Investment Accounts and Products

At RBC, we give you access to a broad range of investment products to help you meet your financial goals.

Choose the option that
fits you best.

Tax-Free Savings Account (TFSA)

Ideal for easy access to your money

TFSA is a registered investment account you can use to save for any short-term or long-term goal—tax free. If you like the potential for more flexibility and less taxes, consider opening a TFSA.

Offer Expires 3 PM EST on June 3, 2025. Conditions apply.

Pay no taxes on any investment earnings
Contribute even if you’re retired or not employed

Contribute for as long as you want to⁸
Use a TFSA to save for anything while also saving for retirement in an RRSP

Contribute to your TFSA Now

You Can Open a TFSA Through

RBC Royal Bank

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RBC Direct Investing

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RBC InvestEase

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Customized Wealth Planning

If you or your family have complex needs and/or have total investible assets greater than $2 million, then please visit RBC Wealth Management to learn more about customized wealth planning advice.

Talk to an Advisor

Registered Retirement Savings Plan (RRSPs)

Ideal for retirement

An RRSP is a personal savings plan that lets you save for your retirement on a tax-sheltered basis, so your money can grow faster!

Offer Expires 3 PM EST on June 3, 2025. Conditions apply.

Your annual contribution can be deducted from your gross income, reducing the amount of income tax you pay that year.
The income you earn is sheltered from tax, allowing it to grow faster. By the time you retire and withdraw funds, you will likely be in a lower tax bracket.

Withdraw money to buy your first home¹ or pay for your or your spouse's education², without penalty—providing it's repaid within the specified time.

Contribute to your RRSP Online Now

You Can Open an RRSP Through

RBC Royal Bank

Get Advice — How and When You Want it

Invest Now

RBC Direct Investing

Trade and Invest Yourself

Invest Now

RBC InvestEase

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Customized Wealth Planning

If you or your family have complex needs and/or have total investible assets greater than $2 million, then please visit RBC Wealth Management to learn more about customized wealth planning advice.

Talk to an Advisor

Tax-Free Savings Account (TFSA)

Ideal for easy access to your money

A Tax-Free Savings Account (TFSA) is a registered investment account you can use to save for any short-term or long-term goal—tax free. If you like the potential for more flexibility and less taxes, consider opening a TFSA.

Benefits of TFSAs include:

Pay no taxes on any investment earnings
Contribute even if you’re retired or not employed

Contribute for as long as you want to⁸
Use a TFSA to save for anything while also saving for retirement in an RRSP

Contribute to your TFSA Online Now

You Can Open a TFSA Through

RBC Royal Bank

Get Advice — How and When You Want it

Invest Now

RBC Direct Investing

Trade and Invest Yourself

Invest Now

RBC InvestEase

Invest Online — Without the work

Invest Now

Customized Wealth Planning

If you or your family have complex needs and/or have total investible assets greater than $2 million, then please visit RBC Wealth Management to learn more about customized wealth planning advice.

Talk to an Advisor

Registered Retirement Savings Plan (RRSPs)

Ideal for retirement

An RRSP is a personal savings plan that lets you save for your retirement on a tax-sheltered basis, so your money can grow faster!

Benefits of RRSPs include:

Your annual contribution can be deducted from your gross income, reducing the amount of income tax you pay that year.
The income you earn is sheltered from tax, allowing it to grow faster. By the time you retire and withdraw funds, you will likely be in a lower tax bracket.

Withdraw money to buy your first home¹ or pay for your or your spouse’s education² , without penalty—providing it’s repaid within the specified time.

Contribute to your RRSP Online Now

You Can Open an RRSP Through

RBC Royal Bank

Get Advice — How and When You Want it

Invest Now

RBC Direct Investing

Trade and Invest Yourself

Invest Now

RBC InvestEase

Invest Online — Without the work

Invest Now

Customized Wealth Planning

If you or your family have complex needs and/or have total investible assets greater than $2 million, then please visit RBC Wealth Management to learn more about customized wealth planning advice.

Talk to an Advisor

First Home Savings Account (FHSA)

Ideal for your first home

A First Home Savings Account (FHSA) is a registered plan that can help you save for your first home tax-free.

Benefits of FHSAs include:

Use it to save up to $40,000 for your first home
Contribute tax-free for up to 15 years

Carry forward any unused contribution room from prior years for as long as you have the account
Pay no taxes on investment earnings

You Can Open an FHSA Through

RBC Direct Investing

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RBC InvestEase

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Registered Education Savings Plan (RESP)

Ideal for education

An RESP is a tax-sheltered plan that helps you save for a child’s post-secondary education faster.

