The Neo Money Card tops the rankings for the best prepaid credit card in Canada. Earn up to 15% cash back on your first purchases at Neo partners (over 10,000 retail locations in Canada). Users earn an average of 5% unlimited cash back on their spending at participating stores, plus a minimum 0.50% cash back on all purchases.
This top-rated prepaid Mastercard includes a $20 welcome bonus when you fund your account with at least $50 and complete at least one purchase. You also earn 2.25% interest on your balance.