Whether it’s to start or grow your savings an RBC Term Deposit with interest up to 4.5% can make your holiday ideas come true.
Safe and Secure
Invest with peace of mind knowing market fluctuations will not impact the interest earned on your term deposit.
Gift Ideas
Gift yourself financial security to help achieve your medium to long-term goals.
Your choice of Term
(3, 6 or 12 months)
We offer competitive rates for KYD and USD funds with flexible terms that best suit you.
- Invest for as little as $1,000 KYD/USD for your choice of term, starting from 3 months.
- RBC Term Deposits can be used as collateral for loans to purchase your dream home or car.
- You can roll-over the principal only or the principal plus interest.
Grow Your Savings and Make Your Future Ideas Come True
You have a broad choice of Term Deposits, making it easy to find the one that fits your goals.
| If the balance is | 3 months | 6 months | 12 months |
|---|---|---|---|
| $1,000 - $49,999 | 1.95% | 2.20% | 2.50% |
| $50,000 - $99,999 | 2.25% | 2.50% | 2.75% |
| $100,000 - $249,999 | 2.55% | 2.80% | 3.00% |
| $250,000 - $499,999 | 2.60% | 3.50% | 3.60% |
| $500,000 - $999,999 | 3.25% | 4.05% | 4.20% |
| $1,000,000 & over | 3.50% | 4.25% | 4.50% |
Enjoy the campaign rates above when you open a new term deposit between November 15, 2024, and January 31, 2025.1
Frequently Asked Questions
An RBC Term Deposit is suitable for you if you:
- Are interested in investing funds for a specified period.
- Do not require access to the funds during the specified period.
- Wants to use your funds as collateral for a loan.
- Want to achieve your financial goals.
Deposit interest is credited at the end of the specified period. RBC clients can roll-over the principal and interest for the same specified period or have the interest credited to their account. For roll-over rates please visit https://www.rbcroyalbank.com/caribbean/cayman/docs/cay-amendment-deposit-rates2023.pdf
There are no monthly fees applied to an RBC Term Deposit.
The interest earned may be forfeited and a fee will apply.
Act Now to Lock in Your Rate
Visit any branch or speak to your Relationship Manager for full details.
Connect with Us
Follow us on Facebook and Instagram
View Legal DisclaimersHide Legal Disclaimers
Promotional interest rates apply to new Term Deposits opened for a term of 3-12 months within the campaign period.
- Promotional interest rates are not applicable to Term Deposits opened prior to the campaign period.
- Promotional interest rates are not applicable to Term Deposits that roll-over during the campaign period.
- RBC clients utilizing funds from their existing RBC savings and banking accounts are eligible for the campaign/promotional rates.
- To view current Term Deposit interest rates, please visit https://www.rbcroyalbank.com/caribbean/cayman/docs/cay-amendment-deposit-rates2023.pdf