Why open an account in US dollars?
The US Dollar Build-Up Savings Account is a good option if you visit the United States often or if you get paid in US dollars, for example.
More flexibility
Wait for the exchange rate to work in your favour to convert your money and deposit it directly in your account. See our current exchange rates to find out more.
Tiered daily interest
Interest is calculated every day and paid into your account once a month, which means you accumulate interest on every dollar you save. What's more, you benefit from a tiered interest rate, so the higher your balance, the higher your interest rate.
Easy access to your US dollars
A US dollar account comes in handy if you travel or make regular purchases in the United States. Transfer your Canadian dollars into your US Dollar Build-Up Savings Account, then go to the caisse to withdraw money in US dollars.
Features
What's included
- Eligible for member dividends
1 - Unlimited regular transactions when balance kept at US$1,000 or more
2 - Tiered interest rate
- Transfers between accounts in US or Canadian dollars
- Cheques
- Teller transactions
- Online or paper account statements
What's not included
- Desjardins Debit Card
Useful information about this account
Learn more about service fees
For the USD Build-Up Savings Account, regular transactions are free if you maintain your monthly balance at or above US$1,000. The fees for this account are in US dollars.
If your monthly balance is less than US$1,000, you pay for each transaction.
Many transactions are always free
You never pay for the following transactions:
- Deposits at the teller counter
- Direct and mobile deposits
- Automatic transfers between accounts in a single folio
On AccèsD (Internet, mobile or telephone)
- Transfer: US$1.25
At the teller counter
- Cheque cashing, withdrawal or transfer: US$1.25
- Bill payment: US$2.25
Other transactions
- Pre-authorized payment: US$1.25
- Automatic transfer between accounts in different folios: US$1.25
- Cheque: US$1.25
Fees may also apply for other services.
Our cooperative nature
Membership is more than just opening an account
Every Desjardins caisse is a financial services cooperative. As a member, you can take part in caisse decisions
FAQ
Anyone can open a US Dollar Build-Up Savings Account. It's a great option if you visit the United States often or if you're paid in US dollars.
Make an appointment with an advisor to open a US Dollar Build-Up Savings Account and enjoy all its advantages.
Make an appointment with an advisor to open a US Dollar Build-Up Savings Account and enjoy all its advantages.
You can transfer funds from your Canadian dollar account into your US Dollar Build-Up Savings Account. Your Canadian dollars are converted to US dollars at the exchange rate in effect at the time of the transfer. You can then withdraw or use your money in US dollars.
Tip: Choose the right time to transfer your funds into your account by keeping an eye on the current exchange rate.
With a tiered interest rate structure, the rate goes up as your account balance increases. The more money you put into your US Dollar Build-Up Savings Account, the higher the applicable interest rate.
Open a US Dollar Build-Up Savings Account
By phone
We're here to answer any questions you may have about opening an account.
1-800-224-7737 AccèsD Telephone. This link opens your phone app. (1-800-CAISSES)
We can call you when it's convenient.