EQ BANK* Charge (What It Is + Is It Legit?)
✓ LegitimateThe "EQ BANK*" charge is from EQ Bank. EQ Bank Canada digital banking fee.
EQ Bank
EQ Bank Canada digital banking fee.
Category
Banking
Avg. Charge
Variable
Country
CA
Billing Cycle
One-time
Cancel At
eqbank.ca/about-us/help/contact-us
Support
1-844-437-2265
Why does this charge appear?
EQ Bank uses the truncated descriptor "EQ BANK*" on bank statements because Canadian digital banking platforms commonly rely on standardized payment processing systems that abbreviate merchant names and append an asterisk to signal a direct bank-initiated transaction or service fee. The asterisk following "EQ BANK" is a formatting convention used by payment networks to distinguish the charge as originating from EQ Bank's own billing infrastructure rather than a third-party retailer. If you hold a savings account or use any fee-based service through EQ Bank Canada, this descriptor is the expected way their charges will appear on your statement.
What should you do?
Identify the EQ Bank charge
The EQ BANK* charge on your statement is a legitimate fee from EQ Bank, a Canadian digital bank. Review your EQ Bank account to confirm it corresponds to a banking service, account fee, or transaction associated with your EQ Bank account.
Log in to your EQ Bank account
Visit eqbank.ca and sign in to your EQ Bank account to review your recent activity and fee history. Check whether the EQ BANK* charge amount matches any fees or transactions listed in your account dashboard.
Contact EQ Bank support if needed
If you do not recognize the specific EQ BANK* charge or need clarification on what the fee covers, reach out to EQ Bank directly through their official contact page at eqbank.ca/about-us/help/contact-us to get a full explanation from their support team.
Manage or close your EQ Bank account
If you no longer wish to incur EQ BANK* charges, log in at eqbank.ca and review your account settings to adjust your services, or contact EQ Bank through eqbank.ca/about-us/help/contact-us to discuss closing or downgrading your account to stop future fees.
Is this charge fraudulent?
No, this is a legitimate charge from EQ Bank. However, if you did not authorize this charge or cancelled your subscription, you may be eligible for a refund.
Frequently Asked Questions
Community Reports (0)
0 votesNo votes yet — be the first to report on this charge!
Have you seen this charge? Help others by voting:
Community Comments (0)
No comments yet. Be the first to share your experience!
Share your experience
Your email is only used to verify your comment and will never be shown publicly.
Search Another Charge
Popular Charges
Tim Hortons
TIM HORTONS*
Telus Canada
TELUS*
Shaw Communications
SHAW*
SkipTheDishes
SKIP*
Shopify
SHOPIFY PAYMENTS*
Related Charges
Need to dispute this charge?
Generate a professional dispute letter in seconds with our AI tool.
Open Charge Assistant →Community Verified
Real user reports
Free to Use
Always free to check
Secure & Private
Your data is safe
Help Millions
48K+ charges identified