Expires:
August 15, 2023
Retailer:
Royal Bank

 

RBC is offering this to existing customers starting today. Not sure if it is YMMV, but received in e-mail.

Earn 5.00% interest on new deposits to your existing eligible RBC High Interest eSavings. Account between May 10, 2023 to August 15, 20231. With every deposit, know that your savings are protected2 and you’re getting one step closer to achieving your goal.

But at least it now matches what Simplii is offering as well.


Legal Disclaimers

The Spring 2023 5.00% eSavings Bonus Offer (the “Offer”) is only available to existing clients of Royal Bank of Canada (the “Bank”) who are notified of their eligibility for the Offer by email directly from the Bank and/or when they log in to RBC Online Banking (“Eligible Clients”). This Offer is particular to the Eligible Client to whom it was presented by the Bank, and may not be transferred to or shared with any other party. The Offer is only applicable to new funds (as described in the full Terms & Conditions) of up to $1,000,000 (from non-RBC sources) deposited into an Eligible RBC High Interest eSavings Accounts from May 10, 2023 to August 15, 2023. The Promotional Interest Rate of 5.00% is calculated by adding the Bank’s Regular Interest Rate (on May 10, 2023 the Regular Interest Rate was 1.50%) with the Bonus Interest Rate (on May 10, 2023 the Bonus Interest Rate was 3.50%). The applicable Regular Interest Rate and Bonus Interest Rate are annualized rates, and interest earned at each of these rates, as applicable, is calculated daily and paid monthly. Important exclusions to the payment of interest at the Bonus Interest Rate apply if you close or switch an Eligible eSavings Account during the Promotional Period. Additional conditions also apply. This Offer and applicable interest rates are subject to change without notice. For defined terms and complete terms and conditions that apply to this Offer, please click here.