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 account

Personal Account

Get the features of chequing with 4.00% interest* and no fees.
Learn more about our Personal Account

Notice Savings Account

Earn 4.25%* with the 30-day Notice Savings Account.
Learn more about our Notice Savings Account
GIC

GICs

Lock in high growth with 4.00%** interest on a 1-year GIC.
Learn more about our GIC options

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.

A Forbes badge stating Forbes 2024 World’s Best Banks 4 Year Champion

No fees on everyday banking

Eligible for CDIC protection

No fees

Eligible for CDIC protection

Personal Account

4.00%*
The best features of a chequing account with high interest and no fees on everyday banking.

Notice Savings Account

up to 7x more6
Some of the best savings rates in Canada and access your money with as little as 10 days notice.

Joint Account

4.00%*
Shared banking for up to 3 people with the features of the Personal Account.

US Dollar Account

2.75%*
High interest earnings on US dollars with easy transfer features and competitive exchange rates.

GICs

4.00%** (1-year rate)
Low risk registered and non-registered investing with guaranteed returns and a range of terms.

RSP Savings Account

2.75%*
High interest investing for retirement savings with tax-deductible contributions.

TFSA Savings Account

2.75%*
High interest tax-free earnings with the flexibility to make free withdrawals.

FHSA Savings Account

2.75%*
High interest tax-free earnings on savings for a first home with tax-deductible contributions.

EQ Bank Card

A reloadable spending card4 with cash back2, free withdrawals from any ATM in Canada, and more.

International Money Transfers

No markup exchange rate for sending money abroad in a few steps—up to 8× cheaper than other banks.

Mortgage Marketplace

One-stop shopping database of 2,000+ mortgage products with great rates and a simple online process.
End of product cards

It’s time for the everyday banking you deserve

Get ready to make

Monthly fees? No way. 4.00% 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.

Screenshot of  intuitive digital banking interface

It’s time for the everyday banking you deserve

Get ready to make

Monthly fees? No way. 4.00% 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.

Screenshot of intuitive mobile digital banking interface

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

Our customers have been talking

Getting noticed in a big way

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?

Sign up to become an EQ Bank customer

Education Centre

Unpacking all things money.


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