US Dollar Banking

US Dollar Savings Account

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Savings without borders.

Buy, save and earn

Purchase US dollars (USD) when exchange rates are attractive, automatically convert your Canadian deposit into USD and earn interest in USD.

Save on fees

A savings account with no monthly fee and reasonable draft and cheque fees, so you can concentrate on funding your next trip.

Save yourself the hassle

No excessive exchange fees. It's free to withdraw cash in-branch or transfer to another ATB account when it's time to put your savings to use.

Key product details

Interest earned $0 - $4,999.99: 0.25%1
$5,000 - $24,999.99: 0.25%1
$25,000 and over: 0.25%1
See current currency exchange rates
Monthly fee $0
Interac e-Transfer® Not available
Global Transfers $50 - $999.99: $5 USD
$1,000 - $5,000: Free
Special countries: $15 USD
Drafts $9.95 USD each

Frequently Asked Questions

Yes, you can. The US Dollar Savings Account can be opened as a joint account.

ABM transactions are not available for the US Dollar Savings Account.

The only bill payments you can make from a US Dollar Savings Account through ATB Personal and the ATB Personal banking app are to an ATB US Dollar Mastercard®.

Different interest rates are applied to each tier of the daily closing balance of the account--one tier being for a balance below $5,000, another tier being for a balance $5,000 and above, and another being for a balance $25,000 and above. The interest rate applied is based on the highest tier reached by the whole closing balance of the account. For example, a balance of $8,000 in a US Savings Account would receive an interest rate of 0.10% on the entire balance.​​​​​​​​​​​​​​

Ready to get started?

With the US Dollar Savings Account, you'll be ready for your next USD purchase or a trip across the border.

​Find the right US dollar banking solution for you.

Need help?

Our Client Care team will be happy to assist.