Do Newcomers need a credit card in Canada? 💳🇨🇦

Описание: Neo secured credit card: Get a $25 BONUS if you sign up for Neo's secured card using my affiliate link: https://api.fintelconnect.com/t/l/648...

Do you really need a credit card in Canada? What is the most important reason to consider getting a credit card as soon as you arrive here? Having a credit card and using it responsibly can be a great way to build strong credit which you'll later need when applying for a mortgage or other loans. But what if you don't have any Canadian credit history yet, or your income is insufficient to apply for a credit card? For that there's something called a 'secured credit card' for which the requirements are much lower. I'll explain everything in this video! #creditcard #personalfinance #livingincanada

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** DISCLAIMER **
I am not a lawyer, not an immigration agent, and not a financial advisor or tax consultant. I'm just sharing my experience and knowledge in the hopes it can be useful to you. Please always do your own due diligence and research before deciding to purchase or sign up for any financial product or service!