MONEY IS
IMPORTANT IN
THIS WORLD

Finances24.pro

Save for the Future with a Tax-Free Savings Account (TFSA) at RBC Direct Investing


If you don’t have an account with us yet, the easiest way to transfer an account is when you open your new account online. If you’re an existing client, you can use our secure online transfer form to transfer your account from another institution. You can also download the form and visit us in person, or call us at1-800-769-2560 . For details, see Transfer from Another Financial Institution.

Read related FAQs

The commission for GICs is included in the quoted price2. For T–bills, Bonds, Debentures and Money Market Instruments, a commission of $25 - $250 per transaction3 is also included in quoted price.

Read related FAQs

If you’re comfortable with fluctuating returns, stocks offer a variety of benefits including the potential for superior long-term returns compared to cash and fixed income investments and the possibility to earn dividends and capital gains.

Read related FAQs

If you’re comfortable with fluctuating returns, stocks offer a variety of benefits including the potential for superior long-term returns compared to cash and fixed income investments and the possibility to earn dividends and capital gains.

Read related FAQs

You can purchase call options or put options, write covered calls and, with special exception, write naked puts. Additional spread strategies are not allowed.

Read related FAQs

An RRSP is the go-to choice for most investors. A TFSA can be used to save for any purpose–including retirement or short-term goals. A TFSA lets you withdraw funds at any time, you can open an account after age 71, and you don’t need to earn an income in order to contribute.

Read related FAQs

  • Most ETFs have low fees, making them a cost–effective way to diversify a portfolio
  • ETFs can give you access to a wide variety of sectors and indices, helping you achieve diversification
  • ETFs offer the same liquidity (ability to easily buy and sell) as

    other securities that trade on major exchanges

Read related FAQs

While many GICs cannot be sold prior to maturity, RBC Direct Investing offers cashable GICs that can be redeemed after 30 days.

Read related FAQs

The commission for GICs is included in the quoted price2. For T–bills, Bonds, Debentures and Money Market Instruments, a commission of $25 - $250 per transaction3 is included in quoted price.

Read related FAQs

A beneficiary named on your RRSP does not have to wait until after your bills are paid or assets distributed to receive the money2. What’s more, if your beneficiary is your spouse/partner or a dependent child, your estate may save on taxes as the money doesn’t have to be entered as income on your final tax return.

Read related FAQs

Enjoy no maintenance fee when you hold combined assets of $15,000 or more across your RBC Direct Investing accounts. And there are several other ways to lower your fees at RBC Direct Investing. For example, set up a Pre–Authorized Contribution Plan6 of at least $100 per month ($300 per quarter). See our Pricing page for more ways to save on fees with us.

Read related FAQs

Enjoy no maintenance fee when you hold combined assets of $15,000 or more across your RBC Direct Investing accounts. And there are several other ways to lower your fees at RBC Direct Investing. For example, set up a Pre–Authorized Contribution Plan5 of at least $100 per month ($300 per quarter). See our Pricing page for more ways to save on fees with us.

Read related FAQs

You can open a non-personal account by making an appointment at your closest RBC Royal Bank branchRBC Royal Bank branch or RBC Direct Investing Investor Centre, or you can select the account type and download and print the appropriate PDF application forms.

Read relevant FAQs


Category: Savings account

Similar articles: