Rbc Deals in Toronto

  • 2.99% 4-Year Fixed Rate Mortgages @ CIBC, RBC, TD, and Scotiabank - Toronto Deal

    Popularity

    100%

    RedFlagDeals.com

    2.99% 4-Year Fixed Rate Mortgages @ CIBC, RBC, TD, and Scotiabank

    After BMO jumped out of the gate with a 5-year fixed rate mortgage at 2.99%, other financial institutions have responded aggressively with low mortgage rate offers of their own. Now, multiple banks have 2.99% 4-year fixed rate mortgages!

    Instead of the extra year you get from BMO, these 4-year mortgages tend to have a more flexibility in terms of paying off your mortgage -- longer amortization periods and higher prepayment/payment increase options, for instance. No offer is definitively better than the other since everyone has different needs.

    All in all, it's a good time if you're hunting for a mortgage. Even if you aren't, educating yourself now will help you in the long run. You can start doing more research with the RedFlagDeals.com mortgage rate comparison tool.

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  • RBC Welcomes Immigrants to Canada: Free Banking, Safe Deposit Box - Toronto Deal

    Popularity

    1%

    Royal Bank - Bloor & Yonge

    RBC Welcomes Immigrants to Canada: Free Banking, Safe Deposit Box

    Like Scotiabank, RBC is now offering new Canadian immigrants a bit of a jump start on their banking with the RBC Welcome to Canada Package. The details of their package are not very clear online but it at least includes no fee banking and a safe deposit box free for a year. Here's what they're showing:
    • All-inclusive RBC Signature No Limit Banking account
    • Free rental of a small safe deposit box for one year
    • Preferred rate on non-redeemable GIC
    • Free copy of "Understanding Banking in Canada" – an RBC Advice Guidebook
    To qualify you'll need to have arrived within Canada in the last three years and show proof of immigration.
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