Welcome bonus
New cardmembers can earn up to $100 Welcome Bonus by completing the steps below.
How to earn it
- $25 cashbackMake your first purchase within 3 months of account approval
- $75 cashbackSpend at least $5,000 within the first 3 months of account approval
Available to new Neo World Mastercard cardholders. Terms and conditions apply.
How you earn
- 2% cashback on groceries
- 2% cashback on gas purchases
- 2% cashback on recurring bill payments
- 0.5% cashback on all other purchases
- Earn boosted cashback offers at over 10,000 Neo partner merchants across Canada
Built-in perks & coverage
Purchase Protection Insurance
Coverage against theft or accidental damage on eligible purchases, plus extended warranty protection.
Extended Warranty
Extends the manufacturer's original warranty on eligible purchases made with the card.
Mastercard Zero Liability
Protection against unauthorized transactions made with your card.
Instant Virtual Card
Start using your card immediately for eligible purchases before the physical card arrives.
Card Management Tools
Freeze or unfreeze your card, view your PIN, monitor spending, and manage your account through the Neo app.
Additional Cardholders
Add an additional cardholder at no extra cost to share access with a trusted family member or partner.
Real-Time Alerts
Receive instant notifications whenever your card is used.
Advanced Fraud Monitoring
AI-powered fraud monitoring helps detect unusual account activity while protecting your personal information.
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The verdict
What we like
- No annual fee
- High cashback on everyday essentials
- Additional cardholders at no cost
Worth noting
- Low 0.5% base earn rate
- Requires $50,000 personal or $80,000 household income
- Limited travel benefits and insurance coverage
Issuer terms apply. ClearFin is not affiliated with this provider. How we make money.