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0.20%The following non-registered GIC rates are current for . View GIC Rates for registered investments.
Guaranteed-Return GICs
With Guaranteed-Return GICs, your interest rate is guaranteed, so you don't need to worry about changes in the markets or economy.
| Term to Maturity | Interest Paid at Maturity*, Semi-Annually, Annually or at Maturity (Compounded Annually) | Interest Paid Monthly* |
|---|---|---|
| 30 - 59 days | - | |
| 60 - 89 days | - | |
| 90 - 179 days | - | |
| 180 - 269 days | - | |
| 270 - 364 days | - | |
| 1 year | ||
| 1.5 years | ||
| 2 years | ||
| 3 years | ||
| 4 years | ||
| 5 years | ||
| 7 years | ||
| 10 years |
Interest rates are subject to change without notice at any time. Rates shown are calculated on a per annum basis.
* For terms less than 1 year, interest is only paid at maturity.
| Term to Maturity | Interest Paid at Maturity*, Semi-Annually, Annually or at Maturity (Compounded Annually) | Interest Paid Monthly* |
|---|---|---|
| 30 - 59 days | - | |
| 60 - 89 days | - | |
| 90 - 179 days | - | |
| 180 - 269 days | - | |
| 270 - 364 days | - | |
| 1 year | ||
| 1.5 years | ||
| 2 years | ||
| 3 years | ||
| 4 years | ||
| 5 years | ||
| 7 years | ||
| 10 years |
Prior Redemption Rates
| Elapsed Term | Redemption Rate [%] |
|---|---|
| 1 - 29 days | |
| 30 - 59 days | |
| 60 - 179 days | |
| 180 - 364 days | |
| 1 - 2 years less a day | |
| 2 - 3 years less a day | |
| 3 - 4 years less a day | |
| 4 - 5 years less a day | |
| 5 years and greater |
Interest rates are subject to change without notice at any time. Rates shown are calculated on a per annum basis.
* For terms less than 1 year, interest is only paid at maturity.
| Term to Maturity | Interest Paid at Maturity |
|---|---|
| 1 year |
Prior Redemption Rates
| Elapsed Term | Redemption Rate [%] |
|---|---|
| 1 - 182 days | |
| 183 days - 364 days |
Interest rates are subject to change without notice at any time. Rates shown are calculated on a per annum basis.
If PAP is returned due to insufficient funds in the account, the GIC will be collapsed and proceeds credited to the client’s account.
| Term to Maturity | Interest Paid Semi-Annually*, Annually or at Maturity (Compounded Annually) | Interest Paid Monthly* |
|---|---|---|
| 5 years |
Interest rates are subject to change without notice at any time. Rates shown are calculated on a per annum basis.
* Monthly and semi-annual interest payment options are not currently available through Online Banking.
| Term to Maturity | Interest Paid Semi-Annually or at Maturity | Interest Paid Monthly |
|---|---|---|
| 1 year |
Prior Redemption Rates
| Elapsed Term | Redemption Rate [%] |
|---|---|
| 1 - 29 days |
Interest rates are subject to change without notice at any time. Rates shown are calculated on a per annum basis.
Fully or partially cashable at each anniversary date, with no penalty.
Interest Paid Annually at each Anniversary
| Term to Maturity | Year 1 [%] | Year 2 [%] | Year 3 [%] | Year 4 [%] | Year 5 [%] |
|---|---|---|---|---|---|
| 2 Years | - | - | - | ||
| 3 Years | - | - | |||
| 5 Years |
Not redeemable prior to maturity.
Interest Paid Annually at each Anniversary or Compounded Annually and Paid at Maturity
| Term to Maturity | Year 1 [%] | Year 2 [%] | Year 3 [%] | Year 4 [%] | Year 5 [%] |
|---|---|---|---|---|---|
| 2 Years | - | - | - | ||
| 3 Years | - | - | |||
| 5 Years |
Interest rates are subject to change without notice at any time. Rates shown are calculated on a per annum basis.
