Here's a guide to every free ATM in Toronto

May 19 2023, 2:44 pm

There are few things in this world more pointless and annoying than ATM fees. Getting charged to access our own money doesn’t really make much sense, does it? These fees add up quickly and create yet another unnecessary financial burden amidst the rising cost of, well, everything.

Thankfully, there is a solution. Although no ATMs in Toronto are completely free, we have a useful financial hack to make these pesky fees go poof.

Sometimes, it feels like the world just takes and takes — that’s why EQ Bank offers free withdrawals from any ATM in Canada. The bank does this by reimbursing the fees charged by every ATM across the country when you use the EQ Bank Card1, whether it be in a convenience store, another bank, a bar, or a music festival – simply wherever you find yourself needing a cash withdrawal.

Common things like going to a concert or eating at a cash-only restaurant in Toronto could rack up a ton of ATM fees, but when you use an EQ Bank Card, those dreaded fees are completely reimbursed within 10 business days, and no, there’s no catch.

Essentially, EQ Bank’s mission is to help you make bank, without any tricks or gimmicks. You’ll keep your hard-earned money in your account so you can spend it on the things you want, or save it for later.

And they’re not just doing this by obliterating ATM fees across Canada; there are so many more awesome perks to everyday banking with EQ Bank.


Tima Miroshnichenko/Pexels

Are you sick of scrolling through your bank statements and seeing random charges just for using your account? Yeah, you’re not alone.

You can say goodbye to charges like this with EQ Bank’s flagship Savings Plus Account, which, despite its name, works like a chequing account but better. Why? Because there are zero fees on everyday banking, meaning you don’t have to part with your money for the most basic of services anymore.

What’s more, you’ll earn high interest on every dollar in your account right up until you’re ready to spend your hard-earned money. Essentially, it’s like earning interest on a chequing account –and that’s pretty hard to beat. (And when was the last time you checked the interest rate on your bank account?)

You also get an unlimited number of free bill payments, Interac e-Transfers®, and Electronic Funds Transfers (because, duh, why shouldn’t you?). And to make things even better, you don’t even need to maintain a minimum balance to avoid paying fees.

Put simply, a Savings Plus Account gives Canadians the flexibility to do their everyday banking completely for free while earning high interest right up until they spend. What’s more, with the EQ Bank Card, customers get cash back2 on every purchase, online or in-store.

If you’re ready to take hold of your future, unlock free ATM withdrawals nationwide, and make bank with EQ Bank, head over to to get started.

1 The EQ Bank Card is a prepaid reloadable Mastercard® issued by Equitable Bank pursuant to a licence from Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
EQ Bank reimburses any out-of-network fees or surcharges incurred when using the EQ Bank Card at ATMs in Canada within 10 business days.
The EQ Bank Card is not currently available in Quebec.
®Trade-mark of Interac Corp. Used under licence.
2 Cash back will be paid monthly. See the EQ Bank Card Agreement for details on earning cash back and other terms and conditions that apply to the EQ Bank Card.

Daily Hive

Branded Content

This content was created by Hive Labs in partnership with a sponsor.
Katy BrennanKaty Brennan

+ Venture
+ Sponsored
+ Curated
+ Money