No branches, no monthly fees, just perks.
Does EQ Bank have cheques, debit cards, and ATMs?
The Canada Deposit Insurance Corporation
The Good Stuff
More than just a savings account.
How about interest? Will I get a tax receipt?
Bills, bills, bills.
EQ Connections and why you should use them.
Can I set up a Linked or joint account?
What if I want to cancel a transaction?
Same day bill payments can be cancelled before 11:59pm EST/EDT on the day they are submitted by signing in to your EQ Bank account. Future dated and recurring bill payments can be cancelled up to 11:59pm EST/EDT the day before the scheduled payment.
Interac e-Transfers® can be cancelled by signing in to your EQ Bank account any time before the expiry period and before the recipient has accepted your transfer.
What’s the hold period for money I deposit?
Generally, we hold funds you deposit by cheque or electronic funds transfer (EFT) for five business days, beginning after the date of deposit. This means that funds held will actually become available on the sixth business day, when you include the date of deposit. For example, if you make a deposit on a Monday, you can access the funds on the following Tuesday.
For more information about our hold period, be sure to review our hold funds policy for full details.