Apply Neo Financial MasterCard

Neo Financial MasterCard is a company that provides credit card options at lower rates, and has a lot of people excited about their services. 

People are excited about the cards because of their lower rates and fees, which is loved by a lot of people. Additionally, they claim that they have an excellent customer service team, which rightfully so, since they provide a lot of people with the credit they need.

One of the great things about the card is that it offers a $0 annual fee. It is a card that also helps people earn rewards and get rewards when they purchase from a specific retailer. However, customer says that they offer low spending limit which is only up to $10,000. This limit is considered relatively low compared to others that offers high credit limit with cashback rewards too. 

Rates and Fees of Neo Financial MasterCard

Annual Fee: Lucky for you, you don’t have to pay any annual fees if you have a Neo Financial MasterCard. There are also no monthly fees or hidden fees in case you are frightened to pay associated fees to use the card for everyday purchases. 

Late Payment Penalty Fee: Neo Financial MasterCard doesn’t charge any late payment fees to cardholders who disremembered to pay their charges on time. 

Returned Payment Fee: Another benefit of Neo Financial MasterCard is they don’t charge any returned or dishonored payment fee. 

Foreign Transaction Fee: If you wish to make a transaction internationally, note that Neo Financial MasterCard charges a foreign transaction fee of 2.5% on the top of the amount of your purchase. 

Interest Rate: The interest rate offered by Neo Financial MasterCard is 19.99% to 24.99% for variable rate, while 24.99% for fixed or default APR for purchases. On the other hand, Neo Financial MasterCard has an APR of 22.99% to 26.99% for cash advances. 

Other fees: Neo Financial MasterCard has a promotional balance transfer or check fee of 2%, and a charge of $5 if you want a copy of your sales slip. 

Note: Neo Financial MasterCard doesn’t charge any over limit fees but charges a $10 if you want another authorized user on your account. 

Qualifying for Neo Financial MasterCard

Minimum Credit Score needed: The credit score you need to have in order to qualify for Neo Financial MasterCard is 600 and above – making it perfect to those people with average to good credit history. 

Annual Income requirements: Fortunately, Neo Financial MasterCard only basis for qualification is your credit score. They don’t have any annual income requirement so you can take your mind off of it.

How to apply for Neo Financial MasterCard?

If you want to apply for a Neo Financial MasterCard, the company has one of the easiest way possible for an application. Just go to their website, find the financial product that is Neo Financial MasterCard, fill out an application form that mostly says your personal info, and submit it. 

Neo Financial will get back to you and let you know if you have been qualified to acquire the card. They will also run a credit check upon your credit history which may affect your credit score. Assuming that you’ve been approved, don’t forget to check and review all the terms and conditions before signing the contract. Finally, wait for your Neo Financial MasterCard to be delivered. 

Final thoughts

Neo Financial MasterCard is a credit card that is designed for people who want to improve their credit. The credit card’s features include the ability to build a credit history, gain rewards and budgeting tools. One of the best features of the card is that it has a zero annual fees which makes it a great option for people who are looking for a low-fee card that is easy to pay off. If you don’t use a Neo Financial MasterCard often, you might not realize how much you are losing out on. This is where a rewards credit card can really help.