Key Savings Account Features

  • Free access to RBC Online, Mobile, and Telephone Bankinglegal bug 3
  • Free account transfers 24/7 with no delaylegal bug 2
    Including ATM and unassisted telephone fund transfers, from this account to any other RBC Royal Bank personal deposit account in your name.
  • Know what your money is up to with MyAdvisor
    A powerful digital service that can help capture all of your savings and investments in one place.

More Great Features

Details Fees
Monthly Fee Free
Currency U.S.
Monthly Debits includedlegal bug 4 1 per monthly cycle
Account transfers Free transfers between any RBC Royal Bank personal deposit accounts in your name
Debits Exceeding Monthly Limit $3.00 each Exception: Cheques are not permitted
Interac and PLUS System ATM Network Access Feeslegal bug 5
  • Interac: Not available
  • PLUS System: Not available (Within Canada and U.S.)
  • PLUS System: Not available (Outside Canada and U.S.)
Interac e-transfer Not available
Cross-Border Debitlegal bug 4, legal bug 6, legal bug 7 Not available
eStatement and eNotifications Free — including cheque images viewed online less than 90 days old
Access to Online and Mobile Bankinglegal bug 3 Free

Ways to Bank

Manage Your Savings Account Online, Anytime

Check your balances, pay bills, set up alerts, send money and more – whenever you need to.

Bank Anywhere

Take care of your banking from wherever you are, anytime you want.

Ways to Apply

Apply Online

Getting your account opened is easy and can be done online in just 10-15 minutes. Simply answer a few questions to get started.

Apply Online Now

I'm Already a Customer

The easiest way to commit to a regular savings plan is to arrange for pre-authorized transfers from your banking account to your designated savings account. Simply specify the amount and how often you want the transfers to take place — for example, once a week, every two weeks or once a month. You may even want to schedule these to occur just after your paycheque is direct-deposited into your chequing account.

  • Step 1: In your Online Banking, under Quick Payments and Transfers, click on Pay Bills and Transfer Funds.
  • Step 2: On the left hand menu, click on Set Up Save-Matic.
  • Step 3: Enter the Amount you want to save, choose your From and To accounts, When to start, and select how often from the Receive Frequency options, then click on Submit.
  • Step 4. Review your information and click on Confirm
  • Sign in to the RBC Mobile app,
  • Tap ‘More’
  • Tap ‘NOMI Find & Save’ and turn it on.

After you turn on NOMI Find & Save, we will get to know your spending & saving habits in your source chequing account to find opportunities to save for you.

Learn More about NOMI Find & Save about NOMI Find & Save

You can deposit cheques through the RBC Mobile app (Android and iPhone devices) or the RBC Canada app (iPad devices). Download the latest version of the apps from the relevant app store, select "Deposit Cheque" in the main menu and follow the on-screen prompts.

Learn More about Mobile Cheque Deposit

With Interac e-Transfers you can send funds to clients of other financial institutions as well as RBC, and you don't need to know the account number of the person you're sending money to. All you need is their email address or mobile phone number.

You can send an Interac e-Transfer from Online Banking, or Mobile Banking. Here’s how:

To send an Interac e-Transfer from Online Banking:

  • From the Accounts Summary page, select "More Payment Options" on the right side of the page.
  • Enter the payment amount of the transfer.
  • Select the account you want the funds to be debited from.
  • Open the “To” drop down list, select the Interac e-Transfer payee and Submit.

To send an Interac e-Transfer from Mobile Banking:

Select the Interac e-Transfers icon from the main page.

  • Choose the account you would like to pay from.
  • Select the recipient you wish to send funds to. If sending to a new recipient, select the + sign in the bottom left hand corner of the page.
  • Follow the steps

Go to our Exchange Currency Converter to get the latest foreign exchange rates.

Better Banking Gives You More

Need help choosing a U.S. account?

Based on your needs, we’ll recommend a U.S. Savings Account and Credit Card that will save you money while in the U.S.

Security Guarantee

Get 100% reimbursed for unauthorized bug 8