EQ Notice Savings Account
EQ Bank
Interest Rate
4.50% for 10-day notice, 5.00% for 30-day notice
Monthly Fee
CA$0
Welcome Bonus
N/A
Apply Now →on EQ Bank's website
Transaction limit:Free unlimited transfers between linked EQ Bank accounts
Minimum Deposit:CA$0
Interest Rate:
4.50% for 10-day notice, 5.00% for 30-day notice
Welcome Bonus: N/A
Monthly Fee:
CA$0
Minimum Deposit:
CA$0
Transaction Limits:
Free unlimited transfers between linked EQ Bank accounts
The EQ Notice Savings Account offers unique flexibility with its tiered interest rates based on withdrawal notice periods, allowing customers to earn up to 5.00%. This account is designed for those who can plan their withdrawals, providing high interest without monthly fees.
Pros:
- High interest rates with notice
- No monthly fees
Cons:
- Requires notice for withdrawals
In summary, the EQ Notice Savings Account is an excellent choice for savers who can commit to a notice period for withdrawals, enabling them to maximize their interest earnings without incurring monthly fees. Its competitive APY makes it particularly attractive for those looking to grow their savings while maintaining some flexibility.