Offer
The EQ Bank Personal Account (formerly known as the Savings Plus Account) is a no-fee account that offers a generous interest rate of up to 4.00%* to all customers on everyday banking services:
- 1.25% interest on current banking services
- Plus 2.75% bonus interest to customers who set up automatic and recurring payroll direct deposits of $2000 or more per month
This account also offers several free features, such as:
- Interac e-Transfers®
- Everyday banking operations
- Bill payments
- Deposits and withdrawals
Finally, there is no minimum balance required for this type of account.
Fees
Account Name
EQ Bank Personal Account
Public
Consumers
Special Offer
Up to 4.00% interest*
Monthly Fee
$0
Unlimited Transactions
eStatement
Interac e-Transfer Unlimited
Our review
The EQ Bank Personal Account (formerly known as the Savings Plus Account) is a no-fee account that offers a generous interest rate of up to 4.00%* to all customers on everyday banking services:
- 1.25% interest on current banking services ;
- Plus 2.75% bonus interest when you set up direct deposit from your paycheck of $2,000 or more per month.
This account also offers several free features, such as:
- Interac transfers;
- Daily operations;
- Bill payments;
- Deposits and withdrawals.
Finally, there is no minimum balance required for this type of account.
