Credit Based on Potential, Not Just History

Guaranteed approval¹

Instant, unlimited cashback

No annual fees²

We’re making headlines

Guaranteed approval¹

No hard credit checks

Flexible limits so you can increase your credit limit whenever you need

Virtual card available to use instantly

 Instant, unlimited cashback




Get up to 15% cashback³ on first-time 


Enjoy an average 5% cashback³ at thousands of partners

Cashback is yours to spend however you like

No annual fees²

Save up to $120⁴ per year, and earn cashback at 8,000+ partners with your Neo Card™

Real-time spend insights

Beat inflation.

Use the Neo app to track your spending habits, and gain valuable insights into your everyday purchases. 

How it works

Apply in less than 3 minutes

Set your credit limit by providing the same amount in your security funds, which you can increase whenever you like

Use your virtual Neo Card™ with secured credit immediately to start earning cashback

Set up Auto-Pay to never miss a payment

Here's why Canadians love Neo

1 million Canadians are already using Neo to better spend, save, and earn. 

Questions? We have answers.

No — there are no hard credit checks for the Neo secured credit card. Approval is guaranteed¹ and instant regardless of good, low, or no credit score.

Only $50 — because wealth should never (ever) be a condition for building credit.

No — both the Neo secured card and standard card have no monthly or annual fees².

Yes—but unlike other secured credit cards, the Neo secured card rewards you with cashback at thousands of places with no monthly or annual fees².

The Neo Card™ may help you build your credit³ while earning cashback rewards — all with no annual fee². Unlike traditional credit cards, we won’t check your credit history, and you’re guaranteed approval¹. You can use the Neo Card™ just like you would any other traditional credit card, anywhere Mastercard® is accepted.

Your credit limit is equal to the amount of security funds you’ve set aside. This means you choose your limit based on your comfort level. For example, if you set aside $500 as your security funds, your credit limit is $500. The minimum amount of security funds to get started is $50.

No, this is better. With a prepaid card, as you spend the funds, your balance decreases and the card must be reloaded. The Neo secured card is like any other credit card where you borrow money (your credit) and pay your monthly statement. Security funds don’t mean your card is paid off, they only act as payment guarantee. Plus, unlike with other cards, you're getting rewarded with cashback everywhere you shop that you can cash out anytime for anything — all for no annual or monthly fees.

Yes — your security funds will be returned to you if you decide to close your account and your balance has been paid off in full, or if you move from the secured Neo Card™ to the standard Neo Card™.

The Purchase Credit Rate on the Neo Card is 19.99%-26.99% and the Cash Advance Rate is 22.99%-28.99%.

The standard rate on purchases and cash advances is dependent on our assessment of your credit application, credit profile, and your province. See your Cardholder Disclosure at time of application for your specific rate.

The Neo Money™ account is provided by Concentra Bank, a CDIC member institution, and is eligible for CDIC deposit protection. Deposits held in Neo Money™ accounts are combined with eligible deposits held at Concentra Bank, for up to $100,000 of deposit protection, per category, per depositor. For more information about CDIC deposit insurance, please consult CDIC's website

Cards issued by ATB Financial pursuant to license by Mastercard International Inc. Mastercard® is a registered trademark and the circles design is a trademark of Mastercard International Inc.

All product and company names are trademarks™️ or registered®️ trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them. Any product names, logos, brands, and other trademarks or images featured or referred to within the Neo website are the property of their respective trademark holders.

By using this website, you accept our Terms and Conditions and Privacy Policy. © Neo Financial 2022

¹ Conditions apply.

² For Quebec: Monthly Statements; No monthly or annual fees; 21-day grace period; Minimum payment is the higher of $10.00 or 5.0% of total statement balance; Purchase rate (19.99%-25.24%) and cash advance rate (21.99%-25.24%).

³ Average based on current offers at select partners. Cashback varies per bundle, offer, and partner.

⁴ Based on research comparing annual and no-fee credit cards of Canadian banks, excluding promotional periods or waived fees. Research conducted by Neo Financial and based on data taken from public websites as at February 1, 2021.