Working hard in the background...
EQ Bank Card
Cash Back Calculator
Card Details
Interest Rates
Purchase: 0%
Cash Advance: 0%
Annual Fees
Main Card: $0
Welcome Bonus
N/A
Annual Income
Personal: N/A
Household: N/A
Credit Score Estimate
300Poor
560Fair
660Good
725Very Good
760Excellent
Card Type
Prepaid
Our Rating
4/5
Institution
EQ Bank
How You Earn Rewards
- 0.5% cash back on every purchase
Rewards Breakdown
Rewards Summary
Point Redemptions
Redemption Method
Net Value (After Annual Fee)
Insurance & Benefits
No insurance coverage information available for this card.
Benefits
Details
No Foreign Transaction Fees
Pay no extra FX fees when making purchases outside of Canada
Free ATM withdrawal
ATM fee reimbursement for Canada only
Interest on Balance
Base rate of 1.00%*, or 2.75%** bonus rate
Pros & Cons
Pros
- Voted the best prepaid card in Canada by FinlyWealth.
- The no ATM fee feature allows you to withdraw cash from any out-of-network ATMs without incurring any fees. This unique benefit can save you a lot of money when you need cash.
- Unlike other prepaid cards, this card offers rewards and benefits such as earning interest on balance and no foreign transaction fee.
Cons
- For a prepaid card, there are no cons to note for this card.
Legal
*Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.
**Interest is calculated daily on the total closing balance and paid monthly. For the EQ Bank Card, interest is paid into the linked Personal Account. Rates are per annum and subject to change without notice. For the Personal Account, Joint Account and EQ Bank Card, the current base interest rate is 1.00% (the “Base Rate”). Customers who add and maintain qualifying recurring direct deposits of at least $2000/month to a Personal Account or Joint Account are eligible to earn a bonus interest rate of 2.75% (the Base Rate plus an additional 1.75%) for the eligible accounts (the Personal Account, Joint Account, and the EQ Bank Card balance). Conditions apply. Please review the EQ Bank Bonus Interest Offer Terms and Conditions for details.
Terms and conditions apply. See Provider's website and Application for complete details, terms and current offers. Reasonable efforts are made to maintain accuracy of information.