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Card Details
Interest Rates
Purchase: 19.99% - 29.99%□
Cash Advance: 22.99% - 31.99%□
Balance Transfer: 22.99% - 31.99%
□ Quebec rates: Purchase 19.99% - 24.99%, Cash advance 22.99% - 25.99%
Annual Fees
Main Card: $95.88 ($7.99 Monthly)⁕
Additional Cards: $10 (max 1 additional cardholder)
⁕ To waive the $7.99 monthly fee on the Neo secured credit card (Neo Build), you must maintain a total balance of at least $5,000 across your Neo Everyday, Neo Savings, or Neo High-Interest Savings accounts.
Welcome Bonus
- Get an exclusive $25 bonus through our offer link
- Click on Apply Now to learn more
- This offer is only valid for new Neo clients
Annual Income
Personal: N/A
Household: N/A
Credit Score Estimate
300⁎Poor
560⁎Fair
660⁎Good
725⁎Very Good
760⁎Excellent
Card Type
Secured Credit
Our Rating
4.5/5
Institution
Neo Financial
Awards
Best Secured Credit Card
2026
How You Earn Rewards
- 1% cash back on grocery purchases up to $500 spending per month
- 1% cash back on gas purchases up to $500 spending per month
- Up to 15% cash back at over 10,000 Neo Partners
Annual Rewards Breakdown
Annual Rewards Summary
Point Redemptions
Redemption Method
Net Value (After Annual Fee)
Insurance & Benefits
No insurance coverage information available for this card.
No additional benefits available for this card.
Pros & Cons
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