EQ Bank bank accounts and rates

We track 3 EQ Bank accounts, 2 personal and 1 business. 3 of them carry no monthly fee. Every figure here comes from the institution’s own published pages, and where something is not published we leave it blank rather than record a zero. Last checked 19 August 2026.

The highest rate posted here is 2.75%, on the EQ Bank Notice Savings Account. Posted rates only: a promotional rate that ends in ninety days is not what an institution pays, so it is recorded on the account and not counted here.

Deposits are covered by CDIC insured, taken from what the institution publishes rather than from what the scheme covers in general. What deposit insurance actually covers sets out the difference and why an unlimited provincial guarantee is not the same promise as the federal one.

Every Account, With What It Costs

• EQ Bank Notice Savings Account

  No monthly fee · 2.75% interestCDIC insured

  2.75% requires 30 days' notice of withdrawal; the 10 day notice version pays 2.35%

• EQ Bank Personal Account

  No monthly fee · 1% interest · Unlimited transactionsCDIC insured

  1.00% base rate; 2.75% total (1.00% base + 1.75% bonus) when you direct deposit your pay

• EQ Bank Business AccountBusiness

  No monthly fee · 2.25% interest · Unlimited transactionsCDIC insured

Comparing across institutions? Compare every account on what it would cost you, work out what a chequing account really costs, or browse the full directory.