Neo Savings account

3% INTEREST* TO BUILD YOUR FORTUNE

Earn one of Canada’s highest interest rates with no monthly fees and start building a future with an account that actually pays.

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  • Earn up to 3% interest* with rates that grow with your balance

  • No monthly fees, no lock in periods, and access to your money anytime

  • Eligible for CDIC deposit insurance²

Open a free accountHave an account? Log in

EARN MORE WITH NEO

See how much more you could be earning with a new Savings account. Interest earned based on a $20,000 balance at a 3% interest rate.*

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Your balance grows. So does your rate.

Balance

Interest Rate

$0 – $4,999

2.25%

$5,000 – $19,999

2.50%

$20,000+

3.0%

WHAT YOU’VE BEEN LOOKING FOR FROM A SAVINGS ACCOUNT

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High interest on every dollar

Interest that grows with your balance. Earn up to 3% interest* on every dollar.

No minimum balance

Start earning interest right away. No required balance to open or maintain your account.

No monthly fees

Keep more of what you save. Neo Savings has no monthly account fees, ever.

CDIC Insured²

Your money is protected. Your deposits are eligible for CDIC deposit protection².

Access anytime

Your savings are always within reach. Move money in or out whenever you need it.

Up to 10 accounts

Create separate accounts for each goal, whether it’s a vacation, emergency fund, or big purchase.

YOUR MONEY IS SAFE WITH NEO

CDIC

Funds held in the Neo Savings account are eligible for CDIC deposit protection².

Next-Gen security

Neo protects your money with bank-grade encryption, biometric login, and active fraud monitoring.

Instant authentication

Purchases, transactions, and account activity are verified in real time—not just when you log in.

Security notifications

Get instant notifications for purchases and money movements. Transparency means you can spot issues sooner.

SAVE TOGETHER AND EARN MORE

Open a joint Neo Savings account to combine balances and reach higher interest rates faster.

  • Both account holders earn interest on the combined balance.

  • Full visibility and control for both

  • Interest paid monthly to shared balance

  • Rates grow as your balance increases

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Rated 4.8/5 on the app stores

1.3+ MILLION CANADIANS TRUST NEO

See how everyday effort turns into real progress.

“I’ve worked very hard to strengthen my credit history. Thank you Neo for giving me an opportunity to build.”

Ryan Haughian

"Awesome modern layout, quick and easy to use. Head and shoulders above the major Canadian banks. Love it so far after 3 years."

Alexander Scott

“It’s helped me rebuild my credit and I’m ecstatic about it!”

Eleanor Pye

HAVE A QUESTION?

Here’s some common questions about the Neo Savings account.

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