EQ Bank: Get a 2% match on new registered account contributions

Deal Link: https://www.eqbank.ca/match

Expiry: Feb 28, 2025

The Promotion is open to Eligible Customers who deposit New Deposits into their Registered Account(s) from November 1, 2024, at 12:01 a.m. ET to February 28, 2025, at 11:59 p.m. ET and hold such New Deposits in their Registered Account(s) for one year, starting March 1, 2025 . 

EQ Bank will pay a cash bonus equivalent to 2% of the value the New Deposits (the “Match Bonus”) on a quarterly basis. New Deposits held in GICs within Registered Accounts will not be eligible for the Match Bonus.  Promotion may be changed, cancelled or extended at any time. Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice. 

EQ Bank Savings Plus Account: One of the Best High Interest Savings Accounts in Canada

Updated on Jan 14, 2024: For the EQ Bank Savings Plus Account, Joint Savings Plus Account and EQ Bank Card, the current base interest rate is 2.50%. Customers who add and maintain qualifying recurring direct deposits of at least $500/month to a Savings Plus Account or Joint Savings Plus Account are eligible to earn a bonus interest rate of 4.00% (the Base Rate plus an additional 1.5%) for the eligible accounts (the Savings Plus Account, Joint Savings Account and the EQ Bank Card balance) for a maximum period of 12 consecutive months. 

The EQ Bank's Savings Plus Account is one of my favorite bank accounts. It helps you get the most out of your money, with no monthly fees, no minimum balances and free transactions.