Savings Deposits


You can buy an RBC Savings Deposit several ways:

RBC Savings Deposits can only be held in a registered account such as an RBC TFSARRSPRRIFRESP or RDSP.

To buy an RBC Savings Deposit, you must first have an existing RBC TFSARRSPRESP or RDSP already set up.

Regular, pre-authorized contribution plans can be set-up for your TFSA, RRSP,  RESP or RDSP, so you can save automatically without even thinking about it!

  • Get started with as little as $25 per week
  • Contribute weekly, bi-weekly, monthly—you choose
  • Contributions are automatically debited from your chequing or savings account
  • Invest in mutual funds, GICs and saving deposits

Managing Your Investments Online

If you have access to RBC Online Banking, you can buy an RBC Savings Deposit online. You must also have an existing registered account (e.g., TFSA, RRSP) and an existing RBC Royal Bank chequing or savings account.

Sign in to buy an RBC Savings Deposit online