EQ Bank Personal Account

eq bank
EQ Bank Personal Account
Up to 2.75% interest*
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Offer

The EQ Bank Personal Account (formerly called Savings Plus Account) is a no-fee account that offers a generous interest rate of up to 2.75%* to all customers on everyday banking services:

  • Open a Personal Account in minutes to get the best features of chequing with high interest.
  • Add money to your account to start earning 1.00% interest* on every dollar right away.
  • Set up direct deposit for your pay to benefit from an interest rate of 2.75%.*

This account also offers several free features, such as:

  • Interac e-Transfers®
  • Everyday banking operations
  • Bill payments
  • Deposits and withdrawals

Finally, there is no minimum balance required for this type of account.

Fees

Public Consumers
Special Offer Up to 2.75% interest*
Monthly Fee $0
Unlimited Transactions
eStatement
Unlimited e-Transfer Transactions

Our review

The EQ Bank Personal Account (formerly called Savings Plus Account) is a no-fee account that offers a generous interest rate of up to 2.75%* to all customers on everyday banking services:

  • 1.00% interest on everyday banking services;
  • Up to 2.75% interest when you set up direct deposit of $2,000 or more per month for your pay.

This account also offers several free features, such as:

  • Interac transfers;
  • Daily operations;
  • Bill payments;
  • Deposits and withdrawals.

Finally, there is no minimum balance required for this type of account.

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