For Canadian residents, interest is reported for tax purposes using the yield to maturity rate rather than the actual interest paid each year in accordance with Regulation 7000 of the Income Act (Canada) (in Quebec, Regulation 92.5R of the Taxation Act (Quebec)).
| Term to Maturity | Interest Paid at Maturity* | Interest Paid Annually* |
|---|---|---|
| 30 - 59 days | - | |
| 60 - 89 days | - | |
| 90 - 119 days | - | |
| 120 - 149 days | - | |
| 150 - 179 days | - | |
| 180 - 269 days | - | |
| 270 - 364 days | - | |
| 1 year | - | |
| 2 years | - | |
| 3 years | - | |
| 4 years | - | |
| 5 years and over | - |
Interest rates are subject to change without notice at any time. U.S. term deposits are not redeemable prior to maturity. Rates shown are calculated on a per annum, 365 or 366 (366 only if a leap year) day basis.
* For terms less than 1 year, interest is paid at maturity. For terms of one year or longer, interest is paid annually.
Interest-Linked GICs
An Interest Linked GIC guarantees your principal while offering a variable interest rate that is linked to changes in the RBC Royal Bank Prime rate.
| Term to Maturity | $5,000 to $49,999.99 [%] |
$50,000 to $99,999.99 [%] |
$100,000 to $249,999.99 [%] | $250,000 to $999,999.99 [%] | $1,000,000 and over [%] |
|---|---|---|---|---|---|
| 1 year |
| Term to Maturity | $5,000 to $49,999.99 [%] |
$50,000 to $99,999.99 [%] |
$100,000 to $249,999.99 [%] | $250,000 to $999,999.99 [%] | $1,000,000 and over [%] |
|---|---|---|---|---|---|
| 1 year |
| Elapsed Term | Redemption Rate [%] |
|---|---|
| 1 - 29 days |
Interest rates are subject to change without notice at any time. Rates shown are calculated on a per annum basis.
RBC MarketSmart GICs
RBC MarketSmart GICs offer the security of a GIC and the higher return potential of an equity investment.
| Term to Maturity | Minimum Return† [%] | Maximum Return† [%] |
|---|---|---|
| 2 years | 0.15 | 1.50 |
| 3 years | 0.40 | 3.50 |
| 5 years | 1.00 | 10.00 |
† The Minimum Return and Maximum Return are discretionary, set by the Bank at the time of GIC purchase and are expressed as an interest rate per term. Interest rates are subject to change without notice at any time.
RBC Canadian Banking MarketSmart GIC
| Term to Maturity | Minimum Return† [%] | Maximum Return† [%] |
|---|---|---|
| 2 years | 0.50 | 1.25 |
| 3 years | 1.25 | 2.75 |
| 5 years | 3.00 | 8.00 |
† The Minimum Return and Maximum Return are discretionary, set by the Bank at the time of GIC purchase and are expressed as an interest rate per term. Interest rates are subject to change without notice at any time.
RBC Canadian Utilities MarketSmart GIC
| Term to Maturity | Minimum Return† [%] | Maximum Return† [%] |
|---|---|---|
| 2 years | 0.15 | 1.25 |
| 3 years | 0.50 | 3.00 |
| 5 years | 1.50 | 11.00 |
† The Minimum Return and Maximum Return are discretionary, set by the Bank at the time of GIC purchase and are expressed as an interest rate per term. Interest rates are subject to change without notice at any time.
RBC Canadian Market-Linked GIC
Participation Factor for .
| Term to Maturity | |
|---|---|
| Participation Factor♦ | 20.000 [%] |
♦ The Participation Factor is discretionary and set by the Bank at the time of GIC purchase. It is expressed as a percentage rate and used to calculate the return of your GIC at maturity. The Participation Factor is subject to change without notice at any time.
Participation Factor for .
| Term to Maturity | |
|---|---|
| Participation Factor♦ | 20.000 [%] |
♦ The Participation Factor is discretionary and set by the Bank at the time of GIC purchase. It is expressed as a percentage rate and used to calculate the return of your GIC at maturity. The Participation Factor is subject to change without notice at any time.
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