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US Dollar Banking
US Dollar Savings Account
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: 0.05%1 $5,000 - $24,999.99: 0.10%1 $25,000 and over: 0.10%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 | $7.50 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 Online® and ATB Mobile 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.
Interest is calculated on the daily account closing balance and paid monthly on the last business day of the month. Interest is paid in the same currency as the account. Interest rates are calculated on a per annum basis. Interest rates and balance tiers are subject to change at any time without advance notice.
Related documents: Little Book of Account Info (PDF), Additional Services & Associated Charges (PDF).
ATB Online is a registered trademark of ATB Financial.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Used under license.
Interac e-Transfer is a registered trademark of Interac Inc. Used under license.