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Pros & Cons

Pros

  • +No monthly fee

Cons

  • Limited transactions
  • Low regular interest rate

Current Promotion

The National Bank US Dollar Account allows you to hold and grow your US dollars, with a progressive interest rate based on the balance.

Ideal for frequent travelers to the United States and purchases in US currency. No fixed monthly fees and deposits protected by CDIC.

Account Features

  • E-StatementNot included
  • Unlimited TransactionsNot included
  • Unlimited Interac e-TransfersNot included

Terms and conditions

  • U.S. Dollar Savings Account
  • Progressive interest rate based on the balance (up to 0.10%)
  • No fixed monthly fees
  • Ideal for purchases and travel to the United States
  • CDIC eligibility for all deposits

Related Accounts

*Conditions apply.

Conditions apply. All information is believed accurate but not guaranteed. Account details, rates, and offers are subject to change at any time. Always verify the latest terms on the institution's website. Tori Points may receive compensation through affiliate links. This does not affect our editorial choices or rankings. © 2026 National Bank of Canada. All trademarks are property of their respective owners.