Compare the EQ Bank Card. Cash back, no foreign transaction fees, and interest paid on your balance.
The EQ Bank Card has no annual fee, making it risk-free to hold. You earn 0.5x on groceries and 0.5x at restaurants. Estimated first-year value is $112.
Cash Back
Complete Guide
Compare the EQ Bank Card. Cash back, no foreign transaction fees, and interest paid on your balance.
The EQ Bank Card is a reloadable prepaid Mastercard linked to your EQ Bank account. It earns cash back, charges no foreign transaction fees, and keeps paying interest on the balance held on the card — a rare combination among Canadian everyday-spending cards.
Ideal for existing EQ Bank savings clients who want a no-FX-fee card for travel and everyday spending while still earning interest on their money.
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Cards analyzed
Jun 2026
Last updated
100%
Independent
Our team evaluates credit cards based on overall consumer value: rewards earning rates, annual fees, welcome bonuses, insurance coverage, and additional perks. Cards are ranked by estimated first-year value. We update our picks monthly.
FAQ
No. It is a reloadable prepaid card linked to your EQ Bank account, not a credit card. It earns cash back and charges no foreign transaction fees.
No. The EQ Bank Card waives foreign transaction fees, which makes it useful for travel and foreign-currency purchases.
Compare the best credit cards in Canada or calculate which card's rewards actually fit your budget.
