No, there are better options. Answer from pfcguy on reddit.com
RBC Royal Bank
rbcroyalbank.com › personal › bank accounts › savings accounts › rbc high interest esavings account
High Interest Savings Account - Earn More with RBC HISA | RBC Royal Bank of Canada
... A High Interest Savings Account (HISA) or High Yield Savings Account internationally, is a type of savings account that offers a higher interest rate than a standard savings account.
Reddit
reddit.com › r/personalfinancecanada › rbc high interest esavings account promotion - worth getting?
r/PersonalFinanceCanada on Reddit: RBC High Interest eSavings Account promotion - worth getting?
August 16, 2024 -
Just wondering if its worth opening an account for...
Top answer 1 of 7
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No, there are better options.
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Depends. It isn't worth it if you're just chasing interest rates and welcome bonuses. However, it is worth it if you're already an RBC customer. If you are, you 100% want to be transferring the majority of your chequing account funds into it until you need them. This way, you're earning some interest on funds that otherwise would be earning none. You also get unlimited transfers between your RBC accounts (in case you're worried about going over a chequing account limit) and transfers between them are instantaneous.
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What is the interest rate for the RBC High Interest eSavings account?
Interest rates are subject to change based on market conditions. Promotional rates may also apply. Visit the RBC rates page for current offers.
rbcroyalbank.com
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High Interest Savings Account - Earn More with RBC HISA | RBC Royal ...
What is a high interest savings account?
A high interest savings account, such as RBC High Interest eSavings, typically offers a higher interest rate than traditional savings accounts. Interest is calculated daily and paid monthly. Promotions may also apply throughout the year.
rbcroyalbank.com
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High Interest Savings Account - Earn More with RBC HISA | RBC Royal ...
How do I enroll in RBC Online Banking?
Visit RBC's enrollment page to sign up for Online Banking.
rbcroyalbank.com
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Open a Savings Account Online and Start Saving | RBC Royal Bank ...
RBC Royal Bank
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RBC U.S. High Interest eSavings Account | RBC Royal Bank of Canada
Earn high daily interest on every U.S. dollar with an RBC U.S. High Interest eSavings account. Apply today.
RBC Royal Bank
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Compare Savings Accounts and Find the Best Fit for You | RBC Royal Bank of Canada
Compare RBC Royal Bank savings accounts and find the perfect match for your financial goals. Explore high-interest, tiered, and basic savings options. Apply online today and start growing your savings!
RBC Royal Bank
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Open a Savings Account Online and Start Saving | RBC Royal Bank of Canada
Saving made easy when you turn ... interestLegal Disclaimer footnote5 on your savings when you open your first RBC High Interest eSavings account...
RBC Royal Bank
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RBC High Interest eSavings account - RBC Royal Bank
Earn high interest1 and grab your money when you need it – open a new RBC High Interest eSavings account. With instant online transfers between your RBC® accounts2, no monthly fee3, and no minimum balance, what are you waiting for? ... Choose how much you can save from each paycheque and ...
RBC Royal Bank
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Start Saving with an RBC High Interest eSavings® Account - RBC Royal Bank
Sign into Online Banking to open an RBC High Interest eSavings account and set up Save-Matic in less than 15 minutes.
RBC Wealth Management
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RBC Premium Savings - RBC Wealth Management
1 month ago - RBC Premium Savings will earn the interest rate based on the daily balance in the account. Interest rates/APY (Annual Percentage Yield) are subject to change without notice. Minimum deposit and balance requirements apply and may change.
RBC Wealth Management
rbcwealthmanagement.com › assets › wp-content › uploads › documents › legal › high-interest-savings-account-terms-and-conditions.pdf pdf
RBC Wealth Management High Interest Savings Account Terms and Conditions
In the event that your High ... Interest Savings Account was closed. ... Bank and subject to change. Where this change · is a reduction in interest rate, this change will be ... Account held with us). ... Business Day of each month. ... Terms and Conditions). ... RBC Europe Limited is registered in England and Wales with company number 995939.
RBC Royal Bank
rbcroyalbank.com › esavings › index2.html
Get to Your Money Instantly with an RBC High Interest eSavings® Account - RBC Royal Bank
Save more. The eSavings account makes it easy: Earn 0.550% Interest on every dollar2 with no minimum balance requirements ... Sign into Online Banking to open an RBC High Interest eSavings account in 10 minutes.
