Neo Savings
Neo Savings
High-interest savings that lets you earn more
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.
Higher interest, automatically
Earn up to 2.9% 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.
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
2.50%
- $20,000+
2.90%
Better rates with fewer restrictions
See how the Neo Savings account can put you ahead compared to the Big 5 banks.
Others
Starting interest rate
2.25%
0.01% - 0.15%
Lock-in periods
None
GICs or restrictions
Top interest rate
2.9%
1%
Access your money anytime
Often delayed for higher rates
Transaction fees
$0
Often $5+
Neo Savings
Others
Starting interest rate
2.25%
0.01% - 0.15%
Lock-in periods
None
GICs or restrictions
Top interest rate
2.9%
1%
Access your money anytime
Often delayed for higher rates
Transaction fees
$0
Often $5+
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
Grow your money faster with Neo memberships
Want a higher interest rate right away? Unlock higher savings rates and more with a Neo membership.
Frequency asked questions
Have a question about the Neo savings account? We have answers.
Open an account in minutes
Start growing your money today—no waiting, no hassle.