EQ Bank · Business chequing
Business account
No monthly fee with unlimited transactions, 2.25% interest.
Fees and rates verified 2026-08-19Published fee scheduleWe earn nothing from any institution hereHow we research
What it costs
- Monthly fee
- None
- Extra electronic transaction
- $0.00
What is included
- Transactions each month
- Unlimited transactions
- Interac e-Transfers
- Included with no separate fee
- Fee per e-Transfer beyond that
- $0.00
Interest
- Posted rate
- 2.25%
Who can open it
- US dollar account
- Yes
Deposit protection
- Insured by
- CDIC
Where these figures come from
- Figures checked on
- August 19, 2026
- Source page
- www.eqbank.ca
- Fees and terms
- Published fee schedule
Notes
Real deposit account at Equitable Bank, a CDIC member. 'No everyday banking fees': EFTs, recurring transfers, Interac e-Transfers and bill payments are all free. Interest 2.25% effective April 21, 2026. There are no branches, so there is no teller or cash deposit channel at all, a structural difference from every branch bank in this list, not a fee of zero. US Dollar Account offered except in Quebec. Business Card listed as 'coming soon'.
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Where this came from. Every figure on this page is taken from the institution’s own page or its published fee schedule, never from another comparison site, and a field is left blank rather than guessed at. Rates and fees change without notice, so confirm with the institution before opening anything. We receive no payment from any institution listed here.