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Start Saving Automatically Today!

With mortgage payments, household bills, RRSP contributions and other financial obligations, it may seem difficult to come up with the savings you need for your child’s education. One of the most effective ways to reach your goals — and ensure your child’s education receives the priority it deserves — is to commit to ongoing contributions through an RBC RESP-Matic. With an RESP-Matic, you contribute to your Registered Education Savings Plan (RESP) regularly and automatically. It's one less thing to worry about.

Why Save Automatically?

  • Convenience: Your contributions are automatically debited from your bank account at RBC or another financial institution.
  • Flexibility: You decide how much and how often you want to contribute — with available frequencies ranging from weekly to annually.

Of course, contributions will continue to benefit from all the advantages of an RESP, including eligibility for the Canada Education Savings Grant (CESG) and other government incentives, tax deferral and a wide range of investment choices.

Expand - See How Quickly Your Savings Can Grow See How Quickly Your Savings Can Grow


Set up an RESP-Matic Today!

Ensure your child’s education receives the priority it deserves. Contact an advisor today or go online to to set up a regular contribution to your RESP!

Set your RESP-Matic online Call now 1-800-463-3863

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1) Calculations are for illustrative purposes only and are not intended to reflect future values or returns on investment from any mutual fund investment. Based on 7% annual compound return, these calculations also assume that the contributions are made at the beginning of every month, up to a lifetime maximum of $50,000 per child.

Set Up an RESP-Matic Today!