Neo Savings
Neo Savings
Save Smarter. Earn 3% on your savings*
Rated 4.8/5 in the app stores
Earn one of Canada’s top interest rates and access your money anytime. Plus, the more you save, the more you earn. Start saving in less than 5 minutes.
Built to Beat Traditional Savings Accounts
See how the Neo Savings account can put you ahead compared to the Big 5 banks.
Starting interest rate
3%
3.79%
When promo rates expire
3.0%
.45%
Interest earned (12 months)²
$609.07
$258.34
Transaction fees
$0
Often $5+
Neo Savings
Traditional Banks²
Starting interest rate
3%
3.79%
When promo rates expire
3.0%
.45%
Interest earned (12 months)²
$609.07
$258.34
Transaction fees
$0
Often $5+
Interest rates that reward you
With Neo, your savings work harder as your balance grows. You don’t need to chase promos or switch accounts.
- $0 - 4,999.99
2.25%
- $5,000 - 19,999.99
2.5%
- $20,000+
3.0%
Higher interest, automatically
Earn up to 3% interest¹ - your rates increase as your balance grows. No promo codes, no switching accounts, no waiting.
Instant access and easy control
Move or spend your money anytime. Open up to 10 accounts to organize your savings your way.
Savings with protection
Your money is eligible for CDIC protection, and you stay in full control of your savings with the Neo app.
Save together and earn more
Open a joint Neo Savings account to combine balances and reach higher interest rates faster.
One account, two account holders
Full visibility and control for both
Interest paid monthly to the shared balance
Rates grow automatically as your balance increases
Open an account in minutes
Start growing your money today—no waiting, no hassle.
Frequently asked questions
Have a question about the Neo Savings account? We have answers.