The Perks

  • $200,000 Maximum Balance (per customer)

  • Everyday High Interest Rate

  • Zero Minimum Balance

  • Zero Everyday Banking Fees

  • Free Interac e-Transfers®

  • Free Bill Payments

  • Free Electronic Funds Transfers

  • Free EQ to EQ Transfers

  • Cheap International Money Transfers

Send Money Abroad For Less

We’ve partnered with Wise so you can send fast international money transfers that are up to 8× cheaper. With no hidden fees or markups, you’ll get full transparency and the real exchange rate you see online. You’ll also get the convenience of sending money abroad direct from your account in just a few easy steps.

Try our calculator now

Invest in Yourself and set up Savings Goals

Track your progress by creating goals. We designed this tool so you can feel good about putting your hard-earned money aside.


You Won’t Need Patience with our handy features

Whether it’s between your EQ Connections or linked bank accounts, through Interac e-Transfers® or Mobile Cheque Deposits, you’ll be able to manage your money wherever you go.

Money Well Banked

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

$35 billion in assets under management and over 900 employees.

Safety First

All deposit products are eligible for CDIC deposit insurance.

Deposit Protection Des Dépôts

Equitable Bank is a member of CDIC. EQ Bank is a trademark of Equitable Bank.

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