About EQ Bank

EQ Bank is the digital banking platform launched in 2016 by Equitable Bank, Canada's seventh-largest Schedule I bank. Operating entirely online, EQ Bank offers a range of financial products and services with a focus on high interest rates and no monthly fees.

Services Offered

Personal Accounts: High-interest savings with no monthly fees and unlimited transactions.
Joint Accounts: Shared banking with up to four people, offering the same benefits as personal accounts.
US Dollar Accounts: High-interest USD savings with competitive exchange rates.
GICs: Guaranteed Investment Certificates with competitive rates and flexible terms.
Registered Accounts: TFSA, RSP, and FHSA accounts with high-interest savings options.
EQ Bank Card: A reloadable Mastercard® with cash back on purchases and free ATM withdrawals across Canada.
International Money Transfers: Low-cost, no-markup currency exchange for sending money abroad.
Mortgage Marketplace: Access to over 2,000 mortgage products through a simple online process.

Digital Banking

EQ Bank provides robust online and mobile banking platforms, ensuring secure and convenient access to financial services anytime, anywhere.

Community Engagement

Committed to community development, EQ Bank invests in various social initiatives, supporting education, healthcare, and environmental sustainability.

Global Presence

While operating primarily in Canada, EQ Bank benefits from the global reach and resources of its parent company, Equitable Bank.