Earn Interest on Available Cash

RBC Business Essentials® Savings Account

Designed to be the perfect complement for your everyday operating account, this savings account allows you to move money easily between any of your business accounts, all while earning interest1 on the funds you hold here.

Monthly Fee:
No minimum monthly fee

Transactions Included:
2

Minimum Balance:
None

Locate a Branch Near You

Find a Branch

Call our 24/7 Business Helpline

1-800-769-2520

Or Fill Out an Online Form

Apply Online

This Account May Be Right for Your Business If:

  • You have unused funds at the end of the month and want to earn interest on your money

  • You have an everyday business operating account so you can easily move money between the two accounts

  • You want easy access to your cash for when you need to use it

Account Details

Benefit From Tiered Interest Rates on Your Balances

Get interest on the balance held in your savings account, with interest rates getting higher the larger the balance that is held within.

Transfer Funds for Free

Move surplus funds into your savings account for no fee when you use Online Banking for business, the RBC Mobile App or via ATMs. It’s simple and can be completed at your convenience.

Two Free Cheques or Debits Per Month

Write a cheque, pay a bill or move money back to your chequing account—whenever you need to, up to twice per month for free

Additional Details

  • 24/7 Access to Your Account: Manage your money anytime, anywhere through RBC Online Banking for business.

  • 800+ Branches and Over 4200 ATMs: Enjoy easy access to your money through the largest combined network of ATMs and branches in Canada.

  • Access Funds at Any Time: Withdraw the cash you need, when you need it.

Fee Details

Monthly Fee: No minimum monthly fee

View Full Pricing Chart

Ready to Apply?

Locate a Branch Near You
Find a Branch
Call Our 24/7 Business Helpline
1-800-769-2520
Or Fill Out an Online Form
Apply Online

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