What is EQ Bank?

EQ Bank is a different way to bank

We are focused on providing you a better banking experience – one that makes sense in today’s go-anywhere, do-anything world. That means you have online access to your money 24/7 and a personalized Customer Care Centre available 8:00 a.m. to midnight, Eastern Time.

With no branches or costly overhead, we are able to offer you great interest rates and no monthly fees on our Savings Plus Account. EQ Bank is brought to you by Equitable Bank, a bank with over four decades of experience in the Canadian market.

Strength in numbers

EQ Bank is brought to you by Equitable Bank, a federally regulated Schedule I Bank with over 900 employees and total assets under management of approximately $35 billion.

For nearly 45 years, brokers across the country have been helping Canadians realize their financial goals through Equitable Bank products such as mortgages, home equity lines of credit and a variety of deposit services. Equitable Bank was founded in 1970 as The Equitable Trust Company. It is a wholly-owned subsidiary of Equitable Group Inc., whose common and preferred shares are traded on the Toronto Stock Exchange under the symbols EQB and EQB.PR.C, respectively.

Why bank with us?

We make it easy to bank on your own terms by keeping our terms simple. Our Savings Plus Account helps you get the most out of your money, with no monthly fees, no minimum balances and no unnecessary fine print.

It’s a high interest savings account that you can use like a chequing account for everyday banking such as paying bills and transferring money, without any hassles. Plus, transfer your money when you need to – with free unlimited Interac e-Transfers® per month and free unlimited Electronic Fund Transfers.

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