Savings Account USD CDIC Insured
Scotiabank

Scotia U.S. Dollar Daily Interest Account

A smarter way to save your U.S. dollars with tiered interest and competitive foreign exchange rates.

Rate up to 0%
Monthly fee $1/mo
Transactions 2/month
Minimum deposit $0
CURRENT OFFERS

Promotions and account value

Additional promotion

No fee for US dollar drafts purchased from this account. Free paperless recordkeeping.

EARNINGS

Rates and interest details

A specific interest rate is not currently listed for this product.

Balance-tier schedule

BalanceStandard rateBoosted rateCondition
$0+ 0% Standard eligibility applies
COSTS

Fees and account limits

Monthly fee$1/mo
Fee-waiver balance$200
Minimum deposit$0
Maximum depositNot listed
Included transactions2/month
Bundled productNot specified

Detailed fee schedule

FeeAmountFrequency or allowanceAdditional use
Monthly Maintenance FeeWaived with a minimum $200 USD daily closing balance. $0.00 monthly fee for Seniors 60+. $1.00 Unlimited -
Per-Transaction Fee2 free debit transactions per month. Additional transactions are $1.25 USD each. (Includes cheques, pre-authorized payments, cash withdrawals, and account transfers). - Per Use $1.25
ACCOUNT EXPERIENCE

Features and benefits

Online and Mobile Banking

Online and Mobile Banking

CDIC Insured

US Dollar Account

WHO CAN APPLY

Eligibility and access

Minimum ageNot specified
AvailabilityAvailable nationally
Mobile appYes
Online bankingYes
Branch accessNo

CDIC Insured: This product is identified as eligible for CDIC deposit protection, subject to applicable limits and conditions.

Seniors
IMPORTANT INFORMATION

Terms and disclosures

Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with Scotiabank before opening the account.

Product information last reviewed or updated Mar 12, 2026.