Neo Money Account
What we like:
- High ongoing interest rate
- Combines the features of a savings account with the convenience of a chequing account
- Unlimited free transactions
- No minimum balance requirements
Fees & features:
- Ongoing interest rate: 2.25%
- Monthly fee: $0
- Everyday transaction fee: $0
- e-Transfer fee: $0
- Cashback rate: Average of 5% at 10,000+ partners
- Minimum balance requirement: $0
- Maximum balance: $200,000
Neo Money Card: Prepaid card linked to your account that can be used to make purchases anywhere Mastercard is accepted.