Voted Canada’s Best Secured Credit Card¹

Guaranteed approval²
No hard credit check
No annual fee³
Complete your application in minutes.
A rewarding way to help build credit⁴
Earn up to5%on restaurants and bars⁵Eat, drink, be merry, and earn cashback at all of our food and beverage partners.
Earn up to3%on your favourite apps⁵Netflix, Disney+, Crave, Apple, Uber, Lyft, SkipTheDishes, DoorDash, UberEats.
Earn up to1%on gas and groceries⁶Save money on everyday essentials.
Earn0.5%on all other purchases⁷Earn a flat cashback rate on everything else when you pay with your Neo Secured Credit card.
We’ve got a few awards in the bank
SavvyNewCanadiansHardBaconRatesDotCaCreditCardGeniusMoneyGenius
It’s time to make “no credit history” historyBuild a strong financial foundation with Neo.
It’s time to make “no credit history” history

How does a secured credit card work?

Set your credit limitSet aside funds to act as your security deposit⁹, starting with as little as $50.
Make on-time paymentsMake everyday purchases and pay off your balance with regular on-time payments by using additional funds.
Build your credit score⁴Our monthly reporting to TransUnion and Equifax enables you to view your credit profile and better understand how to improve your credit score⁴.
Protect your credit balance from the unexpectedBalance Protection is optional coverage that can protect your credit card to help cover your minimum monthly payments during tough times. Peace of mind starts from $1.39¹⁰.
Protect your credit balance from the unexpected

All in one powerful app

Get started in minutes, with no branch visits required.

Got questions?

We’ve got answers.

¹ As awarded on December 5, 2023 by votes cast for best credit cards by Savvy New Canadians.² Conditions apply. Must 1. be the age of majority in your province or territory of residence; 2. be a Canadian resident; 3. provide security funds.³ For Quebec: Monthly Statements; No monthly or annual fees; 21-day grace period; Minimum payment is the higher of $10.00 or 5.0% of total statement balance; Purchase rate (19.99%-24.99%) and cash advance rate (22.99%-25.99%).⁴ When you make payments in full and on time each month.⁵ Average based on current offers at select partners. Cashback may be limited and varies by perks, offer, and partner.⁶ Based on the maximum $300 category spending per month. Cashback may be limited and varies by perks, offer, and partner. There may be monthly limits for boosted cashback offers. For more information, visit the Neo App.⁷ Cashback is earned on eligible purchases with the Premium plan. See the Neo Rewards™ Policy for details on earning cashback and other terms and conditions that apply. Cashback, perks, insights, and other offers and rewards are operated by Neo.⁸ Credit score monitoring is provided by TransUnion.⁹ Except in Quebec, where the amount of the security funds is a variable amongst others, which helps establish your credit limit.¹⁰ The variable monthly premium is based on the statement amount owed at the end of your billing cycle and is calculated based on the average daily balance for every $100 in posted transactions throughout the billing cycle. The insurance premium rate is calculated as $1.39 per $100 average daily balance over the insured period.