Monthly Fee
$0
Promo Rate
—
Regular Rate
—
1st Year Value
—
Pros & Cons
Pros
- +No monthly fee
- +Unlimited transactions
- +E-statements available
Cons
—
Current Promotion
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:
- 1.00% interest on everyday banking services;
- Up to 2.75% interest when you set up direct deposit of $2,000 or more per month for your pay.
This account also offers several free features, such as:
- Interac transfers;
- Daily operations;
- Bill payments;
- Deposits and withdrawals.
Finally, there is no minimum balance required for this type of account.
Account Features
- E-StatementIncluded
- Unlimited TransactionsIncluded
Special Offer
Up to 2.75% interest*
Related Accounts
Conditions apply. All information is believed accurate but not guaranteed. Account details, rates, and offers are subject to change at any time. Always verify the latest terms on the institution's website. Audrey may receive compensation through affiliate links. This does not affect our editorial choices or rankings. © 2026 EQ Bank. All trademarks are property of their respective owners.