Neo Financial is now offering a variety of bundles that you can add to their Neo Card. These bundles allow cardholders to customize extra rewards and benefits over and above the base offering found on their Mastercard. Cardholders can choose any combination of the bundles to add to their card, it can be one, two or all of them or none if you are happy with your Neo card as is!
Earn a $25 bonus when you apply for the Neo Card here.
The new bundles are as follows:
Travel
The Travel Bundle provides the following for $4.99 per month:
- 2% cashback on all foreign transactions
The card charges a 2.5% foreign transaction fee so you’ll cut that down to roughly 0.5% - Priority Pass airport lounge access at over 1,300 locations worldwide.
It provides standard membership which covers the US$79 – $99 annual fee. Entry fees of US$32 per guest per lounge visit - 1.5x cashback boost at all airline, hotel, and car rental travel partners
Cash back earned with Neo travel partners will be boosted - Comprehensive travel insurance coverage² from Chubb including emergency travel medical, trip cancellation, car rental protection, flight delay, and more
What is interesting here is that if I recall correctly this is the first card in Canada to offer Priority Pass’ SmartDelay. SmartDelay provides free airport lounge access when registered flights are delayed by more than an hour.
Click here to learn more about the Travel Bundle
Everyday Essentials
The Everyday Essentials Bundle provides the following for $8.99 per month:
- 1.5x more cashback at grocery and wholesale stores like Costco and Walmart
- 1.5x more cashback at specialty food and liquor store partners
- 1.5x more cashback at gas station partners
- Exclusive offers at popular grocery stores and gas station chains like Husky, Chevron, and Irving Oil
- Essential life insurance protection to cover card balances, paired with 24/7 legal assistance
Click here to learn more about the Everyday Essentials Bundle
Premium Access
The Premium Access Bundle provides the following for $0.99 per month:
- Up to 20% cashback on first-time purchases.
- Exclusive monthly cashback bonus offers.
- Priority phone line with customer support
- Purchase protection with extended warranty
- Early feature access (coming soon)
Click here to learn more about the Premium Access Bundle
Food & Drink
The Food & Drink Bundle provides the following for $1.99 per month:
- 1.25x more cashback² at partner restaurants, cafes, and bars
- 1.25x more cashback² on food delivery
Mind & Body
The Mind & Body Bundle provides the following for $9.99 per month:
- 1.25x more cashback at gyms and fitness studios
- Hundreds of FitOn PRO workouts including unlimited access to premium music, personalized meal plans, and more
- Headspace Plus with hundreds of meditation and mindfulness exercises
Mobile & Personal Protection
The Mobile & Personal Protection Bundle provides the following for $9.99 per month:
- Protection for your mobile device against damage, breakdowns, and theft
- Dashlane Premium subscription for secure password management across devices
- $1 million in fraud, ransomware, and social engineering coverage, 24/7 support hotline and credit monitoring services
Wrapping it up
A forward thinking move on Neo’s part by allowing their credit card customers to customize what their cards provide. Overall I like the idea of it as it can be difficult to find a card that checks all the boxes for each individual. With these bundles you can pick and choose and hopefully check as many boxes off your list of rewards and benefits that you like your credit card to have.
That being said you’ll still want to compare the bundles you would choose against other cards that may offer a combination of those perks as well. For example, if you take the Travel Bundle and the Everyday Essentials bundle you will paying $13.98 a month or $167.76 annually. This is more than the $150 per year charged on the Scotiabank Passport Visa Infinite Card that offers similar earning categories, gives you lounge access with 6 free lounge visits and charges No Foreign Transaction fees while still awarding you 1 point per dollar on those transactions.
Earn a $25 bonus when you apply for the Neo Card here.
Once approved you can then go into the app and simply add the bundles you like!