Neo Savings Account
Interest rate
2.75% (on balances $20,000+)
- Transactions: Unlimited Transactions - Not included
- Interac e-Transfers: Unlimited Interac e-Transfers - Not included
- Monthly fee
- $0
- Regular rate
- 2.75% (on balances $20,000+)
Reviewed by the CreditCardGuru Editorial Team
Account details
- Monthly fee
- $0
- Regular rate
- 2.75% (on balances $20,000+)
- Rate tiers
- $0-$4,999.99: 2.00%; $5,000-$19,999.99: 2.50%; $20,000+: 2.75%
- Transactions included
- Unlimited Transactions - Not included
- Interac e-Transfers
- Unlimited Interac e-Transfers - Not included
- E-statements
- Not included
- Eligibility
- Over 13 years old (14 years old in Quebec)
- Other benefits
- Open up to 10 accounts for all your savings goals, with customization and instant transfers
Welcome offer: Up to 2.75% interest.
Pros & cons
Pros
- No monthly fee
- Competitive interest rate (2.75%)
Cons
- Limited transactions
Terms & conditions
Rates and offers change. Every rate, fee, welcome offer and benefit on this page was accurate when last reviewed, but Neo Financial can change or withdraw any of them at any time — sometimes without notice. Confirm the current terms on Neo Financial's own website before you apply.
Eligibility is theirs to decide. Approval, credit limits, interest rates and welcome offers depend on your credit history and Neo Financial's own criteria. Bonuses often exclude anyone who has held the account before, and usually require a minimum spend within a set period.
This is not advice. The reviews and ratings here are our editorial opinion, not financial, tax or legal advice, and not a recommendation for your circumstances. Speak to a qualified professional before making a financial decision.
How we make money. CreditCardGuru may earn a commission when you apply through links on this page. It never affects our ratings or what we write — see our advertiser disclosure and rating methodology.
CreditCardGuru is not affiliated with Neo Financial. Trademarks belong to their respective owners.
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See detailsWritten by
CreditCardGuru Editorial Team
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Cite this page
“Neo Savings Account Review (2026)” — CreditCardGuru, https://creditcardguru.ca/banking/neo-financial-neo-savings-account, updated August 19, 2026.