Best Banks in Prince Edward County, ON — 2025 Rankings
EQ
EQ Bank
Digital · No Fees
3.00%
everyday savings interest
EQ Bank pays 3% on everyday savings with zero monthly fees. Prince Edward County residents enjoy Canada's highest CDIC-insured savings rate, fully managed digitally. Whether you're near Sandbanks Provincial Park and the County's renowned wine region or commuting to Belleville, EQ Bank earns more on your money with no branch needed.
KOHO gives Prince Edward County residents 5% cashback on everyday spending with $0 monthly fees. Perfect for families in Prince Edward County looking to save more. Use code 45ET55JSYA at sign-up for a $100 welcome bonus — one of the best bank deals in Prince Edward County for 2025.
Tangerine offers 5% promotional savings rates for new and returning customers. Prince Edward County homebuyers can use this promo to maximize interest on their down payment before purchasing in Prince Edward County. No fees and no minimums make it ideal for first-time buyers.
Scotiabank serves Prince Edward County with branches and ATMs across the area. The Scene+ rewards program earns points at Cineplex, Sobeys, and local partners. Full mortgage, RRSP, TFSA, and business banking available for Prince Edward County residents and nearby communities.
TD serves Prince Edward County with full-service branch banking. The All-Inclusive Plan fee is waived with a $5,000 minimum balance. Great for Prince Edward County residents who value in-person service, mortgages, and TD Direct Investing for their Prince Edward County property and portfolio.
RBC serves Prince Edward County with full-service banking and competitive mortgage rates for Prince Edward County homebuyers. RBC Avion earns travel rewards on daily spending. A strong choice for first-time buyers and move-up buyers exploring properties near Sandbanks Provincial Park and the County's renowned wine region.
Ontario Land Transfer Tax Calculator — Prince Edward County
Calculate your Ontario LTT and first-time buyer rebate for a Prince Edward County home purchase. No Toronto municipal LTT applies here.
Ontario Land Transfer Tax:
Frequently Asked Questions — Banking in Prince Edward County
What is the best bank for Prince Edward County residents in 2025?
KOHO is the top pick for everyday banking in Prince Edward County — $0 monthly fees, 5% cashback promo, and a $100 welcome bonus with code 45ET55JSYA. For savings, EQ Bank's 3% no-fee HISA beats every big bank. Prince Edward County residents in Prince Edward County also have access to Scotiabank, TD, and RBC branches for in-person needs including mortgages, RRSPs, and business banking.
How much is Ontario Land Transfer Tax on a Prince Edward County home?
On a $750,000 home in Prince Edward County, Ontario LTT is approximately $10,475. First-time buyers receive a rebate of up to $4,000, reducing the net to about $6,475. Prince Edward County has no additional municipal land transfer tax — only the provincial Ontario LTT applies. Use the calculator above for a precise estimate on your purchase price.
Does Prince Edward County have a municipal land transfer tax?
Prince Edward County has no municipal land transfer tax. Only the Ontario provincial LTT applies when buying a home in Prince Edward County or anywhere in Prince Edward County. This is a significant advantage over Toronto, where buyers pay both provincial LTT and an additional Toronto municipal LTT. First-time buyers in Prince Edward County also qualify for up to a $4,000 Ontario LTT rebate, or a full exemption on purchases up to $368,000.
What is the real estate market like in Prince Edward County, Ontario?
Prince Edward County has transformed into one of Ontario's hottest lifestyle markets, with prices averaging $750K and waterfront properties well above $1M. Digital banks like EQ Bank (3% HISA) and KOHO ($100 bonus) are popular for Prince Edward County homebuyers saving for a down payment. KOHO's no-fee structure works especially well for residents commuting to Belleville or working remotely. Use code 45ET55JSYA to get a $100 bonus when opening a KOHO account.
Disclaimer: Rates and offers are subject to change. The KOHO 5% cashback is a promotional rate and may vary. Ontario LTT calculations are estimates — consult a real estate lawyer for exact amounts. This page is for informational purposes only and does not constitute financial advice. Bremo.io may earn referral compensation from partner links.