Limited time only: Boost FHSA, TFSA, and RSP savings with a 1% match.^*

Plus, earn up to 2.75% interest.^**

Contribute now

Phone on top of yellow EQ Bank lozenge. Phone screen shows the following text: “1% match*, FHSA, TFSA, RSP.

Get a 1% bonus^* in 3 easy steps

Offer on until February 28, 2025

1. Sign in

If you’re not already a customer, it only takes a few minutes to sign up.

2. Contribute

If you don’t already have an FHSA, a TFSA, or an RSP, you can open one in a few clicks.

Info on eligible deposits

3. Start earning

You’ll earn up to 2.75%^** plus the 1% match^* that will be paid out quarterly.

How it works

Get started

Reasons to love EQ Bank

Great rates for everyone
All customers get access to the same great rates—plus extras like a 1% match.^*
No minimum balance
You don’t need a bigger balance for higher interest—save a little or a lot for the same high rates.
No monthly fees
At EQ Bank, you’ll never pay a monthly fee—and there are no fees of any kind on everyday banking.

EQ Bank card and phone set on top of yellow EQ Bank lozenge.

TFSA vs. RSP vs. FHSA—compare them all
Account Details	TFSA	RSP	FHSA
2024 tax year contribution deadline	December 31, 2024	March 1, 2025	December 31, 2024
2024 tax year contribution limit	$7,000¹	Get limit info	$8,000²
Interest rate	2.50%^**	2.50%^**	2.75%^**
Tax benefits	Tax-free	Tax-deferred and tax-deductible	Tax-free and tax-deductible
If you’re saving for…	Vacation, emergency fund, etc.	Retirement	A first home
Buttons	Explore TFSA	Explore RSP	Explore FHSA

You’re covered (in more ways than one)

Safe & secure

All products are eligible for CDIC protection up to $100K per insured category.^†

Dedicated service

Our Customer Care team—located here in Canada—is available 7 days a week, from 8AM to midnight.

Fast & friendly

Most calls and chats are answered within 60 seconds—that sure beats standing in line at a branch.

Need help? Get in touch by giving us a call at 1-844-437-2265 or using chat support.

Ready to take advantage of our 1% match?^*

Open one of our registered accounts and start making contributions today.

Get started

Already an EQ Bank customer? Sign in

Common questions answered

Which deposits are eligible for this offer?

How will the 1%* bonus be calculated and paid out?

We will match 1%^* of any new funds transferred or deposited into your FHSA Savings Account, TFSA Savings Account, or RSP, between November 1, 2024, and February 28, 2025. Contributions must be kept in the registered accounts for one year after the promotion end date to be eligible for all four quarterly payments.

The bonus will be calculated based on your registered account’s balance on May 31, 2025, August 31, 2025, November 30, 2025, and February 28, 2026, and will be paid directly into the registered account.

The bonus is based on new funds only, and withdrawals will affect your bonus payout as follows:

Partial Withdrawals: if funds are partially withdrawn before February 28th, 2025, or during the 12-month bonus payout period, the bonus will be calculated and paid on the remaining amount only.

Complete Withdrawals: if funds are withdrawn entirely and not reinstated before February 28th, 2025, you will no longer be eligible for the 1% bonus.^* If funds are entirely withdrawn during the 12-month bonus payout period and not reinstated before the next payment calculation date (dates mentioned above), you will also become ineligible for further bonus installments.

Is there a minimum amount I need to deposit or transfer to qualify for this bonus?

Do registered GICs purchased within the promotion period qualify for the 1% bonus?

Visit our FAQ for more details about our registered accounts.

Footnotes

Footnote *: The Promotion is open to Eligible Customers who deposit New Deposits into their Registered Account(s) from November 1, 2024, at 12:01 a.m. ET to February 28, 2025, at 11:59 p.m. ET (the “Promotional Period”) and hold such New Deposits in their Registered Account(s) for one year, starting March 1, 2025 (the “Hold Period”). EQ Bank will pay a cash bonus equivalent to 1% of the value the New Deposits (the “Match Bonus”) on a quarterly basis at a rate of .25% per Hold Period quarter. New Deposits held in GICs within Registered Accounts will not be eligible for the Match Bonus. Promotion may be changed, cancelled or extended at any time. Conditions apply. Please review the EQ Bank Registered Season Match Promotion Terms and Conditions for details.

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Footnote **: Base interest rate is 2.75% for the EQ Bank FHSA Savings Account and 2.50% for the EQ Bank RSP Savings Account and the EQ Bank TFSA Savings Account. Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.

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Footnote 1: Annual limit based on legislation as of January 1, 2024. Limits are subject to change year to year.

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Footnote 2: Any unused contribution room for 2024 can carry forward to the following year, up to a maximum of $8,000.

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Footnote †: Equitable Bank is a member of CDIC. EQ Bank is a trade name of Equitable Bank. Deposits made under EQ Bank and Equitable Bank are aggregately eligible for CDIC protection up to $100,000, per insured category, per depositor.

^{Return to footnote † referrer}
Footnote: EQ Bank does not offer the following products in the province of Quebec: US Dollar Account, International Money Transfers, RSP Savings Accounts, RSP GICs, FHSA Savings Account, FHSA GICs, Business Account, Business GICs, and Notice Savings Account. Additionally, the EQ to EQ transfers feature is not available in Quebec.

^{Return to footnote referrer}

Limited time only: Boost FHSA, TFSA, and RSP savings with a 1% match.^*

Get a 1% bonus^* in 3 easy steps

Offer on until February 28, 2025

1. Sign in

2. Contribute

3. Start earning

Reasons to love EQ Bank

Great rates for everyone

No minimum balance

No monthly fees

TFSA vs. RSP vs. FHSA—compare them all

You’re covered (in more ways than one)

Safe & secure

Dedicated service

Fast & friendly

Ready to take advantage of our 1% match?^*

Common questions answered

Which deposits are eligible for this offer?

How will the 1%* bonus be calculated and paid out?

Is there a minimum amount I need to deposit or transfer to qualify for this bonus?

Do registered GICs purchased within the promotion period qualify for the 1% bonus?

About Us

Resources

Accounts

Limited time only: Boost FHSA, TFSA, and RSP savings with a 1% match.*

Get a 1% bonus* in 3 easy steps

Offer on until February 28, 2025

1. Sign in

2. Contribute

3. Start earning

Reasons to love EQ Bank

Great rates for everyone

No minimum balance

No monthly fees

TFSA vs. RSP vs. FHSA—compare them all

You’re covered (in more ways than one)

Safe & secure

Dedicated service

Fast & friendly

Ready to take advantage of our 1% match?*

Common questions answered

Which deposits are eligible for this offer?

How will the 1%* bonus be calculated and paid out?

Is there a minimum amount I need to deposit or transfer to qualify for this bonus?

Do registered GICs purchased within the promotion period qualify for the 1% bonus?

To take advantage of the 1% match,* you’ll first need to sign up to be an EQ Bank customer (it’s really easy).

About Us

Resources

Accounts

Social

Download EQ Bank App

Limited time only: Boost FHSA, TFSA, and RSP savings with a 1% match.^*

Get a 1% bonus^* in 3 easy steps

Ready to take advantage of our 1% match?^*

To take advantage of the 1% match,^* you’ll first need to sign up to be an EQ Bank customer (it’s really easy).