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Overdrafts for Neo Money accounts

  • Updated

Neo Money™ accounts (including Neo High-Interest Savings accounts) currently don’t offer overdrafts. Use your available balance to make bill payments, Interac e-Transfer® transfers, and purchases using your Neo Money™ card.

What happens if your account doesn’t have enough for a withdrawal or payment

If your Neo Money 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 Money accounts

Since Neo Money™ accounts (including Neo HISA) don’t offer overdrafts, overdraft protection isn’t available.

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