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

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
  • Get up to 2% cash back (groceries, eating & drinking and transportation)
  • No Foreign Transaction Fees
  • Financial coaching
  • Accepted at Costco
  • 1 free international ATM withdrawal per month
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
  • Groceries2%
  • Gas2%
  • Local Transport2%
Value
  • Year 1 $182
  • Year 2+ $162
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
  • No annual fee
  • Accepted at Costco
Learn More

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
  • 1% cash back on groceries and transportation
  • Accepted at Costco
  • No account fees
  • Extra cash back at select merchants
  • Lock your card in-app
Annual Fee
  • Primary card $0
  • Additional card $0
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