Products offered
- EQ Bank Personal Account
- EQ Bank GICs
- EQ Bank US Dollar Account
- EQ Bank Joint Accounts
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Pros and cons of EQ Bank
What our editors liked — and where EQ Bank falls short.
Pros
- 2.50%+ interest on a true no-fee chequing account
- Free unlimited Interac e-Transfers and bill payments
- CDIC insured up to $100,000
Cons
- No physical branches or in-person support
- ATM access is through a partner network, not owned machines
- No credit card or lending products — savings/chequing only