EQ Bank Tax Free Savings Account
Welcome to the EQ Bank Tax-Free Savings Account (TFSA), where your savings grow tax-free. Explore the features and FAQs below to discover how you can maximize your savings with competitive rates and convenience.
Key Features
- Competitive Interest Rates: Earn high interest rates on your tax-free savings balance.
- No Monthly Fees: Enjoy savings without worrying about monthly maintenance fees.
- Flexible Access: Access your funds anytime through online banking or the EQ Bank mobile app.
- Automatic Savings: Set up recurring deposits to build your savings effortlessly.
- Security: Your deposits are protected by EQ Bank’s robust security measures.
FAQs
Who can open an EQ Bank Tax-Free Savings Account?
Canadian residents who have reached the age of majority in their province and have a valid Social Insurance Number (SIN) can open this account.
Is there a minimum balance requirement?
There is no minimum balance requirement to open or maintain the account, but a minimum balance may be required to earn interest. Please refer to our current terms and conditions for details.
How can I deposit funds into my account?
You can deposit funds via electronic transfer from another bank account or by linking external accounts to your EQ Bank TFSA.
Are there any fees for withdrawing funds?
There are no fees for withdrawing funds from your EQ Bank TFSA, and all withdrawals are tax-free.
How can I contact EQ Bank customer support?
You can contact EQ Bank customer support through their website, mobile app, or by emailing their support team.
