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Equitable Bank

EQ Bank Card Free $5

  • Last Updated:
  • Feb 23rd, 2023 8:59 am
Jr. Member
Jun 28, 2022
187 posts
608 upvotes

[Equitable Bank] EQ Bank Card Free $5

Retailer:
Equitable Bank
More offers from Equitable Bank
From EQ:

Hi [NAME],

Thank you for ordering the EQ Bank Card. We know you're excited to get your card, and we’re very sorry that you’ve had to wait to receive it. This delay is not in line with the customer experience we strive for but due to the high demand, we’ve been experiencing longer production and delivery times with our initial orders. Our team is working hard behind the scenes to get your card to you as soon as possible.

As a thank you for your patience, we’ll be issuing you a one-time $5 credit that will be deposited into your Savings Plus Account within the next 7 days. It’s our way of saying sorry for the wait.

Sincerely,

EQ Bank
50 replies
Jr. Member
User avatar
Jan 8, 2023
165 posts
206 upvotes
I received card already and got this email as well. Strange.. but happy Smiling Face With Smiling Eyes
Member
Sep 27, 2012
259 posts
102 upvotes
YVR
Just got the same email today. Ironically, my card finally showed up today as well.
Deal Addict
User avatar
Oct 16, 2021
1037 posts
2225 upvotes
YYZ
Got it even though I already received my card last week.

If they are sending out this credit to everyone, must mean they are spending around $1M in good will credits, based on them having 290k customers as of a December 2022 Press Release, and assuming that there’s a 70% uptake rate on the card itself.
I'm tired
Honk.
Dealings with RY, TD, BMO, BNS, CIBC, Tangerine, Simplii, AMEX, BofA, Chase, LB, and MBNA.
Deal Guru
Aug 5, 2006
10732 posts
7891 upvotes
Global Village
Haven't received my card yet (ordered it Jan 12) and got the $5 credit email.
Last edited by scoper on Feb 2nd, 2023 7:25 pm, edited 1 time in total.
All day I dream about sports

Tangerine, Meridian, EQ Bank, Simplii, CIBC Investor's Edge
Member
Jul 3, 2017
326 posts
833 upvotes
DaVibe wrote: Had no idea everyone was applying for this card. Don't even carry a debit card on me lol

Benefits of the card?
Free withdraws at any ATM, any fees will be refunded.
Deal Addict
Dec 25, 2017
3319 posts
2372 upvotes
DaVibe wrote: Had no idea everyone was applying for this card. Don't even carry a debit card on me lol

Benefits of the card?
All ATM fees within Canada reimbursed and no forex fees. Also has 0.5% cash back on purchases and 2.5% interest on the balance. Prepaid MasterCard.
Deal Guru
Aug 5, 2006
10732 posts
7891 upvotes
Global Village
DaVibe wrote: Had no idea everyone was applying for this card. Don't even carry a debit card on me lol

Benefits of the card?
You can use it as a reloadable prepaid MC and as a debit card to withdraw cash from EQ from any ATM in Canada with fees reimbursed.
Last edited by scoper on Feb 2nd, 2023 7:53 pm, edited 1 time in total.
All day I dream about sports

Tangerine, Meridian, EQ Bank, Simplii, CIBC Investor's Edge
Banned
User avatar
Oct 3, 2022
201 posts
228 upvotes
You don't have to, you can add it to Google wallet. I rx'd the same email this evening
DaVibe wrote: Had no idea everyone was applying for this card. Don't even carry a debit card on me lol

Benefits of the card?
Images
  • Screenshot_20230202-190438.png
Deal Fanatic
Jun 4, 2012
8202 posts
8750 upvotes
It's nice of them to do this but how is this a hot deal?!?
Deal Addict
Aug 15, 2009
3219 posts
2761 upvotes
Montreal
muffin4life wrote: It's nice of them to do this but how is this a hot deal?!?
It isn't.
Deal Fanatic
Jun 4, 2012
8202 posts
8750 upvotes
elpaso wrote: It isn't.
Well... If you join now will you get extra $5?!?

This is for existing clients that haven't received your debit card...

Nothing you need to do to get this. This is more FYI. Nothing to load or do... Either you get it or not.
Newbie
User avatar
Nov 14, 2022
30 posts
14 upvotes
Still haven't gotten my card, ordered Jan 11-13th.

Nice sentiment I guess?
Deal Addict
Aug 1, 2008
1764 posts
349 upvotes
Vancouver
SamuelNapper wrote: Free withdraws at any ATM, any fees will be refunded.
Applies only to Canadian ATM right? not international for travelling?
Deal Addict
Feb 24, 2008
2331 posts
826 upvotes
I'm still waiting for my card (Jan 11); in GTA. Got this email as well.
Member
Aug 6, 2013
403 posts
939 upvotes
GVRD
Why is this even posted here? If my bank decided to give me $5 for whatever reason I wouldn't feel the need to make a thread in the hot deals forum about it?
Deal Guru
User avatar
Apr 26, 2004
13159 posts
3725 upvotes
Mississauga
artofwar wrote: Applies only to Canadian ATM right? not international for travelling?
EQ doesn't charge any foreign ATM for FX fees. The only charge you would get would be from the local ATM itself.

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