2.80%
Interest rate
$0
Monthly fee
A no-fee USD savings account paying 2.80% with free USD transfers to the U.S.
The Simplii USD Savings Account pays a flat rate of 2.80% on all balances, with no tiers to track.
There's no promotional rate attached, so the 2.80% applies from the first dollar.
There's no monthly fee on the Simplii USD Savings Account, and no minimum balance is required.
The account lets you hold US dollars alongside your Canadian-dollar Simplii accounts, with transfers between the two.
You can send US dollars to the United States for free, and Simplii's Global Money Transfer service reaches more than 130 countries.
Keep in mind that there's no cash or ATM access on this account, so it's purely a place to hold and move US funds.
Deposits are eligible for CDIC coverage.
Terms and conditions apply. The information for the Simplii USD Savings Account has been collected independently by Prince of Travel and is not provided or reviewed by Simplii. Offers, rates, and fees are subject to change — always confirm details on the financial institution's website before applying.
Last updated: July 8, 2026