RBC Royal Bank
rbcroyalbank.com › esavings › esavings-advice.html
The RBC High Interest eSavings® Account Makes Saving Simpler
* Calculation is based on $25 per week into an RBC High Interest eSavings account x 52 weeks/year + 0.750% interest rate. 1) Fees may apply in other bank accounts to and from which you transfer funds. 2) Includes RBC Royal Bank accounts in your name only (sole ownership) and those that you ...
RBC Royal Bank
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Earn 4.25% interest on new deposits in your eligible RBC High Interest eSavings® Account - RBC
Every dollar makes a difference when you’re saving for the future. To help grow your savings faster you will earn 4.25% interest on new funds deposited to your existing eligible RBC High Interest eSavings Account between February 1, 2023 to April 30, 20231.
NerdWallet
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Best High-Interest Savings Accounts in Canada for 2026 - NerdWallet Canada
Best for a great bonus offer: BMO Savings Amplifier Account. Best for a bonus offer with a tiered interest rate: CIBC eAdvantage Savings Account. Best for a great bonus offer: RBC High Interest eSavings Account.
RBC Royal Bank
rbcroyalbank.com › caribbean › services › high-interest-bearing-esavings › index.html
RBC Caribbean - High Interest eSavings
Annual Percentage Yield (APY): The effective annual rate of return taking into account the effect of compounded interest. Nominal Interest Rate (NIR): The stated annual rate of interest earned on a deposit account that does not reflect compounding of interest. ... Give yourself future financial security when you open an RBC Term Deposit with interest up to 3.50% (NIR/APY). Conditions Apply ... St. Maarten: sxm-deposit-rates.pdf ... The RBC Leo’s Young Savers ...
RBC Wealth Management
rbcwealthmanagement.com › assets › wp-content › uploads › documents › bank-rates › RBCELRates.pdf pdf
Interest Rates as at: 05 Jan 2026 Fixed Term Deposits Canadian Dollar Euro
- Minimum balance is GBP 25,000. Deposits are permitted up to a maximum account balance of GBP 500,000. - Only one High Interest Savings Account may be held by each client.
RBC Wealth Management
rbcwealthmanagement.com › home › rbc premium savings
RBC Premium savings
October 30, 2025 - RBC Premium Savings helps to manage your savings cash for your wealth needs with premium protection and competitive yields, without having to sacrifice liquidity or safety.
Forbes Advisor
forbes.com › advisor › ca › banking › savings › best-rbc-savings-accounts
Best RBC Savings Accounts In Canada – Forbes Advisor Canada
2 weeks ago - Special offer: Earn 4.70% interest for three months when you open your first RBC High Interest eSavings account. Terms and conditions apply. Offer expires October 29, 2025. ... Ability to set up automated Save-Matic preauthorized transfers from ...
Reddit
reddit.com › r/personalfinancecanada › rbc day to day savings vs. high interest esavings account
r/PersonalFinanceCanada on Reddit: RBC Day to Day Savings vs. High Interest eSavings Account
January 23, 2024 -
Hi all! I’m fairly new to investing so please bare with me.
25M, taking it upon myself to manage my money better and start thinking about the future.
I currently have an RBC Day to Day Savings Account, which I’ve had forever, and holds $22k. This account has an atrocious interest rate. I want to open up a High Interest eSavings Account. Will an HISA essentially act the same as what I currently have, just with a higher interest rate?
I understand Wealthsimple, Tangerine, etc. all will provide better interest rates, however baby steps first.
Thanks!
Top answer 1 of 4
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I recommend against this (and I have one...that I'm struggling to close). It doesn't pay much, and additionally it has a ton of restrictions in terms of how often you can transfer into and out of it from external accounts, and how often you have to use it. I got dinged with a fee because I put a bunch of money in the account and left it there (which is what I do with all my HISA accounts). RBC viewed that as me not using the account and charged me a lack of activity fee that exceeded the amount of interest they had paid me. Opening an account with the bigger online banks like Tangerine is simple. Set aside 4 hours some day, and just slowly go through the process. It will prompt you for all the info you need and it's pretty hard to screw up. Some of the smaller banks and credit unions have user interfaces that are harder to use, but the bigger banks want your money so they tend to make it simple.
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I would suggest putting some of that into tax free savings GIC if you haven’t maxed your TFSA limit and don’t plan to spend this in the immediate future
RBC Royal Bank
rbcroyalbank.com › investments › investments-savings-accounts.html
Investments and Savings Accounts - RBC Royal Bank
Get interest on every dollar you save, and earn more as your balance increases. ... Earn interest on every dollar with this online U.S. dollar savings account. ... Explore RBC U.S. High Interest eSavings