Neo's accounts currently don’t offer overdrafts, but there isn't a fee for non-sufficient funds ($0 NSF). Use your available balance to make bill payments, Interac e-Transfer® payments, or purchases using your Neo Money™ card.
What happens if my account doesn’t have enough for a withdrawal or payment?
If your Neo Chequing, Neo Everyday, Neo Savings, or Neo High-Interest Savings account doesn't have enough funds for a withdrawal or payment, the transaction will be declined and you’ll not incur an NSF (non-sufficient funds) fee.
Overdraft protection for Neo accounts
Since Neo accounts don’t offer overdrafts, overdraft protection isn’t available.
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