Compare the best RBC savings accounts
Want to open an RBC savings account? Why not compare your options? Find the highest-earning savings accounts in Canada from multiple banks in seconds.
let's get startedRBC savings accounts
Rates updated:
Viewing with a balance of
RBC Royal Bank High Interest eSavings
- Monthly fee
- $0.00
- Transaction fees
- $5.00
- E-transfer
- $1.00
RBC Royal Bank Leos Young Savers Account
- Monthly fee
- $0.00
- Transaction fees
- $0.00
- E-transfer
- $0.00
RBC Royal Bank Day to Day Savings
- Monthly fee
- $0.00
- Transaction fees
- $2.00
- E-transfer
- $1.00
advertisement
A few things we're proud of
1,200,000
monthly users
11 years
young
Over 1M
better choices made
Trusted partner
to Canada’s top financial institutions
The best savings accounts in Canada
advertisement
The knowledge bank
A wealth of knowledge delivered right to your inbox.
By submitting your email address, you acknowledge and agree to Ratehub.ca’s Terms of Use and Privacy Policy. Contact us for more information. You can unsubscribe at any time.
advertisement
Mikael Castaldo
About RBC
Royal Bank of Canada (RBC) is the largest bank in Canada and has operations in 38 countries. RBC offers a number of savings accounts with varying rates and support from RBC’s network of branch locations and bank ATMs. This network is the largest across Canada, as RBC offers clients convenient access to accounts through more than 4,600 banking machines and online, mobile, and telephone banking services.
Compare RBC's savings accounts
All insured by CDIC insurance, RBC savings accounts vary from high interest, tiered interest, to basic savings accounts.
RBC Royal Bank High Interest eSavings Account
RBC’s Royal Bank High Interest eSavings Account is an online savings account that offers a competitive annual interest rate. Some main benefits of the Royal Bank High Interest eSavings account are: It offers unlimited online transfers to other RBC accounts, one free withdrawal per month, and has no monthly fee. E-transfers are $1.00 each and withdrawals from external ATMs cost $1.50 per transaction.
RBC Royal Bank Leo's Young Savers Account
The Royal Bank Leo’s Young Savers Account is for children 0 to 19 years old. The Leo’s Young Savers Account includes 15 debits per month and unlimited Interac e-Transfers. At non-RBC ATMs, withdrawals will cost $1.50 per transaction.
RBC Royal Bank Day to Day Savings Acccount
The Day to Day Savings account is designed for those who are just beginning to save. Interest rates are tiered and the highest possible rate earned when balances exceed $5,000. The account has no monthly fee and there’s one free debit transaction included each month. However, individual transaction fees of $2.00 apply in addition to charges for e-transfers and withdrawals from external ATMs.
RBC Royal Bank Enhanced Savings Account
For this account, interest is earned only on balances of more than $5,000, from which the tiered rate begins. There’s no monthly fee for the Royal Bank Enhanced Savings account. Rather, it charges $2.00 for each transaction, $1.00 for E-transfers, and $1.50 for withdrawals from non-RBC ATMs.
Compare other RBC products
You can also find non-registered GICs from RBC in addition to its series of savings accounts.
Get the best savings account
RBC offers a number of savings account options. If these savings accounts don't quite match up with what you're looking for, try our savings account comparison tool to see how RBC's rates compare to other financial institutions.
Natasha Macmillan, Business Director of Everyday Banking
With over a decade of experience in the finance industry, Natasha works closely with Canada's top financial institutions - from banks to credit unions - to help Ratehub.ca's 1,200,000 monthly users get matched with the right banking products. read more
About Ratehub.ca
Whether you need a mortgage, credit card, savings account, or insurance coverage, we help you find and compare the best financial products for your specific needs.
When it comes to mortgages, Ratehub.ca is more than just a place to research and compare the best rates. Our goal is to give Canadians the best mortgage experience from online search to close. This means offering Canadians the mortgage tools, information and articles to educate themselves, allowing them to get personalized rate quotes from multiple lenders to compare rates instantly, and providing them with the best online application and offline customer service to close their mortgage all in one place.
Ratehub.ca has been named Canada's Mortgage Brokerage of the Year for four years straight (2018-2021). With over 12 years of mortgage experience, and over $11 billion in mortgages funded, we deliver you the best mortgage experience in Canada.
How does Ratehub.ca make money?
Financial institutions pay us for connecting them with customers. This could be through advertisements, or when someone applies or is approved for a product. However, not all products we list are tied to compensation for us. Our industry-leading education centres and calculators are available 24/7, free of charge, and with no obligation to purchase. To learn more, visit our About us page.
Guides
advertisement