EQ Bank HISA Rates - Updated August 2025

Compare EQ Bank High Interest Savings Account rates and features. Find the best deal for your savings with CDIC-insured protection.

💰 Current EQ Bank HISA Rates

Product Rate Term Min Deposit Action
EQ Bank ’s Personal Account**
3.50% Ongoing $0 Apply Now

About EQ Bank

EQ Bank is a leading digital bank in Canada, known for competitive savings rates and innovative banking solutions.

Bank Details

Key Features

  • No monthly fees
  • Unlimited transactions
  • Mobile banking
  • 24/7 customer service

About High Interest Savings Account

A savings account offering higher interest rates than traditional savings accounts.

Tax Treatment: Interest income is taxable
Liquidity: Very high - instant access
Risk Level: No risk (CDIC insured)

Best For:

  • Emergency funds
  • Short-term savings
  • Risk-free returns
  • Liquidity needs

📊 How EQ Bank Compares to Other Banks

Scotiabank

5.00%

Scotiabank MomentumPLUS Savings Account

View Details

CIBC

4.90%

CIBC eAdvantage® Savings Account

View Details

Royal Bank

4.70%

Royal Bank High-Interest eSavings

View Details

BMO

4.70%

BMO Savings Amplifier Account

View Details

RBC

4.70%

RBC High Interest eSavings

View Details

Tangerine Bank

4.50%

HISA Account

View Details

❓ Frequently Asked Questions

What is the current EQ Bank HISA rate?

Current EQ Bank High Interest Savings Account rates vary based on term and balance. Use our comparison tool for the most up-to-date rates.

What is the minimum deposit for EQ Bank HISA?

The minimum deposit for EQ Bank High Interest Savings Account is $0.

Is EQ Bank CDIC insured?

Yes, EQ Bank is a CDIC member institution.

How does EQ Bank HISA compare to other banks?

Use our comparison tool to see how EQ Bank High Interest Savings Account rates and features compare to other Canadian banks.

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