I love the idea of the tiered boosts, however, I like to keep the majority of my money in my HISA with my everyday account used for payments, direct deposits, etc.
Could the tiered boosts be expanded to the TOTAL account balance - investments included if possible?
I believe this is far more realistic then having to trottle interest gained by having cash in the everyday account.
Thanks!
Great feedback here John! I can appreciate the idea of making tiered boosts work across different balances, It’s something we’ve definitely looked into, but as you can imagine, we need to find a balance that works both for customers and for Neo from a business standpoint. I have passed the feedback along to our team regardless, because I know we’re always looking to improve on these things and this is super valuable feedback for us!
@_johnmcbride By the way, have you used the cashback calculator on our site that shows how much you’d earn based off of your everyday account balance + how much you typically spend in a month? For me I found this the easiest way to calculate if over time i’m earning more in the HISA or earning more form cashback directly from spending. Each person’s monthly spend is different but its nice to be able to calculate it! Just curious to know if you’ve tried this
I’m thinking of making a post on this topic too because I feel like its a great one to explore further into for members!
Honestly, I have not, didn’t even think of comparing them as an option.
Might have to check this out, thank you!