Secured credit cards, including the Neo Secured Credit Card, cater to individuals who are looking to build or improve their credit history. These cards require a security deposit that sets the credit limit, providing an opportunity to establish a positive credit record. They report to credit bureaus, helping users develop a strong credit profile over time. Many secured cards also offer additional perks like cashback rewards and various benefits based on the chosen plan.

Additionally, credit cards for special circumstances, like the Fidem Mastercard, are designed for individuals currently in or recently discharged from a Consumer Proposal. These cards focus on practical features to manage and rebuild credit effectively, with minimal fees and useful benefits like account alerts and regular credit reporting.

Overall, these credit cards are crafted to address a range of financial needs, from earning rewards and building credit to managing specific financial situations.