Offers
Welcome Bonus
Eligible new applicants for the Neo Secured Mastercard can receive a welcome bonus of up to $25 cash:
- Earn $25 upon credit card approval
FlyerFunds Rebate
Plus, if you apply for the Neo Secured Mastercard through Frugal Flyer and are approved, you can receive an additional $25 paid directly to you.
Earning Cash Back
The Neo Secured Mastercard earns cash back for all purchases made on the card:
- Up to 15% boosted cash back at thousands of partners across Canada.
Redeeming Cash Back
Cash back earned on the Neo Secured Mastercard is instantly deposited into a ‘Rewards Wallet’ which can then be redeemed towards a statement credit, transferred to your Neo Chequing Account, or used for merchandise on the Neo Store.
Fees & Eligibility
| Personal Income | $0 |
| Household Income | $0 |
| Annual Fee | $119.88 ($9.99/month) |
| Foreign Exchange Fee | 2.50% |
| Purchase Rate | 19.99% - 29.99% |
| Cash Advance Rate | 22.99% - 31.99% |
| Balance Transfer Rate | 22.99% - 31.99% |
Other Neo Credit Cards
| Credit Card | ||
|---|---|---|
 |
60,000 Asia Miles Estimated value: $960 |
|
 |
25,000 MileagePlus miles and $100 FlyerFunds Estimated value: $425 |
|
 |
$100 cash back and $60 FlyerFunds Estimated value: $160 Ends Oct 12, 2026 |
|
 |
None and $60 FlyerFunds Estimated value: $60 |
|
|
None and $60 FlyerFunds Estimated value: $60 |
|
False information on the annual fee. This card has a $5 annual fee.
Hi Alex,
It looks like you are correct, a $5 monthly fee was implemented in Sept 2024. We have updated the page to reflect that. Thanks.