Best EQ Bank Chequing Accounts in Canada

The EQ Bank Personal Account (formerly called Savings Plus Account) is a no-fee account that offers a generous interest rate of up to 2.75%* to all customers on everyday banking services:

• Open a Personal Account in minutes to get the best features of chequing with high interest.
• Add money to your account to start earning 1.00% interest* on every dollar right away.
• Set up direct deposit for your pay to benefit from an interest rate of 2.75%.*

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.

• 1.00% interest rate on everyday banking or 2.75% when you set up direct deposit of your pay of $2,000 or more per month into your account.
• No monthly fees
• No minimum balance required
• Free daily transactions including bill payments, Interac transfers and electronic funds transfers
• CDIC deposit insurance up to $100,000
• Fast online registration