Mixing digital banking with credit card features since 2019, Neo Financial is a modern take on Canadian banking hoping to build a community from coast to coast. With its fintech headquarters based in Calgary, Alberta, the goal is to help individuals create custom solutions to their money situations. With no brick and mortar locations, this financial institution offers a no-annual-fee cashback credit card (Neo Credit), a secured credit card (Neo Secured Credit), as well as savings accounts that promise a high interest on balances (Neo MoneyTM).
Partnering directly with local merchants in hopes of facilitating an easier approach to receiving rewards, the three founders have created a top-tier brand in Canada once before with Skip the Dishes; can they do it again? Let’s be the judge as we dive into the Neo Financial Review.