Increase your savings with higher interest by getting a Neo High-Interest Savings account. Open the account, add your funds, and earn interest as your funds sit in the account.
Log in on the Neo app or website to sign up for a Neo High-Interest account (Neo HISA) by selecting Money and I want to save.
How does the Neo HISA work
The Neo High-Interest Savings account is designed to help you reach your savings goals.
Here’s how to grow your funds:
- Add funds to your Neo HISA
- Let your funds grow as you earn more interest. The longer the funds stay in the account, the more you earn
The Neo Everyday account vs. the Neo High-Interest Savings account
The Neo Everyday account is meant for your daily transactions, and the Neo HISA is meant to help you set goals and save.
Differences to note between the Neo Everyday account and Neo HISA:
- The Neo HISA will typically offer more interest
- There is no Neo Money™ card for the Neo HISA
- You can’t transfer money with Interac e-Transfer® or make bill payments with your Neo HISA
- You can only have one Neo Everyday account. You can sign up for 10 free Neo HISA
Sign up for a Neo HISA
See if you’re eligible to apply for a Neo High-Interest Savings account.
Neo app
- Log in to the Neo app
- In the Accounts tab, select Money
- Tap Explore Money accounts, then select Neo High-Interest Savings account
- Tap Start, enter your details, and verify your identity
- Review your agreements and tap Accept to open your account
Web
- Log in to member.neofinancial.com
- Click on Money from the left-side menu
- Select the Neo High-Interest Savings account
- Click on Start, enter your details, and verify your identity
- Review your agreement and select Accept to open your account
Transfer to and from a Neo HISA
For instant and simple transfers, make deposits from your Neo Everyday account.
You can also make a direct deposit from an external account into your Neo High-Interest Savings account. Link an account to ensure you don’t need to enter your account details every time you deposit funds. External deposits can take 3 to 5 business days to process. Learn how to set up direct deposit to your Neo Money account.