THE FLEXIBLE ACCOUNT
BUILT TO EARN
Earn a powerful 5% annualized rate on every dollar — with no minimums, no lock-ins, and no hidden fees.
NovoSaving helps your money grow while staying fully accessible, so you can earn more without changing how your bank.
Let Your Money
Do the Work
With NovoSaving, your money grows every day — no lock-ins, no hidden fees. Just effortless, high-yield growth in one powerful account.
Compare Interest Rates
| Interest** | Earnings | Withdraw Anytime | Minimum | |
|---|---|---|---|---|
Novo Financial
|
5.00% | $50.00 |
|
$0 |
TD Bank
|
0.010% | $0.10 |
|
$0 |
|
TD Bank
|
2.80% | $28.00 |
|
$500 |
Royal Bank of Canada
|
0.010% | $0.10 |
|
$5,000 |
|
Royal Bank of Canada
|
2.80% | $28.00 |
|
$1,000 |
Scotiabank
|
0.55% | $2.50 |
|
$0 |
|
Scotiabank
|
2.70% | $27.00 |
|
$500 |
BMO
|
0.01% | $8.00 |
|
$0 |
|
BMO
|
2.75% | $27.50 |
|
$1,000 |
CIBC
|
0.30% | $3.00 |
|
$10,000 |
|
CIBC
|
2.70% | $39.00 |
|
$500 |
EQ Bank
|
1.25% | $33.50 |
|
$0 |
|
EQ Bank
|
3.50% | $35.50 |
|
$100 |
KOHO Financial
|
2.50% | $40.00 |
|
$0 |
Neo Financial
|
2.50% | $25.00 |
|
$0 |
Tangerine
|
0.30% | $29.08 |
|
$0 |
5% Annualized Interest, from Dollar One
Start earning 5% annualized interest from the very first dollar you deposit. No minimums, no spending targets, and no confusing rate tiers — just daily growth that adds up.
* Guaranteed Investment Certificate
** Annualized interest rate
Note: All data were collected in 2025.
Total Freedom, No Restrictions
Withdraw your funds anytime without penalties or lock-ins. With full liquidity and zero restrictions, you stay in control. All in one simple app.
It’s Easy to Start
Earning with Novo
1
Download the Novo app
Sign up and create your account in just a few taps.
2
Verify Your Identity
Securely upload your ID — we’ll handle the rest.
3
Get Started
Start saving instantly with a 5% annualized interest rate and full access to your funds.
A Platform You Can Trust With Your Money
Our personal and business customers trust us with their money and information.
Licensed & Compliant
Registered as a Money Services Business and a Payment Service Provider in Canada .
Dedicated Support
Questions?
Get real help from real people.
Built-in Security
Your data stays protected with strict protocols and secure app access.
