Neo Secured World Card - Gas Grocery
- Annual fee
- $120
- Welcome offerGet a $25 account credit as a new Neo customer when you apply through our link and meet the offer’s spend requirement. Offer valid until December 31, 2026. Conditions apply.
- $25
Annual Fee
$120
Our valuationFirst-year valueWelcome bonus$25Total$25Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
$25
Welcome offerGet a $25 account credit as a new Neo customer when you apply through our link and meet the offer’s spend requirement. Offer valid until December 31, 2026. Conditions apply.
$25 CAD account credit
Offer ends Dec 31, 2026
Pros & Cons
Pros
- Welcome Bonus: $25
- Purchase protection included
Cons
- Annual fee ($120/yr)
- Foreign Transaction Fee (2.5%)
- No airport lounge access despite fee
Our Review
Welcome offer: Get a $25 account credit as a new Neo customer when you apply through our link and meet the offer’s spend requirement. Offer valid until December 31, 2026. Conditions apply.
Secured credit card: this card requires a security deposit and is designed for people building or rebuilding their credit history, including newcomers to Canada. Your credit limit matches the deposit you provide.
The Neo Secured World Mastercard® – Everywhere is designed for those who want simple and consistent cash back, without tracking categories. One single rate, 1% on every purchase, with no cap.
It carries a $9.99 monthly fee (Build membership required for the secured credit limit) and is still a « set it and forget it » card: no optimization required, no categories to activate. You also earn up to 15% boosted cash back at thousands of Neo partners across Canada, deposited directly into your Neo wallet.
As a secured card, it’s a hassle-free option to earn rewards on every expense while you build your credit.
Rewards
All Spending
1%
cash back on eligible purchases
Credit Card Rewards Calculator
See how much you could earn with this card based on your spending.
Cashback earned
$300
$/yr
Estimated Value
$300
After Fees
+$180
1st Year ValueThese figures are estimates from our own calculator, based on our point valuations and the spending you enter. They are not the card issuer's valuation and have not been provided or endorsed by the issuer. Actual rewards may vary.
$205
incl. welcome bonus
Annual rewards breakdown
Groceries$8,400/yr × 1.00%$84
Gas$2,400/yr × 1.00%$24
Transit$1,200/yr × 1.00%$12
Restaurants$3,600/yr × 1.00%$36
Pharmacy$600/yr × 1.00%$6
Travel$1,800/yr × 1.00%$18
Bills & recurring payments$3,000/yr × 1.00%$30
Telecom$1,800/yr × 1.00%$18
Entertainment & streaming$1,200/yr × 1.00%$12
All other spending$6,000/yr × 1.00%$60
Total annual spend$30,000
Monthly spend$2,500
Average earn rate on spend per year1.00%
Average earn rate on spend 1st year with welcome bonus1.08%
Total cashback on spend$300
Welcome bonus+$25
Total cashback earned$325
Purchase Protection
Purchase Protection
Up to $1,000 / 90 days
Extended Warranty
+1 year(s)
Fees and interest rates
- Annual Fee$120
- Additional card fee$0
- Foreign currency conversion fee2.5%
- Purchase Rate19.99%
- Balance transfer rate22.99%
- Cash advance rate22.99%
Terms & Conditions
Welcome offer: Get a $25 account credit as a new Neo customer when you apply through our link and meet the offer’s spend requirement. Offer valid until December 31, 2026. Conditions apply.
- 1% cash back on all purchases, with no cap or categories to manage
- Up to 15% boosted cash back at thousands of Neo partners across Canada, on top of base cash back rates
- $9.99 monthly fee (Build membership required for the secured credit limit)
- Secured option to build credit history (same cash back rates)
Legal
Conditions Apply. See the application for complete details.
Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. TravelPointsPro may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 Neo Financial. All trademarks are property of their respective owners.
