Retirement 101 eBook - 3D

Author

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Enoch Omololu

Enoch Omololu is a personal finance expert and a veterinarian. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course. He also has an MSc. in Agricultural Economics from the University of Manitoba and a Doctor of Veterinary Medicine degree from the University of Ibadan. Enoch has a passion for helping others win with their personal finances and has been writing about money matters for over a decade. He has been featured or quoted in The Globe and Mail, Winnipeg Free Press, Wealthsimple, Financial Post, Toronto Star, CTV News, Canadian Securities Exchange, Credit Canada, National Post, CIBC, and many other personal finance publications.

His top investment tools include Wealthsimple and Questrade. He earns cash back on purchases using KOHO, monitors his credit score for free using Borrowell, and earns interest on savings through EQ Bank.

3 thoughts on “Neo Financial High Interest Savings Account Review 2022”

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

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