TD Bank USD account overview
Save your money in a US dollar account with $0 monthly fees, or choose the Borderless Plan for unlimited transactions. Keep reading to find out more!
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Why bank with TD?
TD Bank USD Account
TD Bank Group is a Canadian multinational banking and financial services company founded in 1855 as the Bank of Toronto. Through numerous mergers and acquisitions over the years, it has grown into an award-winning institution recognized for its outstanding banking experience.
TD offers two personal U.S. dollar account options, and both can be opened online in a few minutes if you're a Canadian resident. Learn more about each account and how it can help you.
TD offers two personal U.S. dollar account options, and both can be opened online in a few minutes if you're a Canadian resident. Learn more about each account and how it can help you.
How to Create a USD Account with TD Bank
Both TD U.S. dollar accounts can be opened online in a few minutes.
Step 1: Visit the TD U.S. Dollar Accounts page.
Step 2: Choose the account that fits your needs: the U.S. Daily Interest Chequing Account (no monthly fee) for everyday USD banking, or the Borderless Plan for frequent cross-border travel and unlimited transactions.
Step 3: Select 'Open account' to apply online through EasyWeb or the TD app. If you're already a TD customer, some of your information will be pre-filled.
Step 4: Enter your personal details, including your full name, date of birth, and Canadian address, then verify your identity.
Step 5: Alternatively, you can book an appointment to open your account in person at a nearby branch.
Step 1: Visit the TD U.S. Dollar Accounts page.
Step 2: Choose the account that fits your needs: the U.S. Daily Interest Chequing Account (no monthly fee) for everyday USD banking, or the Borderless Plan for frequent cross-border travel and unlimited transactions.
Step 3: Select 'Open account' to apply online through EasyWeb or the TD app. If you're already a TD customer, some of your information will be pre-filled.
Step 4: Enter your personal details, including your full name, date of birth, and Canadian address, then verify your identity.
Step 5: Alternatively, you can book an appointment to open your account in person at a nearby branch.
Key features
TD offers two personal U.S. dollar account options, each with its own set of benefits. Here are some of the key features:
$0 monthly fee on the U.S. Daily Interest Chequing Account
Earn interest on every U.S. dollar you hold
Borderless Plan fee waived with a $3,000 USD minimum balance
Unlimited transactions on the Borderless Plan, ideal for frequent travellers
Account Highlights
U.S. Daily Interest Chequing
$0 monthly fee. Earns interest, with quick online CAD-USD exchange via EasyWeb or the TD app.
Borderless Plan
$4.95 USD/month, waived with a $3,000 USD minimum monthly balance. Unlimited transactions, designed for frequent U.S. travellers.
Other Fees to Know
Non-TD ATM withdrawal in the US or Mexico: $3 USD. Other countries: $5 USD. Foreign currency ATM withdrawals: 3.5% conversion markup. TD Global Transfer and wire fees vary by destination.