SECURED NEO MASTERCARD

Voted Canada’s Best Secured Credit Card¹

Start building your credit history for only $5 a month.

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Secured Neo Mastercard
Neo secured credit cards help you build your credit score² while earning instant cashback that grows with healthy balances in your Neo Everyday account.
Guaranteed approval³
No hard credit check
International IDs accepted
Earn cashback on purchases
Calculate your cashbackAdjust your desired Neo Everyday account balance and enter your monthly spend in each of the three categories to calculate your potential cashback.
Neo Mastercard®
Move the slider to explore how Everyday account balance affects rewards.Learn more
Gas
2.00%
Turn your essential spending into cashback no matter where you fill up.
$200
Groceries
2.00%
Turn your essential spending into cashback no matter where you shop for groceries.
$200
Everything else
0.50%
Get cashback on every purchase when you pay with your card.
$700
Your monthly cashback
$0.00
Neo Mastercard
We’ve got a few awards in the bank
SavvyNewCanadiansHardBaconRatesDotCaCreditCardGeniusMoneyGenius
Build your credit history with industry leadersOur credit cards report to the two leading credit reporting agencies in Canada TransUnion® & Equifax
Build your credit history with industry leaders

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.
Help build your credit scoreOur 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 help cover the minimum monthly payments of your outstanding credit card balance during tough times. Peace of mind starts from $1.39* per $100 of your average daily balance.
Protect your credit balance from the unexpected

Get the secured credit cards that reward you for responsibly managing your money for only $5 a month.

Get started in minutes, with no branch visits required.

Got questions?

We’ve got answers.

As awarded by Hardbacon on October 26, 2023.¹ When you make payments in full and on time each month.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 Excluding Quebec residents.⁴ Except in Quebec where the amount of the security funds is a variable amongst others, which helps establish your credit limit.The Neo Everyday account is provided by Peoples Bank of Canada.Neo World Elite® Mastercard is issued by Neo Financial™ pursuant to licence by Mastercard International Incorporated.Mastercard, World Elite, and the circles design are registered trademarks of Mastercard International Incorporated.* Cashback earn subject to monthly spend limit. After monthly spend limit is reached, subsequent purchases are not eligible for cashback. Spend limit resets monthly. Minimum Neo Everyday account balance required to earn the highest rate. For more information, visit the Neo app.