online bank with 3% interest rate (2.25% starting 04/18)
- Deal Link:
- https://www.eqbank.ca/
EQ Bank just released the details of their online bank today and are offering 3% interest. This is not a teaser or promotional rate, this is an everyday rate. This makes it the highest interest being paid by any traditional or online bank right now.
Other features of the account:
- No monthly fees
- Unlimited day-to-day transactions
- No minimum balance requirements
- 5 free Interac r-Transfers per month
- Savings goals feature
- Member of CDIC (Under Equitable Bank)
Current negatives:
- No debit card
- No joint accounts
- No TFSA option
Here's a review of the account from a blogger (sponsored post)
FAQ about the account from EQ Bank.
Fore more discussion: eq-bank-savings-account-thread-2-25-sta ... h-1916839/
Other features of the account:
- No monthly fees
- Unlimited day-to-day transactions
- No minimum balance requirements
- 5 free Interac r-Transfers per month
- Savings goals feature
- Member of CDIC (Under Equitable Bank)
Current negatives:
- No debit card
- No joint accounts
- No TFSA option
Here's a review of the account from a blogger (sponsored post)
FAQ about the account from EQ Bank.
Fore more discussion: eq-bank-savings-account-thread-2-25-sta ... h-1916839/