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The Neo Secured Mastercard backed by a deposit, so it's one of the easier ways to start or rebuild a Canadian credit history.
Welcome offer
Get a $25 account credit
+$50 extra cash back paid by FinlyWealth when you apply through our link and are approved.
Year-one value: $-45 — $25 offer value (issuer's estimate) + $50 extra cash back − $119.88 annual fee. How we count
Key facts
Pros
- Low minimum deposit
- High partner cashback rates
- Instant approval
- Credit-building tools
- No income requirements
- No credit score requirements
Cons
- Potentially high interest rates
- Monthly fee
All Neo Financial cards · Cash back cards · Build credit cards
Similar cards
| Card | Welcome offer | Extra cash back | Annual fee | Purchase rate | Cash advance | FX fee | |
|---|---|---|---|---|---|---|---|
 Neo Financial | Get a $25 account creditEst. value $25 | +$50 cash back | $119.88 | 19.99% | 22.99% | 3% | Apply → |
 Neo Financial | Get a $25 account creditEst. value $25 | +$50 cash back | $119.88 | 19.99% | 22.99% | 3% | Apply → |
 Neo Financial | Get a $25 account creditEst. value $25 | +$50 cash back | $119.88 | 19.99% | 22.99% | 3% | Apply → |
 Neo Financial | Get a $25 account creditEst. value $25 | +$100 cash back | $149 | 19.99% | 22.99% | 3% | Apply → |
Card data from FinlyWealth, updated 2026-11-08. Rates, fees and offers change often — confirm the current terms on the issuer's site before applying. crediteasy.ca is independent and does not provide financial advice.