Shared accounts and USD accounts

Hello,

I was wondering if share account functions is going to be added to the Saving accounts. I would love to share my goals with my fiancé, so we can one account to save for a home and the wedding.

Is anything like that going to be coming to Neo?

Also, I would like to see a US checking to be added. I know how hard that is and if Neo is looking into that.

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Hey @CRondeau84 Joint accounts are high on our list. Lots of people like you want this, so we’re working on it! No timeline yet, but the Neo Community will be the first to hear any updates.

A US chequing account is a great idea, too, and we’re definitely exploring it.

What’s the #1 feature you’d want in a joint account? Would love to hear more!

Yeah, I was just kinda looking at sharing my goals/saving account, I have with him. This way, we have one goal, we can share together and not just the goal we have on our accounts separated.

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Totally agree with you! It would be great way to keep track of savings goals together.

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Thge #1 feature would be tracking who made the deposits to be able to attribute interest for tax purposes.
It’s something that is easy to get lost in the shuffle in a joint account

I agree that this would be a needed feature for joint accounts!! Do you currently have a joint account elsewhere and do they offer this feature? I’m curious if its standard across the industry.

I’m not aware of any joint account that reports interest in this manner.
Our joint account just issues a T5 to the person listed first on the account.

Interesting! Its definitely something for the team to think about when they are building out this feature as i’m sure many people are thinking the same thing you are - it would be useful to track it for each individual. Thanks for the insight here!