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Interest accrues on overnight debit or credit balance, and is charged or credited to the account midway through the
following month.

The following rates apply on overnight balances. These rates are subject to change without notice.

• Click here for CAD rate and CAD prime information
• Click here for US Fed rate and USD prime information

IMPORTANT NOTES ABOUT CURRENCY CONVERSION AND INTEREST

• Except for RSP accounts, Questrade will not automatically exchange currencies. You must initiate all
  conversion proceedings.
• If you buy U.S. securities and you do not have (sufficient) USD, you are borrowing the money from Questrade.
• You are charged interest on 100% of the amount you borrow.
• Interest rates begin to apply when the stock settles, which is three days after purchase (T + 3 days).

If you want to convert your funds, please enter your request through myQuestrade.

Read about currency conversion in Questrade RSP accounts »

DEBIT (Payable by client for margin)	CAD	CAD RRSP	USD	USD RRSP
Under $10,000	CAD prime + 1%	CAD prime + 7.25%	USD prime + 1.25%	USD prime + 7.25%
$10,000 - $49,999	CAD prime + 1%	CAD prime + 7.25%	USD prime + 1.25%	USD prime + 7.25%
$50,000 - $99,999	CAD prime + 1%	CAD prime + 7.25%	USD prime + 1.25%	USD prime + 7.25%
$100,000 - $999,999	CAD prime + 1%	CAD prime + 7.25%	USD prime + 1.25%	USD prime + 7.25%
Over $1,000,000	CAD prime + 1%	CAD prime + 7.25%	USD prime + 1.25%	USD prime + 7.25%
CREDIT (Payable to client on cash balance)	CAD	CAD RRSP	USD	USD RRSP
Under $10,000	0.00%	CAD rate - 2.5%	US fed rate - 1.25%	USD fed rate - 3.0%
$10,000 - $49,999	CAD rate - 2.5%	CAD rate - 2.5%	US fed rate - 1.25%	USD fed rate - 3.0%
$50,000 to $99,999	CAD rate - 2.25%	CAD rate - 2.25%	US fed rate - 1%	USD fed rate - 2.75%
$100,000 to $999,999	CAD rate - 2%	CAD rate - 2.25%	US fed rate - 0.75%	USD fed rate - 2.75%
Over $1,000,000	CAD rate - 1.25%	CAD rate - 2%	US fed rate - 0.5%	USD fed rate - 2.5%
• Minimum rate for credit 0.00% • Minimum rate for debit 1% over prime lending rates • Minimum charge $2.00 • Minimum payment $10.00