RBC Royal Bank · Savings
No monthly fee with 1 transactions included, 4.6% on a promotional rate.
Fees and rates verified 2026-08-19We earn nothing from any institution hereHow we research
What it costs
- Monthly fee
- None
- Each transaction over the limit
- $5.00
What is included
- Transactions each month
- 1 transactions a month
Interest
- Posted rate
- 0.55%
- Promotional rate
- 4.6%
- Promotional rate ends
- 2026-10-27
- What the rate depends on
- Promotional 4.60% paid for 3 months; offer expires 3pm EST on October 27, 2026. After the promotional period the regular 0.550% rate applies. One free RBC ATM cash withdrawal per month; additional ATM withdrawals $5.00 each; Interac e-Transfer $1.00 each; cross-border debit $1.00 each; non-RBC Interac ATM $2.00; PLUS System $3.00 (Canada/U.S.) or $5.00 outside.
Who can open it
- Can be registered (TFSA, RRSP)
- No
- US dollar account
- No
Deposit protection
- Insured by
- Not published by the institution
Where these figures come from
- Figures checked on
- August 19, 2026
- Source page
- www.rbcroyalbank.com
Notes
0.550% regular rate also confirmed on https://www.rbcroyalbank.com/bank-accounts/savings-accounts/compare-savings-accounts.html . Page states no minimum balance required. RBC's consolidated rates page (https://www.rbcroyalbank.com/rates/persacct.html) renders its rate table via JavaScript and returned no values.
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Where this came from. Every figure on this page is taken from the institution’s own page or its published fee schedule, never from another comparison site, and a field is left blank rather than guessed at. Rates and fees change without notice, so confirm with the institution before opening anything. We receive no payment from any institution listed here.