Neo Secured Mastercard
Neo Financial
- 15%Cash back at Neo partners
- 5%Cash back on groceries
- 1%Cash back on all other purchases
Get a $25 bonus upon approval for new clients.
Earn 1% cashback on gas & groceries, plus up to 15% back at over 10,000 Neo partners across Canada.
The Neo Secured Mastercard stands out as the top choice because it combines instant approval with a robust cashback rewards structure, making it an excellent option for those looking to build or repair their credit while earning rewards.
Pros:
- Low minimum deposit
- High partner cashback rates
- Instant approval
Cons:
- Fees depending on the plan
- Requires a refundable security deposit
The Neo Secured Mastercard is well-suited for individuals seeking to build or improve their credit profile while also earning cashback rewards on their purchases. With its instant approval process and structured rewards program, it provides a practical option for those who may have limited credit history or are looking to enhance their financial standing.