New Neo High-Interest Savings accounts can no longer be opened, but the Neo Cash account has all the same features and rates. Existing High-Interest Savings accounts will continue to be supported.
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.
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
New Neo High-Interest Savings accounts can no longer be opened, but the Neo Cash account has all the same features and rates.
Open a Neo Cash account today!
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.