TD Bank vs RBC (2026)
A detailed side-by-side comparison of Big Six banking — rates, fees, features, and who each account is best for.
Quick Answer
For pure savings rate, RBC currently offers a higher regular HISA rate. But the best choice depends on your full banking needs — read the full comparison below.
Rate Comparison
TD Bank
0.45%
1.50% promo until Not time-limited — TD Growth Savings Account's balance-tiered Boosted Rate, requires a linked eligible TD Chequing Account and 2 of 3 Qualifying Monthly Transactions/month. Tiers: $5k=0.50%, $10k-$99,999=1.00%, $100k-$499,999=1.30%, $500k+=1.50%.
TD ePremium Savings Account: 0.45% flat on balances $10,000-$1,000,000, no linked account needed. TD Growth Savings Account offers a higher tiered rate but requires a linked TD Chequing Account with 2 of 3 monthly transactions — see promo fields.
RBC
0.55%
4.60% promo until 2026-10-27
High Interest eSavings Account. Base ongoing rate 0.55%. New clients opening an eSavings account for the first time earn 4.60% for the first 3 months (offer expires 3pm EST Oct 27, 2026), then reverts to 0.55%.
TD Bank vs RBC — Full Comparison
| Feature | TD Bank | RBC |
|---|---|---|
| Monthly Fee | None | None |
| Minimum Balance | None | None |
| Interac e-Transfer | Unlimited | Unlimited |
| CDIC Coverage | Yes | Yes |
| Mobile App | Yes | Yes |
| Joint Accounts | Yes | Yes |
| USD Account | Yes | Check site |
Verify current features directly with each institution — terms change.
Choose TD Bank if…
- You want the highest regular savings rate
- You prefer a straightforward no-fee account
- You already bank with their ecosystem
Choose RBC if…
- You want a promotional rate boost right now
- You prefer a full-service digital bank experience
- You want additional products in one place