EQ Bank Personal Account 2026 Review

Interest Rate
2.75%
Monthly Fee
CA$0
Welcome Bonus
$20
Apply Now →on EQ Bank's website
Transaction limit:Unlimited everyday transactions
Minimum Deposit:CA$100

Interest Rate:

2.75%

Welcome Bonus: $20

Earn a $20 welcome bonus by signing up for an EQ Bank Personal Account via an existing customer's referral link and making an initial deposit of at least $100 within 30 days.

Monthly Fee:

CA$0

Minimum Deposit:

CA$100

Transaction Limits:

Unlimited everyday transactions

The EQ Bank Personal Account stands out as the top choice because it combines the best features of a chequing and savings account into one digital platform, offering unlimited transactions and a competitive interest rate. Its lack of monthly fees and the ability to earn interest on every dollar make it a strong contender for anyone looking to maximize their savings.

Pros:

  • No monthly fees
  • Unlimited transactions

Cons:

  • Requires direct deposit for bonus rate
learn more about this bank account on EQ Bank's website →

In conclusion, the EQ Bank Personal Account is ideal for individuals seeking a no-fee banking solution that offers unlimited transactions and a robust interest rate, making it an excellent choice for both everyday banking and savings growth. With its user-friendly digital platform and attractive welcome bonus, it caters well to those looking to optimize their financial management without the burden of monthly fees.

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