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RBC Enhanced Savings

RBC Enhanced Savings

A savings account that allows you to enjoy premium interest rates on balances of $5,000 or more.

Interest Rate22: Tiered

Monthly Fee:
Per transaction fees

Open Account

If you plan to maintain a high balance in your savings account, you'll want to consider the RBC Enhanced Savings account.

  • Tiered interest rates begin at balances of $5,000 or more, with the interest rate increasing significantly as your balance grows
  • If you're saving more than $5,000 for a special vacation, home improvement project or the future, the tiered interest rates can help you grow your nest egg faster
  • Free transfers between any RBC Royal Bank personal deposit accounts in your name26
  • Includes free access to RBC Online Banking, Mobile, and Telephone Banking
  • Ability to set up Save-Matic from your banking account to your savings account

Recordkeeping Options

Fee Information

eStatement and eNotifications including cheque images viewed online less than 90 days old

  • Free

Monthly Paper Statement without cheque image

  • $2.25

Cheque Images returned with paper statement

  • $2.50 per month

Other Services Provided

Fee Information

Access to Online, Mobile and Telephone Banking4

  • Free

Free Access to Online Banking4

If you're looking for the most convenient and comprehensive way to manage your day-to-day banking needs, look no further than RBC Royal Bank Online Banking. From financial calculators to a variety of convenient services including bill payments and fund transfers — you'll wonder how you ever lived without it. Even more, you'll enjoy free access with your banking account!

  • Transfer funds between accounts
  • Pay bills; even postdate payments if you choose
  • Make payments to personal loans, mortgages, credit card accounts, etc.
  • Obtain account balances and updates
  • Track previous transactions
  • Contribute to your RBC Royal Bank RRSP
  • Check current interest and foreign exchange rates
  • Apply for other RBC Royal Bank products

RBC Online Banking
Security Guarantee

We understand how important information security and privacy are to you. To provide you with greater peace of mind, we have developed the RBC Online Banking Security Guarantee. If an unauthorized transaction is conducted through your RBC Online Banking service, you will be reimbursed 100% for any resulting losses to those accounts54.

Fee Information

Monthly debits included2: 1 per monthly cycle

Free debit transactions: Electronic self-serve transfers to any RBC Royal Bank Account in your name

Debits exceeding monthly limit: $2.00

Interac and PLUS System ATM network access fees3: Interac: $2.00

  • PLUS System: $3.00 (within Canada and U.S.A)
  • PLUS System: $5.00 (outside Canada and U.S.A)

Interac e-Transfer: $1.00

Start Your Application

Applying online is safe and secure.