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Neo High-Interest Savings Account

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Special Offer

3.00% interest

Account Type

Savings account

Public

Consumers

Monthly Fee

See all accounts from Neo

Updated Nov 5, 2024

Offer

3.00% interest

Grow your savings with 3.00% 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

Account Name Neo High-Interest Savings Account

Public Consumers

Special Offer 3.00% 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 3% 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 are as follows:

No monthly or transaction fees;
No minimum balance required ;
Interac transfers and bill payments available ;
3% Interest rate ;
1% cash back on all purchases.

Alternative bank accounts

Neo Everyday account

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Tangerine Savings Account

Get an interest rate of 6.00% for 5 months

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EQ Bank Notice Savings Account

Up to 3.05% interest

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Alternative Cards

Neo Money Card

No Welcome Offer

First year value : $120

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Neo Mastercard^®

$25 cash back

First year value : $109

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Neo Secured Credit

$25 cash back

First year value : $49

Apply Now