The best no annual-fee credit card in Canada* 

¹ Cashback earn subject to monthly spend limit. After monthly spend limit is reached, subsequent purchases are not eligible for cashback. Spend limit resets monthly. For more information, visit the Neo app.

² This insurance coverage is underwritten by Chubb Insurance Company of Canada under a Group Policy issued to Neo Financial Technologies Inc. All coverage is subject to the terms, conditions, limitations and exclusions outlined in each Certificate of Insurance, and for Quebec residents, each Product Summary. Neo, its employees and representatives are not agents of Chubb, nor can they waive or change any terms of the insurance coverage. View the full list of insurance certificates here: https://www.neofinancial.com/legal/plans. 



³ Certain terms, conditions and exclusions apply. Contact your issuing financial institution for complete coverage terms and conditions.

⁴ For Quebec: Purchase rate (19.99%-23.99%) and cash advance rate (22.99%-24.99%).

* As awarded by Ottawa Life Magazine on October 16, 2024.



The Neo Everyday account is provided by Peoples Bank of Canada.

Neo World Elite^® Mastercard is issued by Neo Financial™ pursuant to licence by Mastercard International Incorporated.

Mastercard, World Elite, and the circles design are registered trademarks of Mastercard International Incorporated.

Canada's fastest growing company

awarded by the Globe and Mail

4.8 ★ ★ ★ ★ ★  on App Store

10,000+ partners coast to coast

4.7 ★ ★ ★ ★ ★  on Google Play

Experience the power of cashback

Automatically earn additional cashback when you spend at over 10,000 Neo partner locations. 

Neo World Mastercard^®
at a glance

Annual Fee

Income Eligibility: Individual | Household

Purchase Interest

$0

$50,000 | $80,000

19.99% - 29.99%⁴

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 $50 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.

EN / FR

EN / FR

2% cashback on grocery, gas, and recurring payments¹.


No annual fee 

Extended warranty and purchase protection 

NEO WORLD MASTERCARD®

Additional card benefits

Extended Warranty & Purchase Protection

Extends manufacturer’s warranty and provides protection for damaged or stolen items.² 

Valuable protection against unauthorized transactions.³ 

Mastercard^® Zero Liability

Instant access

Add your card to your digital wallet the moment you’re approved and get rewarded straight away.