Received offer from Neo MC thru Borrowell. They claimed i was pre-approved. I filled in the form and created an account, then they tell me i have to pay a fee of 7.99 a month and i have to put money on the card (like a prepaid mastercard) . So i refused. Now my credit will have a new inquiry and my credit score will go down because of them! They misled me into applying, and got my personal info, thinking it was a real credit card but its just a prepaid card with extremely high fees! Do not use Neo!
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Neo is a leading financial technology company that’s building a more rewarding financial experience — empowering more Canadians to take control of their future.
We’re reimagining spending, savings, investments, and mortgages with intuitive, accessible financial tools that help customers get more value out of every dollar they earn, save, and spend.
Recognized as Canada’s #1 Startup by LinkedIn for two years in a row, we work with local retailers, large enterprises, and financial institutions to transform the future of financial services.See more