RBC TFSA Rates - Updated August 2025

Compare RBC Tax-Free Savings Account rates and features. Find the best deal for your savings with CDIC-insured protection.

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About RBC

RBC is Canada's largest bank by market capitalization, offering comprehensive banking services.

Bank Details

Key Features

  • Large ATM network
  • Full-service branches
  • Investment services
  • Mobile banking

About Tax-Free Savings Account

A registered account that allows Canadians to earn tax-free investment income.

Tax Treatment: Tax-free growth and withdrawals
Liquidity: High - withdraw anytime
Risk Level: Varies by investment choice

Best For:

  • Emergency funds
  • Short to medium-term goals
  • Tax-free growth
  • Flexible savings

📊 How RBC Compares to Other Banks

Tangerine

4.50%

Tangerine Tax-Free Savings Account

View Details

Simplii Financial

3.65%

TFSA Savings Account

View Details

WealthONE Bank of Canada

3.10%

WealthONE Bank of Canada Tax-Free Savings Account

View Details

Saven Financial

2.90%

Saven Financial TFSA

View Details

National Bank

2.75%

National Bank Cash Advantage Solution TFSA

View Details

Wealthsimple

2.75%

Wealthsimple Registered Savings Account (TFSA)

View Details

❓ Frequently Asked Questions

What is the current RBC TFSA rate?

Current RBC Tax-Free Savings Account rates vary based on term and balance. Use our comparison tool for the most up-to-date rates.

What is the minimum deposit for RBC TFSA?

The minimum deposit for RBC Tax-Free Savings Account is $0.

Is RBC CDIC insured?

Yes, RBC is a CDIC member institution.

How does RBC TFSA compare to other banks?

Use our comparison tool to see how RBC Tax-Free Savings Account rates and features compare to other Canadian banks.

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