RBC Royal Bank Business Essentials Savings Account

RBC Royal BankBusiness savings

RBC Royal Bank · Business savings

Business account

No monthly fee with 2 transactions included.

Monthly feeNone
Transactions included2
Interest rateNone published
Deposit insuranceInsured

Fees and rates verified 2026-08-19Published fee scheduleWe earn nothing from any institution hereHow we research

What it costs

Monthly fee
None
In-branch transaction
$1.25
Extra electronic transaction
$0.75

What is included

Transactions each month
2 transactions a month
Cash deposit fee after that
$10.00 per $1,000

Who can open it

US dollar account
No

Deposit protection

Insured by
CDIC

Where these figures come from

Figures checked on
August 19, 2026

Notes

2 debits/cheques included, up to 999 credits/deposits. Interest rate is NOT published: the fee schedule states 'For information about interest rates, please call 1-800-769-2520'. Cash deposit fee of $10.00 per $1,000 is the highest cash-handling rate found in this survey.

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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.