Personal Account Acts like chequing, earns like savings—with 3.50% interest (Footnote *).
The best features of a chequing account—plus 3.50% interest (Footnote *) and zero fees on everyday banking. Less take, more make.
Join nowAll perks, zero fees
Safe & secure
Rest assured knowing up to $100k of your deposits are eligible for CDIC protection (Footnote †).
No everyday fees
Zero monthly fees, plus free and unlimited Interac e-Transfers®, bill payments, and EFTs (Footnote 1).
3.50% (Footnote *) interest
Set up direct deposit for your pay and get 1.75% interest (Footnote *)—plus 1.75% bonus interest (Footnote *).
Start earning 3.50% interest (Footnote *) in 3 simple steps
- Open a Personal Account in minutes to get the best features of chequing with high interest.
- Fund your account to immediately start earning 1.75% interest (Footnote *) on every dollar.
- Boost your interest to 3.50% (Footnote *) when you direct deposit your pay.
Unlimited transactions (Footnote 1) with no fees on everyday banking
- Free and unlimited Interac e-Transfers®, bill payments, and Electronic Funds Transfers (Footnote 1)
- No minimum balance requirements or monthly fees
- Earn high interest on your day-to-day banking
Free withdrawals from any ATM in Canada
With the EQ Bank Card (Footnote 4), get:
- Free withdrawals from any ATM in Canada (we’ll reimburse any fees)
- Cash back on every purchase (Footnote 2)
- No FX fees (Footnote 3), monthly fees, or other hidden fees
Learn more about the EQ Bank Card.
Security you can trust
- CDIC deposit insurance eligibility (Footnote †)
- Multiple security layers and fraud monitoring
- Secure account linking
- Backed by Equitable Bank with over 50 years of experience
Looking for more Personal Account info?
And there’s even more everyday banking to love
- Point, shoot, save—and earn—with our mobile cheque deposit feature.
- Fast, safe, and seamless account linking for all your money moves.
- Budgeting’s a breeze with the ability to open up to 8 accounts. (Footnote 5)
- Earn up to $500 (Footnote **) when you refer your friends to EQ Bank.
We can also handle your financial to-do list
Is the Personal Account right for you?
It’s right for you if:
- You’re looking for an account with no everyday banking fees and an unlimited number of transactions each month.
- You’re looking to make everyday banking transactions, such as direct deposits, pre-authorized debits, Interac e-Transfers®, and bill payments.
- You’re looking to earn high interest on your day-to-day banking.
- You need instant access to your funds.
- You’re looking for an account that’s eligible for CDIC protection.
- You're looking for a completely digital banking experience.
It’s not right for you if:
- You’re looking for an account that offers cheques.
- You’re looking for an account that offers bank drafts and in-branch support.
- You need to deposit cash.
Get better everyday banking in minutes!
Ready for high interest with the flexibility of chequing? Open a Personal Account now.
Get started by opening a Personal AccountAlready a customer? Sign in