0.10%
Interest rate
$0
Monthly fee
A no-fee chequing account with cashback on gas and groceries via the Neo Money card.
The Neo Chequing account pays 0.1% interest on your balance, a feature most chequing accounts skip entirely.
Interest applies on balances up to a maximum of $200,000.
Neo's chequing account carries no monthly fee.
There are no NSF fees either, so a bounced payment won't cost you anything extra.
The account pairs with the Neo Money card, which earns 1% cashback on gas and grocery purchases.
Everyday banking is free with Neo Financial, including e-Transfers, bill payments, and pre-authorized debits. ATM withdrawals work at any Canadian ATM.
Keep in mind that the account holds a maximum balance of $200,000.
Deposits are held by Peoples Bank of Canada, a CDIC member.
Terms and conditions apply. The information for the Neo Chequing Account has been collected independently by Prince of Travel and is not provided or reviewed by Neo Financial. Offers, rates, and fees are subject to change — always confirm details on the financial institution's website before applying.
Last updated: July 8, 2026