EQ Bank Card  🇨🇦

EQ Bank Card  🇨🇦
Welcome Bonus
No Welcome Offer
Annual Fee
$0
  • No Foreign Transaction Fee
  • Accepted at Costco
  • Prepaid card
Interest rates
Purchase Rates
Cash Advance Rates
Balance Transfer Rates

EQ Bank Card Milesopedia
EQ Bank Card
No Welcome Offer
Apply Now

Offer

  • Free withdrawals from any ATM in Canada
  • 0.5% cash back on every purchase
  • Get the same great rate as your Personal Account until you spend
  • No FX fees, monthly fees, or other hidden fees

Fees & Conditions

Personal Income $0
Household Income $0
Annual Fee $0

Advantages

Costco

Earnings

Per dollar of purchases

All Spending 0.5 %
Groceries 0.5 %
Gas 0.5 %
Dining and Food delivery 0.5 %
Convenience Stores 0.5 %
Drugstores 0.5 %
Local Transport 0.5 %
Travel 0.5 %
Entertainment 0.5 %
Recurring Payments 0.5 %
Telecom/Internet 0.5 %
Streaming services 0.5 %
Online transactions 0.5 %
Office Supplies 0.5 %

Insurance

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
Flight Delay Insurance
Delayed Baggage Insurance
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
Hotel/Motel Burglary Insurance

There may be a daily maximum amount depending on the type of fees paid

Other Insurance

Insurance Name
Included
Amount
Duration
Extended Warranty
Purchase Protection
Mobile Device Insurance
Price Protection

Our review

With the EQ Bank Card, there are no foreign transaction fees on purchases made abroad or in foreign currencies. This Mastercard is a reloadable prepaid card with which you can make free withdrawals at any ATM in Canada.

Plus, you get the same great rate as your Personal Account until you spend, plus 0.5% cash back on every purchase you make with the EQ Bank Card.

Since it’s a Mastercard, you can use it anywhere in the world and at Costco warehouses in Canada.

Alternative Cards

  • Prepaid card
  • No Foreign Transaction Fee
  • Accepted at Costco
Learn More
Best Prepaid Credit Card in 2023

Special Offer:

  • Enter the code MILESOPEDIA when you apply for your card
  • Get $20 in your KOHO account after the first purchase within the first 30 days

Features:

  • Earn an extra 1.5% cashback on eating & drinking, billing & services, and groceries on top of minimum 0.25% cash back on all purchases. Plus, up to 50% extra cashback from select merchants.
  • Accepted at Costco
  • Earn 5% interest on both your spending and savings account. Your funds will also be eligible for CDIC insurance. Interest rates are per year, calculated daily, paid monthly, and can change at any time without notice.
  • $9/month or $84 annual/year to unlock the following KOHO Extra account features.
  • No Foreign Exchange fees on any purchases.
  • Also get access to 1 free international ATM withdrawal per month.
  • Credit Building for $7 / month instead of $10
  • Choose from one of five exciting card colours including the exclusive KOHO Extra card design. Receive both a physical and virtual card.
  • Access all the features of a KOHO account such as Card Security, Goals, and RoundUps.
  • Build your credit history with a 6-month Credit Builder program at only $7/month and earn cashback with KOHO Extra Mastercard Prepaid Card
  • Get access to a cash advance of up to $250 at 0% interest with KOHO Cover
Legal

Only the users who successfully register a new KOHO account with the correct link and make their first purchase using their KOHO card within 30 days of registration are eligible for the offer and may claim the one-time $20 bonus in their KOHO account. This offer is non-transferable and may only be used once per person. Offer is not applicable in conjunction with other KOHO offers or promotions. KOHO may, at its sole discretion, suspend, terminate or change the terms and requirements of the offer.

