Secured Neo Mastercard: The Right Choice for Credit Reporting and up to 4% Cashback!
The Secured Neo Mastercard has been recognized as the best secured credit card in Canada, the right product for building credit for just $5 a month.
The card is an excellent option for those seeking comfort at the beginning of their credit journey, and you can see how to apply now.
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Neo is a digital financial institution dedicated to leveraging technology to provide a range of services, including checking and savings accounts, credit cards, investments, and mortgages.
Neo presents the Neo Secured Mastercard, recognized as one of the premier secured cards in the country.
This card features varying cashback levels, providing 0.5% cashback on all purchases. For transactions at gas stations and grocery stores, the cashback rate increases up to 4% because it depensates of the monthly amount.
As much you spend on daily uses, more you can get in cashback perceiving.
Due to its well-balanced integration of a secured card with cashback benefits, it has received multiple awards as the best card in its category from reputable organizations such as RatesdotCA, Savvy, and Hardbacen.
CREDIT CARD
Neo Money Card
If you want the card, then see how to apply.
SEE HOW TO APPLY * You will remain on the current websiteThe secured card format requires you to set aside funds as a security deposit, beginning at $50. Subsequently, you can utilize these funds for daily purchases and repay the balance in regular installments.
Neo subsequently provides monthly reports to credit bureaus such as Equifax and TransUnion, contributing positively to your credit profile.
Furthermore, the Mastercard network is extensively accepted worldwide, facilitating seamless travel and use without significant limitations.
Another significant advantage of the Neo credit card is the guaranteed approval feature; by its very nature, the Neo Mastercard does not require a stringent credit check.
As a result, you can apply for the credit card using your international identification documents, which will be accepted without the necessity of Canadian documentation.
Want to learn another option?
Did you know that Neo is working to establish its presence in the Canadian market? If so, you can explore Neo Money for your account.
The card is unlike any other, functioning as a type of debit card while offering credit reporting and cashback. Discover how to apply.
Writer with over 10 years of experience specializing in finance and education. Master's student in Communication and an expert in online content production.
