Neo Chequing supports digital everyday banking and optional card access. It is excluded from the no-fee comparison until an unlimited transaction and Interac e-Transfer allowance is verified.
Neo Financial
Neo Chequing
A $0-monthly-fee digital spending account whose transaction and Interac allowances remain unverified.
Normal monthly fee$0
TransactionsUnknown
Interac e-TransfersUnknown
InterestSee details
Overview
Features and access
Monthly cost and transactions
- Normal monthly fee
- $0The normal recurring monthly fee is $0.
- Transactions
- UnknownEveryday payment features are supported; no numbered or unlimited allowance was verified.
Transfers
- Interac e-Transfers
- UnknownTransfers are supported; the reviewed material does not establish the fee and count entitlement.
Card and payments
- Payment card
- YesAn optional Neo Money card provides payment access; including two cards for a joint account.
ATM and branch access
- ATM access
- YesWithdrawals are supported at Canadian ATMs; provider and operator fees can apply.
- Branch access
- NoNeo presents the account as digitally opened and managed without branch visits.
Cheques and ownership
- Cheque support
- NoMobile cheque deposit is described as a future feature rather than current support.
- Joint account
- YesA two-owner joint account is supported.
Interest
- Interest rate
- See detailsNo Neo Chequing deposit interest rate was established.
Deposit protection
Neo says balances are eligible for CDIC protection; the reviewed pages do not establish the member institution or holding arrangement.