Recently I was walking through the mall and was convinced to sign up for a Neo banking card or app on my phone with the online wallet.

I was going through the app and gave me an option to add a Neo secured credit card

I don’t have a credit card myself and k was excited by the premise of being given one. However I had a few questions

1) does anyone have this Neo secured credit card?

2) If I’m understanding since it’s a secured credit card it doesn’t allow you to say spend 500$ and then pay part of it back each month like normal credit cards, it allows you to put money in the account spend what money is in it and build your credit score some without them having the risk of you not paying it back? Is this correct?

3)so it’s basically a debit card but with the ability to build your credit score?

Asking because I am in a tough way and really just need some money until my full time work starts up next month(5-6 weeks) And never got a credit card well I was doing well financially and consistent paycheques but now I don’t have the work history to get one as I’ve been under the table for a good part of the last few years, don’t have any savings left.

Was hoping This maybe one that would bypass and solve this issue but I guess not since from my understanding it’s secured credit?

Thanks in advance Apologies I’m not more educated on this