Avoid fees

US Account

With a US Account, you can avoid conversion fees while earning interest and cash dividends!

Join the 57,000+ members who bank with us!



Discover the benefits!

  • Get the best conversion rates
  • Avoid conversion fees
  • Earn interest
  • Get cash dividends


Find your converted funds


I have:

CAD

I want:


Control when you convert your currency

Automatic foreign exchange conversion can be costly. With a US Account, you can easily transfer your dollars to USD in seconds to get the best bang for your buck.

Avoid conversion fees

Whether you’re traveling to the US or shopping online, your US Account will eliminate conversion fees. You can also pay your US Dollar Visa* Card bill directly from your US Account to save money.

Earn interest on your deposits

Your US Account earns interest. It’s calculated daily on the closing balance of your account and is paid at month end. The interest rate is tiered which means as your account balance grows, so does the interest rate.

Earn cash for everyday banking

With our Member Rewards program, you’ll earn cash dividends by having your US Account with us. The more you bank with us, the more you benefit!


Save

Our No-Fee Bank Account has no monthly fees and no balance requirements. Save as much as $360/year in fees!

Earn

You earn cash dividends simply by doing your everyday banking with us. The more you bank with us, the more you benefit.

Give

Your business helps us support your community. We allocate 2% to 4% of pre-tax profits/year to our communities.



Pay less fees

Get the control you want over your US funds. Pay less conversion fees and do your USD banking with ease. And don’t forget, you earn rewards and interest!


Need more help choosing an account?

Try the FCAC Account Selector.


Learn more about our accounts and services. Review our Account and Fee Information (pdf).

* The Collabria Visa Card is issued by Collabria Financial Services Inc. pursuant to a license from Visa.

Calculators on the site are made available to you as tools for independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy. All examples are hypothetical and are for illustrative purposes only. Please contact us directly to seek personalized advice from qualified professionals for all personal finance issues.

The US Account does not have debit card access. Only the Balance Inquiry feature and electronic transfers to other Innovation US Accounts through online banking and telephone banking are available for this account.  Service charges per debit transaction will apply.