Rates

The right rate and account for you? It’s right here.

Browse all our rates, compare different accounts, and find what works for you and your money goals.

Our rates Effective November 7, 2025.

EQ Bank Product

Rate

Personal Account

Base rate: 1.00%^*

Bonus interest rate: 2.75%^** (1.00%^* base rate + 1.75%^** bonus interest)

Joint Account

Base rate: 1.00%^*

Bonus interest rate: 2.75%^** (1.00%^* base rate + 1.75%^** bonus interest)

EQ Bank Product	Rate
10 Day Notice Savings Account	2.35%^*	Learn more about our Notice Savings Account
30 Day Notice Savings Account	2.50%^*	Learn more about our Notice Savings Account
TFSA Savings Account	1.50%^*	Learn more about our TFSA Savings Account
FHSA Savings Account	1.50%^*	Learn more about our FHSA Savings Account
RSP Savings Account	1.50%^*	Learn more about our RSP Savings Account
US Dollar Account	2.50%^*	Learn more about our US Dollar Account

EQ Bank Product	Rate
Non-registered 1 Year	3.00%¹	Learn more about our about our GICs
Registered 3 months	2.60%¹	Learn more about our about our GICs

Most popular GIC terms (1 to 5 years)

TFSA

RSP

FHSA

TFSA GICs
Term	Rate^*	Start investing
1 Year	3.00%	Get Rate
15 Month	3.00%	Get Rate
2 Year	3.15%	Get Rate
27 Month	3.15%	Get Rate
3 Year	3.30%	Get Rate
4 Year	3.40%	Get Rate
5 Year	3.45%	Get Rate

RSP GICs
Term	Rate^*	Start investing
1 Year	3.00%	Get Rate
15 Month	3.00%	Get Rate
2 Year	3.15%	Get Rate
27 Month	3.15%	Get Rate
3 Year	3.30%	Get Rate
4 Year	3.40%	Get Rate
5 Year	3.45%	Get Rate

FHSA GICs
Term	Rate^*	Start investing
1 Year	3.00%	Get Rate
15 Month	3.00%	Get Rate
2 Year	3.15%	Get Rate
27 Month	3.15%	Get Rate
3 Year	3.30%	Get Rate
4 Year	3.40%	Get Rate
5 Year	3.45%	Get Rate

Non-registered
Term	Rate^*	Start investing
1 Year	3.00%	Get Rate
15 Month	3.00%	Get Rate
2 Year	3.15%	Get Rate
27 Month	3.15%	Get Rate
3 Year	3.30%	Get Rate
4 Year	3.40%	Get Rate
5 Year	3.45%	Get Rate

Short term GICs (less than 1 year)

TFSA

RSP

FHSA

TFSA caption
Term	Rate^*	Start investing
3 month	2.60%	Get Rate
6 month	2.80%	Get Rate
9 month	2.85%	Get Rate

RSP caption
Term	Rate^*	Start investing
3 month	2.60%	Get Rate
6 month	2.80%	Get Rate
9 month	2.85%	Get Rate

FHSA caption
Term	Rate^*	Start investing
3 month	2.60%	Get Rate
6 month	2.80%	Get Rate
9 month	2.85%	Get Rate

Non-registered GIC rates
Term	Rate^*	Start investing
3 month	2.60%	Get Rate
6 month	2.80%	Get Rate
9 month	2.85%	Get Rate

Long term GICs (1 year or more)

TFSA

RSP

FHSA

TFSA GICs
Term	Rate^*	Start investing
1 Year	3.00%	Get Rate
15 Month	3.00%	Get Rate
2 Year	3.15%	Get Rate
27 Month	3.15%	Get Rate
3 Year	3.30%	Get Rate
4 Year	3.40%	Get Rate
5 Year	3.45%	Get Rate
6 Year	2.35%	Get Rate
7 Year	2.35%	Get Rate
10 Year	2.35%	Get Rate

RSP GICs
Term	Rate^*	Start investing
1 Year	3.00%	Get Rate
15 Month	3.00%	Get Rate
2 Year	3.15%	Get Rate
27 Month	3.15%	Get Rate
3 Year	3.30%	Get Rate
4 Year	3.40%	Get Rate
5 Year	3.45%	Get Rate
6 Year	2.35%	Get Rate
7 Year	2.35%	Get Rate
10 Year	2.35%	Get Rate

FSHA GICs
Term	Rate^*	Start investing
1 Year	3.00%	Get Rate
15 Month	3.00%	Get Rate
2 Year	3.15%	Get Rate
27 Month	3.15%	Get Rate
3 Year	3.30%	Get Rate
4 Year	3.40%	Get Rate
5 Year	3.45%	Get Rate
6 Year	2.35%	Get Rate
7 Year	2.35%	Get Rate
10 Year	2.35%	Get Rate