Benefits of an RESP include:

Tax Sheltered Growth—Earnings within an RESP are not taxed. When the funds are taken out for education, withdrawals are taxed in the student’s hands, often resulting in little or no tax.
Grow your savings faster with the Canada Education Savings Grant (CESG)³ , Canada Learning Bond (CLB)⁴ , and other government incentives. See RESP Grants and Bonds.

Built-In Flexibility—if the child doesn’t pursue post-secondary education, you may be able to choose a new beneficiary. Or, if he or she wants to travel first, you have 35 years to use the funds.

If you have an existing RESP with RBC Royal Bank ^® , you can contribute to it through RBC Online Banking.

Contribute to Your Existing RESP Now

You Can Also Open an RESP Through

RBC Royal Bank

Get Advice — How and When You Want it

Book an Appointment

RBC Direct Investing

Trade and Invest Yourself

Invest Now

Customized Wealth Planning

If you or your family have complex needs and/or have total investible assets greater than $2 million, then please visit RBC Wealth Management to learn more about customized wealth planning advice.

Talk to an Advisor

Registered Disability Savings Plan (RDSP)

Ideal for retirement

If you're an eligible Canadian with a disability, an RDSP is a unique savings program that can help you create greater long-term financial security and grow your savings in a tax-deferred environment.

Benefits of RDSPs include:

Defer Tax on Investment Income—Taxes on investment income and capital gains earned are deferred while in the RDSP, helping the plan to grow faster.
Use Funds for anything—Funds can be withdrawn for any purpose that benefits the person with the disability. Plus, family and friends can contribute to the plan with the written consent of the plan holder.

The Federal Government will match your contributions (limits apply⁵ ) up to $70,000 in Canada Disability Savings Grants and low-income families may qualify for additional help of up to $20,000 in Canada Disability Savings Bonds.

If you have an existing RDSP with RBC Royal Bank®, you can contribute to it through RBC Online Banking.

Contribute to Your Existing RDSP Now

Book an Appointment to Open an RDSP

Registered Retirement Income Fund (RRIF)

Ideal for retirement income

A RRIF is like an extension of your Registered Retirement Savings Plan (RRSP), but instead of putting money in, you withdraw from it to use throughout retirement.

Benefits of RRIFs include:

Similar to an RRSP, your money continues to grow tax-sheltered in a RRIF
Decide when and how much to withdraw as long as you take the required minimum amount.

When you pass away, RRIF assets can transfer to your spouse on a tax-free basis

You Can Open RRIF Through

RBC Royal Bank

Get Advice — How and When You Want it

Book an Appointment

RBC Direct Investing

Trade and Invest Yourself

Invest Now

Customized Wealth Planning

If you or your family have complex needs and/or have total investible assets greater than $2 million, then please visit RBC Wealth Management to learn more about customized wealth planning advice.

Talk to an Advisor

Guaranteed Investment Certificates (GICs)

Ideal for flexible deposits and withdrawals

Grow your money while keeping 100% of your original investment secure.

Offer Expires 3 PM EST on June 3, 2025. Conditions apply.

Competitive interest rates, guaranteed for the full term of the investment
Flexible investment terms–ranging from one day to three, five, seven and ten years
Hold as a non-registered investment or within a registered account

Choice of interest payment frequencies
Canada Deposit Insurance Corporation (CDIC) coverage

Buy a GIC Online

You Can Buy a GIC Through

RBC Royal Bank

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RBC Direct Investing

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RBC InvestEase

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Need More Information?

The First Home Savings Account is a great way to save for your first home. Learn more about registered accounts and how they can benefit your financial goals.

Talk to an Advisor

Guaranteed Investment Certificates (GICs)

Grow your money while keeping 100% of your original investment secure.

Benefits of GICs include:

Competitive interest rates, guaranteed for the full term of the investment
Flexible investment terms–ranging from one day to three, five, seven and ten years
Hold as a non-registered investment or within a registered account

Choice of interest payment frequencies
Canada Deposit Insurance Corporation (CDIC) coverage

Buy a Non-Reg GIC

Buy a Registered GIC

Open a TFSA Open an RRSP

Already have an account? Learn how to contribute

Mutual Funds⁶

An easy way to invest in a pool of stocks, bonds and other securities that is managed on your behalf by an experienced money manager.

