EQ Bank

You can request a physical bank card that works like a debit card and can be used anywhere Mastercard is accepted. It offers 0.5% cash back on all purchases with no limit, and you are not borrowing money as you would with a traditional credit card. Cash back is deposited into your account monthly.
There are no monthly fees, no foreign transaction fees, and free ATM withdrawals anywhere in Canada with fee reimbursement (the card is not available in Quebec).

If you use our link, you will receive a $20 bonus when you open the account, and so will we. We are not affiliated with EQ Bank and are simply customers. To qualify for the $20 bonus, you must deposit $100 within 30 days of opening the account.

EQ Bank deposits are protected by CDIC up to $100,000, similar to other major Canadian banks.

You have been invited to sign up with EQ Bank to get a $20 referral bonus!

This bonus is just the start of the great value you’ll get as an EQ Bank customer: 

– Earn everyday high interest 

– Send as many free Interac e-Transfers® as you like 

– Enjoy no monthly fees and no minimum balance 

– Send cheap and fast international money transfers, and more!