4.8
/5
Neo Financial
Secured Neo World Mastercard® – EverywhereCash Back Calculator
Our Take
Most secured cards give you very low to no rewards for using your card as you build your score over time. This card, however, offers solid rewards for customers who want simplicity with strong flat-rate cash back on all purchases. This is a fantastic card to help build your score while you also get to earn decent cash back rates.
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% - 23.99%, Cash advance 22.99% - 24.99%
Annual Fees
Main Card: $119.88 ($9.99 Monthly)
Annual Income
Personal: $50,000
Household: $80,000
Credit Score Estimate
Card Type
Secured Credit
Our Rating
4.8/5
Institution
Neo Financial
How You Earn Rewards
- 1% unlimited cash back on everything
- Up to 15% boosted cashback at thousands of partners across Canada - on top of base cashback rates
Annual Rewards Breakdown
Annual Rewards Summary
Point Redemptions
Redemption Method
Net Value (After Annual Fee)
Insurance & Benefits
Insurance
Coverage
Purchase Protection
Extended Warranty
Mastercard Zero Liability Protection
Benefits
Details
World Mastercard Benefits
Pros & Cons
Pros
- Instant approval and access
- Credit building tools
- Booster partner cashback
- No credit score requirements
Cons
- Basic insurance coverage
- Income requirements