^*As awarded by Made in CA on October 25, 2024.

¹ Based on the maximum monthly category spend and spending $500 per month at Neo partners with an assumed cashback rate of 5%. Cashback may be subject to limits and varies by perk, offer, and partner. Terms and conditions apply. 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 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. Travel insurances unavailable for Quebec residents. The cost will be charged to the eligible Neo card that you signed up for the Neo Perks with. 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

⁴Recurring 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.. 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.

⁵ Cashback may be limited and varies by perks, offer, and partner. See the Neo Rewards™ Policy for additional terms and conditions.

⁶Certain terms, conditions and exclusions apply. For more information, please refer to your benefits guide or contact Neo Financial™.

⁷ Certain terms, conditions and exclusions apply. For full details, please visit: https://mastercardtravelpass.dragonpass.com/terms-and-conditions.

⁸ For Quebec: Purchase rate (19.99%-24.99%) and cash advance rate (22.99%-25.99%).

⁹ 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.

The Neo Mastercard, Neo World Mastercard®, Neo World Elite® Mastercard and Neo Money™ card are 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.

Additional card benefits⁴

Extended Warranty & Purchase Protection

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

Canadians love our cashback.

Frequently Asked Questions

How do I know if I am eligible for the Neo World Elite® Mastercard?

Eligibility for this card requires a minimum annual income: personal: $80,000; or household: $150,000.

What is the credit limit?

The credit limit is up to $30,000 on approval. For a Secured Neo World Elite® Mastercard, a minimum deposit of $200 is required, with a maximum credit limit of $10,000.

Do I have to pay fees?

There is an annual fee of $125 for the Neo World Elite^® 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 Elite® Mastercard?

Yes – you can enjoy all the additional benefits of the Neo World Elite® Mastercard including boosted cashback at your favorite brands by applying for this card directly in the Neo app.

Does Neo World Elite® offer supplemental cards?

Currently, Neo World Elite® Mastercard does not offer supplemental cards. It is something we are working on!

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The best cashback card in Canada*

Neo World Elite^® Mastercard

What’s the purchase rate and APR?

The Purchase Credit Rate on the Neo World Elite® Mastercard is 19.99% - 29.99%.

The cash advance interest is 22.99% - 28.99%5

In Newfoundland and Quebec, the Purchase Credit Rate on the Neo World Elite® Mastercard is 19.99% - 23.99%.

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.

Get 5% back on groceries²

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