Here at Peak Personal Finance, we look at every aspect of your personal finances that we can. One of those is saving for the future – whether it be to stabilize another risky investment or to save for a specific reason or event. Certificate of deposit accounts are popular for both of those, because they are a stable, guaranteed investment with an account backed by the FDIC. One of our readers recently asked us our opinion of RBC Bank and how RBC CD rates stack up.

Currently, RBC Bank CD rates come in four types, some of which are also available as IRA options. Each have different options and opportunities, so which one you use will depend on your situation. The CD rates that will suit your needs might be different, but usually the best CD rates are what people want.

For that, we look at the RBC CD rates specials which are on six options, three of which are Jumbo rates. The 3 non-Jumbo accounts have a minimum deposit and balance requirement of $5,000. For 15 months, the return is 1.20% annual percentage yield (APY), for 25 months it’s 1.70% APY, and for 60 months its 2.90% APY.

The same term lengths are available for Jumbo RBC certificate of deposit rates at a $100,000 minimum deposit and balance requirement. These have the same return as those above, but in simple interest rather than APY.

Of course, all accounts at RBC are fully FDIC insured. Consult with a trusted financial adviser before making any investment decision. If any of these best CD rates at RBC appeal to you, lock in your RBC Bank CD rates today.