Neo Advance
GET UP TO $300 WITH 0% INTEREST
Neo Advance is a flexible, quick way to access money with no interest or hard credit check.
0% Interest
Instant access to cash
No hard credit check
Build your credit history
WHY NEO ADVANCE?
When you're short on cash, you don't need a lecture. You need the money.
Neo Advance puts up to $300 in your hands instantly. No interest, no hard credit check, no waiting. It's there when your rent is due, your car needs gas, or life just doesn't care about your payday schedule.
ACCESS UP TO $300 IN MINUTES
- 1
Sign up for a Neo profile
It’s free and only takes a few minutes to set up.
- 2
Open Neo Advance with a Neo Chequing account
See what else is included.Add a Build membership for $9.99/month. Cancel anytime.
- 3
Access up to $300 instantly
Spend with your Neo Money™ card, pay an expense, or withdraw cash at any ATM.
- 4
Repay → build credit history
Every on-time repayment reported positively to Equifax & TransUnion®.
THE ONLY CASH ADVANCE THAT MOVES YOU FORWARD
NEO ADVANCE
MOST CASH LENDERS
Interest charged
0%
21%*
Recognized by TransUnion and Equifax
Builds credit history
Can help unlock more credit opportunities
Features
NEO ADVANCE
MOST CASH LENDERS
Interest charged
0%
21%*
Recognized by TransUnion and Equifax
Builds credit history
Can help unlock more credit opportunities
How to sign up for Neo Advance
STEP 1: SIGN UP FOR A NEO PROFILE
It’s free and only takes a few minutes to set up.
STEP 2: OPEN A NEO CHEQUING ACCOUNT
From your app home screen, select the Neo Chequing account.
Follow the on-screen steps to go through the application to verify your identity and get your account set up.
STEP 3: UNLOCK NEO ADVANCE
Once you've set up your Neo Chequing account you can access Advance in-app:
- Navigate to your Neo Chequing view and tap 'unlock' on the Neo Advance feature on your chequing account.
- Follow the on-screen instructions and confirm your Advance amount.
- Your Advance becomes available immediately from your Neo Chequing account, to pay bills, and withdraw or spend on your Neo Money™ card.
How do I use Neo Advance?
KEEP YOUR FINANCIAL LIFE MOVING FORWARDS
Once you set up your Neo Advance, it automatically covers you when your Chequing balance falls below $0, up to your available limit. It’s automatically repaid when money enters your account.
HOW DO I PAY AN ADVANCE BACK?
Your Advance is automatically repaid when money comes into your Neo Chequing account, much like a traditional overdraft.
As long as you have enough funds coming into your Neo Chequing account to cover the balance by the due date, there’s nothing for you to manually do.
HOW CAN NEO ADVANCE HELP BUILD MY CREDIT LIMIT?
Neo Advance is a credit product that is reported monthly to the two major Canadian credit bureaus.
Using and repaying your Advance on time builds a record of responsible credit use, and helps build your credit history over time.
Help build your credit history over time.
WHAT IS A BUILD MEMBERSHIP?
Neo Advance lives inside your Build membership. It’s what gives you instant access to up to $300 with no interest when you need it, along with credit tools that keep working every time you do.
Up to $300 cash advance
No interest. Available instantly.
Credit score monitoring¹
Track how every healthy financial decision makes a difference.
Recognized by both credit bureaus
Every on-time repayment builds your score.
Credit builder² tool
Insights and next steps to build credit smarter.
ATM fee reimbursement³
Use Neo Money™ card anywhere.
Free everyday transactions
Take your daily spends further.
All this for $9.99 a month
Less than $0.34/day. Cancel anytime.
UNLOCK HIGHER LIMITS
Every action tells us more about your financial habits helping to unlock more money today.
FROM $300 TO YOUR FIRST HOME. HERE’S HOW NEO GETS YOU THERE.
Credit isn't one path. It's yours. Neo is built so that no matter where you start, your next move is always clear.
Neo Advance puts up to $300 in your hands. It acts like a springboard to your next credit opportunity. And every positive action you take is captured, including things the big banks don't even track.
BUILT FOR CANADIANS. TRUSTED BY 1M+.
CDIC
Backed next-gen security
#1
Deloitte Fast 50 2023–2025
4.8 ★★★★★
+10,000 App ratings
HAVE A QUESTION?
Here’s some common questions about Neo Advance.