# NEO vs Rasheed

The clearest difference is rating: Rasheed at 5.0 against NEO's 4.4. NEO's advantage is ratings volume (214 vs 3). On price, update cadence, ads and in-app purchases there is nothing between them.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

Rasheed holds the better App Store score, 5.0 against 4.4. That said, the two scores are not equally well evidenced: NEO has 214 ratings behind it against 3, so its average is the more settled of the two.

NEO ships an update monthly, Rasheed fortnightly. The most recent releases landed on October 18, 2026 and October 4, 2026 respectively.

## The numbers

| Metric | NEO | Rasheed |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.4 (214 ratings)](https://appshunter.io/ios/app/neo/id1667738004/reviews) | **[5.0 (3 ratings)](https://appshunter.io/ios/app/rasheed/id6458787414/reviews)** |
| Number of ratings | **214** | 3 |
| Positive reviews | 31.7% of reviews | — |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Monthly | **Fortnightly** |
| Monetization | Free | Free |
| Size | 675 MB | 125 MB |
| Requires iOS | **15.0** | 15.5 |
| Devices | iPhone, iPod | **iPhone, iPad, iPod** |
| Age rating | 12+ | 4+ |
| Developer | [The Saudi National Bank](https://appshunter.io/developer/517508727) | [Innovative Digital Solutions Company](https://appshunter.io/developer/6794837356) |

## What reviewers say

### NEO

[App page](https://appshunter.io/ios/app/neo/id1667738004)

This digital banking app allows users to open accounts, transfer money globally with competitive rates, and manage multiple currencies from a single platform. It offers travel cards with exclusive benefits, secure transactions, and a rewards program for purchases.

**Highlights:** Open account in minutes, International money transfers, Multi-currency account management, Travel cards with lounge access and discounts, Earn rewards points (Neons), Secure, bank-grade encryption, Islamic Sharia compliant banking

**Features:** Apple Wallet, Vision Pro support

**In-app purchases:** none


### Rasheed

[App page](https://appshunter.io/ios/app/rasheed/id6458787414)

Simplify your finances and manage your budget with this expense tracking tool. Capture receipts digitally, automatically categorize spending, and set budget goals for real-time progress updates. Gain insights into your habits to make informed financial decisions.

**Highlights:** Digital receipt capture, Automatic expense categorization, Budget goal setting, Real-time progress updates, Spending insights and reports

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is NEO free?

NEO is free to download, with no in-app purchases.

### Is Rasheed free?

Rasheed is free to download, with no in-app purchases.

### Which has better reviews, NEO or Rasheed?

Rasheed is rated higher. NEO averages 4.4 out of 5 from 214 ratings, while Rasheed averages 5.0 from 3 ratings.

### Do NEO or Rasheed have ads?

Neither NEO nor Rasheed shows ads.

### Which is updated more often, NEO or Rasheed?

NEO ships an update monthly, and Rasheed fortnightly. Most recently, NEO was updated on October 18, 2026 and Rasheed on October 4, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*