Neo High-Interest Savings Account

Special Offer
4.00% interest
Account Type
Savings account
Public
Consumers
Monthly Fee
$0

neo logo
Neo High-Interest Savings Account
4.00% interest
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Offer

  • Earn 4.00% interest

Grow your savings with 4.00% interest on every dollar. There is no minimum deposit and no monthly fee.

  • Savings planning and reaching savings goals

Open up to 10 accounts for all your savings goals, customize account names and icons, and move funds between accounts instantly.

  • Progress monitoring

Track multiple savings goals at once in the Neo app and watch your savings grow over time.

Fees

Public Consumers
Special Offer 4.00% interest
Monthly Fee $0

Our review

Neo is a digital alternative to the big Canadian banks. It offers no-fee credit cards and a high-interest savings account.

The savings account offers an interest rate of 4% on the entire balance, with no minimum deposit and no monthly fees.

To open an account, you must be at least 13 years old (14 in Quebec).

The main features of the account :

  • No monthly fees or transaction charges
  • No minimum balance required
  • Interac transfers and bill payments available
  • 4% interest rate
  • 1% cash back on all purchases

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