Rate option 1
2.5%
- Compounding
- Monthly
- Calculation
- Daily Closing Balance
Savings Account
USD
CDIC Insured
EQ Bank
EQ Bank US Dollar Account
High interest earnings on US dollars with easy transfer features and competitive exchange rates. No monthly fees or minimum balance required.
Interest rate
2.5%
Monthly fee
No monthly fee
Transactions
Not listed
Minimum deposit
$0
EARNINGS
Rates and interest details
COSTS
Fees and account limits
Monthly feeNo monthly fee
Fee-waiver balanceNot listed
Minimum deposit$0
Maximum depositNot listed
Included transactionsNot listed
Bundled productNo
Detailed fee schedule
| Fee | Amount | Frequency or allowance | Additional use |
|---|---|---|---|
| International Money Transfer FeeNo EQ Bank markup on currency conversion; competitive exchange rates apply. | - | Per Use | - |
| Per-Transaction FeeUSD-to-USD transfers within Canada and EFTs to linked accounts are free. International transfers via Wise have a fee charged by Wise. | - | Per Use | - |
ACCOUNT EXPERIENCE
Features and benefits
No Monthly Fees
Zero monthly fees.
No minimum balance
No minimum balance.
Online and Mobile Banking
International money transfers powered by Wise.
CDIC Insured
Eligible for CDIC protection.
US Dollar Account
U.S. Dollar Account.
WHO CAN APPLY
Eligibility and access
Minimum ageNot specified
AvailabilityAvailable nationally
Mobile appYes
Online bankingYes
Branch accessNot specified
CDIC Insured: Eligible for CDIC protection.
COVERAGE
Registration, networks and availability
Registration options
- NONREGNon-Registered
IMPORTANT INFORMATION
Terms and disclosures
Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with EQ Bank before opening the account.