Updates

Here are some of the new features in the latest version of the Neo Financial app:

• New look and feel: The app has been redesigned with a new look and feel that makes it more user-friendly and modern. The new design also features new icons and animations.
• New Features:
  • New InstaPay: The Neo Financial app now includes InstaPay, which allows you to send money to friends and family instantly. This is a great way to send money quickly and easily.
  • New Neo+: Neo Financial now offers a premium subscription service called Neo+. Neo+ members get access to exclusive features and benefits, such as unlimited InstaPay transfers, no ATM fees, and a higher interest rate on savings.
  • New Neo Cash Card: Neo Financial now offers a physical cash card that can be used to make purchases in stores and online. The Neo Cash Card is accepted at millions of merchants worldwide.
  • New Neo Cashback: Neo Financial now offers cashback on all purchases made with the Neo Cash Card. Cashback is paid out in Neo Dollars, which can be redeemed for gift cards, travel, or other rewards.

Neo Financial is an innovative mobile banking application aimed at revolutionizing how people manage their finances. The app offers an all-in-one banking experience, providing access to banking, credit, and savings accounts from one place. Neo offers a cashback rewards program, flexible rewards plans, and high-interest savings accounts, which enables users to do more while spending less. Founded in 2019 in Calgary, Neo Financial is rapidly expanding across Canada, with hundreds of reward partners added every month.

Neo Financial app makes it easy to manage your finances. Its features include easy-to-use banking, high-interest savings accounts, and two types of master cards with different rewards programs. The cashback rewards program offers cashback to users when they shop at several retailers both online and in-store. Additionally, Neo Financial offers flexible rewards plans that allow users to upgrade their rewards plans monthly. This helps users earn more cashback on all their purchases.

Neo Financial makes it easy to earn cashback rewards. The app includes an everyday cashback rewards program which offers cashback when you shop at your favorite retailers. Neo Financial also provides high-interest savings accounts that enable you to grow your savings faster. The app’s flexible rewards programs enable users to upgrade rewards plans whenever they want, thus increasing their cashback earnings.

Neo Financial is currently expanding across Canada, and hence, local reward partners may not be available in some cities. The app’s cashback rewards program relies on users shopping at participating businesses, and hence, not all purchases may qualify for cashback rewards. The app is currently not widely available in Canada, and users in some regions may not be able to access it for now.

To start using the Neo Financial app, you need to open a free profile. Once you have completed the signup process, browse through the app features, including banking, credit, and savings accounts. You can also choose one of the two master cards – Neo or Hudson\s Bay Mastercard – depending on your preferences. The app allows you to access all your financial products and essential details in one place, making banking and finances more comfortable.

What is the Neo Savings account?

The Neo savings account is a high-interest savings account offered by Neo Financial in partnership with Concentra Bank. The account earns up to 30 times more interest on deposits than regular savings accounts offered by traditional banks. It is also eligible for protection by the Canadian Deposit Insurance Corporation (CDIC), providing peace of mind to users.

What is the cashback rewards program?

The cashback rewards program is an everyday rewards program offered by Neo Financial. It allows users to earn cashback rewards when they shop at participating retailers, whether in-store or online. The rewards are deposited directly your account, making it easy to see your savings grow.

What is the APR on the Neo Mastercard®?

The Annual Percentage Rate (APR) on the Neo Mastercard is between 19.99% and 24.99%, depending on your credit score. The cash advance interest rate on the Neo Mastercard is between 22.99% and 26.99%, depending on your creditworthiness.

Neo Financial is a mobile banking app that is changing the way people do their banking. With its innovative features, cashback rewards program, and savings accounts, users can earn cashback rewards and grow their savings faster. While the app is currently being rolled out across Canada, its user-friendly interface and ability to bring financial products a single platform make it a must-have for those looking for an easy-to-use and rewarding banking experience.