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Gravatar for Enoch Omololu, MSc (Econ)
Enoch Omololu, MSc (Econ)

Enoch Omololu, personal finance expert, author, and founder of Savvy New Canadians, has written about money matters for over 10 years. Enoch has an MSc (Econ) degree in Finance and Investment Management from the University of Aberdeen Business School and has completed the Canadian Securities Course. His expertise has been highlighted in major publications like Forbes, Globe and Mail, Business Insider, CBC News, Toronto Star, Financial Post, CTV News, TD Direct Investing, Canadian Securities Exchange, and many others. Enoch is passionate about helping others win with their finances and recently created a practical investing course for beginners. You can read his full author bio.

About Savvy New Canadians

Savvy New Canadians is one of Canada's top personal finance platforms. Millions of Canadians use our site each year to learn how to save for retirement, invest smartly, maximize rewards, and earn extra cash. We have been featured in prominent finance media, including Forbes, Globe and Mail, Business Insider, CBC, MSN, Wealthsimple, and TD Direct Investing. Learn more about Savvy New Canadians.

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4 thoughts on “Neo Financial High Interest Savings Account Review 2024”

  1. Gravatar for Ed

    One fault with NEO. If you get a direct deposit from the Canadian government, like a GST refund, income tax refund, etc., they will put a 2-3 business day hold on it. If it is a direct deposit from any other company, they will put a 5 business day hold on it. Never heard of a bank putting holds on direct deposits.

  2. Gravatar for Tom

    Have the neo financial cash back credit card and it is great. The iPhone app is well made and works great to find some good local deals. This is my go-to cashback card for dining and amazon purchases, something that was missing from a lot of other banks’ credit cards.

  3. Gravatar for Trofis

    If you close the savings account and then decide to re-open again at a later point -good luck. Not happening!

    • Gravatar for Rogers

      Did they do a credit check while opening the savings account?

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