RRSP Daily Interest Account
Make the most out of your RRSP
Get up to 2.70%* for a limited time
Grow your savings with an RRSP Daily Interest Account and get up to 2.70% interest. Offer ends February 28, 2026.
An easy and affordable way to make regular RRSP contributions.
Defer your taxes
Contributions are immediately tax-deductible—the investment income you earn isn't taxed until you access the funds in your Registered Retirement Savings Plan (RRSP).
Set it and forget it
Have the flexibility to set up recurring contributions from your paycheque—choose from weekly, bi-weekly, semi-monthly or monthly contributions with Pre-Authorized Contributions. Learn how.
Keep it fee-free
There are no fees associated with the RRSP Daily Interest Account and you can withdraw cash whenever you need to.1
Key product details
| Limited time bonus earned | Get 2.50% bonus interest on top of the regular interest rate for a total of up to 2.70%* interest on new deposits until February 28, 2026. |
| Interest earned | See current rates |
| Fees | No fees |
| Redeemable | Withdraw anytime1 |
| Contribution deadline | Monday, March 2, 2026 for the 2025 tax year |
Frequently asked questions
Interest is calculated on the daily closing balance and paid on the last day of every month.
In many cases, any withdrawals you make from your RRSP Daily Interest Account will be taxed at your current income tax rate at the time you make the withdrawal.
However, if you participate in the federal government's Home Buyers Plan (HBP) or Lifelong Learning Plan (LLP), you can withdraw funds from your RRSP and the tax won't be withheld.
The Home Buyers' Plan is a program that allows you to withdraw up to $35,000 in a calendar year from your RRSPs to buy or build a qualifying home for yourself or for a related person with a disability.
The Lifelong Learning Plan allows you to withdraw amounts from your Registered Retirement Savings Plan to finance full-time training or education for you or your spouse or common-law partner.
Please explore the links above for full details and disclosures about each plan and see if you qualify.
Yes. You can put part or all of your RRSP contributions into a plan in your spouse's or common-law partner's name. This will be referred to as a Spousal RRSP. It’s important to note that contributions to spousal or partner RRSP accounts affects your personal contribution limit.
In the year you turn 71, your RRSP matures and you claim the income (both the principal amount and the interest earned) from your investment.
Don't worry about getting a big tax bill. You have a number of retirement income options that allow your retirement savings to continue to grow in a tax-sheltered environment. Only payments to you from your plan are immediately taxed, so you can spread the tax on withdrawals over your retirement years.
The deadline for the 2025 tax year is Monday, March 2, 2026.
The maximum amount you can contribute to your RRSP is determined as follows:
- 2025: 18% of previous year’s earned income up to $32,490
- 2026: 18% of previous year’s earned income up to $33,810
- + (Plus) Pension Adjustment Reversal (PAR)
- + (Plus) Unused deduction room earned in previous years
- - (Minus) Previous year’s Pension Adjustment (PA)
- - (Minus) Current year’s Past Service Pension Adjustment (PSPA)
A reminder to review your contribution room as over-contributions could result in additional penalties or taxes. You can confirm your contribution limits through your CRA account.
This helpful article provides detailed steps for how to transfer funds using ATB Personal into your RRSP account.
Ready to get started?
Start shaping the retirement you want with the funds you have—put them in an RRSP Daily Interest Account.
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Taxes may be withheld on funds when you cash in, make withdrawals, or receive payments from your RRSP. Under specific circumstances (if you have the HBP or LLP) you can withdraw funds from your RRSP and without taxes being withheld.
*The bonus offer is available on net new funds deposited into a new or existing RRSP Daily Interest Account between September 15, 2025 and February 28, 2026. The bonus interest rate will be calculated on the daily closing account balance and paid out monthly on net new balances. Tax implications may be associated with this offer. This offer is subject to change without notice and cannot be combined with other offers.
Net new funds refers to the net increase in the account's balance resulting from deposit and withdrawal activity occurring exclusively during the campaign period. Additional contributions/deposits can come from a different ATB account type or by transferring funds from another financial institution
The up to 2.70% interest rate is the combination of the base interest rate of 0.20% on an RRSP Daily Interest Account, with the 2.50% bonus rate offered on net new deposits.
Related documents: ATB Little Book of RSP Info (PDF), Additional Services and Associated Charges (PDF)
The material on this page is for informational purposes only and should not be considered as ATB Financial offering tax, legal, financial or investment advice. ATB Financial cannot guarantee the accuracy or completeness of this page, but it is believed to be correct as of the time of publication. We recommend meeting with an ATB Financial Advisor before withdrawing funds from an RRSP.