2.75% RBC 1-yr non-redeemable US Dollar GIC | RBC Royal Bank | Discussion forum

It was here on the forum several years ago that I saw a post about a USD 3.00% GIC at RBC. The local branch had never heard of it and could not find it, but I did some digging and reached an RBC investment advisor who could help. I opened an account. The second year I reinvested, though it fell to 1.75%. The third year it went very low, and I moved to EQ at 1.00% (now 1.25%). On a hunch I reached out to RBC a week ago and learned they again have a competitive product at 2.75%, and I moved our US funds to that.

This GIC is 1 year, non-redeemable, any amount, available to both new and existing RBC clients, but not insured by CDIC. It is not advertised, and the available rate may fluctuate. I asked, and was told by the fellow who assisted me that he could be named here with his contact number in BC. (He said he could assist a client outside BC, too.). This is who helped me set it up: Chad MacMillan, RBC Investments, 604-626-7354.