You want to get a bank account that would be used both to pay your bills and to accumulate interest! It is now entirely possible; Neo financial savings account is a hybrid product managed entirely online. In this article, we will go over all the advantages of this type of account!
Neo Money account advantages
Here are the main advantages of choosing the Fintech Neo Financial service:
High interest saving account
Neo Financial offers 3.0% interest saving rate! (Offer not valid in Quebec)
It’s one of the highest interest-saving accounts among the competition.
Apply here to Neo Money account and earn 3.0% plus 30$ Bonus (Exclusive to Wyzeinvestors.com readers)
100% digital experience
Opening a Neo Money account is done in just 3 minutes. The registration process is 100% online from the mobile application. The saver completes the contact form and creates his user profile. From the app, the customer simply sends a proof of address and a proof of identity to validate his account;
100% management possible from your smartphone
Neo financial is developing a practical everyday solution to save with complete peace of mind from your mobile. This is truly the guideline of the Fintech service which presents a quality user experience thanks to a powerful app, both in terms of interface and ergonomics;
Note: please note the Neo Money accounts are not available yet in Quebec.
Summary Neo Money account
| Sign in process | online in minutes |
| Pre-requisites | – Canadian resident – SIN number |
| Interest earned rate | 3.0% on every dollar plus 30$ Bonus |
| Minimum Deposit | 0$ |
| Availibility of funds | Immediate |
| Fees | No monthly fees or minimum balances, with unlimited free transactions. |
| Paper cheques | No |
| Partner Bank | Concentra Bank member of CDIC Over $36B in assets |
| Mobile cheque deposits | Coming soon |
Apply here to the high interest saving account from Neo Financial and earn 3.0%! plus 30$ Bonus
Safety
The Neo Money account is provided by Concentra Bank, a CDIC member institution, and is eligible for CDIC deposit protection.
Neo Cashback credit card
Neo credit card is a unique cashback card that offers both great discounts and more flexibility. Instead of just having a fixed cashback rate, the Neo card offers a list of popular merchants with special cashback rates. The merchant community that Neo does business with offers an average of 3% unlimited cash back on all purchases made. This reward formula is more interesting than a classic cash back card.
Best Cashback Credit Card from Neo financial
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