Rbc Deals in Toronto
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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!
- 2.99% 4-Year Fixed Rate Mortgage at RBC Royal Bank
- 2.99% 4-Year Fixed Rate Mortgage at TD Canada Trust
- 2.99% 4-Year Fixed Rate Mortgage at Scotiabank
- 2.99% 4-Year Fixed Rate Mortgage at CIBC
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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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

