MilesopediaJean-Maximilien VoisinePowered by Milesopedia

Pros & Cons

Pros

  • +No monthly fee

Cons

  • Limited transactions

Current Promotion

Neo is a digital alternative to the big Canadian banks. It offers no-fee credit cards and a high-interest savings account.
The Neo Savings account offers an interest rate of up to 3% on the entire balance, with no monthly fees. To open an account, you must be over 13 years old (14 years old in Quebec).
The main features of the account are as follows:
  • No monthly fees or transaction fees
  • No minimum balance required
  • E-transfers and bill payments available
  • Interest rates (based on balance):
    • $0 – $4,999.99: 2.25%
    • $5,000 – $19,999.99: 2.50%
    • $20,000 and up: 3.00%

Account Features

  • E-StatementNot included
  • Unlimited TransactionsNot included

Special Offer

Up to 2.75% interest

Related Accounts

Conditions apply. All information is believed accurate but not guaranteed. Account details, rates, and offers are subject to change at any time. Always verify the latest terms on the institution's website. JMV may receive compensation through affiliate links. This does not affect our editorial choices or rankings. © 2026 Neo Financial. All trademarks are property of their respective owners.