1 Based on the maximum category spend per month on eligible purchases with the Premium plan. Cashback earn subject to monthly spend limit and varies by perk, offer, and partner. When monthly spend limit is reached, earn rate decreases for subsequent spending. Spend limit resets monthly. Minimum balance required to earn the highest rate. For more information, visit the Neo app.
2 Cashback earn subject to monthly spend limit. When monthly spend limit is reached, subsequent spending earns 1%. Spend limit resets monthly. For more information, visit the Neo app.
3 Recurring payments are payments made on a monthly or other regular basis automatically billed by the merchant to your credit card. Cashback earn on recurring payments subject to $500 monthly spend limit. When monthly spend limit is reached, earn rate for recurring payments decreases to 1% for Neo World Elite® Mastercard and 0.5% for Neo World Mastercard®. Spend limit resets monthly. Cashback not applicable to payments not considered recurring payments or to all merchants. Please check with your merchant for eligibility. Any refunds, rebates or similar credits will reduce or cancel the cashback earned on the original recurring payment. For more information, visit the Neo app.
4 Certain terms, conditions and exclusions apply. For more information, please refer to your benefits guide or contact Neo Financial™.
5 For Quebec: Purchase rate (19.99%-24.99%) and cash advance rate (22.99%-25.99%).
6 Based on research comparing and limited to: BMO, CIBC, KOHO, PC Financial, EQ, RBC, Scotiabank, Tangerine, TD Bank, Wealthsimple, and Simplii Financial app ratings in the App Store and Google Play. Research conducted by Neo Financial on December 12, 2023.
Additional card benefits3
Extended Warranty & Purchase Protection
Extends manufacturer’s warranty and provides protection for damaged or stolen items.
Canadians love our cashback.
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The best no annual-fee
credit card in Canada*
Neo World Mastercard®
Want to know if you are eligible?
World-class cashback on all the things that matter.2
2%
Groceries
2%
Recurring payments4
2%
Gas / EV charging
0.5%
Everything else
Plus, get bonus cashback that banks can’t match.
+5%
Earn an additional average of 5% back when shopping with our cashback partners, on top of the rates above.5
4.8 ★★★★★ from 40,000+ ratings on the App Store
Neo World Mastercard® at a glance.
Annual Fee | $0
Income Eligibility: $50,000 (Individual) or $80,000 (Household)
Mastercard Zero Liability6
Protection from unauthorized transactions and real-time security alerts to keep your account safe.
World-class cashback on all the things that matter.2
2%
Groceries
2%
Recurring payments3
2%
Gas / EV charging
0.5%
Everything else
Plus, get bonus cashback that banks can’t match.
Earn an additional average of 5% back when shopping with our cashback partners on top of the rates above.5
+5%5
4.8 ★★★★★ from 40,000+ ratings on the App Store
but don’t take our word for it...
Canada's #1 rated financial app9
Use our network and boost your earnings
Our cashback partner network extends to 10,000+ locations Canada-wide to unlock exclusive offers at all your favourites.
Canadians love our cashback.
but don’t take our word for it...
Canada's #1 rated financial app9
Get into a new world of cashback.
Get 2% back on groceries, gas, and recurring payments²
Neo World Mastercard® at a glance.
Annual Fee | $0
Income Eligibility | $50,000 (Individual) or $80,000 (Household)
Want to know if you are eligible?
Frequently Asked Questions
How do I know if I am eligible for the Neo World Mastercard?
Eligibility for this card requires a minimum annual income: personal: $50,000; or household: $80,000.
What is the credit limit?
The credit limit is up to $20,000 on approval. For a Secured Neo World Mastercard, a minimum deposit of $200 is required, with a maximum credit limit of $10,000.
Do I have to pay fees?
There is no annual fee for the Neo World Mastercard.
How do cashback rewards work?
You earn instant cashback on your purchases, with the opportunity to earn even more cashback with select partner brands. The cashback you earn is instantly available for you in your wallet, to use however and whenever you’d like.
If I already have a Neo Mastercard®, can I still get a Neo World Mastercard?
Yes – you can enjoy all the additional benefits of the Neo World Mastercard including boosted cashback, as long as it has been more than 12 months since you applied for your other Neo card.
Does Neo World Mastercard offer supplemental cards?
Currently, Neo World Mastercard does not offer supplemental cards. It is something we are working on!
What’s the purchase rate and APR?
The Purchase Credit Rate on the Neo World Mastercard® is 19.99% - 29.99%.
In Newfoundland and Quebec, the Purchase Credit Rate on the Neo World Mastercard® is 19.99% - 23.99%.
The cash advance interest rate is 22.99% - 31.99%⁴
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.
Earn unlimited, instant cashback and redeem any time
No annual fee