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EQ Bank Card
EQ Bank Card
EQCash Back
Annual fee
$0
Welcome offer
No current welcome offer
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on EQ Bank's website

Features
Issuer
EQ
Network
Loyalty Program
Cash Back
Fees and terms
Annual Fee
$0
Min. annual income
Household income
$0+

Issuer terms

  • Free withdrawals at any ATM in Canada
  • 0.5% cash back on every purchase
  • Earn the same excellent rate as your Personal Account
  • No foreign exchange fees, monthly fees, or other hidden fees
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Pros

  • No annual fee

Cons

  • No welcome bonus
  • Modest reward rates

With the EQ Bank Card, you pay no foreign exchange fees for purchases made abroad or in foreign currencies. This Mastercard is a reloadable prepaid card with which you can make free withdrawals at any ATM in Canada.

In addition, you earn the same excellent rate as your Personal Account, as well as 0.5% cash back on every purchase made with the EQ Bank Card.

Since it is a Mastercard, you can use it anywhere in the world as well as in Costco warehouses in Canada.

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EQ Bank Card

The EQ Bank Card is a reloadable prepaid Mastercard linked to your EQ Bank account. It earns cash back, charges no foreign transaction fees, and keeps paying interest on the balance held on the card — a rare combination among Canadian everyday-spending cards.

Who It's For

Ideal for existing EQ Bank savings clients who want a no-FX-fee card for travel and everyday spending while still earning interest on their money.

FAQ

Frequently Asked Questions

Is the EQ Bank Card a credit card?

No. It is a reloadable prepaid card linked to your EQ Bank account, not a credit card. It earns cash back and charges no foreign transaction fees.

Does the EQ Bank Card charge foreign transaction fees?

No. The EQ Bank Card waives foreign transaction fees, which makes it useful for travel and foreign-currency purchases.

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