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RDS:
Amazon Relational Database Service (Amazon RDS) makes it easy to set up, operate, and scale a relational database in the cloud. It provides cost-efficient and resizable capacity while automating time-consuming administration tasks such as hardware provisioning, database setup, patching and backups. It frees you to focus on your applications so you can give them the fast performance, high availability, security and compatibility they need.
RedShift:
Redshift is a completely managed data warehouse as a service and can scale up to petabytes of data while offering lightning-fast querying performance. The querying engine is PostgreSQL complaint with small differences in data types and the data structure is columnar. Non relational database.