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EQ Bank

EQ Bank

eqbank.ca
What is your customer experience with EQ Bank?

EQ Bank Overview

The aggregated data is based on reviews and questionnaires provided by PissedConsumer.com users.

  • EQ Bank has 1.1 star rating based on 2 customer reviews. Consumers are mostly dissatisfied.

  • Rating Distribution
  • Pros: No fees.
    Cons: No support.

  • Recent recommendations regarding this business are as follows: "Avoid EQ bank", "Using eq results in more loss than any gains that are advertised".

Media from reviews

EQ Bank - Chargeback Funds being withheld
EQ Bank - Great interest rates, only because the company takes it all plus.EQ Bank - Great interest rates, only because the company takes it all plus. - Image 2
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Andrew S Wlr

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Verified Buyer
|

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer
| map-marker Markham, Ontario

Chargeback Funds being withheld

stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full
EQ Bank - Chargeback Funds being withheld
Contains 1 confidential file for company representatives
Updated by user Nov 25, 2024

Funds still have not been returned. Have confirmed with Merchant already that funds were returned to EQ bank and received the transaction number and confirmation. EQ continue to say they have not received funds and that I should expect to wait 90 days even though the funds were received by them on Nov 6

Updated by user Nov 25, 2024

Funds still have not been returned. Have confirmed with Merchant already that funds were returned to EQ bank and received the transaction number and confirmation. EQ continue to say they have not received funds and that I should expect to wait 90 days even though the funds were received by them on Nov 6

Original review Nov 18, 2024
Contacted EQ to assist with a merchant chargeback as Merchant was refusing refund for purchase that was never delivered and then returned to them unopened.
Merchant since released fund back to EQ bank after many hours of emails and telephone calls. Upon contacting EQ was advised I would see the refund next day Nov 12th.

That day came and went so I called back and they could provide no updates on the case nor could they explain why I have not yet been reimbursed considering the merchant returned the funds to them over 10 business days prior.
Was told it would now take 90 days which is completely unacceptable considering the merchant released the funds.
Requested escalation to management but have had zero response from them.
Currently have proof of refund issued from merchant.
Awaiting return of my $850 from EQ and then will cease all further business with them. Very poor customer care or customer service.
Cannot even speak to the security team directly.
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Loss:
$846
Pros:
  • No fees
Cons:
  • No support

Preferred solution: Full refund

User's recommendation: Avoid EQ bank

Amanda H Yco

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer
| map-marker Edmonton, Alberta

Great interest rates, only because the company takes it all plus.

stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full
EQ Bank - Great interest rates, only because the company takes it all plus.
EQ Bank - Great interest rates, only because the company takes it all plus. - Image 2

Eq has continually mislead me with the amount of false information they provided at the time I reported my card stolen. J was mislead by customer service, also after reading the agreement that I signed I was lead to believe that by my reporting the stolen card immediately then my money was safe and unauthorized transactions would be replaced.

They also explained that I have the access to my account and they don't when in fact I had no access and customer service would not do anything to help.

Every ad and new customer thinks that it is a reputable company that will go out of their way to make sure you never have any issues, when in reality they will cause you to have issues even if they are made aware that the result of their actions will lead you to lose everything. Thanks to eq I lost my job and my house and they have done nothing but make things worse with every action they have taken.

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User's recommendation: Using eq results in more loss than any gains that are advertised

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