No annual-fee
instant credit card.
Credit limits up to $10,000
No annual fee
Cashback on gas & groceries
Instant access to virtual card
Apply online and start spending with your Neo Mastercard in minutes.
Apply online and start spending with your Neo Mastercard in minutes.
No annual-fee
instant credit card.
Your cards’ cashback rates are just the beginning.
1%
Groceries1
1%
Gas & EV charging1
Plus, earn an additional average of 5% cashback² when you shop at our partners.
We’ve got over 10,000+ partners across Canada with exclusive cashback offers. Explore our full network of partners in the Neo app.
Plus, earn an additional average of 5% cashback when you shop at our partners.²
We’ve got over 10,000+ partners across Canada with exclusive cashback offers. Explore our full network of partners in the Neo app.
Mastercard Zero Liability³
Protection from unauthorized transactions and real-time security alerts to keep your account safe.
Neo Mastercard benefits
No confusing points
Cash is cash. What you see is what you get.
Instant credit card
Apply online in minutes and access your virtual card instantly.
Instant cashback
Earn cashback in real-time and access it whenever you want.
Costco® Wholesale
Mastercard is the exclusive credit card accepted at Costco warehouses across Canada.
Freeze & unfree your card
Lost your card? Worried it may have been stolen? Freeze your card from the Neo App and unfreeze at any time.
Neo Mastercard at a glance.
Annual Fee* | $0
Purchase Rate⁴ | 19.99% - 29.99%
Cash Advance Rate⁴ | 22.99% - 31.99%
Frequently Asked Questions
How do I know if I am eligible for the Neo Mastercard?
Protection from unauthorized transactions and real-time security alerts to keep your account safe.
What is the maximum credit limit I can get?
The maximum credit limit is up to $10,000 on approval. For a Secured Neo Mastercard, a minimum deposit of $50 is required, with a maximum limit of $10,000.
Do I have to pay an annual fee?
Nope! There is no monthly or annual fee for the Neo Mastercard.
How do cashback rewards work?
You earn instant cashback on your purchases and the cashback you earn is available for you in your wallet right away, to use however and whenever you’d like.
Is there a minimum income requirement for the Neo Mastercard?
You earn instant cashback on your purchases and the cashback you earn is available for you in your wallet right away, to use however and whenever you’d like.
Does Neo offer supplemental cards?
Yes, you can invite a spouse, family member, or someone close to you to get an additional card, making it easier to earn rewards and manage your expenses.⁵
What’s the purchase rate and APR?
The Purchase Credit Rate on the Neo Mastercard is 19.99% - 29.99%.
The cash advance interest is 22.99% - 31.99%.
In Newfoundland and Quebec, the Purchase Credit Rate on the Neo Mastercard is 19.99% - 23.99%.
The standard rate on purchases and cash advances is dependent on our assessment of your credit application, credit profile, and your province. See your Cardholder Agreement and Disclosure Statement at time of application for your specific rate.
* For Quebec: Monthly statements; 21-day grace period; Minimum payment is the higher of $10 or 5% of total statement balance; Purchase rate is 19.99%-24.99% and cash advance rate is 22.99%-25.99%.
¹ Cashback earn subject to monthly spend limit. When monthly spend limit is reached, subsequent spending is not eligible for cashback. Spend limit resets monthly. For more information, visit the Neo app.
² Average based on current offers at select partners. Cashback may be limited and varies by perks, offer, and partner. See the Neo Rewards™ Policy for additional terms and conditions.
3 Certain terms, conditions and exclusions apply. Contact your issuing financial institution for complete coverage terms and conditions.
⁴ The Purchase Credit Rate on the Neo Mastercard is 19.99%-29.99% and the Cash Advance Rate is 22.99%-31.99%. The standard rate on purchases and cash advances is dependent on our assessment of your credit application, credit profile, and your province. See your Cardholder Disclosure at time of application for your specific rate.
⁵ The account owner is solely responsible for all charges made by the additional cardholder. The account owner may remove the additional cardholder at any time. The additional cardholder shares the account owner’s credit limit. Additional cardholders must be the age of majority in their province. All cashback earned by the additional card is automatically added to the account owner’s Rewards Wallet. Transactions made by the additional cardholder only impact the account owner’s credit history. Refer to the Cardholder Agreement and Rewards Policy for full terms and conditions.
The Neo Mastercard, Neo World Mastercard®, Neo World Elite® Mastercard and Neo Money™ card are issued by Neo Financial™ pursuant to license by Mastercard International Incorporated.
Mastercard, World Elite, and the circles design are registered trademarks of Mastercard International Incorporated.
EN / FR
NEO MASTERCARD
Neo Mastercard benefits
Mastercard Zero Liability³
Protection from unauthorized transactions and real-time security alerts to keep your account safe.
Instant cashback
Earn cashback in real-time and access it whenever you want.
No confusing points
Cash is cash. What you see is what you get.
Costco® Wholesale
Mastercard is the exclusive credit card accepted at Costco warehouses across Canada.
Instant credit card
Apply online in minutes and access your virtual card instantly.
Freeze & unfree your card
Lost your card? Worried it may have been stolen? Freeze your card from the Neo App and unfreeze at any time.
Annual Fee* | $0
Purchase Rate⁴ | 19.99% - 29.99%
Cash Advance Rate⁴ | 22.99% - 31.99%
Neo Mastercard at a glance.
