Help out your favourite local businesses and your finances at the same time.
One thing the past year has highlighted is the importance of supporting local businesses. Throughout the pandemic, you may have seen many of your faves — from cafes and restaurants to independent boutiques and theatres — rapidly change their operations or close up shop altogether.
If you didn't think much about supporting local before, there's a good chance it's on your radar these days. It's not only important for people to think this way but for companies as well. After all, they can have a big impact on their communities and customers.
One technology company with this mindset is Neo Financial. With a mission that revolves around uplifting and supporting small businesses and their communities throughout its Canada-wide merchant partner network, Neo strives to give Canadian consumers and business owners a better financial future.
In an increasingly digital world, Canadians are starting to have higher expectations of their banks. Neo is using a tech-first approach to help customers save time and money while supporting local. Neo brings the improvements and innovation that it believes Canadians need and deserve.
Neo's goal is to provide members with a seamless, simple and rewarding digital banking experience. By rethinking how to offer spending, savings, and reward products, Neo uses technology to simplify finances, create rewarding experiences, and build a strong community.
Neo supports Canadian small businesses and rewards its customers by providing a fully integrated and seamless digital experience and by offering one of the most feature-packed cards in the country.
The Neo Card earns you cash back at thousands of your favourite shops like grocery stores, restaurants, gyms and cafes, so you can continue to support local businesses. Neo will even send you proactive alerts and notifications in real time so you can stay on top of your money (and your rewards).
Neo also offers one of the most competitive savings accounts out there. You can enjoy benefits like no monthly or overdraft fees and one of the highest interest rates in the country — 130 times higher than other banks. Since this account comes with CDIC insurance, you'll get the same safety and security as the big banks, plus all the perks like bill pay, Interac e-Transfers® and unlimited free transactions.
There are more perks on the way, according to Neo. The financial company is introducing new features in order to expand its offerings for Canadians like secured cards and automatic payments.
With everyday, instant cash back, competitive interest rates, no monthly fees and a totally digital experience made for millennials and Gen Z — along with a commitment to keeping it local — it's little surprise that Neo stands out against the big banks.
Neo's Cashback Card
Price: There are no annual or over-limit fees.
Where To Get It: Canadians can sign up in minutes on Neo's website or via the Neo app. Add your card to your digital wallet to start earning cash back right away.
Details: Neo reimagines what spending, saving and rewards should look like by using technology that simplifies finances for Canadians. With a Neo card, you can get rewarded for spending at the stores you love.
Open an account in minutes by visiting Neo's website, or check them out on Facebook, Instagram, or Twitter.
This content is for general informational purposes only and does not constitute financial, investment, legal, tax or accounting advice.