Top Pick
Featured
Sponsored
Cash Back
Low Interest
No Annual Fee
Neo Mastercard
Neo Financial
Guaranteed, instant approvals*. Access to virtual credit card immediately
Start today with the Neo Mastercard and get approved instantly. We’ll help you build your credit and borrow better. Canada’s first card designed to grow with you.
Ratebuddy Cash Rebate
$25 cash rebate
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Secure RateBuddy connection · Application completed on Neo Financial’s site
Annual Fee
$0
Purchase APR
19.99%
Cash Advance
22.99%
RateBuddy Verdict
The Good
- Extremely accessible with no annual fee and zero minimum income requirements.
- Ability to earn extra cash back via 10,000+ Neo partner locations coast to coast.
The Trade-offs
- The base earning rates (1% on gas and groceries) are quite low.
- If you need the secured version to rebuild credit, it requires a $7.99/month Build membership.
- Does not offer the premium travel or shopping insurances found on higher-tier cards.
Rewards & Earnings
Groceries
1%
Gas
1%
Base Rate
0%
Rewards Summary:
Earn up to 15% boosted cashback at thousands of partners across Canada.
Welcome Bonus Details
No welcome bonus details are currently listed for this card.
Features & Benefits
Good for building or rebuilding credit
No Annual Fee
Student Friendly
Newcomer Friendly
Everyday Cash Back
Insurance Coverage
Does not include premium credit card insurances.
Rates, Fees & Eligibility
| Purchase APR | 19.99% |
|---|---|
| Cash Advance APR | 22.99% |
| Annual Fee | $0 |
| Supplementary Card Fee | $10 |
| Foreign Transaction Fee | 3% |
| Grace Period | 21 days |
| Income Required | No specific requirement listed. |
| Recommended Credit Score | Fair |
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Filed Under
Cash Back
Low Interest
No Annual Fee
Student
Secured Cards
Newcomer / New to Canada
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