Interest Rates applied to account balances*

As of May 22, 2013 our interest rates are as follows:

Credit balances
	Canadian dollar accounts	US dollar accounts
Under $10,000	0.10%	0.10%
$10,000 - $24,999	0.10%	0.10%
$25,000 - $49,999	0.10%	0.10%
$50,000 - $59,999	0.10%	0.10%
$60,000 - $99,999	0.10%	0.10%
$100,000 and over	0.10%	0.10%

Debit balances
	Canadian dollar accounts	US dollar accounts
Under $10,000	5.00%	5.50%
$10,000 - $24,999	4.75%	5.25%
$25,000 - $49,999	4.50%	5.00%
$50,000 - $99,999	4.25%	4.75%
$100,000 and over	4.00%	4.50%

Registered accounts
	Canadian dollar accounts	US dollar accounts
All credit balances	0.10%	0.10%
All debit balances	5.00%	5.50%

How rates are calculated
	Canadian dollar margin rates†	US dollar margin rates†
Under $10,000	$CDN Prime + 2.00%	$USD Prime + 2.25%
$10,000 - $24,999	$CDN Prime + 1.75%	$USD Prime + 2.00%
$25,000 - $49,999	$CDN Prime + 1.50%	$USD Prime + 1.75%
$50,000 - $99,999	$CDN Prime + 1.25%	$USD Prime + 1.50%
$100,000 and over	$CDN Prime + 1.00%	$USD Prime + 1.25%

† Based on Royal Bank prime rates as of May 22, 2013. $CDN Prime= 3.00% and $USD Prime= 3.25%. Rates are subject to change.

* RBC Financial Group retains the right to change interest rates on a discretionary basis. A committee comprised of individuals representing various authorities within RBC Dominion Securities administers these interest rates. These rates are adjusted from time to time based on various factors, including, but not limited to, competitive analysis, Bank of Canada and other bellwether rates, and/ or cash rates. Interest amounts less than $5 are neither charged nor paid on regular accounts and interest amounts less than $1 are neither charged nor paid on special product accounts. Rate changes of less than 1% will be processed on the 22nd of the month. The average daily cash balance for the month determines the tier that will be used to establish the rate.