What the Critics Are Saying...
- Rewards CanadaWith the Canadian market losing the HSBC World Elite Mastercard and the recent addition of Foreign Transaction fees to the Brim Mastercards, there are very few Mastercard options left with No FX Fees. In fact, the only No FX Fee Mastercard options available are all prepaid cards and the EQ Bank Card...
- Enoch Omololu, SAVVY New CanadiansThe EQ Bank Card goes a step further in converting the Savings Plus Account into a versatile spending account, along with the benefits of high-interest rates and zero monthly fees.
- Rachel Cribby, ForbesIf you find yourself spending a lot of time abroad or over the border, you’d be hard-pressed to find a better card for foreign spending. Even among traditional credit cards with high income and credit score requirements, it’s rare to find a card that can offer you zero forex fees. Although the EQ Ba...
- Hope M. Gabriel, My Wealth ExperienceThe EQ Bank reloadable card came at the right time. It will serve as a worthy alternative to Canadians looking for a no-fee reloadable Mastercard. With high expectations on it, we can only hope the card sustains its mind-blowing features and expand its competitive edge as it grows.
- Tim Falk, FinderIf you want a prepaid card that is convenient to use, provides 0.5% cashback and allows you to earn interest on your savings at the same time, the EQ Bank Card is certainly worth a look. Make sure you compare it to other prepaid cards before deciding whether the EQ Bank Card is right for you.
Details
| Overview | |
|---|---|
| Card Price | $0.00 |
| Activation Fee | $0.00 |
| Card Maintenance Fee | $0.00 |
| Minimum Load Amount | $0.00 |
| Maximum Load Amount | $10,000.00 |
| Max Balance | $10,000.00 |
| Transaction Fees | |
| Add Money | |
|
Direct Deposit
|
$0.00 |
|
Cash Loads
|
$0.00 |
|
Card to card transfer
|
$0.00 |
| Spend Money | |
|
Purchase Fee
|
$0.00 |
|
Bill Payment
|
$0.00 |
|
Foreign Transaction Fee
|
$0.00 |
| Get Cash | |
|
ATM withdrawal fee (Domestic) - In Network
|
$0.00 Fees will be reimbursed if you are charged at an ATM in Canada |
|
ATM withdrawal fee (Domestic) - Out of Network
|
$0.00 Fees will be reimbursed if you are charged at an ATM in Canada |
|
ATM withdrawal fee (International)
|
$0.00 Additional fees may be charged by the ATM operator |
|
Over-the-counter cash withdrawal (Domestic)
|
$0.00 Not available |
|
Over-the-counter cash withdrawal (International)
|
$0.00 Not available |
| Other | |
|
Balance Inquiry (at ATM)
|
$0.00 |
|
Inactivity
|
$0.00 |
|
Card replacement
|
$0.00 |
|
Card Replacement and Express Delivery Fee
|
$0.00 Not available |
|
Monthly Paper Statements
|
$0.00 Not available |
|
Custom Card Fee OR Customization
|
$0.00 Not available |
| Promotions | |
| Sign up bonus | - |
| Rewards |
0.5% cash back on purchase |
| Features & Benefits | |
| Additional Card Holders | No |
| Funds Don't Expire | Yes |
| Supported Currencies | CAD |
| Zero Liability | Yes |
| Fraud Protection | Yes |
| Custom Design | No |
| Wireless Payments | No |
| Virtual Cards | No |
| Additional Benefits |
2.50% interest on your loaded balance until you spend it |
| Eligibility | |
| Minimum Age |
18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces. |
| Temporary Residents | No |
| More | |
| Additional comments |
The Card is currently unavailable to residents of the province of Quebec. |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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