6 month = 4½% (via RBC online banking GIC purchase) | RBC Royal Bank | Discussion forum

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6 month = 4½% (via RBC online banking GIC purchase)
June 2, 2023
10:43 pm
Norman1
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Not sure if this is targeted or not.

RBC Royal Bank is offering the following in the non-redeemable GIC purchase pages of my online banking:

6 Months Non-Redeemable GIC
Posted Rate: 2.75%
Your Bonus: 1.75%
Your Rate: 4.50%

Shows up when GIC purchase amount is at least $5,000.

June 3, 2023
7:21 am
magicman
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i looked and can t find that offer anywhere.

June 3, 2023
7:33 am
Norman1
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The offer is not shown in any of the public pages of RBC Royal Bank's site. The offer is not shown on their usual GIC Rates page.

I see that rate offer and others when I sign into online banking and go through the online banking pages to purchase a non-redeemable GIC. With RBC, one needs to open a GIC account first that will hold the GIC's.

In online banking, go into the GIC account. Select "Purchase GIC". Click the "Buy Now" button for Non-Redeemable GIC's. Enter $5,000 for the GIC amount and click the "See Your Offers" button.

June 5, 2023
6:10 am
mechone
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Or just keep it in HIS account is paying 4.5% from may 1ST and end of Aug 31st at least thats what they are giving me ,but not my wife

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