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 – Shop & Dine is for those who spend more on dining and retail. You earn 2% cash back on restaurant outings, takeout, and retail purchases, plus 0.5% on all your other purchases.
It carries a $9.99 monthly fee (Build membership required for the secured credit limit) and turns your everyday meals and purchases into cash back, with no points to manage. You also earn up to 15% boosted cash back at thousands of Neo partners across Canada, and the cash back accumulates in your Neo wallet, ready to be used at any time.
Please note: purchases on Amazon and at warehouse stores are not eligible for the retail rate.
Rewards
All Spending
0.5%
cash back on eligible purchases
Office
2%
cash back on eligible purchases
Online purchases
2%
cash back on eligible purchases
Restaurants
2%
cash back on eligible purchases
Credit Card Rewards Calculator
See how much you could earn with this card based on your spending.
Cashback earned
$204
$/yr
Estimated Value
$204
After Fees
+$84
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.
$109
incl. welcome bonus
Annual rewards breakdown
Groceries$8,400/yr × 0.50%$42
Gas$2,400/yr × 0.50%$12
Transit$1,200/yr × 0.50%$6
Restaurants$3,600/yr × 2.00%$72
Pharmacy$600/yr × 0.50%$3
Travel$1,800/yr × 0.50%$9
Bills & recurring payments$3,000/yr × 0.50%$15
Telecom$1,800/yr × 0.50%$9
Entertainment & streaming$1,200/yr × 0.50%$6
Office supplies$0/yr × 2.00%$0
All other spending$6,000/yr × 0.50%$30
Total annual spend$30,000
Monthly spend$2,500
Average earn rate on spend per year0.68%
Average earn rate on spend 1st year with welcome bonus0.76%
Total cashback on spend$204
Welcome bonus+$25
Total cashback earned$229
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.
- 2% cash back on restaurants, bars, and fast food (up to $500/month, then 0.5%)
- 2% on retail: clothing, footwear, electronics, home and garden, and more (up to $500/month, then 0.5%)
- 0.5% cash back everywhere else, with no cap
- 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.
