Daly helped United to success in the 2010 final and he continues his quest to return to the big stage when Rangers host Dunfermline in the fifth round of the William Hill Scottish Cup on Friday night.
"It's massive," Daly said. "At United we won the cup and the season before we got to the League Cup final. Everyone saw how big that was.
"It's a great day out for the players and their families and the fans as well. It would be great to experience that with a club like Rangers."
Financial issues continue to blight Ibrox with the players last month refusing to accept a 15 per cent pay cut as chief executive Graham Wallace bids to address serious over-spending.
And while Daly is eager to put the money troubles to one side, he knows a cup run would give supporters some much-needed cheer.
"As players we try not to concentrate on stuff that goes on off the park," he said. "Our job is to try to do the right thing on the park.
"We have done that for most of the season. We got knocked out of the League Cup early and (since then) dropped two points in the league, so I think we have done a fairly good job at the moment.
"It would be great to get through to a quarter-final and great for the fans."
Daly had cup medals in his sights when he swapped the Scottish Premiership for League One last summer.
"We wanted to win the league and get to the next division and you do look at the cups as a chance to get another medal," the Irishman said.
"It was in my mind that I have come to a massive club like this and try and win a trophy. My mind hasn't changed, I still think we've got a good squad to go on a good run."
Dunfermline's last trip to Ibrox was a bruising encounter: Pars striker Jordan Moore was sent off, eight players were booked, Rangers player Andy Little suffered a broken jaw and cheekbone, full-back Richard Foster suffered ankle ligament damage that forced him out for six weeks, and skipper Lee McCulloch needed six stitches in a head wound.
Daly said: "There were quite a few serious injuries that came from that game. It's something that we just have to put in the back of our minds and concentrate on this game. I'm sure it will be pretty similar.
"They are a good side and will be well up for it. We need to make sure we match that and hopefully we can put our chances away and get through to the next round."
Daly was speaking at the launch of a new partnership between the Rangers Charity Foundation and the Scottish Association for Mental Health.
Daly said: "Mental health isn't always visible to those around us and it's not always the easiest topic between family and friends. It is so important to do what we can to have good mental health and to support those who may be experiencing a mental health problem."