-1RBC for specific features, benefits and requirements to access a Basic Banking offering.

Account Opening Requirements

  • Two (2) forms of valid ID such as:
    Passport, National ID card, Driver’s License
  • Proof of residential address (e.g. utility bill)
  • If you are a non-resident client:
    • A reference letter or current account statement from a reputable bank
    • Valid work permit (if applicable)

RBC Enhanced Savings

An enhanced savings account designed for individuals who have or intend to accumulate large savings and are desirous of enjoying premium interest rates.

Features
  • Initial deposit: AWG 1,000.00
  • Minimum Monthly Fee: only applicable, if daily closing balance of AWG. 1,000.00 is not maintained
  • Initial opening deposit of $5,000.00
  • Account features a monthly service charge
  • Initial deposit: USD 2500
  • Minimum balance requirement: USD 5000
  • Initial opening deposit of $4,100.00
  • Initial deposit: ANG 2500
  • Minimum balance requirement: ANG 1000
  • No monthly fee if daily closing balance of USD5000 is maintained
  • Initial deposit: ANG 5,000.00
  • No monthly fee if daily closing balance of ANG 5,000
  • Minimum opening deposit: $15,000
  • Pay no monthly service charge and bank for FREE by maintaining your account balance requirement
  • Interest is calculated on the minimum monthly balance of $15,000 and paid quarterly (March, June September, December)
  • RBC Royal Bank Visa Debit Card available
  • Competitive interest rates
  • 2 free local RBC ATM withdrawals using RBC Visa Debit Card
  • Make deposits and withdrawals from RBC Royal Bank or RBC FINCO ATMs, at any time - day or night
  • The interest is credited quarterly to the account
  • Unlimited free deposits and withdrawals from RBC Royal Bank ATMs at any branch, at any time day or night
  • The interest is credited monthly to the account
  • Make deposits and withdrawals from RBC Royal Bank ATMs at any branch, at any time day or night
  • Free quarterly eStatements for easy record keeping
  • Free quarterly eStatements
  • Free quarterly statements for easy record keeping
  • Free access to local RBC ATMs
  • Access to RBC ATMs and other ATMs and POS merchants wherever LINX, Visa or PLUS logos are displayed
Additional Information:

Minimum balance required to earn interest is $5,000.00

Minimum balance required to earn interest is $4,100.00

Account Opening Requirements

  • Two (2) forms of valid ID such as:
    Passport, National ID card, Driver’s License
  • Proof of residential address (e.g. utility bill)
  • If you are a non-resident client:
    • A reference letter or current account statement from a reputable bank
    • Valid work permit (if applicable)

RBC High Interest Bearing eSavings

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

Features
  • Initial deposit: AWG 2,000.00
  • Minimum Monthly Fee: only applicable, if daily closing balance of AWG. 2,000.00 is not maintained
  • Initial deposit: $50,000.00
  • Initial deposit: USD 5000
  • Minimum balance requirement: USD 10000
  • Initial deposit: $41,000.00
  • Initial deposit: ANG 5000
  • Minimum balance requirement: ANG 2000
  • No monthly fee if daily closing balance of USD 10000 is maintained
  • Initial deposit: USD 5,000.00
  • No monthly fee if daily closing balance of USD 10,000.00 is maintained
  • Initial deposit: ANG 5,000.00
  • No monthly fee if daily closing balance of ANG 2,000.00/USD 5,000.00 is maintained
  • Minimum opening deposit: $50,000
  • Pay no monthly service charge and bank for FREE by maintaining your account balance requirement
  • Unlimited free RBC ATM withdrawals using RBC Visa Debit Card
  • Interest is calculated on the minimum monthly balance of $50,000 and paid monthly
  • Unlimited FREE ATM transactions (RBC card at RBC machine locally)
  • RBC Royal Bank Visa Debit Card available
  • Competitive interest rates
  • The interest is credited quarterly to the account
  • The interest is credited monthly to the account
  • Make deposits and withdrawals from RBC Royal Bank or RBC FINCO ATMs, at any time - day or night
  • Make deposits and withdrawals from RBC Royal Bank ATMs at any branch, at any time day or night
  • Free quarterly eStatements for easy record keeping
  • Free quarterly eStatements
  • Free quarterly statements for easy record keeping
  • Free access to local RBC ATMs
  • Competitive earnings as higher rates are paid for higher balances
  • Access to RBC ATMs and other ATMs and POS merchants wherever LINX, Visa or PLUS logos are displayed
Additional Information:

Minimum balance required to earn interest is $41,000.00

Account Opening Requirements

  • Two (2) forms of valid ID such as:
    Passport, National ID card, Driver’s License
  • Proof of residential address (e.g. utility bill)
  • If you are a non-resident client:
    • A reference letter or current account statement from a reputable bank
    • Valid work permit (if applicable)

RBC Leo’s Young Savers

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.

Features
  • Initial deposit: AWG 50.00
  • Account can be opened with any amount
  • Initial deposit: USD 50
  • Initial deposit: ANG 50
  • Initial deposit: USD 50.00
  • Initial deposit: ANG 50.00
  • Designed for ages 0-17 years*
  • Minimum opening deposit: $100.00
  • For RBC Royal Bank Young Leaders™ minimum opening deposit is $20.00
  • No monthly fee
  • 2 free local RBC ATM withdrawals using RBC Visa Debit Card
  • Unlimited FREE in-branch debit transactions
  • Unlimited FREE ATM transactions (RBC card at RBC machine locally)
  • Unlimited FREE Point-of-Sale transactions at local merchants
  • Premium interest rates - Interest is calculated on the minimum daily balance of $100.00 and paid quarterly
  • Competitive interest rates
  • The interest is credited annually to the account
  • The interest is credited quarterly to the account
  • The interest is credited twice a year to the account
  • Unlimited free deposits and withdrawals from RBC Royal Bank ATMs at any branch, at any time day or night*
  • Make deposits and withdrawals from RBC Royal Bank ATMs at any branch, at any time day or night*
  • Free access to local RBC ATMs
  • Free quarterly eStatements for easy record keeping
  • Free quarterly eStatements
  • Free quarterly statements for easy record keeping
  • RBC Royal Bank Visa Debit Card available*
  • Free financial planning and advice
  • No limit for the amount to be deposited to the RBC Leo's Young Savers Account
  • Access to local ATMs & POS merchants locally wherever LINX, Visa or PLUS symbols are displayed
Additional Information:
  • Birth certificate is required.
  • The account must be opened in the name of the child with the parent/guardian as the legal representative.
  • *Account access to be determined by the parent/guardian.
  • Account access to be determined by the parent/guardian.
  • Interest is paid on all balances.
  • As a Leo Young Saver you will receive free membership for our exclusive Leo's Young Savers Club. As a Club member, you get special discounts at merchants throughout Bahamas!
  • As a Leo Young Saver you will receive free membership for our exclusive Leo's Young Savers Club. As a Club member, you get special discounts at merchants throughout the Cayman Islands!
  • As a Leo Young Saver you will receive free membership for our exclusive Leo's Young Savers Club. As a Club member, you get special discounts at merchants throughout Turks & Caicos!
  • At the age of 18, the account is replaced with a comparable account for adults.
  • Parents need to bring along a birth certificate of the account holder, ID and marriage certificate/family book.
  • *The Visa Debit Domestic card will be provided to RBC Leo’s Young Savers account holders between 13-18 years old.

Account Opening Requirements

  • Two (2) forms of valid ID such as:
    Passport, National ID card, Driver’s License
  • Proof of residential address (e.g. utility bill)
  • If you are a non-resident client:
    • A reference letter or current account statement from a reputable bank
    • Valid work permit (if applicable)

RBC SixtyPlus Savings

The RBC Sixty Plus Account offers to clients sixty years of age and over a unique package specifically tailored to their needs.