Annual Fee
  • Primary card $84
  • Additional card $0
Annual Income Required
  • Individual $0
  • Household $0
Conversion fees
  • 0.00 %
Interest Rates
  • Purchase Rates
  • Cash Advance Rates
  • Balance Transfer Rates
Earning Rate
  • Groceries1.5%
  • Gas1.5%
  • Local Transport1.5%
Value
  • Year 1 $101
  • Year 2+ $81
Best For
Transfer Partners
  • Cash back

Advantages

  • Annual Credit
  • VIP Lounges
  • Concierge
  • Wifi
  • Travel credit

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
Flight Delay Insurance
Delayed Baggage Insurance
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
Hotel/Motel Burglary Insurance
  • Prepaid card
  • Accepted at Costco
Learn More

Special Offer:

  • Enter the code MILESOPEDIA when you apply for your card
  • Earn a $20 cash bonus when you sign up for a KOHO account with our link and make your first purchase within 30 days of registration

The features of the KOHO Extra Mastercard® Prepaid Card are as follows:

  • Earn 1% cash back on on groceries, eating & drinking, and transportation Plus, up to 50% extra cashback from select merchants.
  • Accepted at Costco
  • Earn 5% interest on both your spending and savings account. Your funds will also be eligible for CDIC insurance. Interest rates are per year, calculated daily, paid monthly, and can change at any time without notice.
  • Choose from one of four exciting card colours. Receive both a physical and virtual card.
  • Start adding funds and shopping online while you wait for your physical card to arrive in the mail. No need to budge from your couch to make online purchases. Just use your virtual card!
  • Card Security – KOHO provides a different card number to help protect your physical card number when you’re shopping or booking services online
  • Add your KOHO card to Apple, Samsung or Google Pay
  • Automate your savings with Goals and RoundUps. Rounding up every purchase lets you stash away some savings, while Goals make it easier to save for whatever it is that makes you happy
  • Lock in savings with Vault that keeps the funds you don’t want to spend separate from your spendable balance
  • Create custom budgets and track your spending habits. Know where you’re at in real time with instant notifications every time you spend.
  • Build your credit history with a 6-month Credit Builder program at only $10/month and earn cashback with KOHO’s Credit Building & Pre-Paid Credit Cards
  • Get access to a cash advance of up to $250 at 0% interest with KOHO Cover
Legal

Only the users who successfully register a new KOHO account with the correct link and make their first purchase using their KOHO card within 30 days of registration are eligible for the offer and may claim the one-time $20 bonus in their KOHO account. This offer is non-transferable and may only be used once per person. Offer is not applicable in conjunction with other KOHO offers or promotions. KOHO may, at its sole discretion, suspend, terminate or change the terms and requirements of the offer.

Annual Fee
  • Primary card $48
  • Additional card $48
Annual Income Required
  • Individual $0
  • Household $0
Conversion fees
  • 1.5 %
Interest Rates
  • Purchase Rates
  • Cash Advance Rates
  • Balance Transfer Rates
Earning Rate
  • Groceries1%
  • Local Transport1%
  • All Spending0.00%
Value
  • Year 1 $104
  • Year 2+ $84
Best For
Transfer Partners
  • Cash back

Advantages

  • Annual Credit
  • VIP Lounges
  • Concierge
  • Wifi
  • Travel credit

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
Flight Delay Insurance
Delayed Baggage Insurance
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
Hotel/Motel Burglary Insurance
  • No annual fee
  • Accepted at Costco
Learn More

Everyday cashback

  • 1% on gas and grocery
  • 0.5% monthly minimum cashback

Exclusive cashback offers at Neo partners

  • 5% average cashback at restaurants, bars and cafes
  • 3% on popular streaming services
  • 3% on ride sharing services
  • 3% on food delivery services
  • 2%+ at retail partners (online and in-store)

Features and benefits

  • Personalized insights powered by generative chat AI (coming soon)
  • Digital card available to use immediately
  • Get cashback at thousands of local and national partners
Annual Fee
  • Primary card $0
  • Additional card $0
Annual Income Required
  • Individual $0
  • Household $0
Conversion fees
  • 2.5 %
Interest Rates
  • Purchase Rates
  • Cash Advance Rates
  • Balance Transfer Rates
Earning Rate
  • Dining and Food delivery3%
  • Groceries1%
  • Gas1%
Value
  • Year 1 $120
  • Year 2+ $120
Best For
Transfer Partners
  • Cash back

Advantages

  • Annual Credit
  • VIP Lounges
  • Concierge
  • Wifi
  • Travel credit

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
Flight Delay Insurance
Delayed Baggage Insurance
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
Hotel/Motel Burglary Insurance
3.8 Milesopedia Rating