Featured Secured Card: Neo Financial Rewards Mastercard

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• Rated: 4.5 out of 5
• Intro APR: N/A*
• Regular APR: 19.99% - 24.99% (V)*
• Annual Fee: $0*
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- LIMITED TIME: Sign up now and receive a $25 welcome offer!
- No annual fee
- Up to 15% welcome bonuses
- Unlimited up to 5% cash back at partners
- 1% guaranteed, unlimited cashback on everything else
- 3 rewards plans - 1 free, 2 paid
- Instant freeze/ unfreeze
- Mastercard Zero Fraud Liability

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Neo rewards Mastercard is one of the best cash back credit cards in Canada and offers over 5% reward on selected spendings. The card comes with no annual fee and instant online application. Read more...

Secured cards are credit cards created for consumers experiencing difficulties obtaining unsecure credit due to poor ratings. These cards provide credit reporting features allowing card members improve their credit rating over time. Accepted applicants are required to make a security deposit into an account held by the issuing bank. When moving onto another card, a member may retrieve his deposit provided the account is not severely delinquent in which case charges owed will be deducted. Guaranteed approval, a feature indicating quick acceptance for applicants who meet minimum requirements is common on these cards. Lowly qualification requirements serve to encourage interested persons especially those with a need to improve their ratings. Secured cards listed below are reserved for the Canadian market.