Skip to Main Content

Personal Banking >


Certificates of Deposit (CDs)


Grow your money quickly over a short period of time with Certificates of Deposit (CDs). Choose your term, and when it expires you'll have the option to renew your investment at a current interest rate, cash out, or transfer your funds to another investment or savings account. With a guaranteed return on your investment, interest rate bonuses for Preferred Checking account holders and the security of FDIC insurance, CDs make a great choice during any market condition.

Check out current interest rates on CDs and select a savings option that works for you.

View Rates

Fixed-Rate CDs

Save over a specific time period and earn a guaranteed return on your money.

  • Interest rate fixed during CD term
  • Terms from 7 days to 5 years
  • Interest paid quarterly, semi-annually, annually or at maturity

Rising Rate CDs

Raise your investment expectations with the flexibility of a Rising Rate CD.

  • Interest rate guaranteed to increase every six months until maturity
  • Term of 2 years
  • Access funds in their entirety without penalty on each six-month anniversary

PrimeLink CDs

Take advantage of a financial market where interest rates have a strong propensity to rise. A PrimeLink CD earns more or less based on the ever-variable Prime Lending Rate.

  • Interest rate adjusts based on RBC Bank's Prime Lending Rate1
  • Term of 1 year
  • Deposit additional funds into your PrimeLink CD at any time
  • Interest paid quarterly, semi-annually, annually or at maturity

Flex14 Fund CDs

Watch your money “flex” with the market in this flexible 14-day CD.

  • Minimum deposit of $10,000
  • Interest rate is market driven; guaranteed to pay an interest rate that is no less than 1.50% below the prevailing 91-day Treasury bill interest rate
  • Term of 14 days with automatic renewal
  • Deposit or withdraw funds without penalty every 14 days

More about CDs

  • Substantial penalties apply to early withdrawals.
  • $1,000 minimum deposit required ($10,000 for Flex14 Fund); higher balance tiers offer higher interest rates.
  • Qualify for Preferred Checking with investments of $10,000 or more.
  • Interest payments can compound for maximum Annual Percentage Yield (APY). For Fixed Rate, PrimeLink and Flex14 CDs, you may also choose to have payments transferred to other RBC Bank accounts or mailed to you.
  • FDIC insured.2

Apply Now

To open an account, apply online, call 1-877-RBC BANK (877-722-2265) or visit your RBC Bank banking center today.

1The interest rate may change at any time without prior notice.

2Exact amount of FDIC insurance depends on amount of deposit and nature of ownership interest.