Calgary’s Neo Financial has introduced Neo Secured Credit; a card designed to help Canadians build credit with guaranteed approval.
The new card caters to those who have difficulty obtaining credit, seek to improve their credit score, or prefer to spend within their means.
Cardholders can now set their own credit limit and start building credit history with a secured card that earns instant cashback. Plus, purchases made with the card earn an average of 5% cashback at over 10,000 rewards partners with the option to add additional perks on the card at any time.
Recognizing that Canadians shouldn’t have to pay to build credit history, this card offers customers the ability to build credit. Opening an account is hassle-free and can be done in just a few minutes, requiring no hard credit check (except in Quebec where a check is required).
“Neo Secured Credit sets itself apart from other secured credit cards by unlocking premium features and rewards for all Canadians, regardless of their credit history,” said Andrew Chau, Co-founder and CEO of Neo Financial.
“We’re thrilled to continue to help Canadians build credit history and meet their diverse financial needs in our commitment to build a better financial future.”