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Depositing into your Neo Invest™ account

  • Updated

After you create an investment goal, you can start depositing money into your investment account.

You have the option of linking to an external bank account to transfer funds or transferring from your Neo Money account. Both options will initiate an Electronic Funds Transfer (EFT). 

Neo app

  • Log in to the Neo app on your mobile device
  • Select the Invest option at the top of the page and select your account  
  • Scroll down, then tap your goal
  • Tap + Fund, then select an account
  • Enter an amount (minimum $1,000)
  • Tap Confirm

For initial fund deposits, a minimum of $1,000 is required to start investing towards your goal. However, for subsequent deposits, you are free to add any amount. If your account has less than the minimum required deposit or has no amount, then you'll need to increase it to $1,000, otherwise your account may be closed.

Web

  • Log in to your Neo account at member.neofinancial.com
  • Select Investments from the side menu
  • Scroll down, then select your goal
  • Tap + Fund, then select an account
  • Enter an amount (minimum $1,000)
  • Click on Confirm

While we process your deposit, it may take 6 to 9 business days for us to invest your money. We typically withdraw funds from your linked account within 1 to 2 business days. You will notice the transaction appearing under BBS Securities, which serves as the custodian for OneVest.

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