Benefits of mutual funds include:

Professionally managed— a professional money manager makes the investment decisions and monitors the markets, so you don't have to.
Access to Markets—Get convenient access to global capital markets, including equities and fixed Income.

Investment Variety—Mutual funds invest in a variety of equities, bonds and other holdings, giving you a balanced and diversified portfolio.
Easy to Invest—You can have a professionally managed portfolio for an initial investment of just $500

You Can Buy Mutual Funds Through

RBC Royal Bank

Get Advice — How and When You Want it

Book an Appointment

RBC Direct Investing

Trade and Invest Yourself

Invest Now

Customized Wealth Planning

If you or your family have complex needs and/or have total investible assets greater than $2 million, then please visit RBC Wealth Management to learn more about customized wealth planning advice.

Talk to an Advisor

Stocks and Bonds

Get access to a complete range of equity investments and Canada’s leading inventory of government and corporate bonds.

Stocks

If you are focused on building your wealth , are comfortable with fluctuating returns and want the potential for greater long-term earnings compared to bonds and cash investments, then including stocks in your investment portfolio could be right for you. Stocks can also help you create a balanced portfolio when combined with fixed-income investments such as bonds as well as provide you with tax-efficient dividend income.

Bonds

If you are focused on capital preservation or need income from your investments, then bonds may make sense for you. Including bonds in your investment portfolio is ideal if you want a relatively secure, low-risk investment, if you need regular investment income, or you are looking to diversify your overall portfolio to reduce risk.

You Can Buy Stocks and Bonds Through

RBC Direct Investing

Trade and Invest Yourself

Invest Now

Customized Wealth Planning

If you or your family have complex needs and/or have total investible assets greater than $2 million, then please visit RBC Wealth Management to learn more about customized wealth planning advice.

Talk to an Advisor

Exchange-Traded Funds (ETFs)

An ETF is a basket of flexible investments that trades like a stock on an exchange, and offers low fees and instant diversification.

Benefits of ETFs include:

Low fees and No Minimums - With lower fees than most mutual funds and no investment minimums, ETFs are an affordable way to invest.
Less Risk through Diversification - With an ETF, you can access a variety of asset types, sectors and indices, which spreads out investment risk.

ETFs can be bought and sold on major exchanges, just like stocks.

You Can Buy ETFs Through

RBC Direct Investing

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RBC InvestEase

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RBC Direct Investing Inc. and Royal Bank of Canada are separate corporate entities which are affiliated. RBC Direct Investing Inc. is a wholly owned subsidiary of Royal Bank of Canada and is a Member of the Canadian Investment Regulatory Organization and the Canadian Investor Protection Fund. Royal Bank of Canada and certain of its issuers are related to RBC Direct Investing Inc. RBC Direct Investing Inc. does not provide investment advice or recommendations regarding the purchase or sale of any securities. Investors are responsible for their own investment decisions. RBC Direct Investing is a business name used by RBC Direct Investing Inc

RBC InvestEase is a restricted portfolio manager providing access to model portfolios consisting of RBC iShares ETFs with each model portfolio holding up to 100% of RBC iShares ETFs. RBC iShares ETFs are comprised of RBC ETFs managed by RBC Global Asset Management Inc. (RBC GAM) and iShares ETFs managed by BlackRock Canada Limited (BlackRock Canada). RBC GAM and BlackRock Canada have entered into a strategic alliance to bring together their respective ETF products under the RBC iShares brand, and to offer a unified distribution support and service model for RBC iShares ETFs.

Other products and services may be offered by one or more separate corporate entities that are affiliated to RBC InvestEase Inc., including without limitation: Royal Bank of Canada, RBC Direct Investing Inc., RBC Dominion Securities Inc., RBC Global Asset Management Inc., Royal Trust Corporation of Canada and The Royal Trust Company. RBC InvestEase Inc. is a wholly-owned subsidiary of Royal Bank of Canada and uses the business name RBC InvestEase.

The services provided by RBC InvestEase are only available in Canada.

Financial planning services and investment advice are provided by Royal Mutual Funds Inc. (RMFI). RMFI, RBC Global Asset Management Inc., Royal Bank of Canada, Royal Trust Corporation of Canada and The Royal Trust Company are separate corporate entities which are affiliated. RMFI is licensed as a financial services firm in the province of Quebec.

