Earn 5% interest. No fees. No lock-in.
Grow your savings daily while staying in full control. With NovoAccount, your money works harder — and stays within reach.
Why NovoAccount?
5% Annualized Interest
Earn a real 5%, compounded daily, on your full balance. No fine print.
Instant Access
Withdraw anytime. Your savings stay liquid and penalty-free.
Truly Fee-Free
No monthly fees. No transaction fees. No nonsense.
Integrated with Your Life
Use your savings directly with the NovoCard, or transfer freely with NovoPay.
A Smarter Account, Built for Daily Life
NovoAccount is more than just a savings account. It’s your all-in-one financial hub — earning high interest while staying completely accessible through the Novo App.
- No minimum deposit
- Interest starts from day one
- Check your balance, track earnings, and access funds — all in real-time
How can we offer 5%?
Your deposits are placed into a high-performing strategy that has delivered consistent returns — allowing us to pass 5% back to you.
- Licensed as a Money Services Business (MSB) and PSP in Canada
- Transparent, secure, and compliant