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Tax-Free Savings Accounts

Open a Tax-Free Savings Account (TFSA)

 

An RBC® advisor will work with you to develop a savings and investing plan tailored to your specific needs and goals.

Existing clients
If you hold another product or service with RBC Royal Bank, simply call us or visit a branch.
New clients
Not yet a client? Please book an appointment at a branch to open your TFSA and set-up your automatic contributions. Be sure to ask what information you should bring.

Contact Us
  Call 1-800-463-3863
Advisors are available 24 hours a day, 7 days a week to help you.
  Please call your local branch in advance to schedule an appointment.

Eligibility for a TFSA

To open a Tax-Free Savings Account, you must be a Canadian resident age 18 or older with a Social Insurance Number.

Note: The age of majority is 19 for residents of Newfoundland and Labrador, New Brunswick, Nova Scotia, British Columbia, Northwest Territories, Yukon and Nunavut, which may delay the opening of a TFSA. However, the accumulation of contribution room will start at age 18.

* Registered Trademark of Visa International Service Association. Used under license.

Information about the Tax-Free Savings Account is based on what is currently available from the Canadian government and can be subject to change.

 
05/14/2009 13:12:28