Features
  • Initial deposit: AWG 5,000.00
  • Minimum Monthly Fee: only applicable, if daily closing balance of AWG 5,000.00 is not maintained
  • Initial opening deposit of $500.00
  • Initial opening deposit of $250.00
  • Account features a monthly service charge*
  • Initial deposit: $500.00
  • Designed for ages 60 and over
  • Minimum opening deposit: $100.00
  • Pay no monthly service charge and bank for FREE by maintaining your account balance requirement
  • Unlimited free RBC ATM withdrawals using RBC Visa Debit Card
  • Unlimited free in-branch/cheque items
  • Unlimited FREE in-branch debit transactions
  • Unlimited FREE cheque writing (chequing account only)
  • Unlimited FREE ATM transactions (RBC card at RBC machine locally)
  • Unlimited FREE Point-of-Sale transactions at local merchants
  • No service charge for local and foreign drafts
  • No service charge for renewal of debit cards
  • 50% discount on the annual fee on a small safety deposit box
  • Competitive interest rates
  • The interest is credited quarterly to the account
  • Unlimited free deposits and withdrawals from RBC Royal Bank ATMs at any branch, at any time day or night
  • Make deposits and withdrawals from RBC Royal Bank ATMs at any branch, at any time day or night
  • Free quarterly eStatements for easy record keeping
  • Free quarterly eStatements
  • Free eStatements and quarterly statements for easy record keeping
  • Free quarterly statements for easy record keeping
  • RBC Royal Bank Visa Debit card
  • Access to RBC ATMs and other ATMs and POS merchants wherever LINX, Visa or PLUS logos are displayed
  • Special discount of 25% off the annual rental of a safe deposit box (subject to availability)
Other Value-Added Benefits

Trinidad and Tobago Association of Retired Persons (TTARP)

  • Free admission for RBC Sixty Plus customers
  • Up to15% discount on the annual membership fee
  • Discounts on insurance services, hotels, restaurants, car rentals and other amenities via TTARP

As a RBC Sixty Plus member your spouse is also entitled to all the stated benefits regardless of age provided:

  • The RBC Sixty Plus member transacts the business
  • The RBC Sixty Plus member accompanies his/her spouse at the various locations providing special benefits
Additional Information:

Minimum balance required to earn interest is $500.00

Minimum balance required to earn interest is $200.00

Minimum balance required to earn interest is $410.00

Account Opening Requirements

  • Two (2) forms of valid ID such as:
    Passport, National ID card, Driver’s License
  • Proof of residential address (e.g. utility bill)
  • If you are a non-resident client:
    • A reference letter or current account statement from a reputable bank
    • Valid work permit (if applicable)

RBC Plan 50

A savings account specially designed for senior citizens ages 50 plus.

Features
  • Initial deposit: USD 1000
  • Initial deposit: ANG 1000
  • No monthly fee if daily closing balance of USD 5000 is maintained
  • No monthly fee if daily closing balance of ANG 5000 is maintained
  • Initial deposit: USD 1,000.00
  • No monthly fee if daily closing balance of USD 5,000.00 is maintained
  • Initial deposit: ANG/USD 1,000.00
  • No monthly fee if daily closing balance of ANG/USD 5,000.00 is maintained
  • Pay no monthly service charge and bank for FREE by maintaining your account balance requirement
  • Unlimited free RBC ATM withdrawals using RBC Visa Debit Card
  • Unlimited free in-branch/cheque items
  • Competitive interest rates
  • The interest is credited quarterly to the account
  • The interest is credited monthly to the account
  • Make deposits and withdrawals from RBC Royal Bank ATMs at any branch, at any time day or night
  • Free quarterly eStatements for easy record keeping
  • Free quarterly statements for easy record keeping
  • Free access to local RBC ATMs
Additional Information:

Minimum balance required to earn interest is $410.00

Account Opening Requirements

  • Two (2) forms of valid ID such as:
    Passport, National ID card, Driver’s License
  • Proof of residential address (e.g. utility bill)
  • If you are a non-resident client:
    • A reference letter or current account statement from a reputable bank
    • Valid work permit (if applicable)

Term Deposit

Certificate of Deposit

Fixed term deposit instrument with a higher interest than regular savings accounts.

