RBC GIC & Savings Rates
Rates last updated Nov 7, 2026
RBC's best GIC rate is currently 2.75% on its 5-Year GIC. It has the best tracked rate in 2 of the 11 GIC terms we monitor.
Deposits at RBC (opens in a new tab) are insured by the Canada Deposit Insurance Corporation (CDIC), which protects eligible deposits up to $100,000 per insured category, per member institution. Learn more at cdic.ca (opens in a new tab).
RBC is available to residents of every province and territory.
RBC GIC Rates by Term
| Product | Rate | Interest Paid | Min. Investment | Best Tracked Rate |
|---|---|---|---|---|
| 1-Month GIC (opens in a new tab) | 2.15% | At maturity | None | Best rate ✓ |
| 2-Month GIC (opens in a new tab) | 2.35% | At maturity | None | Best rate ✓ |
| 3-Month GIC (opens in a new tab) | 2.40% | At maturity | None | 4.40% at Duca |
| 6-Month GIC (opens in a new tab) | 2.40% | At maturity | None | 3.01% at Tru Cooperative Bank |
| 9-Month GIC (opens in a new tab) | 2.40% | At maturity | None | 3.30% at EQ Bank |
| 1-Year GIC (opens in a new tab) | 2.45% | Annual | None | 4.25% at Haventree Bank |
| 1.5-Year GIC (opens in a new tab) | 2.50% | Annual | None | 4.10% at Wealth One Bank of Canada |
| 2-Year GIC (opens in a new tab) | 2.55% | Annual | None | 4.30% at Wealth One Bank of Canada |
| 3-Year GIC (opens in a new tab) | 2.55% | Annual | None | 4.40% at Wealth One Bank of Canada |
| 4-Year GIC (opens in a new tab) | 2.70% | Annual | None | 4.45% at Wealth One Bank of Canada |
| 5-Year GIC (opens in a new tab) | 2.75% | Annual | None | 4.55% at Wealth One Bank of Canada |
RBC Mortgage Rates
| Product | Rate | Lowest Tracked Rate |
|---|---|---|
| 1-Year Fixed Mortgage (opens in a new tab) | 5.14% | 4.19% at Steinbach Credit Union |
| 2-Year Fixed Mortgage (opens in a new tab) | 5.14% | 4.19% at Steinbach Credit Union |
| 3-Year Fixed Mortgage (opens in a new tab) | 5.09% | 4.19% at Steinbach Credit Union |
| 4-Year Fixed Mortgage (opens in a new tab) | 5.14% | 4.29% at Steinbach Credit Union |
| 5-Year Fixed Mortgage (opens in a new tab) | 5.14% | 4.39% at Steinbach Credit Union |
| 7-Year Fixed Mortgage (opens in a new tab) | 5.25% | 4.99% at Prospera Credit Union |
| 10-Year Fixed Mortgage (opens in a new tab) | 6.90% | 5.36% at Prospera Credit Union |
| 5-Year Variable Mortgage (opens in a new tab) | 4.40% | 3.80% at Steinbach Credit Union |
Closed-term rates for conventional mortgages. Compare every lender in the best Canadian mortgage rates overview or the mortgage rate comparison.
Compare Before You Commit
Rates change frequently and the leader varies by term. See today's best GIC and HISA rates, view every institution side by side in the deposit rate comparison, or estimate your return with the GIC calculator.
RBC Rates: Frequently Asked Questions
What is RBC's best GIC rate right now?
RBC's best GIC rate is currently 2.75% on its 5-Year GIC (as of Nov 7, 2026). The best tracked rate for the same term in Canada is 4.55% from Wealth One Bank of Canada.
What is RBC's 1-year GIC rate?
RBC currently pays 2.45% on a 1-year non-registered GIC (as of Nov 7, 2026). The best 1-year GIC rate we track in Canada is 4.25% from Haventree Bank.
Are RBC GICs and deposits insured?
Yes. Eligible deposits at RBC Royal Bank are protected by the Canada Deposit Insurance Corporation (CDIC), which protects eligible deposits up to $100,000 per insured category, per member institution.
Who can open an account with RBC?
Residents of every province and territory can open an account with RBC.
Does RBC offer a high interest savings account?
We don't currently track a high interest savings account from RBC. We only track its GIC rates. See our full rate comparison for the best HISA rates in Canada.
How do RBC's GIC rates compare to other Canadian banks?
RBC currently has the best tracked rate in 2 of the 11 GIC terms we monitor. Use our side-by-side rate comparison to see how RBC stacks up against 37 other Canadian institutions across every term.
GIC Rates at Other Canadian Institutions
- Achieva Financial GIC Rates
- Alterna Bank GIC Rates
- ATB Financial GIC Rates
- Beem Credit Union GIC Rates
- BMO GIC Rates
- Scotiabank GIC Rates
- CIBC GIC Rates
- Canadian Tire Bank GIC Rates
- DUCA Credit Union GIC Rates
- EQ Bank GIC Rates
- FirstOntario Credit Union GIC Rates
- Hubert Financial GIC Rates
- Haventree Bank GIC Rates
- ICICI Bank Canada GIC Rates
- Kindred Credit Union GIC Rates
- Kawartha Financial Services GIC Rates
- Libro Credit Union GIC Rates
- Meridian Credit Union GIC Rates
- Manulife Bank GIC Rates
- National Bank of Canada GIC Rates
- Northern Birch Credit Union GIC Rates
- Northern Credit Union GIC Rates
- Oaken Financial GIC Rates
- Outlook Financial GIC Rates
- Prospera Credit Union GIC Rates
- Peoples Trust GIC Rates
- Pathwise Credit Union GIC Rates
- Saven Financial GIC Rates
- Steinbach Credit Union GIC Rates
- Servus Credit Union GIC Rates
- Simplii Financial GIC Rates
- TD GIC Rates
- Tangerine GIC Rates
- Tru Cooperative Bank GIC Rates
- WFCU Credit Union GIC Rates
- WealthONE Bank GIC Rates
- Your Neighbourhood Credit Union GIC Rates
Rates shown are for non-registered CAD deposits and may not reflect promotional or registered-plan offers. Always verify current rates with RBC (opens in a new tab) before making any decisions.
How we collect rates: We regularly collect rates from publicly available information published by financial institutions, with automated checks and periodic spot checks for accuracy.