Get $50 FREEfrom Neo Financial (Canada) !!!

 https://refer.neofinancial.com/neo-card?nf_cv=H6P5X4F9

How old is Neo Financial?

The company was founded in 2018 and launched in September 2020, positioning itself as a FinTech startup that intends to disrupt the sector with a vision to “reimagine everyday banking”. 

Where is Neo Financial based?

Headquarters are in Calgary, a somewhat unorthodox choice for a financial services company. While still under the radar as a tech centre, Calgary has a strong and growing tech ecosystem with fellow FinTech companies like Solium Financial and Helcim, along with standouts like Parvus Therapeutics in life sciences and Attabotics in robotics. It’s also home to Providence Therapeutics, an early-stage company which focuses on mRNA vaccines and is currently developing one to fight Covid-19.

Neo opened a second office in Winnipeg in August 2021, in the former office space of SkipTheDishes. In November 2021, the company received a $1.6 million grant from the Manitoba government to support the training of its future Winnipeg-based employees, sufficient to support 300 new positions.

What services does Neo Financial offer? 

Neo Financial offers two products at the moment:

• A Savings Account with one of the highest regular daily interest rates in Canada that also offers free Interac e-transfers, no monthly fees or minimum balances, and unlimited free transactions.
• A no annual fee Mastercard which features cash-back rewards with a network of Canadian merchants. As a customer, you can choose the level of cash-back rewards to some extent, by subscribing to a monthly plan. Depending on the plan you choose, there may be a monthly fee. Details are on their site here.

https://refer.neofinancial.com/neo-card?nf_cv=H6P5X4F9

 

All About Product Switching [2021]

I stumbled across a list of product switches available when switching from one card to another for this quarter/for the new offers that were just released. It also notes that a welcome bonus will only be given if there have been no other welcome bonuses received in the last 6 months, which is also not always adhered to. (from 2020)

I have narrowed down the list to cards that are at least semi-relevant to churning that have special conditions for product switches. If your potential ProductSwitch isn’t listed, you are entitled to the full Welcome Bonus.

Existing card	Card Product Switched to	Welcome Bonus
AP Plat	AP Infinite Privilege	15k AP
AP Plat	AP VI	5k AP
AP VI	AP Plat	No WB
AP VI	AP Infinite Privilege	10k AP
TD Rewards Plat	TD FCT	No WB
TD FCT	TD Rewards Plat	No WB

Source: https://www.reddit.com/r/churningcanada/comments/gvi3b0/a_guide_to_product_switches_with_td/