U.S. Savings
Easy cross-border banking
- No need to convert your funds
- Pay only for the services you use
- Earn daily interest
- Transfer funds online between your U.S. and Canadian accounts
Account Benefits
Ideal for clients who frequently travel across the border or who receive money from the U.S. This account earns daily interest and shelters you from fluctuations in currency exchange rates.
- Buy U.S. currency when rates are favorable; earn interest while you hold it
- 1 free transaction per month; then pay on a per-transaction basis
- Transfer funds between your U.S. Savings and U.S. Chequing account without currency conversion – online, in-branch or by phone through our Solution Centre
- Transfer funds between your Canadian and U.S. accounts online – standard currency conversion rates will apply
- Free monthly statement
- Deposits are 100% guaranteed*
Please note this account cannot be accessed from ATMs that dispense U.S. funds.
Interest
Interest paid monthly, calculated on the daily closing balance
| Balance | Rate |
|---|---|
|
No minimum balance required to earn interest |
0.20%† |
Service Fees
| US Savings Account Service Charges | |
|---|---|
| Transactions included | 1 |
| In-Branch | |
| Withdrawals | $1.00a,b |
| Bill Payments | N/A |
| Transfers (between BlueShore Financial accounts) | $1.00a,b |
| Electronic | |
| Withdrawals – BlueShore Financial, THE EXCHANGE® or ACCULINK® ATM | N/A |
| Withdrawals – Interac® ATM | N/A |
| Withdrawals – Cirrus or U.S. EXCHANGE® ATM | N/A |
| Point of Sale (in Canada) | N/A |
| Bill Payment | N/A |
| Transfers (between BlueShore Financial accounts) | Freec |
| Interac® e-Transfers | N/A |
| Pre-authorized Payment Debits | $0.70a,b |
| Cheque Clearing | N/A |
a Service charges in U.S. dollars
b This transaction qualifies as part of your monthly transaction total
c Standard foreign exchange rates apply between Canadian and U.S. accounts
* Deposits are 100% guaranteed. Protection provided by the Credit Union Deposit Insurance Corporation of British Columbia.