Scotia U.S. Dollar Daily Interest Account

A smarter way to save your U.S. dollars.

Open an account

Is this Account right for you? 

Right for you if you:

  • Need a savings account to save U.S. dollars 
  • Can benefit from up to 2 debit transactions per month included in this account

May not be right for you if you:

  • Do not need to save U.S. dollars
  • Need an account for everyday banking services in currency other than U.S. dollars

Top reasons to choose this account

The higher your balance, the higher your interest rate1

No monthly account fee with a $200 U.S. minimum balance

Competitive foreign exchange rates

Two free debit transactions

Account Details

Monthly Record-keeping Options and Fees, for complete details review Summary of Account Fees.

Monthly account fee

$1.00 US/month

(No monthly fee with a $200 U.S. minimum daily closing balance. $0.00 after Seniors Discount)

Transactions

2 free debit transactions per month2

Additional transactions are $1.25 US each

Tiered Interest

Tiered interest calculated on daily closing balance1

USD Drafts

 

No fee for US dollar drafts purchased from this account

Paperless

 

Free paperless recordkeeping

Helpful Account Services

Great services to help you manage your money

Free Scotia® InfoAlerts

Receive an email, or in app push notification when important account activity happens.

Online & Mobile Banking

Manage and monitor your money from wherever you are, whenever you want.

Direct Deposit

Have your paycheque, pension and more automatically deposited into your account and access your money right away.

Let's get started!

Apply online or in person

In person

Talk to a Scotiabank advisor.