Get a second chance at your first bank account.
Still using the account your parents signed you up for? Stop paying fees and start earning interest on your everyday banking.
Create an accountCustomers and growing
Interest than with other banks
On everyday banking
No fees on everyday banking
Eligible for CDIC protection†
No fees
Eligible for CDIC protection†
Personal Account
3.75%*Notice Savings Account
up to 7x more6Joint Account
3.75%*US Dollar Account
2.75%*GICs
4.00%** (1-year rate)RSP Savings Account
2.50%*TFSA Savings Account
2.50%*FHSA Savings Account
2.75%*EQ Bank Card
International Money Transfers
Mortgage Marketplace
Make Bank with one of Canada’s best.
Rated one of Forbes’ Best Banks in Canada 4 years in a row. Our customers have spoken—they’re here for less take and more make.
It’s time for the everyday banking you deserve
Get ready to make
Monthly fees? No way. 3.75% interest* on everyday banking with unlimited transactions1? Absolutely. Plus free withdrawals from any ATM in Canada and cash back on every purchase2 with the EQ Bank Card.
Without all the take
No gimmicks, no accounts you don’t need, just seamless digital banking where all of our customers get access to our great rates—with no annoying paperwork or lineups.
We’re secure and trusted too
We have top-notch security and all of our deposit products are eligible for CDIC deposit insurance†. We’re also trusted by hundreds of thousands of customers to the tune of over $7B in deposits—and backed by Equitable Bank which has 50+ years of experience in the Canadian market.
It’s time for the everyday banking you deserve
Get ready to make
Monthly fees? No way. 3.75% interest* on everyday banking with unlimited transactions1? Absolutely. Plus free withdrawals from any ATM in Canada and cash back on every purchase2 with the EQ Bank Card.
Without all the take
No gimmicks, no accounts you don’t need, just seamless digital banking where all of our customers get access to our great rates—with no annoying paperwork or lineups.
We’re secure and trusted too
We have top-notch security and all of our deposit products are eligible for CDIC deposit insurance†. We’re also trusted by hundreds of thousands of customers to the tune of over $7B in deposits—and backed by Equitable Bank which has 50+ years of experience in the Canadian market.
We checked and...
we check all the boxes
At EQ Bank, you get: |
---|
High interest on everyday banking |
Same access to great rates for all customers |
No monthly or hidden fees and free everyday transactions |
No bank account minimum balances |
No branches = more value |
Free withdrawals from any ATM in Canada |
Cash back on every purchase2 |
At other banks, you often get: |
---|
Barely-there interest rates on everyday banking |
Interest rate incentives for new customers only |
Monthly and hidden fees, transaction fees, etc. |
Bank account minimum balances often required |
Expensive branches = more costs |
Fees with certain ATMs |
Cash back that can be restricted to certain partners |
Hold on...are you still not convinced?
Most people never scroll down this far, but if you really, really need a recap, we’re not opposed to a cheat sheet on everyday banking that makes without all the take:
- Earn more with incredible rates and no monthly fees
- Enjoy everyday banking with free everyday transactions and no minimum balance restrictions
- Get safety and security from a bank you can trust
Are you ready now?