US dollar and foreign currency savings accounts
We compare 5 US dollar and foreign currency savings accounts from 4 Canadian issuers. Annual fees range from $0 to $36. Sorted lowest annual fee first.
Updated October 2026
US dollar and foreign currency savings accounts compared
Foreign currency accounts let you hold US dollars or euros without converting back and forth, which saves on exchange costs if you travel, shop or get paid in another currency.
| ACCOUNT | PER YEAR | PER MONTH |
|---|---|---|
| CIBC US$ Personal AccountCIBC | $0 | $0 |
| Scotia Daily Interest Euro AccountScotiabank | $0 | $0 |
| Scotiabank U.S. Dollar Daily Interest AccountScotiabank | $0 | $0 |
| Tangerine US Dollar Savings AccountTangerine | $0 | $0 |
| RBC US High Interest eSavings AccountRBC | $36 | $3.00 |
Questions
How many US dollar and foreign currency savings accounts does CreditLab compare?
We compare 5 savings accounts in this category from 4 issuers, with fees from $0 to $36 a year. Each one links to a full breakdown of its fees, rates and features.
Are there uSD & foreign currency options with no annual fee?
Yes. 4 of them have no annual fee, including the CIBC US$ Personal Account, Scotia Daily Interest Euro Account, Scotiabank U.S. Dollar Daily Interest Account.
More savings accounts by category
Fees and rates come from each issuer’s published terms. Always confirm with the issuer before applying. See our methodology.