An Easy Way to Start Investing

RBC Savings Deposit offers easy access to your funds and guaranteed principal and interest.

An RBC Savings Deposit is a simple way for you to start saving in your investment account. It is particularly ideal if you’re not ready to make a long-term investment decision.

Simply direct your money into an RBC Savings Deposit; interest⁽¹⁾ is calculated daily, paid semi-annually and the rate increases as the balance in your Savings Deposit increases.

The Savings Deposit option is available for TFSAs, RRSPs, RRIFs, RESPs and RDSPs – particularly if you need to make a last-minute contribution.

Key Benefits:

• Security and safety
• Interest calculated daily and paid semi–annually. View interest rates
• Easy and convenient access to your money
• Switch your Savings Deposit balance to GICs or mutual funds at anytime

1) Interest rates subject to change without notice.