Secured Neo Mastercard 2026 Review

Mika L.
Written by Mika L.
Financial Content Writer
Mat C.
Edited by Mat C.
Managing Editor & Senior Developer

Secured Neo Mastercard4.8/5

Neo Financial

Annual fee
CA$0
Rewards rate
15%-1%
Welcome Bonus
CA$25 to CA$60
Apply Now →on Neo Financial's website

  • 15%Cash back at over 10,000 partners
  • 1%Cash back on gas and groceries

Welcome Bonus:

The Secured Neo Mastercard offers new users a $25 to $60 cash bonus upon approval or with a qualifying purchase.

Reward Rate:

Earn up to 15% cash back at over 10,000 partners, and 1% cash back on gas and groceries.

The Secured Neo Mastercard stands out as the top choice because it offers guaranteed approval for individuals looking to build or rebuild their credit while still earning cash back rewards. With no annual fee and competitive cash back rates, it provides a unique opportunity for credit building.

Pros:

  • Guaranteed approval
  • No annual fee

Cons:

  • Requires a security deposit
  • Variable APR can be high
Apply now →

The Secured Neo Mastercard is an appropriate option for individuals seeking to build or rebuild their credit history without incurring an annual fee. Its cash back rewards and guaranteed approval make it particularly suitable for those who may have limited credit options and are looking to improve their financial standing while earning rewards.

Frequently Asked Questions

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