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Send Money Abroad For Less

We’ve partnered with TransferWise so you can send fast international money transfers that are up to 8x 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
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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.

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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

$32 billion in assets under management and over 800 employees.

Safety First

All deposit products are eligible for CDIC deposit insurance.

The Perks

  • $200,000

    $200,000

    Maximum balance (per customer)

  • Everyday

    Everyday

    High Interest
    Rate*

  • Zero

    Zero

    Minimum
    Balance

  • Zero

    Zero

    Everyday Banking Fees

  • Unlimited

    Unlimited

    Interac e-Transfers®

  • Unlimited

    Unlimited

    Bill Payments

  • Unlimited

    Unlimited

    Electronic
    Funds Transfers

  • Unlimited

    Unlimited

    EQ to EQ
    Transfers

  • Cheap

    Cheap

    International Money Transfers

The account that gives you more

Check out our new video featuring the EQ Bank Savings Plus Account with 2.30% everyday interest* + the flexibility of chequing!

Watch now

Check out our new TV ad!
* Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.
Equitable Bank is a member of CDIC. EQ Bank is a trade name of Equitable Bank.
Based on research conducted by an independent research company engaged by Equitable to compare exchange rates and transaction fees across TransferWise, Canada’s Big 5 Banks and Simplii Financial. Research considered comparable online global money transfer services and was conducted using the top five currencies remitted by Canadians (USD, INR, CNY, PHP, and EUR, as published by the World Bank) and typical transaction amounts ($100, $250, $500, $999 CAD). Research took place between November 25th, 2019 and November 27th, 2019. Promotions excluded.
Deposit Protection Des Dépôts

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

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