A medium to long term fixed savings instrument with terms varying from 90 days to 1 year.

Features
  • Initial deposit for regular Time Deposits: AWG 10,000.00
  • Initial deposit for USD Term Deposits: USD 25,000.00
  • Security and safety—both your original investment and interest payments are guaranteed
  • Fixed term deposit instrument with a higher interest than regular savings accounts.
  • Target clients/qualifying criteria – individuals and institutions seeking fixed rate of return for specific periods.
  • Initial Deposit Amount – USD 1000
  • Initial Deposit Amount – USD 1,000.00
  • Minimum Balance Requirement – Equivalent to initial deposit amount.
  • Initial investment of 1000 units of the respective currency of the account
  • Minimum investment period of 30 days
  • Interest is calculated on tiered balances for the specific term
  • Certificate received upon opening
  • Deposits can be used as collateral
  • Competitive interest rates
  • Competitive interest rates—guaranteed for the full term of the investment
  • On a Time Deposit Account on which interest is due on a monthly basis, the interest will be calculated and credited on a monthly basis
  • On a Time Deposit Account on which interest is due on an annual basis, the interest will be calculated and credited on an annual basis
  • Flexible investment terms—ranging from 90 days to 13 months
  • Flexible investment terms—ranging from 90 days to 1 year
  • Automated renewals along with annual statements and maturity notices so that you can keep track of your investments
  • Can be used as security for acquiring credit facilities
  • Option to roll over principal only or principal plus interest earned
  • Interest is calculated at the end of the specified term.
Benefits
  • Ideal for investment of funds for a specified long term purpose
  • Earn competitive interest by keeping your funds secured for a specified term
  • Easy record keeping
  • Security for acquiring credit facilities
  • Earn greater return over time
Additional Information:

Interest is forfeited if deposit is broken before contracted maturity date

  • Initial Deposit Amount – ANG 1000
  • Initial Deposit Amount – ANG 1000/USD equivalent
  • Minimum Balance Requirement – Equivalent to initial deposit amount.
  • Interest is calculated at the end of the specified term.

Account Opening Requirements

  • Two (2) forms of valid ID such as:
    Passport, National ID card, Driver’s License
  • Proof of residential address (e.g. utility bill)
  • If you are a non-resident client:
    • A reference letter or current account statement from a reputable bank
    • Valid work permit (if applicable)

Resident Corporate Call Account

A tiered rate Savings Account for non-profit organizations.

Features
  • No initial deposit required
  • No minimum balance required
  • No administration charges
  • Competitive interest rates
  • The interest is credited quarterly to the account

Account Opening Requirements

  • Two (2) forms of valid ID such as:
    Passport, National ID card, Driver’s License
  • Proof of residential address (e.g. utility bill)
  • If you are a non-resident client:
    • A reference letter or current account statement from a reputable bank
    • Valid work permit (if applicable)

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/ (link opens to external site)

IMPORTANT CLIENT NOTICE - TRINIDAD & TOBAGO:

Your deposits are protected – RBC Royal Bank is a member of the Deposit Insurance Corporation of Trinidad & Tobago (DIC) which was established by the Central Bank and Financial Institutions (Non-Banking) (Amendment) Act, 1986. The DIC insures TTD deposits placed with a member institution in any of its branches in Trinidad & Tobago. Eligible deposits are insured up to a maximum of $200,000 per depositor. Deposit Insurance Coverage is applicable to term deposits, savings accounts and banking (chequing accounts), for single, joint, trust or business accounts. For more information, please visit https://dictt.org (link opens to external site)

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