You can withdraw up to $35,000 from your RRSP to buy your first home under the Home Buyers’ Plan. The funds must have been on deposit at least 90 days before you withdrew them, and a signed agreement to buy or build a qualifying home is required. At least 1/15 of the funds must be repaid each year, beginning two years after the funds were withdrawn. For details see Canada Revenue Agency Home Buyers’ Plan .

Under the Lifelong Learning Plan, you can withdraw up to $10,000 per calendar year for your own or your spouse's full–time training or post–secondary education. The total amount that can be withdrawn is $20,000 each with withdrawals over a maximum of four consecutive years. At least 10% of the amount borrowed must be repaid each year, over a maximum period of 10 years.

With the CESG, for an eligible beneficiary until the end of the calendar year they turn 17, the government matches 20% on the first $2,500 contributed annually to an RESP. The maximum total CESG the government will give, up to age 18, is $7,200 per beneficiary.

⁴

With the CLB for an eligible beneficiary, the government pays an initial $500 contribution in an RESP and a beneficiary may also be entitled to receive an additional $100 a year up until the age of 15. The maximum total CLB payable is $2,000. A contribution is not required to an RESP to receive the CLB. The total maximum CLB payable per child is $2,000.

⁵

The Canada Disability Savings Grant provides matching contributions of 100%, 200% or 300% annually up to a maximum of $3,500 and a lifetime limit of $70,000. The Canada Disability Savings Bond provides up to $1,000 a year depending on the beneficiary’s family income. There’s a lifetime limit of $20,000.

⁶

Mutual Funds are sold by Royal Mutual Funds Inc. (RMFI). There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Please read the Fund Facts/prospectus before investing. Mutual fund securities are not guaranteed or covered by the Canada Deposit Insurance Corporation or by another government deposit insurer. For funds other than money market funds, unit values change frequently. For money market funds, there can be no assurances that a fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in a fund will be returned to you. Past performance may not be repeated. RMFI is licensed as a financial services firm in the province of Quebec.

⁸

You must be at the age of majority in your province to start contributing to your TFSA.

Investment Accounts and Products

Tax-Free Savings Account (TFSA)

You Can Open a TFSA Through

RBC Royal Bank

RBC Direct Investing

RBC InvestEase

Customized Wealth Planning

Registered Retirement Savings Plan (RRSPs)

You Can Open an RRSP Through

RBC Royal Bank

RBC Direct Investing

RBC InvestEase

Customized Wealth Planning

First Home Savings Account (FHSA)

You Can Open an FHSA Through

RBC Direct Investing

RBC InvestEase

Need More Information?

Other Great Accounts and Products to Choose From

Tax-Free Savings Account (TFSA)

You Can Open a TFSA Through

RBC Royal Bank

RBC Direct Investing

RBC InvestEase

Customized Wealth Planning

Registered Retirement Savings Plan (RRSPs)

You Can Open an RRSP Through

RBC Royal Bank

RBC Direct Investing

RBC InvestEase

Customized Wealth Planning

First Home Savings Account (FHSA)

You Can Open an FHSA Through

RBC Direct Investing

RBC InvestEase

Registered Education Savings Plan (RESP)

You Can Also Open an RESP Through

RBC Royal Bank

RBC Direct Investing

Customized Wealth Planning

Registered Disability Savings Plan (RDSP)

Registered Retirement Income Fund (RRIF)

You Can Open RRIF Through

RBC Royal Bank

RBC Direct Investing

Customized Wealth Planning

Guaranteed Investment Certificates (GICs)

You Can Buy a GIC Through

RBC Royal Bank

RBC Direct Investing

RBC InvestEase

Need More Information?

Other Great Accounts and Products to Choose From

Guaranteed Investment Certificates (GICs)

Buy a GIC for Your Existing Registered Plan Online

Mutual Funds6

You Can Buy Mutual Funds Through

RBC Royal Bank

RBC Direct Investing

Customized Wealth Planning

Stocks and Bonds

You Can Buy Stocks and Bonds Through

RBC Direct Investing

Customized Wealth Planning

Exchange-Traded Funds (ETFs)

You Can Buy ETFs Through

RBC Direct Investing

RBC InvestEase

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Contribute to your TFSA Online Now

Contribute to Your Existing RRSP Now

Contribute to Your Existing RESP Now

Contribute to Your Existing RDSP

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Mutual Funds⁶