Finally, a bank with a card that makes bank.
- Free withdrawals from any ATM in Canada
- Cash back* on every purchase
- No FX fees1, monthly fees, or other hidden fees
Get your free card
Animation of floating EQ Bank card that glimmers
Free withdrawals from any ATM in Canada. (And 0.5% cash back* on every purchase.)
Enjoy a reloadable card2 that gives you the same high interest of your Personal Account on your card balance, right up until the moment you spend it—and gives you cash back* when you do. Oh, and it doesn’t take all those fees you’ve been forced to live with (justice, at last).
Phone with screen that says “add money to your card” beside image of back of EQ Bank card with name and address
Free withdrawals from any ATM in Canada
We don’t charge you any of the annoying fees you’re used to at other banks, but we can’t stop them from charging you at their ATMs. What we can do, though, is pay you back when they do. Banks and other ATM service providers charge you, EQ Bank refunds you within 10 business days.
Rotating card animation with ATM, shopping bags and maple leaf graphics paired with text that says “ANY ATM, ANY STORE, ANYWHERE IN CANADA”
No FX fees1, monthly fees, or other hidden fees
We know you’re here to make, so we don’t take any fees when you’re making a purchase online, in-store, or paying a bill like for your phone or internet. That means no credit card surcharges, ATM fees, transaction fees, foreign transaction fees1, monthly fees, or inactivity fees. Other banks or service providers might charge you on their end, but we won’t.
NO HIDDEN FEES
Get 0.5% cash back* on what you spend
Your EQ Bank Card gives you 0.5% cash back* on everything you spend—whether it’s groceries, retail therapy, a restaurant bill, or anything else. Sounds a lot better than most debit cards that don’t make anything, right?
Rotating card animation with ATM, shopping bags and maple leaf graphics paired with text that says “ANY ATM, ANY STORE, ANYWHERE IN CANADA”
This card works here, there, and everywhere
The new EQ Bank Card works just like any other card you use to spend what you want, where you want, and when you want. Anywhere in the world where Mastercard® is accepted—that’s more than 210 countries, by the way—with no foreign transaction fees1. Plus, you can add it to your mobile wallet for contactless spending (and earning) from anywhere.
Rotating card animation with ATM, shopping bags and maple leaf graphics paired with text that says “ANY ATM, ANY STORE, ANYWHERE IN CANADA”
The card that makes without the take
- High interest until you spend. Cash back* when you do.
- And zero hidden fees when you use your card.
Get your free card
How it works
Open and fund a Personal Account
Sign up to EQ Bank in a matter of minutes to open a Personal Account. From there, fund your account and order a free card in a few quick taps.
Add money to your card
Once you receive and activate your card—it’s easy—load it up in seconds by moving money from your Personal Account or Joint Account, and get ready to spend smarter!
Spend and get cash back*
Enjoy spending that gives you 0.5% cash back* on every purchase (and free withdrawals from any ATM in Canada).
Earn on every dollar
Cash back* on every purchase and the same high interest as your Personal Account on your loaded balance until you spend it? That’s next-level earnings.
Are you ready for a card that earns more without hidden fees? Open a Personal Account in minutes to get started.
Get your free card
Need more info about the Personal Account? Learn more about our Personal Account
Is the EQ Bank Card right for you?
It’s right for you if:
- You want to earn cash back on your purchases.
- You want to use your mobile wallet to make purchases.
- You want a prepaid reloadable card you can use for online purchases.
- You want a prepaid reloadable card you can use internationally.
- You shop where MasterCard prepaid cards are accepted.
- You want no monthly fees, including free withdrawals from any ATM in Canada and no FX fees1.
- You want to earn interest on your card balance.
- You’re looking for a card that will not incur interest charges and will not impact your credit score.
- You're looking for a completely digital banking experience.
It’s not right for you if:
- You require the ability to pay with a traditional debit card.
- You need to deposit cash.
Get the answers
Is the EQ Bank Card a debit card?
The EQ Bank Card is a prepaid card that lets you do things that a debit card does—like access cash and spend your money online and in-store. We also reimburse any ATM fees you are charged in Canada.
How does an EQ Bank Card compare to a debit card?
The EQ Bank Card has quite a few advantages compared to many debit cards:
- You don’t have to maintain a minimum balance to avoid paying fees, which means you’re in charge of when you use your money.
- You earn high interest on your card balance (just like in your EQ Bank PersonalAccount). That’s not something you can say about most debit cards and chequing accounts.
- You earn cash back* on all of your purchases, which is definitely a step up compared to debit cards.
- Free withdrawals from any ATM in Canada (we reimburse any fees).
How does an EQ Bank Card compare to a credit card?
Here are some positive differences between an EQ Bank Card and a credit card:
- It’s good for budgeting – you’re spending your own money
- There’s no risk of racking up debt or paying interest
- There are no annual fees or foreign transaction fees1
- There’s no line of credit, so will not impact your credit score
Will I be charged fees for using the EQ Bank Card?
Great news—you won’t be charged any monthly fees, foreign transaction fees1, or hidden fees. Want more fee details? View the full breakdown.
Do you charge any fees for Canadian ATM withdrawals?
No, we don’t charge any fees for ATM withdrawals in Canada. Plus, we reimburse any out-of-network fees or surcharges from other providers in Canada within 10 business days.
Have more questions? Visit our full FAQ.
Ask questions
Ask our friendly Chatbot anything or connect with a Customer Care Specialist.
