Great info and very timely as I am currently looking for a better solution than tangerine has been offering. My question is about accessing and handling cash. We don’t often need to use cash but how does Neo do this? Or would you recommend another system?
You can get the Neo Card that will be linked to your spending account. You can use it withdraw money from any ATM. There will be a $2.50 fee for doing so. Since you rarely need cash any more, you won't have to pay the fee too often I'm sure. However, I keep my tangerine account and use it as my main bank and chequing account (free withdraws from Scotiabank ATMs) and use Neo as my savings account. I honestly don't think I need to any more , but I guess it's a comfort thing :)