Prince of Travel
EQ Bank Notice Savings Account

EQ Bank Notice Savings Account

Savings

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EQ Bank Notice Savings Account

Up to 2.75%

Interest rate

$0

Monthly fee

A notice savings account where a longer withdrawal notice earns a higher rate.

Interest rate

2.35% 10-day notice
2.75% 30-day notice

Key features

  • Longer notice earns a higher rate (no direct-deposit condition)
  • Unlimited deposits and withdrawals
  • Cancel a withdrawal penalty-free before transfer day
  • No everyday banking from this account
  • CDIC insured

Interest Rate

Notice Savings works on a simple trade. The longer the withdrawal notice you choose, the higher the rate you earn.

  • 2.35% with 10-day notice
  • 2.75% with 30-day notice

Unlike EQ Bank's Personal Account, there's no direct deposit requirement attached to either rate.

Fees

The Notice Savings Account has no monthly fee.

Deposits and withdrawals are unlimited at no charge, subject to the notice period you've chosen.

Account Features

This is a pure savings account. Everyday banking isn't available from it, so the notice process is how money moves out.

Deposits and withdrawals are unlimited, and if you change your mind, you can cancel a withdrawal penalty-free any time before the transfer day.

Keep in mind that EQ Bank is digital-only, with no branches or cheques.

Deposits are eligible for CDIC coverage.

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Legal Disclaimers

Terms and conditions apply. The information for the EQ Bank Notice Savings Account has been collected independently by Prince of Travel and is not provided or reviewed by EQ Bank. Offers, rates, and fees are subject to change — always confirm details on the financial institution's website before applying.