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:
- 1% cash back for every dollar spent on all eligible gas and grocery purchases.
Cardholders are also eligible to earn additional cash back via Cashback offers available at over 10,000 Neo 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 Everyday account, or used for merchandise on the Neo Store.
Fees & Eligibility
| Personal Income | $0 |
| Household Income | $0 |
| Annual Fee | $96 |
| 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 |
|
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None and $100 FlyerFunds Estimated value: $100 |
|
|
None and $100 FlyerFunds Estimated value: $100 |
|
 |
None and $60 FlyerFunds Estimated value: $60 |
|
 |
None and $50 FlyerFunds Estimated value: $50 |
|
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.