EQ and NEO banks??
Has anyone got anything good or bad to say about these online banks? They're both offering around 1.25-1.35% interest at the moment so whilst my partner is at her parents in BC for a couple more weeks, we're thinking about opening up an account with them as RBC are paying nought point nothing at the moment on her canadian savings. Thanks.
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Re: EQ and NEO banks??
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Re: EQ and NEO banks??
In my limited experience, I've found Tangerine very good to deal with and currently offering 2.25% - for a limited time of course. https://www.tangerine.ca/en/landing-page/earnmore
As a subsidiary of Scotia Bank, I feel they have better credentials than others. |
Re: EQ and NEO banks??
Originally Posted by btar
(Post 13085939)
In my limited experience, I've found Tangerine very good to deal with and currently offering 2.25% - for a limited time of course. www.tangerine.ca/en/landing-page/earnmore
As a subsidiary of Scotia Bank, I feel they have better credentials than others. |
Re: EQ and NEO banks??
EQ is very good. It offers a consistently high rate (compared to others). Very efficient. And they are teamed up with Wise for international transfers.
Tang HISA has a weird and irritating approach of sending promotional offers to selected few people every few months. Tang pays close to naught to anyone without a promotional deal. And the offer only impacts “new money”. I wouldn’t exceed the $100K CDIC coverage per account with either Tang or EQ. Neo is a new digital Fintech. Too new for my taste. RF thread on Neo: https://forums.redflagdeals.com/neo-...erest-2419766/ Here is the overall chart for HISAs: https://www.highinterestsavings.ca/chart/ |
Re: EQ and NEO banks??
Ive used EQ bank scraping by for extra percentage pts on savings. No complaints using them
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Re: EQ and NEO banks??
Thanks for the replies, I think we've decided on EQ bank :)
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