RBC vs TD Bank Banking Comparison

Compare the best rates and features from top Canadian banks. Find the best deal for your savings with CDIC-insured protection.

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📊 Side-by-Side Comparison

RBC

Product Rate Term
Royal Bank High-Interest eSavings 4.70% Ongoing
RBC High Interest eSavings 4.70% Ongoing
WealthONE Bank of Canada 2 Year GIC 3.75% 2 years
WealthONE Bank of Canada 3 Year GIC 3.70% 3 years
WealthONE Bank of Canada 1 Year GIC 3.65% 1 year

TD Bank

Product Rate Term
GIC (5-year) 3.00% 5-year
TD Bank 5 Years GIC 3.00% 5 years
TD Bank 2 Years GIC 2.85% 2 years
TD Bank GICs 2.80% Ongoing
TD Bank 1 Year GIC 2.80% 1 year

❓ Frequently Asked Questions

How accurate are these interest rates?

We update our rates regularly by scraping bank websites. However, rates can change frequently, so always verify with the bank before making decisions.

Are all these banks CDIC insured?

Most major Canadian banks are CDIC insured, providing up to $100,000 protection per depositor. Check individual bank details for CDIC membership status.

How often do interest rates change?

Interest rates can change at any time based on Bank of Canada policy rates and market conditions. Some banks change rates more frequently than others.

What should I consider when choosing a savings account?

Consider the interest rate, minimum deposit, fees, accessibility, and whether the institution is CDIC insured.