- 15%Cash back on first-time purchases at partner brands
- 1%Cash back on gas and groceries
The Neo Secured Mastercard offers a welcome bonus of CA$25 when you fund your new card.
Earn an average of 1% cashback on gas and groceries, plus up to 15% back on first-time purchases at partner brands.
This card is particularly appealing for those looking to build or repair their credit history, as it offers guaranteed approval and a straightforward rewards structure, making it accessible to a wide range of applicants.
Pros:
- No minimum credit score required
- Guaranteed approval
Cons:
- Requires monthly membership fee
- Limited rewards structure
The Neo Secured Credit Card is a suitable option for individuals seeking to build or improve their credit history without incurring an annual fee. Its guaranteed approval and simple rewards structure make it accessible for a diverse range of applicants, particularly those new to credit or looking to enhance their creditworthiness.