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EQ Bank

EQ Bank FHSA Savings Account

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FreePartnerSpecial Offer
Learn More

on EQ Bank's website

Monthly Fee
$0
Promo Rate
—
Regular Rate
1.5%
1st Year Value
—

Pros & Cons

Pros

  • +No monthly fee

Cons

  • –Limited transactions

Current Promotion

The EQ Bank FHSA Savings Account helps you save for your first home purchase, with a 1.50% interest rate and no monthly fees.

Your contributions are tax-deductible and eligible withdrawals for a first home are tax-free. All deposits are protected by the CDIC up to $100,000.

Available across Canada, except in Quebec.

Account Features

  • E-StatementNot included
  • Unlimited TransactionsNot included
  • Unlimited Interac e-TransfersNot included

Special Offer

1.50% interest

Terms and conditions

  • 1.50% interest rate
  • Tax-deductible contributions (FHSA)
  • Eligible tax-free withdrawals for a first home
  • No monthly fees
  • CDIC protected up to $100,000
  • Not available in Quebec

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*Conditions apply.

Conditions apply. All information is believed accurate but not guaranteed. Account details, rates, and offers are subject to change at any time. Always verify the latest terms on the institution's website. Ratesopedia may receive compensation through affiliate links. This does not affect our editorial choices or rankings. © 2026 EQ Bank. All trademarks are property of their respective owners.