The interest rate for the Neo High-Interest Savings account changed from 2.25% to 1.25% on December 18, 2025. We're made this change because the Neo Savings account now offers higher rates.
If you have a Neo HISA, you can earn a higher by moving your balance to a new Neo Savings account. With the Neo Savings account, you get higher rates when you save more with Neo.
We’ve introduced our new Neo Savings account (previously known as the Neo Cash account) to give you access to some of the highest rates in Canada and features, such as joint accounts.
What's changing with the Neo High-Interest Savings account?
On December 18, the interest rate for the Neo High-Interest Savings account changed from 2.25% to 1.25%.
How do I keep earning a higher rate?
You can keep earning a higher rate by opening a new Neo Savings account and transferring your savings there. The Neo Savings account has all the same features as the Neo High-Interest Savings account, and even more! You also get higher rates and joint account.
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