Neo Secured Mastercard®
4.5/5
Card Details
Card Details
Info
Card Type | Secured Credit |
Reward Type | Cash Back |
Our Rating | 4.5/5 |
Institution | Neo Financial |
Fees & Rates
Annual Fee | $60 |
Interest Rates | Purchase: 19.99% - 29.99%□ Cash Advance: 22.99% - 31.99%□ □ Cash advance rate for Quebec residents is 22.99% - 25.99% |
Eligibility
Credit Score Estimate | Poor |
Annual Income | Personal: N/A Household: N/A |
Bonuses
Welcome Bonus | |
Description | N/A |
Rewards
- 1% cash back on grocery purchases up to $500 spending per month (3% cash back with $5k in a Neo everyday account, and 4% cash back with $10k in a Neo everyday account) - drops to the 0.5-1% cash back tier after hitting spend cap
- 1% cash back on gas purchases up to $500 spending per month (3% cash back with $5k in a Neo everyday account, and 4% cash back with $10k in a Neo everyday account) - drops to the 0.5-1% cash back tier after hitting spend cap
- 0% cash back on all other purchases with $0 in a Neo everyday account, or 0.5% cash back with $5k in a Neo everyday account up to $1,667 spending per month, or 1% cash back with $10k in a Neo everyday account up to $1,667 spending per month - drops to 0% cash back again after hitting spend cap
- +5% earned on average at Neo Partners.
Note: our reward calculations use the base cash back rates assuming you do not hold any money in a Neo everyday account to earn the higher tier (boosted) cash back rates, otherwise the reward estimates may be higher.
Rewards Breakdown
Rewards Summary
Point Redemptions
Redemption Method