Neo Financial

Neo World Mastercard

Start with up to $100 Welcome Bonus.

Annual fee
$0
Reward type
Cash Back
Income required
$50,000

personal · or $80,000 household

Typical credit · 680+
Neo World Mastercard🚀 Fintech Cashback

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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Auto-Pay

Set up automatic payments to help avoid missed payment due dates.

Secured Credit Option

Option to secure the account with a refundable deposit to help build or strengthen credit history.

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

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