Savings Account CAD
RBC Royal Bank

RBC FHSA Savings Deposit

A guaranteed savings deposit held within an RBC First Home Savings Account (FHSA). Interest is calculated daily and paid semi-annually.

Interest rate 0.35%
Monthly fee No monthly fee
Transactions Not listed
Minimum deposit $0
EARNINGS

Rates and interest details

Rate option 1 0.35%
Compounding
Semi-Annually
Calculation
Daily Closing Balance
COSTS

Fees and account limits

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

Detailed fee schedule

FeeAmountFrequency or allowanceAdditional use
Transfer-Out Service FeeFee applies when transferring your FHSA to a financial institution outside of RBC. - Per Use $150.00
ACCOUNT EXPERIENCE

Features and benefits

No Monthly Fees

WHO CAN APPLY

Eligibility and access

Minimum ageNot specified
AvailabilityAvailable nationally
COVERAGE

Registration, networks and availability

Registration options

  • FHSAFirst Home Savings Account
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.