[Equitable Bank] EQ Bank Card Free $5

Feb 2nd, 2023 7:06 pm

#1

frostyfire22 [OP]: Newbie; Jun 28, 2022; 37 posts; 90 upvotes

Feb 2nd, 2023 7:06 pm

Retailer:: 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

Feb 2nd, 2023 7:09 pm

#2

mohandas: Newbie; Jan 8, 2023; 58 posts; 68 upvotes

Feb 2nd, 2023 7:09 pm

I received card already and got this email as well. Strange.. but happy

+2

Feb 2nd, 2023 7:09 pm

#3

shiire: Member; Sep 27, 2012; 249 posts; 93 upvotes; YVR

Feb 2nd, 2023 7:09 pm

Just got the same email today. Ironically, my card finally showed up today as well.

Feb 2nd, 2023 7:09 pm

#4

MrGoose8: Sr. Member; Oct 16, 2021; 676 posts; 1295 upvotes; YKF <-> YVR

Feb 2nd, 2023 7:09 pm

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.

+1

Feb 2nd, 2023 7:23 pm

#5

scoper: Deal Fanatic; Aug 5, 2006; 9122 posts; 6069 upvotes; Global Village

Feb 2nd, 2023 7:23 pm

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

My Banks: Tangerine, Meridian, EQ Bank, Simplii

Feb 2nd, 2023 7:39 pm

#6

DaVibe: Deal Expert; Nov 16, 2004; 24888 posts; 13067 upvotes; Toronto

Feb 2nd, 2023 7:39 pm

Had no idea everyone was applying for this card. Don't even carry a debit card on me lol

Benefits of the card?

RedFlagDeals Addict - 2008 Nominee for Most Helpful User
Wash your car at Petro-Canada? Think again! Car damaged and nobody cares

+1

Feb 2nd, 2023 7:50 pm

#7

SamuelNapper: Member; Jul 3, 2017; 272 posts; 731 upvotes

Feb 2nd, 2023 7:50 pm

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.

+1

Feb 2nd, 2023 7:50 pm

#8

IEpicDestroyer: Deal Addict; Dec 25, 2017; 3149 posts; 2288 upvotes

Feb 2nd, 2023 7:50 pm

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.

+3

Feb 2nd, 2023 7:51 pm

#9

ADenariusSaved: Deal Fanatic; Jan 11, 2020; 5633 posts; 4415 upvotes; TheprimOrdialsingula…

Feb 2nd, 2023 7:51 pm

Forgot I even applied, free crack hit.

Bank ISAs, CDIC! <= 4.50%: https://forums.redflagdeals.com/bank-in ... sd-2579841
HISA ETFs, NO CDIC! <= 4.96%: https://forums.redflagdeals.com/high-in ... s-2574002/

+1

Feb 2nd, 2023 7:51 pm

#10

scoper: Deal Fanatic; Aug 5, 2006; 9122 posts; 6069 upvotes; Global Village

Feb 2nd, 2023 7:51 pm

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

My Banks: Tangerine, Meridian, EQ Bank, Simplii

+1

Feb 2nd, 2023 7:51 pm

#11

Alocasi4: Jr. Member; Oct 3, 2022; 157 posts; 195 upvotes

Feb 2nd, 2023 7:51 pm

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

Feb 2nd, 2023 8:00 pm

#12

muffin4life: Deal Fanatic; Jun 4, 2012; 5239 posts; 4707 upvotes

Feb 2nd, 2023 8:00 pm

It's nice of them to do this but how is this a hot deal?!?

+8

Feb 2nd, 2023 8:06 pm

#13

elpaso: Deal Addict; Aug 15, 2009; 2673 posts; 2257 upvotes; Montreal

Feb 2nd, 2023 8:06 pm

muffin4life wrote: ↑ It's nice of them to do this but how is this a hot deal?!?

It isn't.

+5

Feb 2nd, 2023 8:15 pm

#14

muffin4life: Deal Fanatic; Jun 4, 2012; 5239 posts; 4707 upvotes

Feb 2nd, 2023 8:15 pm

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.

+3

Feb 2nd, 2023 8:19 pm

#15

DarthNerdi0us: Newbie; Nov 14, 2022; 12 posts; 4 upvotes

Feb 2nd, 2023 8:19 pm

Still haven't gotten my card, ordered Jan 11-13th.

Nice sentiment I guess?

Feb 2nd, 2023 8:41 pm

#16

artofwar: Deal Addict; Aug 1, 2008; 1568 posts; 293 upvotes; Vancouver

Feb 2nd, 2023 8:41 pm

SamuelNapper wrote: ↑ Free withdraws at any ATM, any fees will be refunded.

Applies only to Canadian ATM right? not international for travelling?

Feb 2nd, 2023 8:48 pm

#17

kulb: Deal Addict; Feb 24, 2008; 2242 posts; 744 upvotes

Feb 2nd, 2023 8:48 pm

I'm still waiting for my card (Jan 11); in GTA. Got this email as well.

Feb 2nd, 2023 8:51 pm

#18

JustinW446: Jr. Member; Aug 6, 2013; 106 posts; 321 upvotes; Delta

Feb 2nd, 2023 8:51 pm

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?