This RBC Bank CD rates March, 2014 update by Highest CD Rates is about our friends north of the border. The following offers are available for both American and Canadian citizens. Since the last time we visited this financial institution, the CD rates for terms of 3 year and greater have seen significant increases. The largest increase is in the 5 year CD with a boost of 0.97% in the APY it is now earning. The 6 month and 1 year CDs also so an increase but they were smaller at 0.30% and 0.10% APY respectively.
The current CD rates include the 6 month CD that is earning an APY of 0.50%. The 1 year CD is earning an APY of 0.60%. The 2 year CD is earning an APY of 0.75%.
The 3 year CD is earning an APY of 1.11%. The 4 year CD is earning an APY of 1.51%. The best CD rates are from the 5 year CD that is earning an APY of 2.02%.
At this time there is no openly advertised minimum deposit required for you to obtain the RBC Bank certificate of deposit rates but it was set at $1,000 in the past.
The Royal Canadian Bank is represented in America by the logo RBC Bank and is based out of Georgia. All funds associated with this bank are in US currency.
The RBC CD rates were posted on March 10, 2014, but are subject to change without any prior notice.