U.S. Dollar Daily Interest Chequing Account
This convenient account has no monthly fee, earns interest, and includes other benefits like the ability to write cheques and save in U.S. dollars and competitive foreign exchange rates and ability to quickly and securely transfer funds between your TD Canada Trust Canadian and U.S. dollar accounts using EasyWeb or the TD app.
Chequing Features
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Apply By Phone
1-800-983-2582
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Annual Interest Rate
0.1%
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Paperless Statements
Yes
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Transaction Fees
Yes
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Monthly Fee
No
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Deposit Insurance
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Account Opening Bonus
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Overdraft Protection
Yes
Chequing FAQ
What is a basic checking account?
This is for people who just use a checking account to pay some bills and perhaps use a debit card to pay some daily expenses. Some basic accounts require direct deposit or a minimum balance to avoid monthly “maintenance” fees. You may be limited to a certain number of checks per month; exceed that number and you’ll pay a “per item” fee for each additional check you write. You don’t want to maintain a high balance in these accounts because you won’t be paid interest.
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