The current base interest rate offered on the EQ Bank Card is 2.00%.
Understanding Your EQ Bank Card Interest Rate
The EQ Bank Card provides a competitive interest rate, ensuring your money works harder for you. This interest is not paid directly onto the card itself but is deposited into your linked EQ Bank Personal Account, seamlessly integrating your savings and spending. This means that funds held in your Personal Account, which the EQ Bank Card accesses, earn interest.
Current Interest Rate Details
As of the current information, the base interest rate for the EQ Bank Card is 2.00%. This rate is calculated on an annual basis (per annum).
| Account Type | Current Base Interest Rate |
|---|---|
| EQ Bank Card | 2.00% |
| Personal Account | 2.00% |
| Joint Account | 2.00% |
Key Aspects of the EQ Bank Card Interest
- Rate Application: Interest earned on funds associated with your EQ Bank Card is calculated per annum and then paid into the linked EQ Bank Personal Account.
- Consistency Across Accounts: The 2.00% base rate is consistent across several EQ Bank products, including the EQ Bank Personal Account and Joint Account, providing a uniform return on your savings.
- Subject to Change: It is important for cardholders to be aware that all interest rates are subject to change without prior notice. For the most up-to-date and official rate information, it is always recommended to check the EQ Bank's official rates page.
By linking your card to a high-interest Personal Account, EQ Bank ensures that the money you manage through your card contributes to your overall interest earnings. For more detailed information on current rates and terms, you can visit the official EQ Bank Rates page.
