Savings Account CAD CDIC Insured
RBC Royal Bank

RBC Day to Day Savings

A straightforward savings account that pays interest on every dollar. Rates increase as your balance grows. Includes 1 free monthly debit and free transfers to other RBC accounts.

Interest rate Not listed
Monthly fee No monthly fee
Transactions 1/month
Minimum deposit $0
EARNINGS

Rates and interest details

Rate option 1 Not listed
Calculation
Daily Closing Balance
Rate option 2 Not listed
Rate option 3 Not listed
COSTS

Fees and account limits

Monthly feeNo monthly fee
Fee-waiver balanceNot listed
Minimum deposit$0
Maximum depositNot listed
Included transactions1/month
Bundled productNot specified

Detailed fee schedule

FeeAmountFrequency or allowanceAdditional use
Debits Exceeding Monthly Limits1 debit included; $2.00 for each debit thereafter - Per Use $2.00
Interac e-Transfer Fee$1.00 per Interac e-Transfer - Per Use $1.00
Out-of-Network ATM Fee$2.00 Interac Access Fee at non-RBC ATM in Canada - Per Use $2.00
ACCOUNT EXPERIENCE

Features and benefits

No Monthly Fees

Free Interac e-Transfers

Not Available for USD Savings

Access to No-Fee ATM Network

Not Available for USD Savings

Online and Mobile Banking

Online and Mobile Banking

CDIC Insured

Telephone Banking

eStatement and eNotifications

WHO CAN APPLY

Eligibility and access

Minimum ageNot specified
AvailabilityAvailable nationally
Mobile appYes
Online bankingYes
Branch accessNot specified

CDIC Insured: This product is identified as eligible for CDIC deposit protection, subject to applicable limits and conditions.

COVERAGE

Registration, networks and availability

Registration options

  • NONREGNon-Registered
IMPORTANT INFORMATION

Terms and disclosures

Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with RBC Royal Bank before opening the account.

Product information last reviewed or updated Mar 12, 2026.