RBC Royal Bank bank accounts and rates

We track 13 RBC Royal Bank accounts, 8 personal and 5 business. 5 of them carry no monthly fee and the dearest is $100.00 a month. Every figure here comes from the institution’s own published pages, and where something is not published we leave it blank rather than record a zero. Last checked 19 August 2026.

The highest starting rate posted here is 0.55%, on the RBC High Interest eSavings. That account pays by balance band rather than one rate, and the bands are on its page. Posted rates only: a promotional rate that ends in ninety days is not what an institution pays, so it is recorded on the account and not counted here.

Deposits are covered by CDIC insured, taken from what the institution publishes rather than from what the scheme covers in general. What deposit insurance actually covers sets out the difference and why an unlimited provincial guarantee is not the same promise as the federal one.

Every Account, With What It Costs

• RBC Day to Day Savings

  No monthly fee · 1 transaction a month

  Tiered interest per RBC's savings account comparison page.

• RBC Enhanced Savings

  No monthly fee · 1 transaction a month

  Tiered interest; RBC states tiered rates begin at balances of $5,000 or more. Interac e-Transfer $1.00 each; non-RBC Interac ATM $2.00; PLUS System $3.00.

• RBC High Interest eSavings

  No monthly fee · 4.6% promotional rate · 1 transaction a month

  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

• RBC U.S. High Interest eSavings

  No monthly fee · 0.25% interest · 1 transaction a month

• RBC Day to Day Banking

  $4.00 a month · 12 transactions a monthCDIC insured

  No minimum balance waiver published. $0 for clients 65+ (Seniors Rebate), Indigenous Peoples, and RDSP beneficiaries.

• RBC Advantage Banking

  $12.95 a month · Unlimited transactionsCDIC insured

  No minimum balance waiver published. $0 for students and anyone 24 and under; $0 for eligible newcomers for the first year; $8.95 for clients 65+ (Seniors Rebate). Can fall to $0 via the RBC

• RBC Signature No Limit Banking

  $16.95 a month · Unlimited transactionsCDIC insured

  No minimum balance waiver published. Falls to as low as $4/month with the RBC Value Program rebate; $12.95 for clients 65+.

• RBC VIP Banking

  $30.00 a month · Unlimited transactionsCDIC insured

  No minimum balance waiver published. As low as $17.05/month with the RBC Value Program rebate; $22.50 for clients 65+.

• RBC Royal Bank Business Essentials Savings AccountBusiness

  No monthly fee · 2 transactions a monthCDIC insured

• RBC Royal Bank Digital Choice Business AccountBusiness

  $6.00 a month · Unlimited transactionsCDIC insured

• RBC Royal Bank Flex Choice Business AccountBusiness

  $7.00 a month · No transactions includedCDIC insured

• RBC Royal Bank U.S. Business Current AccountBusiness

  $9.00 a monthCDIC insured

• RBC Royal Bank Ultimate Business AccountBusiness

  $100.00 a month · Unlimited transactionsCDIC insured

Comparing across institutions? Compare every account on what it would cost you, work out what a chequing account really costs, or browse the full directory.