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Make your money work smarter with Neo Financial. Learn about saving, smart spending, credit building and more on our personal finance blog.
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4 Neo Credit Cards That Will Help You Build Your Credit Up
What makes Neo's lineup unique is that every card it offers comes in two versions: a regular unsecured credit card and a secured version.
Does Getting Your Rent Payments Reported to Credit Bureaus Actually Help You Build Your Credit in Canada?
Over the last few years, various rent reporting services have emerged in Canada, most of which only report rent payments data to Equifax. That includes Borrowell Rent Advantage, FrontLobby, and KOHO. More recently, rent reporting company Zenbase anno
Overpaying Your Credit Card Will (Temporarily) Increase Your Credit Limit, But Has Zero Impact On Your Score
"This can be great if your limit is low, you have the available funds and want to be able to put a large purchase on the card."
What You Can and Can't Do With a 650 Credit Score in Canada
You can still qualify for car loans, high interest personal loans, and secured credit cards, but you will face higher interest rates.
Canada Does Not Have the Cash App Yet, But Here Are the Best Alternatives We Found for Each of Its Features
Below is a feature-by-feature breakdown of the strongest Canadian alternatives for what Cash App actually does.
How to Freeze Your Credit and Avoid Credit Fraud in Canada
"If you're concerned about people opening up credit in your name or if your info were part of a leak, freezing your credit file is something you should consider."
Credit
View All4 Neo Credit Cards That Will Help You Build Your Credit Up
What makes Neo's lineup unique is that every card it offers comes in two versions: a regular unsecured credit card and a secured version.
4 Types of Credit Cards So Easy to Acquire Literally Everyone Can Get Them
There are now 4 types of cards that any Canadian can easily get and that will allow you to order a Uber or book a plane ticket online like a normal person.
The 7 Cardinal Sins of Credit Cards in Canada and How to Avoid Their Pitfalls
While many Canadians are able to use credit cards without getting into debt, if you recognize yourself in any of the seven following habits, you are better off leaving the credit card in the drawer until you can approach it differently.
Spending
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Why Neo's Virtual Prepaid Credit Card Is a Superior Alternative to Any Visa Gift Card
Many Canadians buy Visa gift cards for three specific reasons. They want to shop online at a website they do not fully trust without exposing their real credit card number.
Overpaying Your Credit Card Will (Temporarily) Increase Your Credit Limit, But Has Zero Impact On Your Score
"This can be great if your limit is low, you have the available funds and want to be able to put a large purchase on the card."
Canada Does Not Have the Cash App Yet, But Here Are the Best Alternatives We Found for Each of Its Features
Below is a feature-by-feature breakdown of the strongest Canadian alternatives for what Cash App actually does.
Budgeting & Debt
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10 Unexpected Effects of Doing a Consumer Proposal in Canada
Unlike bankruptcy, a consumer proposal does not transfer control of your assets to a trustee. You keep your home, your vehicle, and all your investment accounts.
10 Surprising Items You Can Legally Keep Thanks to Canadian Bankruptcy Exemptions
Arguably the biggest misconception about Canadian bankruptcy is that you will automatically lose your car.
The Pros & Cons Of Declaring Bankruptcy in Canada
“I think filing for bankruptcy can prevent heart attacks, suicide, divorce, and job loss because people can now focus on life, as opposed to fighting with creditors they cannot afford to pay,” argues Jeremy Kroll, Licensed Insolvency Trustee and Partner at Baigel Corp.
New from Neo
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3 tips for first-time homebuyers in 2023
Reduce stress when buying your first home by better understanding the process, and use these three tips from Treadstone Law to reach homeownership like a pro.
Neo Financial Teams Up with CEBL
The Canadian Elite Basketball League (CEBL) is partnering up with Neo Financial™, a leader in Canada’s financial tech industry.
Strengthening our senior leadership team at Neo Financial
We are thrilled to share the appointment of several new senior leaders at Neo. Please join us in welcoming Amanda Broos as Chief People Officer, Dana Saric as Chief Legal Officer, Allemander Neto as Acting Chief Financial Officer, James Nauss as Chief Operating Officer, and Stefan Doan as Chief Information Officer.
Savings
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The 4 High Interest Savings Accounts (HISA) ETFs Every Canadian Should Know About
Canadian investors looking for a low-risk place to park cash inside a brokerage account should consider those four HISA ETFs in 2026. These funds hold deposits at Canadian banks, earn interest on those deposits, and pass the income to unitholders.
Bank account types: What’s the best bank account?
Which bank account is best for you? To decide that, we want to look at interest, flexibility and fees.
Top 6 money savings habits you can start today
Eat your avocado toast and use these top tips to save your money instead. Work on implementing these 6 money habits and change the way you view your finances.