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Interest Rates on Cash and Margin Balances

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Investment Account (Non-Registered)

If credit balance is: $CDN [%] $US [%]
$100,000 and over 0.00 0.00
$50,000 to $99,999 0.00 0.00
$25,000 to $49,999 0.00 0.00
$0 to $24,999 0.00 0.00

Royal Circle Investment Account (Non-Registered)

If credit balance is: $CDN [%] $US [%]
$500,000 and over 0.00 0.00
$250,000 to $499,999 0.00 0.00
$100,000 to $249,999 0.00 0.00
$50,000 to $99,999 0.00 0.00
$25,000 to $49,999 0.00 0.00
$0 to $24,999 0.00 0.00

Self-Directed RSP, TFSA and RIF Accounts (Registered)

If credit balance is: $CDN [%] $US [%]
All Balances 0.00 0.00

NOTES

  • Interest rates are subject to change without notice at any time.
  • Rates shown are calculated on a per annum basis.
  • Interest rates are paid on the cash portion of Investment and Registered accounts.
  • Both cash and securities can be held in the same account.
  • Investment accounts can contain Canadian and U.S. dollar balances in the same account.
  • Deposit interest is paid on the first business day after the 21st of each month.
  • Deposit interest is calculated on the average daily balances in the account for the month.
  • No interest is paid on accounts when the monthly interest amount is less than $5 per month.

Debit balances carried in any account not approved to borrow against investments held in the account will be charged an interest rate according to the below chart.

Cash Investment Account

If debit balance is: $CDN [%] $US [%]
All Balances 21.00 21.00

Royal Circle Cash Investment Account

If debit balance is: $CDN [%] $US [%]
$100,000 and over 19.75 19.75
$25,000 to $99,999 20.50 20.50
$0 to $24,999 21.00 21.00

RSP, TFSA and RIF Accounts

If debit balance is: $CDN [%] $US [%]
All Balances 21.00 21.00

NOTES

  • Interest rates are subject to change without notice at any time.
  • Rates shown are calculated on a per annum basis.
  • Debit interest is charged on the first business day after the 21st of each month.
  • Debit interest is calculated on the average daily balances in the account for the month.
  • No debit interest is charged on accounts when the monthly interest amount is less than $5 per month.

Investment Account (Non-Registered)

If debit balance (margin) is: $CDN [%] $US [%]
$25,000 and over 5.35 6.50
$0 to $24,999 5.35 6.50

Royal Circle Investment Account (Non-Registered)

If debit balance (margin) is: $CDN [%] $US [%]
$100,000 and over 4.10 5.50
$50,000 to $99,999 4.85 6.00
$25,000 to $49,999 4.85 6.00
$0 to $24,999 5.35 6.50

NOTES

  • Interest rates are subject to change without notice at any time.
  • Rates shown are calculated on a per annum basis.
  • Both cash and securities can be held in the same account.
  • Investment accounts can contain Canadian and U.S. dollar balances in the same account.
  • Overdraft interest is charged on the first business day after the 21st of each month.
  • Overdraft interest is calculated on the average daily balances in the account for the month.
  • No interest is charged on accounts when the monthly interest amount is less than $5 per month.

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