Non-registered GICs
Term	Rate^*	Start investing
1 Year	3.00%	Get Rate
15 Month	3.00%	Get Rate
2 Year	3.15%	Get Rate
27 Month	3.15%	Get Rate
3 Year	3.30%	Get Rate
4 Year	3.40%	Get Rate
5 Year	3.45%	Get Rate
6 Year	2.35%	Get Rate
7 Year	2.35%	Get Rate
10 Year	2.35%	Get Rate

Compare accounts and features

	Personal (& Joint) Account The best features of a chequing account with high interest and no fees on everyday banking. Personal Account details Joint Account details	Notice Savings Account Some of the best savings rates in Canada and access to your money with as little as 10 days notice. Notice Savings Account details	US Dollar Account A registered account that helps you save for goals big or small, with tax-free interest earnings. US Dollar Account details
Interest rate	2.75% (Footnote ^)** when you direct deposit your pay (1.00%(Footnote ^*) otherwise)	*2.50% (Footnote ^) with 30-day notice 2.35%(Footnote ^)* with 10-day notice	*2.50%(Footnote ^)**
Monthly fees	$0	$0	$0
Access to funds	Yes, withdraw at any time.	Yes, request to withdraw at any time—subject to notice period.	Yes, withdraw at any time.
Send or receive Interac e-Transfers®	Yes, unlimited number of free Interac e-Transfers®.	No	No
Bill payments	Yes, unlimited number of free bill payments.	No	No
ATM access	Yes, with the free EQ Bank Card.	No	No
Currency	CAD	CAD	USD
International Money Transfers (via Wise)	Yes (CAD to other currencies).	No	Yes (USD to other currencies).

Personal (& Joint) Account The best features of a chequing account with high interest and no fees on everyday banking. Personal Account details Joint Account details
Interest rate	2.75% (Footnote ^)** when you direct deposit your pay (1.00%* otherwise)
Monthly fees	$0
Access to funds	Yes, withdraw at any time.
Send or receive Interac e-Transfers®	Yes, unlimited number of free Interac e-Transfers®.
Bill payments	Yes, unlimited number of free bill payments.
ATM access	Yes, with the free EQ Bank Card.
Currency	CAD
International Money Transfers (via Wise)	Yes (CAD to other currencies).

It all starts with a Personal Account

Notice Savings Account Some of the best savings rates in Canada and access to your money with as little as 10 days notice. Notice Savings Account details
Interest rate	*2.50% (Footnote ^) with 30-day notice 2.35%(Footnote ^)* with 10-day notice
Monthly fees	$0
Access to funds	Yes, request to withdraw at any time—subject to notice period.
Send or receive Interac e-Transfers®	No
Bill payments	No
ATM access	No
Currency	CAD
International Money Transfers (via Wise)	No

It all starts with a Personal Account

US Dollar Account A registered account that helps you save for goals big or small, with tax-free interest earnings. US Dollar Account details
Interest rate	*2.50%(Footnote ^)**
Monthly fees	$0
Access to funds	Yes, withdraw at any time.
Send or receive Interac e-Transfers®	No
Bill payments	No
ATM access	No
Currency	USD
International Money Transfers (via Wise)	Yes (USD to other currencies).

It all starts with a Personal Account

Compare investment accounts

	FHSA A tax-advantaged registered plan designed to help you save for your first home.(Footnote ²)	RSP A registered investment account that helps you save for retirement and reduce taxable income now.	TFSA A registered account that helps you save for goals big or small, with tax-free interest earnings.
Interest rate	*1.50% (Footnote ^)**	*1.50% (Footnote ^)**	*1.50% (Footnote ^)**
Contribution limits	$8,000 annual, $40,000 lifetime.	18% of previous year's income or $32,490 (2025), whichever is lower. No lifetime limit.	$7,000 annual. No lifetime limit.
Eligibility	Canadian residents aged 18-71, first-time home buyers.(Footnote ³)	Canadian residents under 71 with earned income.	Canadian residents aged 18+.
Tax benefit	Contributions are tax-deductible.	Contributions are tax-deductible.	Contributions are not tax-deductible, but withdrawals are tax-free.
Withdrawals	Tax-free if used for a qualifying home purchase.(Footnote ²) Non-qualifying withdrawals are taxable.	Withdrawals are considered taxable income.	Withdrawals are tax-free.

FHSA A tax-advantaged registered plan designed to help you save for your first home.(Footnote ²)
Interest rate	*1.50% (Footnote ^)**
Contribution limits	$8,000 annual, $40,000 lifetime.
Eligibility	Canadian residents aged 18-71, first-time home buyers.(Footnote ³)
Tax benefit	Contributions are tax-deductible.
Withdrawals	Tax-free if used for a qualifying home purchase.(Footnote ²) Non-qualifying withdrawals are taxable.

