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Neo Secured

Neo Secured Credit Mastercard

Neo Financial·Mastercard·Neo Cash Back·🇨🇦 Canada
Annual fee
$60/yr
Welcome bonus
None
Base earn rate
0.5% on everything

Earn rates by category

🛒Groceries
1%
Gas & Fuel
1%
💳Everything else
0.5%

Card details

Annual fee$60/yr
No foreign transaction fee✗ No
Point value100.0¢/pt
NetworkMastercard

About this card

Secured credit card for building/rebuilding credit. 1% groceries and gas, 0.5% base, plus variable cash back (avg ~5%) at rotating Neo partner merchants (not modelled - depends where you shop). $50 min deposit, reports to both bureaus. Annual fee varies by plan ($0-$96). Note: partner rates change over time, visible in Neo app.

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