Earn up to $680/yr in cashback1
Up to 4% cashback on gas and grocery2
Plus, offers up to 15% cashback on Canada's largest partner network3
Legal Disclaimers
1 Eligible cashback spend cap for all other purchases is $1,666 per month. After monthly spend caps are reached, subsequent purchases earn 0% cashback. Caps are resent monthly. Maximum cashback percentages listed are with a balance of $10,000 in your Neo Everyday account.
2 Cashback earn subject to monthly maximum spend threshold. Cashback may be limited and varies by perks, offer, and partner. Minimum balance is required to earn the highest rate. For more information, visit the Neo app.
3 Cashback may be limited and varies by perks, offer, and partner. Cashback, perks, insights, and other offers and rewards are operated by Neo.
4 Average based on current offers at select partners. Cashback may be limited and varies by perks, offer, and partner. Cashback, perks, insights, and other offers and rewards are operated by Neo.
5 For Quebec: Monthly Statements; No monthly or annual fees; 21-day grace period; Minimum payment is the higher of $10.00 or 5.0% of total statement balance; Purchase rate (19.99%-24.99%) and cash advance rate (22.99%-25.99%).
6 For Quebec: Purchase rate (19.99%-24.99%) and cash advance rate (22.99%-25.99%).
7 Limited-time offer. This offer is only valid for new Neo customers who qualify for an eligible Neo product. Offer cannot be combined with other promotional codes, limit of one per customer. Customer will be charged monthly subscription fee after 30 day free trial. Customer has 90 days to complete the card application process. Offer is subject to the Neo Rewards Policy and may be amended or cancelled at any time without notice. Third party terms and conditions may apply.
*As awarded by Hardbacon on October 26, 2023.
The Neo Everyday account is provided by Peoples Bank of Canada.
Secured Neo Mastercard is 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.
Who can get a Neo Credit card?
Got questions?
We've got answers.
Up to 1% everywhere else2
Earning the trust of Canadians every day
Get set up in minutes
Get the Neo Mastercard
Spend wisely with the credit card that gives more back to you.
You need to live in Canada, have a Canadian photo ID, and be the age of majority in your province to apply for the Neo Credit card.
What is the cashback amount and how do rewards work?
Our cashback amounts are tied to your Everyday balance. For example, earn 2% on gas and groceries, with an additional 0.5% on all other spend when you have $3,000 in your Everyday account. Use the calculator above to see how your Everyday balance impacts your cashback rates.
Do I have to pay fees?
There are no monthly fees for the Neo Mastercard.
The Secured Neo Mastercard has a monthly fee of $5.
How can I redeem my cashback rewards?
You can redeem cashback rewards in a few ways. You can reduce the balance in your credit account, add the cashback to your Neo Everyday account, or redeem it for merchandise at the Neo Store.
How do I track my cashback rewards?
You can track your cashback rewards in your Rewards Wallet.
Do all purchases qualify for cashback rewards?
You can earn cashback on the vast majority of your purchases online and in-store, but purchases such as gambling or cryptocurrency will be declined and won’t earn cashback.
Can I have more than one cashback credit card?
Yes, you can have more than one cashback credit card with Neo. You can apply for multiple Neo Credit cards to access different rewards programs.
What is the Purchase Credit Rate / APR?
The Purchase Credit Rate on the Neo Mastercard is 19.99%-29.99% and the Cash Advance Rate is 22.99%-31.99%. For Quebec, the Purchase Credit Rate is 19.99%-24.99% and the Cash Advance Rate is 22.99%-25.99%. 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.
NEO MASTERCARD
1.3M+
Customers
4.8
On the App Store®
$31.4M
Cashback awarded to date
4.7
On the Google Play Store®
Awards/Accolades
The World's Top 250 Fintech Companies 2024
Canada's Top Startup 2023
Step 1
Step 2
Step 3
Open a free Neo Everyday account instantly.
Top up your Everyday account balance and earn increased cashback.
Earn even more on Canada’s largest cashback network
Pay with Neo at over 10,000 partners. Earn an additional average of 5% cashback4
Neo Mastercard at a glance
Annual Fee
None5
Purchase Interest
19.99% - 29.99%6
Cash Advance Interest
22.99% - 31.99%6
Do more. Get more.
The more money you have in your Neo Everyday Account, the higher your cashback rates.2 See for yourself below.
Neo Mastercard
Gas
Groceries
Everything else
1%
1%
0%
1.5%
0.5%
1.5%
2%
0.5%
2%
3%
1%
3%
4%
1%
4%
The cashback advantage
Instant. Earn it in real-time, instead of monthly.
Retains value. Points are often devalued. Cash is cash.
Ultimate flexibility. Save or spend it on anything you want.
Simple and transparent. No windows, portals, or branches. Just pay with cash.
What credit limits are available?
You can get up to a $10,000 credit limit if you’re approved for it. Credit limits are flexible and start as low as $500, subject to approval.
