Compare the best U.S. dollar credit cards in Canada. Just like that.

 

Find the right credit card.

Get Started

Focus On

U.S. dollar credit cards: Features and benefits.

Shopping on U.S. websites? Taking a trip south of the border? Get a U.S. dollar credit card and avoid currency conversion fees. At LowestRates.ca, Canadians can find the perfect U.S. dollar credit card — just like that.

Why choose LowestRates.ca?

50+ trusted partners (and growing) on our site to compare mortgage rates, insurance and credit cards

$1 billion+ saved in interest and fees

14+ million Canadians helped per year

High praise for LowestRates.ca

June 12
Quick response and was able to connect…
Quick response and was able to connect me with a broker rather quickly...well do...
unknown
June 11
Spoke with Gord Allen he answered all…
Spoke with Gord Allen he answered all my questions.
Patty Bryans
June 10
Fast process.I got a call just in…
Fast process.I got a call just in minutes
Zoltan gal
June 10
The service was quick and convenient.
The service was quick and convenient.
Eddy
June 8
GOO RATE GOOD RECEPTION
GOO RATE GOOD RECEPTION
LUKE KUMAR
June 8
I found the representative to be very…
I found the representative to be very professional and informative.. I was asked...
Martin Sorenson
June 7
Amazing experience with Briana
Amazing experience with Briana. She was patient and very helpful. I would recomm...
Cassandra Tavares
June 5
excellent
excellent service
dc
June 4
Highly recommended I saved a lot of…
Highly recommended I saved a lot of money and didn’t waste any of my time easy...
Rick V
June 3
Not too many questions
Not too many questions. Simply and easy to follow
Eric Gyamfi
June 3
Was extremely easy and quick to get a…
Was extremely easy and quick to get a quote. Friendly associate who was informat...
Shannon
June 2
Great customer service!
Great customer service!
Owen Thompson
May 31
I really liked how this company did all…
I really liked how this company did all of the research for me . My advisor Rona...
Renee Thibert
May 28
Professional dialogue
Professional dialogue. Very knowledgeable.
Donato Simone
May 25
Customer service at its best
Customer service at its best. Maria was so great helping me a lot by providing m...
Adounis Hamade

Your U.S. dollar card questions, answered.

Looking for more credit card info? Check out our Help Centre.

How does a U.S. dollar credit card work?

Don't worry about about currency conversion fees or volatile exchange rates. With a U.S. dollar credit card, the purchases you make in U.S. dollars are billed in U.S. dollars.

That means there won't be any surprises when you open your credit card bill. The amount of money you're charged in U.S. dollars is the amount you'll see on your statement.

How do I pay the bill for my U.S. dollar credit card?

You can pay your U.S. dollar credit card with a U.S. dollar checking or savings account, which can be opened at any major Canadian bank. Simply go online and transfer funds from your U.S. dollar account to your U.S. dollar credit card.

You can also make payments toward your U.S. dollar card from a regular Canadian dollar account. However, your Canadian dollars will be converted to U.S. dollars when the bill is paid. That means your funds will be subject to whatever the exchange rate is at that time (although you won't have to pay a credit card currency conversion fee).

Why should I get a U.S. dollar credit card?

It's hard to avoid making purchases in U.S. dollars, especially if you travel or shop online. But you can save some money with a U.S. dollar credit card. Regular credit cards, on the other hand, charge a currency conversion fee equivalent to at least 2.5% of your purchase, so for every $100 you spend on your card, you'll have to pay an additional $2.50 just to convert your Canadian funds into U.S. funds.

But U.S. dollar credit cards don't require any currency conversion. You only have to pay what you see on your bill — but in U.S. dollars, of course.

Bonus: U.S. dollar credit cards also let you take advantage of favourable exchange rates at the time of your choosing. That means you don't have to be at the mercy of the prevailing exchange rate at the time you happen to make your purchase. When the Canadian dollar is strong, seize the opportunity: buy U.S. dollars and top up your U.S. dollar account to optimize your U.S. dollar purchases — in today's world of volatile exchange rates, this strategy makes a lot of sense.

Why can't I just get a credit card from a U.S. bank or a U.S. based credit card company?

Sometimes it's difficult for Canadians to get a credit card from a U.S. financial institution. Most U.S. banks require a social security number or proof of U.S. residency before they issue a credit card approval.

And there's another complication: U.S. banks often don't have access to Canadian credit reports, which makes the approval process even more difficult. That's why a U.S. dollar credit card from a Canadian bank is usually a better option.

Compare U.S. dollar credit cards today

Remove guesswork and added expenses from your U.S. dollar transactions. Instead, get a U.S. dollar credit card. We'll help you find the right card — just like that.

Credit card news

Read More Like This