Business

EQ Bank launches new Joint Savings Plus Account

EQ Bank launches new Joint Savings Plus Account Canada NewsWire TORONTO, July 9,...

articleEqb IncJuly 9, 20203/company/eqb-inc/news/eq-bank-launches-new-joint-savings-plus-account
EQ Bank launches new Joint Savings Plus Account

About this update from Eqb Inc

[{"type":"text","content":"\n\n\n\nEQ Bank launches new Joint Savings Plus Account\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, July 9, 2020\n\n\n\nHelping customers share more, do more, and earn more together\n TORONTO, July 9, 2020 /CNW/ - EQ Bank, the innovative digital platform offered by Equitable Bank (TSX: EQB and EQB.PR.C), Canada's Challenger Bank™, today announced the launch of its Joint Savings Plus Account. In addition to a host of features that help Canadians bank more easily while earning more, the new joint function offers users a quick, easy, and fully online sign-up process, along with a high interest rate of 2.00%1.\n\n \n \n \n \n \n \n\n \nThe Joint Savings Plus Account allows customers to invite up to three other people, for a total of four account co-holders, making it a great option for money management between partners, housemates, or family.  EQ Bank's joint account will further help customers reach their shared money goals faster – it combines the high interest of a savings account with the flexibility of a chequing account—while also giving customers the peace of mind that their deposits are eligible for insurance from CDIC2.\n\"Opening a joint account can be notoriously difficult,\" says Mahima Poddar, Senior Vice President of Digital Banking and Strategy at EQ Bank. \"With our new Joint Savings Plus Account, we've eliminated the inconvenience of paperwork, phone calls, and branch visits, allowing customers to easily invite up to three people online with a simple and fast digital-sign up proc...

More updates from Eqb Inc