EQ Bank Introduces Joint Accounts

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Our favorite high-interest online bank is now offering joint accounts! EQ Bank joint accounts let you share the joy of EQ Bank’s incredible 1.25% everyday interest rate* on the EQ Bank Savings Plus Account with someone else.

Joint finances need joint accounts

Whether you’re managing shared household bills or saving to go on vacation together, it’s more likely than not you’re managing money with someone else. EQ Bank’s joint accounts make this easier than ever.

Following in the steps of KOHO, your joint account holder doesn’t have to be a romantic partner. You can open an EQ Bank Savings Plus Account with a friend or family member, and share bills or save for a financial goal together.

To set up a joint account with EQ Bank, all you need to do is open a Savings Plus Account and invite your chosen joint account holder. You’ll both need to be Canadian residents with your own Social Insurance Numbers, and be of the age of majority in your province.

Who is EQ Bank?

EQ Bank is a high-interest online bank. They consistently offer some of the most competitive interest rates on savings accounts and GICs in Canada.

The EQ Bank Savings Plus Account works as both a daily banking account and a savings account. Not only do you earn high interest on your cash balance, but you can also use the account to pay bills and send eTransfers, completely free of charge. There are no monthly banking fees with EQ Bank, making it also one of the most affordable banks on the market!

You can read more in our complete EQ Bank Review here!

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