Acts like chequing, earns like savings with 4.00% interest* and zero fees on everyday banking.
EQ Bank Personal Account Features
Get 2.25% interest* on everyday banking—plus 1.75% bonus interest* when you direct deposit your pay
No everyday banking fees
Free and unlimited Interac e-Transfers®, bill payments, and Electronic Funds Transfers1
No minimum balance required
Free withdrawals from any ATM in Canada with the EQ Bank Card2
Link multiple accounts from other banking institutions
CDIC insured. Any money in your EQ Bank Personal Account is insured by the Canada Deposit Insurance Corporation for up to $100,0003
* Interest is calculated daily on the total closing balance and paid monthly. For the EQ Bank Card, interest is paid into the linked Personal Account. Rates are per annum and subject to change without notice. For the Personal Account, Joint Account and EQ Bank Card, the current base interest rate is 2.25% (the “Base Rate”). Customers who add and maintain qualifying recurring direct deposits of at least $500/month to a Personal Account or Joint Account are eligible to earn a bonus interest rate of 4.00% (the Base Rate plus an additional 1.75%) for the eligible accounts (the Personal Account, Joint Account and the EQ Bank Card balance) for a maximum period of 12 consecutive months. Conditions apply. Please review the EQ Bank Bonus Interest Offer Terms and Conditions for details.
1 Transactions are subject to certain dollar limit maximums. For details, please see our Personal Account Fees & Features page.
2 The EQ Bank Card is a prepaid reloadable Mastercard® issued by Equitable Bank pursuant to a licence from Mastercard International Incorporated.
3 Equitable Bank is a member of CDIC. EQ Bank is a trade name of Equitable Bank.
★ Conditions and Exemptions
Cash Back Not Available from GCR.
Any offers are strictly from EQ Bank.
Get 25% Referral Bonus Get paid in cash 25% of all cash back rebates all your referrals collect
Great Canadian Rebates works in partnership with over 900 well known merchants. These outlets already offer great deals and savings, you save even more when you shop online as a member here. Once you register, you can save through Cash Back Rebates and even more using our coupons, deals, discounts and sales links.
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