RBC High Interest eSavings
CDIC Insured
Canada's largest bank offering a secure place to park cash, often with bonus rates for new clients.
Current Interest Rate
5.1%
Promo Rate
Calculate Your Returns with RBC
$
Total Interest Earned
$522.09
Based on 5.1% interest rate over 12 months
Key Account Facts
Monthly Fees
$0
Min Deposit
$0
Transactions
Fees Apply
Transfer Time
Instant (Internal)
The Good
- Convenience for existing clients
- Instant internal transfers
- Top-tier security
The Bad
- Low base interest rate
- Transaction fees for external transfers
- Lower value than online banks
Frequently Asked Questions
Is the rate competitive?
Usually lower than online banks, but convenient for RBC clients.