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RBC 2.5% targeted existing customers
May 5, 2022
7:17 pm
lozza
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May 5, 2022
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To help grow your savings faster you will earn 2.50% interest on new funds deposited to your existing eligible RBC High Interest eSavings Account between May 5th, 2022 to July 31st, 2022.
To get started, simply move your money into your eligible account which you can do in a number of ways:
Directly transfer funds from another financial institution

Use the RBC Mobile app to deposit a cheque

Visit a branch to deposit your funds
This offer applies to all new funds deposited during the above period from outside RBC.

May 5, 2022
9:07 pm
BK
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Warning: Avoid RBC at all costs. They will service charge you to death. They are only motivated by pure profit.

May 8, 2022
7:01 am
RetirEd
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Royal likes to boast of winning banking awards. They are referring to the industry recognition they get for creative new fees and charges.
RetirEd

May 8, 2022
7:55 am
turquoise
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RetirEd said
Royal likes to boast of winning banking awards. They are referring to the industry recognition they get for creative new fees and charges.
RetirEd  

LOL those awards are so bogus. It's like self-pitching a home run and then thinking you're Vlad Jr.

I'm not a fan of a lot of what RBC does -- including the fact that they're going to increase registered and non-registered external transfers to $150 -- but emotions aside the 2.5% e-savings offer (which sparked this thread) is not bad.

You just gotta make sure that you push funds directly into the e-savings account, and not first to another RBC savings/chequing account and then to the e-savings account. RBC won't connect the dots.

May 8, 2022
7:57 am
Oscar
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RetirEd said
Royal likes to boast of winning banking awards. They are referring to the industry recognition they get for creative new fees and charges.
RetirEd  

Like these: https://www.highinterestsavings.ca/forum/rbc-royal-bank/transfer-out-fee/

May 8, 2022
9:43 am
rhvic
Victoria, BC
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Did this offer of 2.5% come via email to selected customers only? I am an RBC client and I did not receive anything from them about this. If it is on their web site, please provide a link.

Thanks.

May 8, 2022
10:40 am
JohnnyCash
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rhvic said
Did this offer of 2.5% come via email to selected customers only? I am an RBC client and I did not receive anything from them about this. If it is on their web site, please provide a link.

Thanks.  

The offer on the RBC website is for new eSavings clients only. Those that received the email offer as existing eSavings clients were specifically targeted.

See the FAQs at the bottom of the link below:

https://www.rbcroyalbank.com/investments/psi/hisa.html

Please write your comments in the forum.