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National Bank
USD Progress Account
On $10,000, you'd earn about
$10
over a year, before tax
How it works
- Rate
- 0% to 0.1% depending on your balance
- Who can get it
- Everyone
- Account types
- US dollar
- Insured by
- CDIC, up to $100,000 per insured category
The catch: Requires a balance of at least $10,000 to earn the top rate of 0.10%.
From the bank's page3 quotes
- Rate, tier 1“0.000%”
- Rate, tier 2“0.010%”
- Rate, tier 3“0.100%”
Source: www.nbc.ca
Compounded monthly, before tax. The bank calculates daily, so yours will differ slightly. Last checked Oct 9, 2026.