Welcome offer $10,000 value
Get up to $10,000 in value when you open and fund your first eligible investment account. Contribute or transfer a minimum of $5,000 by May 29, 2026.
Savings Account
CAD
RBC Royal Bank
RBC TFSA Savings Deposit
A guaranteed savings deposit held within an RBC Tax-Free Savings Account (TFSA). Interest is calculated daily and paid semi-annually at the end of June and December.
Interest rate
0.35%
Monthly fee
No monthly fee
Transactions
Not listed
Minimum deposit
$0
CURRENT OFFERS
Promotions and account value
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
| Fee | Amount | Frequency or allowance | Additional use |
|---|---|---|---|
| Transfer-Out Service FeeFee applies when transferring your TFSA 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
- TFSATax-Free 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.