EQ Bank
$20 welcome bonus for opening a Savings Plus account and depositing $100 in your first 30 days - a 20% return on the deposit that triggers it.
What to do
- Open the EQ Bank referral link; it attaches the referral automatically.
- Create a new EQ Bank Personal Account (Savings Plus) and complete verification.
- Link an existing bank account and deposit at least $100 within 30 days of activation.
- Watch for the $20 welcome bonus, credited within about five business days after funding.
The link applies the referral automatically.
I may receive a reward if you use this link or code.
The $20 welcome bonus is for new EQ Bank clients who open a Personal Account through a referral link and fund it with at least $100 within 30 days of activation. EQ Bank's terms say the bonus is credited within about five business days after the requirement is met. EQ Bank's official Referral Program terms control and can change; confirm current eligibility during signup.
Offer details checked against these provider pages on Jul 23, 2026.
About the EQ Bank referral
EQ Bank is the direct-to-consumer digital bank from Equitable Bank, a federally regulated Canadian bank. It offers no-monthly-fee accounts with high everyday interest, free Interac e-Transfers, and no minimum balances. Eligible deposits are held at Equitable Bank and are covered by CDIC within applicable limits.
EQ Bank's referral program works entirely through a referral link - there is no code to type in. Opening your account through the link on this page attaches the referral automatically. If you open the same account type without the link, the $20 welcome bonus cannot be added afterward.
To qualify, open an EQ Bank Personal Account (the Savings Plus Account) as a new client and fund it with at least $100 within 30 days of activation. EQ Bank's terms say the $20 bonus is credited to the new client within about five business days after that requirement is met. You link an existing bank account to move money in, so the qualifying action is funding the account, not locking a balance away.
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