It all starts with a Personal Account

RSP A registered investment account that helps you save for retirement and reduce taxable income now.
Interest rate	*1.50% (Footnote ^)**
Contribution limits	18% of previous year's income or $32,490 (2025), whichever is lower. No lifetime limit.
Eligibility	Canadian residents under 71 with earned income.
Tax benefit	Contributions are tax-deductible.
Withdrawals	Withdrawals are considered taxable income.

It all starts with a Personal Account

TFSA A registered account that helps you save for goals big or small, with tax-free interest earnings.
Interest rate	*1.50% (Footnote ^)**
Contribution limits	$7,000 annual. No lifetime limit.
Eligibility	Canadian residents aged 18+.
Tax benefit	Contributions are not tax-deductible, but withdrawals are tax-free.
Withdrawals	Withdrawals are tax-free.

It all starts with a Personal Account

Banking you can count on

Some of the best rates in Canada
Great GIC rates, high interest on everyday money, EQ always helps you earn more.
A safe place for your money
No matter which product you choose, EQ Bank deposits are eligible for CDIC insurance. (Footnote ^†)
Consistently one of the best
Don’t ask us, ask Forbes—rated one of Forbes’ Best Banks in Canada for 5 years in a row.

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Footnotes

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

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Footnote **: Interest is calculated daily on the total closing balance and paid monthly. For the EQ Bank Card, interest is paid into the linked Personal Account. Rates are per annum and subject to change without notice. For the Personal Account, Joint Account and EQ Bank Card, the current base interest rate is 1.00% (the “Base Rate”). Customers who add and maintain qualifying recurring direct deposits of at least $2000/month to a Personal Account or Joint Account are eligible to earn a bonus interest rate of 2.75% (the Base Rate plus an additional 1.75%) for the eligible accounts (the Personal Account, Joint Account, and the EQ Bank Card balance). Conditions apply. Please review the EQ Bank Bonus Interest Offer Terms and Conditions for details.

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Footnote 1: EQ Bank GICs are non-redeemable. For GIC terms of less than one year, simple interest is calculated on a per diem basis and paid at maturity. For GIC terms equal to one year, simple interest is calculated on a per annum basis and paid at maturity. For GIC terms of over one year, not including 15 and 27 month terms, interest is calculated on a per annum basis and paid either annually (simple interest) or at maturity (compounded annually). For GIC terms of 15 and 27 months, interest is calculated on a per annum basis, compounded annually and paid solely at maturity. In all cases, interest is accrued for the entire GIC term. Per GIC investment limit of $100,000. For non-registered GICs, maximum of 20 active GICs per customer, with an aggregate GIC investment limit of $500,000. Unlimited registered GICs per customer. FHSA GIC investment limit is $500,000. TFSA investment limit is $200,000 (across TFSA Savings Account and TFSA GIC). RSP investment limit is $1,000,000 (across RSP Savings Account and RSP GIC). Rates are calculated on a per annum basis and are subject to change at any time.

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Footnote 2: To make a “qualifying withdrawal”, you must be a first-time homebuyer who is a resident of Canada, have a written agreement to buy or build a qualifying home in Canada before October 1 of the year following the year of withdrawal, and intend to occupy the qualifying home as your principal place of residence within one year of buying or building it. You must not have acquired the qualifying home more than 30 days before making the withdrawal.

You will be considered to be a "first-time home buyer” for the purposes of a qualifying withdrawal if, at any time in the calendar year before the withdrawal (except the 30 days immediately before the withdrawal) or at any time in the preceding four calendar years, you did not live in a qualifying home (or what would be a qualifying home if located in Canada) as your principal place of residence that you owned or jointly owned.

A "qualifying home" is defined as a housing unit located in Canada. This includes existing homes and those being constructed, such as single-family homes, semi-detached homes, townhouses, mobile homes, condominium units, and apartments in duplexes, triplexes, fourplexes, or apartment buildings, but does not include a share that only provides you with a right to tenancy in the housing unit.

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Footnote 3: You will be considered to be a first-time home buyer for the purposes of opening an FHSA if, at any time in the calendar year before the account is opened or at any time in the preceding four calendar years, you did not live in a qualifying home (or what would be a qualifying home if located in Canada) as your principal place of residence that either (i) you owned or jointly owned; or (ii) your spouse or common-law partner (at the time the account is opened) owned or jointly owned.

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Footnote 4: The Home Buyers’ Plan is subject to certain conditions. For more information, please refer to the Canada Revenue Agency.

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Footnote ®: Trade-mark of Interac Corp. Used under licence.

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Footnote †: Equitable Bank is a member of CDIC. EQ Bank is a trade name of Equitable Bank. Deposits made under EQ Bank and Equitable Bank are aggregately eligible for CDIC protection up to $100,000, per insured category, per depositor.

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Footnote: EQ Bank does not offer the following products in the province of Quebec: US Dollar Account, International Money Transfers, RSP Savings Accounts, RSP GICs, FHSA Savings Account, FHSA GICs, Business Account, and Business GICs. Additionally, the EQ to EQ transfers feature is not available in Quebec.

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