Regular Savings Account

A basic savings account that earns interest on every dollar invested, making this account an ideal starting point to accumulation funds.

Features & Benefits:

• Initial deposit of $100.00 required to open account
• Monthly service charge applies only if daily balance requirement is not met
• 1 FREE debit (ATM) per month
• Unlimited FREE in-branch credit transactions
• FREE Online Banking with RBC Royal Online
• FREE quarterly statements for easy record keeping

Additional Information:

• Interest is calculated on the minimum daily balance and paid quarterly.
• This account features a flat monthly service charge. However, by maintaining your account balance requirement, you can avoid the monthly service charge and bank for free.

Alternative Channels for Accessing Your Account:

• ATM: You can use your ATM Card at any RBC Royal Bank ATM to:
  • Make cash and/or cheque deposits
  • Withdraw cash, up to your daily limit
  • Transfer money between your accounts
  • Make bill payments, credit card payments and receive cash advances
  • In addition to using your ATM Card at any RBC Royal Bank ATM, you can also withdraw cash at any other bank's ATM.
• Online Banking: With RBC's Royal Online services, you can access account information, pay bills, and transfer funds between your accounts.

Is the Regular Savings Account the ideal account for you?
Yes if:

• You are interested in saving towards your life goals
• You require a separate account specific for savings from your transactional account

To compare our deposit accounts and to ensure you make the right account selection, please refer to our Guide on Account Selection or speak with a RBC Royal Bank Account Manager.