At $5 per month to have a secured credit card is the same fee that I pay for Capital One per year ($59). This is the reason I cancelled my Neo secured credit card. I used it almost every day, put all my reoccurring charges on it from my internet services on it and more.
I used to be with Koho and I left Koho because they started to charge me fees for making payments to USA companies and international companies - so for example, if my email service is based out of Sweden and I pay them monthly, that charge would have a fee attached to it. I came to Neo to get away from that.