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Neo Financial

Neo Mastercard

Full earn rates, fees and benefits for the Neo Mastercard.

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Annual fee
$0
Reward type
Cash Back
Typical credit · 300+
Neo Mastercard🚀 No-Fee Fintech

How you earn

  • 1% cashback on gas purchases
  • 1% cashback on grocery purchases
  • Cashback offers at over 10,000 Neo partner merchants across Canada
  • Earn cashback on eligible purchases through partner offers
  • Additional cashback opportunities through Neo partner network promotions

Built-in perks & coverage

Instant Virtual Card

Start using your card immediately for eligible purchases before the physical card arrives.

Credit Building Option

Available with a secured credit limit option to help build or rebuild credit history.

Mastercard Zero Liability

Protection against unauthorized transactions made with your card.

Real-Time Alerts

Receive instant notifications whenever your card is used.

Advanced Fraud Monitoring

AI-powered monitoring helps detect unusual activity while protecting your personal information.

Card Management Tools

Freeze your card, view your PIN, track spending, and manage your account through the Neo app.

Additional Cardholder

Add an additional cardholder at no extra cost.

Auto-Pay

Set up automatic payments to help avoid missed payments.

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Purchase Protection

Coverage for eligible purchases against theft, loss, or accidental damage, including extended warranty benefits.

The verdict

What we like

  • No minimum income requirement
  • Available with secured credit option
  • No annual fee

Worth noting

  • Low cashback earning rates
  • Requires paid Build membership for credit-building features
  • Limited insurance and travel benefits

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