Take Advantage of this Limited-Time Offer.
No Strings Attached!
Enjoy this limited-time interest rate to help you save more. Simply open your first RBC High Interest eSavings account by 3:00 PM EST on December 30, 2024 to get 5.1% interest for 3 months (on balances up to $1,000,000)Disclaimer1,Disclaimer2.
Benefits of an RBC High Interest eSavings Account
- Access Your Money Easily
Transfer money instantly online with no fee to your RBC High Interest eSavings accountDisclaimer4, by phone (self-serve) or at the ATM to other RBC personal account(s)Disclaimer5 in your name. Plus, get 1 free RBC ATM cash withdrawal per monthDisclaimer5 - Know that Your Money is Safe
Have peace of mind – you’re eligible for coverage by Canada Deposit Insurance Corporation (CDIC) - Save More, Faster
Earn interest daily on every dollarDisclaimer3 (it’s paid out monthly) - No Minimum Balance Required
There are no minimums and no monthly fee
Offer FAQs
The 3.95% bonus interest rate offer (which is in addition to the regular interest rate) for the 3-month promotional period is only available to individuals who have never been the primary owner of an RBC High Interest eSavings account at any time before November 5th, 2024 and who open an RBC High Interest eSavings account by 3:00 PM EST on December 30, 2024.
At the end of your 3-month promotional period (during which you will earn 3.95% bonus interest on balances up to $1,000,000Disclaimer1), your RBC High Interest eSavings account balance will earn interest at the regular posted interest rate (available here) applicable to the RBC High Interest eSavings account at that time.
1
The Bonus Interest Rate on November 5, 2025 of 3.95% within the RBC New eSavings Client Bonus Interest Rate Offer (“Offer”) is available to residents of Canada who are of the age of majority in the province or territory in which they reside as of the date the Eligible eSavings Account is opened and 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 (“Eligible eSavings Account”) as the Primary Owner between November 5, 2024 and 3:00 PM EST on December 30, 2024 (the “Qualifying Period”). (Note: For added clarity, you will not qualify for this Offer by switching from another account type to an Eligible eSavings Account.) The Bonus Interest Rate on November 5, 2024 was 3.95% 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. Any balances over $1,000,000 will be paid the Regular Interest Rate. “Promotional Interest Rate” is a combination of the Bonus Interest Rate plus the Regular Interest Rate. For example, if on November 5, 2024, the Regular Interest Rate was 1.15% per annum and the Bonus Interest Rate was 3.95% per annum, the Promotional Interest Rate would be 5.10% per annum. The Regular Interest Rate is subject to change without notice, and the most current rate is posted on our Personal Accounts Interest Rates webpage, which may be viewed at https://www.rbcroyalbank.com/rates/persacct.html. At the end of the Promotional Period, all balances will earn interest at the Regular Interest Rate only. Regular Interest Rate and Bonus Interest Rate are annualized rates, and (subject to certain exceptions) are calculated daily and paid monthly. Any Eligible eSavings Account that, prior to the payment of interest at the Bonus Interest Rate, is closed or switched to another product type which is not an RBC High Interest eSavings Account will forfeit any such interest calculated during the month in which the Eligible eSavings Account is closed or switched. Offer and interest rates are subject to change without notice. Offer may be withdrawn at any time. Conditions apply. For other defined terms and complete terms and conditions that apply to this Offer, please visit https://www.rbcroyalbank.com/investments/psi/november2024-hisa/terms.html(opens in new window)
2
Total of 90 days: For the purpose of this RBC New savings Client Bonus Interest Rate Offer and any related marketing, any reference to a period of 3 months means a period of 90 calendar days regardless of how many calendar days may fall within any given calendar 3-month period.
3
All interest rates described are annual interest rates. They follow a simple interest calculation. Interest is calculated daily on the closing balance and paid monthly. Interest rates are subject to change at any time without notice.
4
Self-serve electronic funds transfers from your RBC High Interest savings Account to any other RBC personal deposit account in your name will not count toward the number of included debit transactions per month.
5
Fees may apply to the account from which the funds have been transferred.