EQ Bank Card
EQ Bank
Annual fee
CA$0
Rewards rate
0.5%-0%
Welcome Bonus
N/A
Apply Now →on EQ Bank's website
- 0.5%Cash back on every purchase
Welcome Bonus:
N/A
Reward Rate:
Earn 0.5% cash back on every purchase.
The standout feature of the EQ Bank Card is its ability to earn cash back while also providing high interest on the balance, making it a strong choice for everyday spending.
Pros:
- No foreign transaction fees
- High interest on balance
Cons:
- Limited cash back rate
- No traditional credit features
The EQ Bank Card is best suited for consumers seeking a no-annual-fee credit card that offers cash back on everyday purchases while also benefiting from high interest on their balance. Its straightforward rewards structure and lack of a welcome bonus may appeal to those prioritizing simplicity and financial management over extravagant rewards.