Neo World Elite Mastercard

RWRDS Daily Update Dec 13: Neo World Elite Mastercard Review & More Rewards launching new credit cards

Here’s your RWRDS Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. No other resource in Canada provides you with so many ways to earn More Miles More Points More Rewards. Come be part of the RWRDS Canada community and make the most of your loyalty program and credit card rewards!

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Credit Card Review: Neo World Elite Mastercard

The next credit card to receive the RWRDS Canada review treatment is the Neo World Elite Mastercard. Find out what is good and not so good about this card that offers up to 7% cash back.

Neo World Elite Mastercard

 

“Neo Financial’s mission is to disrupt the Big 5 Banks with competitive banking and credit card products and I would say they have done just that with the Neo World Elite Mastercard. This card is better than any of the true cash back cards offered from the Big 5 Banks and ranks up there with the best cash back cards from the non-Big 5 Bank issuers.”

Click here to read the full review.

Check out all of our credit card reviews here.


More Rewards set to launch new Visa credit cards with RBC

 

More Rewards will be launching two new Visa Cards with RBC in the near future! They will have the More Rewards Visa and Visa Infinite and what is noteworthy is that both will be no fee cards! This appears to be one part of the previously announced partnership between More Rewards and Avion Rewards (read more here)

“Upon launch of this powerful partnership, Canadians shopping at participating Pattison Food Group locations, including Save-On-Foods, will receive unique and compelling savings on grocery and everyday purchases, value and wide-ranging benefits from both loyalty programs, Avion Rewards and More Rewards.”

I learned of these new cards on RFD this morning and a quick Google search revealed the insurance coverage and product summary for the cards – so we can say with 100% certainty these cards are happening!

What is interesting, based on the RFD post it looks like RBC and/or Visa may want to take on the few World and World Elite Mastercards that you can get with no fee. To the best of my knowledge this will be the first no annual fee Visa Infinite Card (correct me if I am wrong!)  But of course with no annual fees it won’t offer as many benefits – the insurance certificate for the Visa Infinite card shows it will only have purchase security, extended warranty and mobile device insurance. It will not have any travel insurance coverage – which is odd considering More Rewards Travel plays a big part in the program

There is no information yet about the earn rates but some of you may remember back in 2016 More Rewards launched a card with Scotia (Click here to reminisce about that card) and during it’s short lifespan it was the best No annual fee travel rewards credit card in Canada providing returns over 2.5%! Given this card is launching with RBC I have my reservations about it being as good of card as the last one but we’ll just have to wait and see!

Image via RBC

 


Point.me 4 Months Free Discount Code

Now through midnight ET on December 31st RWRDS Canada readers can enjoy the equivalent of four months free on the annual Standard plan (US$96 vs US$144)  for the Point.me award search tool. Use promo code HOLIDAY24. Click here to learn more

 


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Posts since our last update:

 


Canadian Bonus Offers

N/A

 


Other Bonus Offers

Emirates Skywards
– Receive up to a 25% bonus when you buy Emirates Skywards Miles. Offer valid to Dec 22, 24 More…

Singapore Airlines KrisFlyer
– Earn 3x KrisFlyer Miles when you book a minimum of 2 nights’ stay at Hard Rock Hotel Bali. Book now for stays until Jan 31, 25 More…

Wyndham Rewards
– Receive up to a 45% discount when you buy 3,000 or more Wyndham Rewards points. Offer valid until Dec 31, 24 More…

 


Deals:

Please check out our 2024 Holiday Deals page for all the latest deals!