Cash and Margin Rates and GIC rates


GIC Rates

The latest GIC rates in PDF format.


Interest Rates applied to account balances*

As of March 30, 2020 our interest rates are as follows:

Credit balances
  Canadian dollar accounts US dollar accounts
Under $10,000 0.05% 0.05%
$10,000 - $24,999 0.05% 0.05%
$25,000 - $49,999 0.05% 0.05%
$50,000 - $59,999 0.05% 0.05%
$60,000 - $99,999 0.05% 0.05%
$100,000 and over 0.05% 0.05%
Debit balances
  Canadian dollar accounts US dollar accounts
Under $10,000 4.45% 5.50%
$10,000 - $24,999 4.20% 5.25%
$25,000 - $49,999 3.95% 5.00%
$50,000 - $99,999 3.70% 4.75%
$100,000 and over 3.45% 4.50%
Registered accounts
  Canadian dollar accounts US dollar accounts
All credit balances  0.05%  0.05%
All debit balances  4.45%  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 March 30, 2020. $CDN Prime= 2.45% 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.

Regulated by: