TD U.S. Daily Interest Chequing Account
0.01%
Interest rate
$0
Monthly fee
A no-fee USD account that pays daily interest, with built-in CAD-USD exchange.
Interest rate
Key features
- Daily interest on USD balances
- Online CAD-USD exchange
- TD Mobile Deposit
- No monthly fee
Interest Rate
The TD U.S. Daily Interest Chequing Account pays interest on your US dollar balance, calculated daily.
- 0.010% on all USD balance tiers
It's worth noting that the rate is nominal, so the account's appeal lies more in fee-free USD banking than in the interest itself.
Fees
The TD U.S. Daily Interest Chequing Account is a US dollar account, so any charges are in US dollars. There's no monthly fee to hold it.
Transaction fees are waived as long as you maintain a minimum daily balance of $1,500 (USD) throughout the month.
Account Features
The TD U.S. Daily Interest Chequing Account combines everyday USD banking with daily interest on your balance.
You can exchange between Canadian and US dollars online, which makes it simple to fund the account or convert money back without visiting a branch.
Plus, TD Mobile Deposit lets you deposit US dollar cheques from your phone.
Deposits are eligible for CDIC coverage.
Legal Disclaimers
Terms and conditions apply. The information for the TD U.S. Daily Interest Chequing Account has been collected independently by Prince of Travel and is not provided or reviewed by TD. Offers, rates, and fees are subject to change — always confirm details on the financial institution's website before applying.
Last updated: July 8, 2026