Neo Secured Credit Card Canada
Build your credit with the Neo Secured Card — guaranteed instant approval, no annual fee, and cashback rewards on everyday purchases.
Get StartedKey Features
Guaranteed approval
Secured Card
Up to 5% back
Cashback
$0
Annual Fee
Equifax & TransUnion
Credit Building
What Can You Use Neo Financial For?
Build Credit History
Establish or rebuild your credit with payments reported to both major bureaus.
Everyday Purchases
Use your card for groceries, gas, and daily expenses while earning cashback.
Online Shopping
A real Mastercard accepted everywhere Mastercard is accepted online and in-store.
Recover from Bad Credit
Guaranteed approval means you can start rebuilding regardless of past credit issues.
First Credit Card
Perfect for newcomers to Canada or young adults getting their first credit card.
Earn While Building
Unlike most secured cards, earn cashback rewards while improving your credit score.
How to Get Started
Download the Neo App
Get the Neo Financial app from the App Store or Google Play.
Apply for the Secured Card
Apply in minutes — guaranteed instant approval with no credit check.
Make Your Deposit
Choose your security deposit ($50–$10,000) which sets your credit limit.
Start Building Credit
Use your card for everyday purchases and build credit with every on-time payment.
Details & Rates
| Detail | Value |
|---|---|
| Card Type | Secured Mastercard |
| Annual Fee | $0 |
| Security Deposit | $50 – $10,000 (refundable) |
| Cashback | 1% groceries & gas, up to 5% at partners |
| Credit Reporting | Equifax & TransUnion |
| Approval | Guaranteed — no credit check |
Frequently Asked Questions
How much do I need to deposit for the Neo Secured Card?
The minimum deposit is $50 and the maximum is $10,000. Your deposit equals your credit limit and is fully refundable.
Where can I use the Neo Secured Card?
The Neo Secured Card is a Mastercard, accepted everywhere Mastercard is accepted — online, in-store, and internationally.
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Editorial Note: Our content is reviewed by financial experts for accuracy. We may receive compensation from partner lenders, which does not influence our rankings or recommendations. Read our full disclosures
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