The only way to understand the true cost was to do it myself and crunch the numbers. I withdrew $100 from each credit card. Here’s how much it cost me, and how much it could have cost me.
The cheapest I found was $2000/month at the Cedar Springs Motel in Halton Hills. But that price is rare. It should be noted that this rate doesn't include housekeeping.
All four Neo Secured Card users I interviewed saw real improvement, ranging from a modest bump to a big jump.
I went into the experiment expecting little, but I came out with apps that help me actually follow credit over time. That’s the financial pulse check that every Canadian should do on a regular basis.
In the end, I was left with two creators who were willing to walk me through exactly what they earn and how they earn it.
I went looking for Canadians working multiple full time jobs at the same time and they agreed to talk to me.
If you’re earning less than $60,000, it may not be worth it to pay an annual fee for a credit card.
These accounts typically pay more interest than traditional banks, have unlimited transactions, and don’t charge monthly fees.
