Are we getting it today guys ??? What time should we expect it.

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" Technical difficulties. We don't like them either, but they happen.

Rest assured we've got our best teams working hard to find a fix. For updates, visit www.eqbankstatus.ca. "

Should I go with EQ or Wealthsimple for business chequing? I am asking in this sub because the people in the wealthsimple sub are very biased.

What I need:

• little to no fees
• requires no minimum balance
• 10 or more e-transfers per month
• reliable bill payments
• And lets me pay CRA without incurring any extra fees

Between the two I can't decide because EQ bank offers higher interest on account balance but wealthsimple offers greater features such as receiving/sending wire transfers and having a prepaid card that earns 1% cash back with ATM fee reimbursement anywhere in the world. Also EQ is an actual bank whereas wealthsimple is a fintech

I'm currently in the process of moving 10k+ to EQ but before I do, I wanted to hear from actual users.

I've been researching EQ and keep coming across posts about login issues, e-Transfers not working, account access problems, and occasional outages. I know people are more likely to post when something goes wrong, but it's still making me hesitate.

I currently bank with RBC and have their cheapest chequing account & my emergency fund parked in their savings account.

Overall, do you consider EQ Bank reliable and safe for larger savings balances, or would you keep your emergency fund elsewhere?

Thanks!

For a bank that doesn’t have a branch and relies on online banking, this is such a slow garbage app

Ive been trying to get my eq card to work for a week now.
The support just says "you are using the card wrong" but i followed their instructions and am using machines and tellers that accept mastercard.
I dont like being gaslit.
I have multiple witnesses and my brother in laws "wealthsimple" mastercard debit works fine.
I am DONE with this fake ass bank.

Hi All,

I tried to setup pre-authorized payment for my RBC credit card via my EQ Bank account and was told by the agent on the phone that RBC doesn’t permit Credit Card PAD from EQ or PC Financial Accounts. All other banks other than those two are allowed. I understand you can do a Bill Pay, but I was trying to make my life easier.

Has anyone ran into this or does anyone at EQ/RBC understand what is going on and why it’s specific to only EQ/PC?