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Neo Chequing account + Neo Money™ card – Apply Now
Canadians who want a flexible, everyday account to manage their day-to-day expenses. With no monthly fees and free everyday transactions, users can pay bills, send Interac e-Transfers®, use any ATM in Canada, and set up direct deposits, all while earning cashback on everyday spending
Advantages of Banking with Neo
- No monthly fees
- Instant access to your virtual Neo Money™ card, accepted anywhere Mastercard is.
- Free everyday transactions so you can spend, pay bills, and move money with no added costs
- Earn up to 15% cashback¹ when you shop with Neo partners
- Interac e-Transfer® for easy money movement, anytime
- ATM access across Canada to withdraw cash wherever you are
- Get paid and manage income seamlessly with direct deposits
- Mobile-first money management to track spending and manage your account in the Neo app
¹ Cashback earned is subject to a monthly spend limit. After the monthly spend limit is reached, subsequent purchases are not eligible for cashback. Spend limit resets monthly. For more information, visit the Neo app.”
Neo Savings Account – Apply Now
Canadians who want a top interest rate with no monthly or annual fees, so their hard-earned money gets put to work. The Neo Savings account lets them access their money anytime, making it ideal for a rainy day fund, saving for a big purchase, or setting up auto-save for effortless, consistent savings.
Account holders can earn up to 2.75% on their savings, and the savings rate grows with your membership¹;
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Essentials – 2.00%
Essentials membership is free.
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BUILD – 2.50%
Build membership is $9.99 per month.
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GROW – 2.75%
Grow membership is $14.99 per month.
Account only available to Canadian residents. You must be at least 13 years of age if you reside outside of Quebec; if you reside in Quebec, you must be at least 14 years of age.
¹ Earnings for the Neo Savings account and a Neo Cash account are derived from the interest Neo earns on the funds. Neo shares interest at the advertised rate of return for the Neo Cash account, and earnings are calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.