Neo Financial rolls out a new High-Interest Savings Account (HISA) targeting Canadian youth aged 13 and older, offering a 3.75% interest rate.
The HISA aims to empower Canadian teens with financial tools for setting goals, tracking spending, and saving for significant expenses like education and travel.
Features include easy online signup, no minimum deposits, count-on stable interest rates without promotional gimmicks, and cashback rewards through the JA Money card.
Neo partners with JA Canada to also provide a digital financial literacy library, supporting young Canadians in building financial knowledge and skills.
The fully digital Neo HISA offers CDIC protection up to $100,000 and is part of Neo Financial's broader suite of financial products.

Neo Financial is a fintech startup that aims to transform the traditional financial landscape through technology-driven solutions. They offer a range of digital financial products, including savings accounts, credit cards, and a rewards program. Neo's approach emphasizes user-friendly interfaces, personalized experiences, and value-driven incentives. Their rewards system is tied to a network of partners, allowing customers to earn more from everyday spending. By adopting a digital-first strategy, Neo Financial seeks to make banking more accessible, efficient, and rewarding for its users, challenging the norms of conventional banking institutions.

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Neo Financial Launches High-Interest Savings for Canadian Youth

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