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Neo Financial
March 31, 2021
2:14 pm
Doug
British Columbia, Canada
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December 12, 2009
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Peter said
I think that Neo Financial can be added to the chart now.  

I strongly oppose adding it to the chart under the name "Neo Financial" as Neo Financial is not a regulated bank or credit union and does not hold client assets. This would go against our more than a decade of established practices and inclusion criteria. It is not much different than a deposit broker. Rather, it could be added a separately named product/savings account of Concentra Bank.

Cheers,
Doug

April 2, 2021
8:02 am
portfoliostrat
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Maybe it just me, but I think Neo should be included in some way.
The highinterestsavings.ca website is very useful for quick comparisons to decide where $100,000 blocks should be placed. Specific forum details regarding; web tools, ease of use, account setup, customer service, etc, are very useful. This is some of the best information available today, much appreciated!
Excluding Neo’s HISA, will cause some to miss out on one of the top yielding possibilities. I use Neo, my experience so far has been good.

April 2, 2021
9:16 am
Ed
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April 1, 2015
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portfoliostrat said
Excluding Neo’s HISA, will cause some to miss out on one of the top yielding possibilities. I use Neo, my experience so far has been good.  

Agreed. Not having Neo Savings on the HISA chart is doing a disservice to members of this forum who follow it not only to select the best overall rate but also to choose where and how to spread their savings. My experience using the Neo Financial app has also been good, so far. The Customer Service is fast and efficient, as well.

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