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One powerful account. No monthly fees.

Combine the best of a savings and spending account while earning up to 145x¹ more interest than at a traditional bank. It’s why Neo Money was voted the best savings account in Canada².

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Keep your money and earn more on top

Earn more

Get 1.45% interest³ on every dollar with one of the highest interest rates in Canada.

Earn daily

Your interest is calculated daily and paid out monthly. Watch your interest rack up right from your Neo app.

Truly unlimited. No strings or monthly fees attached.

Forget the monthly fees

In typical Neo fashion, there are no monthly or annual fees.

Unlimited free transactions

You can send and receive payments, pay your bills, and deposit your paycheques – all for free. Spend money on things, not fees.

No "mininum" required

No minimum deposit. No minimum balance in your account. With Neo, there’s no such thing as too little savings.

Automate your payments

Make life easier with scheduled payments. Conveniently pay your monthly Neo Card and other bills all from one place. Of course, free of charge.

Fund your account in 3 ways.

Start today with as much (or as little) as you want.

Send an Interac e-Transfer®

Send your Neo Money an Interac e-Transfer® from an existing account.

Link your existing accounts

Simplify moving money between accounts. You can withdraw and deposit anytime.

Set up direct deposit

Have your paycheque go directly into your Neo Money account and earn interest.

Get the one account that does it all.

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So much more than Neo Money

Get more from your money with simple and innovative products designed for life today.

Neo Card

Get cashback on your everyday spending

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Neo Invest

Grow wealth and plan for life's major goals

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Neo Mortgage

Low rates with none of the stress

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Got questions? We can answer them.

¹ Based on research comparing high-interest savings rate of Canada’s ‘Big 5’ banks using a $100 investment, excluding promotional rates and rate premiums. Research was conducted by Neo Financial and based on data taken from public websites as at April 20, 2022. ² As awarded on August 25, 2021 by the Financial Post.³ Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.® Trademark of Interac Inc. Used under license.