Rates as of January 24, 2023
Value of Total Bank Sweep Balances(2,3)
AUA less than $10MM
| From | To | APY(1) |
|---|---|---|
| $5 million | and above | 3.30% |
| $2 million | $4,999,999 | 3.25% |
| $1 million | $1,999,999 | 2.00% |
| $500,000 | $999,999 | 1.50% |
| $250,000 | $499,999 | 1.10% |
| $100,000 | $249,999 | 0.90% |
| $0 | $99,999 | 0.85% |
AUA more than $10MM
| From | To | APY(1) |
|---|---|---|
| $5 million | and above | 3.35% |
| $2 million | $4,999,999 | 3.25% |
| $1 million | $1,999,999 | 2.05% |
| $500,000 | $999,999 | 1.55% |
| $250,000 | $499,999 | 1.15% |
| $100,000 | $249,999 | 0.95% |
| $0 | $99,999 | 0.90% |
- 1 Annual Percentage Yield (APY) is variable and subject to change at any time without notice.
- 2 Interest rate tiers are based upon value of total deposit balances (“Total Bank Sweep
Balances”) in your household. For more information on how household and Total Bank Sweep
Balance(s) are determined, please see the RBC Insured Deposits Terms and Conditions
. - 3 Employees of RBC Capital Markets and its affiliates who hold Accounts at RBC Capital Markets, LLC are eligible for the highest interest rate tier of RBC Insured Deposits.
In determining household Total Bank Sweep Balance values, RBC Wealth Management looks at multiple pieces of client information, including street address, tax ID, last name, telephone number, zip code and account type to determine which accounts belong together. RBC Wealth Management reserves the right to modify how it links household accounts and the right to amend the definition of eligible assets.
Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.