Compare Neo Financial and KOHO side by side. See which Canadian bank offers better rates, lower fees, and more features in 2026.
For higher savings rates, Neo Financial wins (Neo Financial: 2.25% vs KOHO: 0.50%). For lower fees, Tie is the better choice.
| Feature | Neo Financial | KOHO |
|---|---|---|
| Savings Rate (HISA) | 2.25% | 0.50% |
| Chequing Fee | $0 | $0 |
| e-Transfer | Free unlimited | $0 |
| Branches | None | None |
| Sign-up Bonus | $0 | $0 |
If you want the best savings rate, go with Neo Financial. If low fees matter most, Tie is your pick.
Neo Financial is a online bank offering 2.25% on savings with $0 chequing fees and Free unlimited e-Transfers. None branches.
KOHO is a fintech bank offering 0.50% on savings with $0 chequing fees and $0 e-Transfers. None branches.
Neo Financial offers 2.25% savings with $0 fees. KOHO offers 0.50% with $0 fees. For savings, Neo Financial wins.
Neo Financial: $0. KOHO: $0. Tie wins.
Yes. Many Canadians use multiple banks to maximize rates and bonuses.