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RBC Enhanced Savings Info & Reviews

Financial Products > Savings Accounts > RBC Enhanced Savings
Detailed information, reviews and ratings for the RBC Enhanced Savings.
Useful when comparison shopping for a new canadian savings account.

Information about the RBC Enhanced Savings

Product NameRBC Enhanced Savings
Available InCanada (All Provinces)
Offered ByRoyal Bank of Canada
Product PageRBC Enhanced Savings
Interest Rate$0.00 to $4,999.99: 0 %
$5,000.00 to $9,999.99: 0.001 %  Interest Rate Decreased from 0.005 % to 0.001 % on July 20, 2015
$10,000.00 to $24,999.99: 0.005 %  Interest Rate Decreased from 0.01 % to 0.005 % on July 20, 2015
$25,000.00 to $59,999.99: 0.01 %  Interest Rate Decreased from 0.025 % to 0.01 % on July 20, 2015
$60,000.00 to $99,999.99: 0.025 %  Interest Rate Decreased from 0.05 % to 0.025 % on July 20, 2015
$100,000.00 to $149,999.99: 0.05 %  Interest Rate Decreased from 0.15 % to 0.05 % on July 20, 2015
$150,000.00 to $249,999.99: 0.15 %  Interest Rate Decreased from 0.3 % to 0.15 % on July 20, 2015
$250,000.00 and over: 0.15 %  Interest Rate Decreased from 0.3 % to 0.15 % on July 20, 2015


Chart of historical values for the RBC Enhanced Savings Tier 2 Rate
  • 1 Year
  • 3 Years
  • 5 Years
  • 10 Years
  • All Data
Minimum Balance$5000
Withdrawal Fee$0
Other FeesBankbook: $2.00/Month
Assisted Transactions: $2.00
Electronic Transactions: $2.00
Interact Direct Debit: $1.50
Interact e-Transfer: $1.00

ABM Withdrawals:
Canada: $1.50
Plus System (U.S.A.): $3.00
International (Plus System): $5.00
Fund TransfersWithdrawals:
Transfer to other RBC Royal Bank accounts in your name
Direct Debit
Cheques
Money Orders
Bank Drafts
Branch Cash Withdrawal
ATM Cash Withdrawal
Bill Payments

Deposits:
Branch Deposits
ATM Deposits
Transfer from any RBC Royal Bank account in your name
Deposit InsuranceCDIC
Additional NotesFor balances above $60 000, the tiered interest rates apply only to the portions of the daily closing balance that lies within those tiers.
Please Note: This database is intended to help you explore your options when looking for a financial product. Product features and information can change faster than we can update our database and we cannot guarantee the accuracy of the information in the above table.
Always visit the financial institutions product page and carefully review the information there before making a final decision.

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