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$U.S. Build-Up Savings Account

Quick facts

  • Account type: interest-bearing chequing account
  • Interest rate: contact an advisor at a caisse
  • Fees: none if minimum monthly balance of $1,000 is maintained (otherwise standard transaction fees apply)
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Who should get this account?

People who travel or reside for extended periods in the United States. You can carry out various regular transactions, grow your U.S. currency savings and save on foreign exchange fees.

Features

Transactions
Deposits, withdrawals, transfers and bill payments in Desjardins caisses.
Interest
Interest based on daily closing balance and paid monthly.
Monthly fees
  • Regular transactions are free if you maintain a minimum monthly balance of $1,000.
  • In addition to per transaction fees, a fixed monthly charge of $1 applies when the account minimum balance is $500 or less.
Account statement
Free monthly statements of account by mail.

Find out more about monthly statements of accounts.
Insured deposits
None. Deposits are not covered by the Deposit Insurance Corporation of Ontario.
Other

How to get this product?
At the caisse At the caisse
Members
Make an appointment with a caisse advisor:
Non-members
To open an account, you must first become a member of a caisse.