Account Features
The EQ Bank US Dollar account offers an interest rate of 2.75% on US dollars stored in the account. Interest is calculated daily and paid monthly, directly to the EQ Bank US Dollar account.
Account holders can easily convert their Canadian Dollars to US Dollars at a competitive exchange rate. They can also send US Dollars abroad to the United States or another country where the recipient has a USD account, directly from their account. This service is powered by Wise and may incur fees.
Fees
Monthly Fees
The EQ Bank US Dollar account has no monthly fees.