Does the Neo Secured Mastercard Report to Equifax and TransUnion?

• Yes. Neo's secured credit page says "Every payment you make is reported to both TransUnion and Equifax" (checked November 4, 2026).
• The same page says you can start from as little as $50 for most cards, and the funds you set aside become your credit limit.
• The page shows no publication or updated date, only a 2026 copyright notice, so we cannot say when the reporting wording was written.
• It does not give a reporting day of the month. Check your own reports to see how it shows up.

Checked on the issuer’s own pages: November 4, 2026

Neo's secured page says: "Every payment you make is reported to both TransUnion and Equifax." It also says on-time payments are reported to Canada's major credit bureaus. Reporting to both matters because lenders do not all check the same bureau.

The page says you can start from as little as $50 for most cards. It describes the security funds you set aside as becoming your credit limit, and says they are refundable.

The Neo Mastercard has no minimum income requirement on that page. Higher tier Neo cards do, so check the tier before you apply.

It does not give a publication or last-updated date. It does not say which day of the month Neo reports. It does not say which bureau Neo checks when you apply. We cannot tell you any of these.

For fees, see our Neo secured card changes page, which covers the monthly secured card fee and the Build membership.

After two or three statements, get your free report from both Equifax and TransUnion and look for the Neo account. Our free credit report guide shows how. If it is missing from one bureau, ask Neo directly. Compare all the cards in our two bureau secured card guide.