EQ Notice Savings Account

Key Highlights:

• Earns up to 2.75%^* interest
• No monthly fees and no minimum balance
• CDIC eligibility^† for deposits (up to $100,000 per eligible category)
• Earn up to 7x^** more than with other banks.

Is our Notice Savings Account right for you?

It’s right for you if:

• You want to save longer to receive higher interest.
• You’re able to wait the 10- or 30-day notice period to access your funds.
• You want free unlimited deposits and withdrawals.
• You’re looking for an account that’s eligible for CDIC protection.
• You're looking for a completely digital banking experience.

It’s not right for you if:

• You’re looking to make everyday banking transactions, such as direct deposits, Interac e-Transfers^®, and bill payments.
• You need instant access to your funds.

^*Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.

^**Based on research conducted by Equitable Bank comparing base interest rates of savings accounts offered by Canada’s ‘Big 5’ banks, Tangerine Bank, and Simplii Financial and the EQ Bank Notice Savings Account at 2.75% interest per annum. Research is based on savings account interest rates taken from public websites as at December 16, 2025. Promotions and rate premiums are excluded. Interest calculated daily on the total closing balance and paid monthly. Most savings accounts in Canada allow the account holder to access funds in the account at any time, whereas the EQ Bank Notice Savings Account at 2.75% interest per annum requires 30 days advance notice.

^†Equitable Bank is a member of CDIC. EQ Bank is a trade name of Equitable Bank. Deposits made under EQ Bank and Equitable Bank are aggregately eligible for CDIC protection up to $100,000, per insured category, per depositor.

EQ Bank is not responsible for maintaining accuracy of content on this site. Please refer to EQ Bank's site for the latest product details.