2.30%

Everyday interest* with an EQ Bank Savings Plus Account

No monthly fees.
No minimum balance.
Unlimited transactions1.

Set up an account

Why is EQ Bank the Right Choice?

Locally Grown

Born in Canada and helping Canadians meet their financial goals for over 45 years.

Strength in Numbers

$25 billion in assets under management and over 600 employees.

Safety First

All deposit products are eligible for CDIC deposit insurance.

The Perks

  • Everyday

    Everyday

    High Interest
    Rate*

  • Zero

    Zero

    Minimum
    Balance

  • Zero

    Zero

    Monthly Fees

  • Five free

    Five free

    Interac e-Transfers®
    per month

  • Unlimited

    Unlimited

    Bill Payments

  • Free

    Free

    Linked Accounts

  • Free

    Free

    Electronic
    Funds Transfers

  • Unlimited

    Unlimited

    EQ to EQ
    Transfers

  • Free

    Free

    Day-to-Day
    Transactions

It's like Free Money (Interest)

Zero Math

Savings Goals

It's like Free Money (Interest)

Zero Math

Savings Goals

*Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.

1 Does not include Interac e-Transfers®, which are limited to five per month.
† Equitable Bank is a member of CDIC. EQ Bank is a trade name of Equitable Bank.
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