What is EQ Bank?
EQ Bank is a Canadian digital banking platform operated by Equitable Bank. It offers online banking products including everyday accounts, savings products, GICs and other services.
Under EQ Bank’s current referral program, an eligible new customer can receive a $20 referral bonus after meeting the account-opening and funding requirements.
How EQ Bank's referral program works
Open the BestReferral EQ Bank referral link
Begin through the referral link on this page so EQ Bank can attribute the signup to the referral.
Become an eligible new EQ Bank customer
Complete EQ Bank’s signup process and open an eligible account as a new customer under the current referral-program terms.
Deposit at least $100 within 30 days
EQ Bank currently requires the referred new customer to deposit at least $100 within 30 days of opening the account.
Receive the $20 referral bonus
After the qualifying deposit requirement is satisfied, the eligible new customer receives the current $20 referral bonus. EQ Bank also pays the referrer $20 for a qualifying referral.
Last verified: August 2026. EQ Bank referral terms were verified against EQ Bank’s official referral-program information in August 2026. Referral amounts and eligibility rules can change.
EQ Bank Personal Account
EQ Bank's Personal Account combines everyday banking features with interest on eligible balances.
Rates and promotional terms can change, so check EQ Bank's current published information before opening an account.
BestReferral extra reward
The current extra reward for this offer is $5. This reward is separate from EQ Bank's own referral bonus.
- Start with the EQ Bank offer shown on this page.
- Complete EQ Bank's qualifying referral requirements.
- The referral must be successfully verified and attributed.
- BestReferral must receive the qualifying referral compensation before the extra reward is payable.