Additional promotion
Earn 2.25% interest on your entire balance. Includes 50 free outgoing and 100 free incoming Interac e-Transfers per month.
Business Chequing Account
CAD
CDIC Insured
EQ Bank
EQ Bank Business Account
A high-interest business operating account with zero monthly fees. Designed for sole proprietors and corporations to manage spend, growth, and savings in one place.
Interest rate
2.25%
Monthly fee
No monthly fee
Transactions
Unlimited
Minimum deposit
$0
CURRENT OFFERS
Promotions and account value
EARNINGS
Rates and interest details
Rate option 1
2.25%
- Compounding
- Monthly
- Calculation
- Daily Closing Balance
COSTS
Fees and account limits
Monthly feeNo monthly fee
Fee-waiver balanceNot listed
Minimum deposit$0
Maximum depositNot listed
Included transactionsUnlimited
Bundled productNot specified
Detailed fee schedule
| Fee | Amount | Frequency or allowance | Additional use |
|---|---|---|---|
| Interac e-Transfer Fee50 free outgoing e-Transfers/mo, then $0.50 each. 100 free incoming e-Transfers/mo, then $0.50 each. | - | Per Use | - |
ACCOUNT EXPERIENCE
Features and benefits
No Monthly Fees
No monthly fees or minimum balance requirements.
Free Interac e-Transfers
Generous Interac e-Transfer monthly limits (50 out / 100 in).
Unlimited Transactions
Unlimited electronic transactions.
Online and Mobile Banking
Dedicated 7-day-a-week expert support available.
CDIC Insured
Eligible for CDIC protection.
WHO CAN APPLY
Eligibility and access
Minimum ageNot specified
AvailabilityAvailable nationally
Mobile appYes
Online bankingYes
Branch accessNot specified
CDIC Insured: Eligible for CDIC protection.
COVERAGE
Registration, networks and availability
Registration options
- CORPORATECorporate / Non-Personal
IMPORTANT INFORMATION
Terms and disclosures
Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with EQ Bank before opening the account.