Your money just got smarter
Next generation accounts and toolsA better way to manage, move and grow your money.
Neo High-Interest Savings accountEarn 4.00% interest⁵ and watch your money grow. No minimum deposits, withdraw your money anytime.
- Save with purpose by personalizing account names, icons and goal amounts
- Move your money when and where you need to, with instant transfers between your accounts
- Open up to 10 accounts to organize your money and track your goals at a glance
Neo Money™ cardDo more than debit. A prepaid Mastercard® with zero preloading needed, no monthly fees¹, free everyday transactions, and access to cashback at thousands of Neo partners.
- 1% on gas and groceries²
- 3%³ on streaming, rideshares and food delivery
- Average 5%³ on restaurants, bars and cafes
- 2%+³ at retail partners
- 0.5% monthly minimum cashback⁴
Modernize your moneyThe Neo app makes money simple with powerful tools that put you in control.
Track your financesGet a complete view of your transactions, track transfers and bill payments, and view your cashback, all in one place.
Real-time notificationsGet notified when money goes in or out of your account, and freeze and unfreeze your card with a tap.
Automate your paymentsAutomate bill payments from your Neo Money™ account, so you never have to worry about late payments again.
Send and move moneySend and request funds via INTERAC e-Transfer® instantly, move your money between Neo products seamlessly.
We’ve got answers.
I already have a Neo Money™ account set up, how do I get a physical card?
Simply log in to your account and select Cards under the main menu. You will see a carousel of cards to select from and order a Neo Money™ card to your registered address.
Is my money insured?
The Neo Money™ account is provided by Concentra Bank, a CDIC member institution, and is eligible for CDIC deposit protection. Deposits held in Neo Money™ accounts are combined with eligible deposits held at Concentra Bank, for up to $100,000 of deposit protection, per category, per depositor. For more information about CDIC deposit insurance, please consult CDIC’s website cdic.ca.
The Neo High-Interest Savings account is provided by Peoples Bank of Canada, a CDIC member institution, and is eligible for CDIC deposit protection. Deposits held in Neo High-Interest Savings accounts are combined with eligible deposits held at Peoples Bank of Canada, for up to $100,000 of deposit protection, per category, per depositor. For more information about CDIC deposit insurance, please consult CDIC’s website cdic.ca.
How do you calculate interest?
Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice. Earn 4.00%⁵ interest on your entire Neo High-Interest Savings account balance, no matter if you're a new or an existing member.
Is the Neo Money™ card a debit card?
The Neo Money™ card is a prepaid card that lets you do things that a debit card does—like access cash and spend your money online and in-store without having to manually load funds onto your card.
How soon can I spend with my Neo Money™ card once I sign up?
Instantly. We set up a virtual card so you can make purchases online instantly. or add your card to your Apple Pay or Google Wallet to start spending.
Do I get cashback if I spend with my Neo Money™ card?
Yes! You’ll earn instant cashback on any transactions at partners in our rewards network.
¹ There are no transaction fees applicable to the Neo Money™ account. If you require a printed version of a monthly statement or other document, a $5 fee applies for each printed document.² Based on the maximum $300 category spending per month. Cashback may be limited and varies by perks, offer, and partner. There may be monthly limits for boosted cashback offers. For more information, visit the Neo App.³ Cashback earn subject to minimum spend threshold. There may be monthly limits for boosted cashback offers. Terms and conditions apply. For more information, visit the Neo App.⁴ Top-up varies based on monthly spend and is limited to $50 per month.⁵ Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.