FinviloEQ Bank
US Dollar Account
An interest-bearing account for US dollar savings and currency transfers. It is not available in Quebec.
- Savings interest rate
- 2.50%
EQ Bank
We list 14 EQ Bank products, grouped by type below. Details come from EQ Bank's own published pages; anything it does not publish is left out. We have not personally tested these products.
Official EQ Bank websiteBanking
Business banking
EQ Bank
EQ Bank Business Account
An online business account from EQ Bank.
Full details for EQ Bank Business Account (opens in new tab)Chequing
EQ Bank
Personal Account
A combined everyday banking and savings account with no everyday banking fees. The listed rate here is the base rate, excluding conditional bonus interest.
- Savings interest rate
- 1.50%
FHSA
EQ Bank
EQ Bank FHSA
Interest-paying First Home Savings Account.
- Savings interest rate
- 1.50%
- Interest
- Calculated daily, paid monthly
- Eligibility
- Age of majority in your province
- Provincial availability
- Not currently available in Quebec
Foreign exchange
EQ Bank
EQ Bank Card
A prepaid Mastercard linked to EQ Bank, with no foreign exchange fees according to EQ Bank.
Full details for EQ Bank Card (opens in new tab)GICs
EQ Bank
EQ Bank GICs
GICs from EQ Bank, opened online, with short and long terms.
- Minimum deposit
- $100
- Fees
- No fees
- Rate
- 3.70% on a non-registered 1-year term
High-interest savings
EQ Bank
10 Day Notice Savings Account
A savings account requiring 10 days of advance notice before a withdrawal.
- Savings interest rate
- 2.35%
EQ Bank
30 Day Notice Savings Account
A savings account requiring 30 days of advance notice before a withdrawal.
- Savings interest rate
- 2.75%
International transfers
EQ Bank
EQ Bank International Money Transfers
International transfers from EQ Bank powered by Wise.
Full details for EQ Bank International Money Transfers (opens in new tab)Joint accounts
EQ Bank
EQ Bank Joint Account
Everyday banking shared with up to three other people.
- Savings interest rate
- 1.50% base rate
- Eligibility
- Canadian resident
- Minimum balance
- No minimum balance restrictions
- Provincial availability
- Available in Quebec; some features such as EQ to EQ transfers not available there
EQ Bank
Joint Account
A shared savings and everyday banking account for managing money with other account holders. The listed rate is the base rate.
- Savings interest rate
- 1.50%
Registered and Retirement Accounts
EQ Bank
First Home Savings Account (FHSA)
A registered cash savings option for a first home, with tax-deductible contributions and tax-free qualifying withdrawals. It is not available in Quebec.
- Savings interest rate
- 1.50%
EQ Bank
RRSP Savings Account
A retirement savings account with tax-deferred growth. It is not available in Quebec.
- Savings interest rate
- 1.50%
EQ Bank
Tax-Free Savings Account (TFSA)
A registered account offering tax-free interest on cash savings, subject to contribution limits.
- Savings interest rate
- 1.50%
Rates and fees change. Confirm current terms with EQ Bank before applying. General information, not personalized advice.