Can I use the RBC High Interest eSavings account for everyday transactions?
No, it's mainly designed for savings, not day-to-day banking. Additional transactions beyond the one free monthly debit come with a $5 fee.
Is there a maximum amount on which I can earn the high interest rate with the RBC High Interest eSavings account?
No, there is no maximum balance restriction for earning interest.
Can I set up automatic transfers to my RBC High Interest eSavings account?
Yes. RBC provides the capability for you to configure automatic transactions from your current account to your eSavings account, thanks to the Save-Matic tool.