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Neo Financial · Mastercard · World Elite

Neo World Elite Mastercard

Strong cash back Cash BackRewards
3.3
★★★☆☆

Solid value

CardPick score · from real fees, rewards & perks
You'll finish your application securely on Neo Financial's own website.
Welcome value
est. first-year value
Annual fee
$125
per year
Purchase interest
N/A
on carried balances
Rewards type
cashback
on eligible spend
🛒
5% value on groceries
Your top earn category
🛡️
2 insurance coverages
Built-in protection

Rewards

Base earn rate1% cashback on everything else
Welcome bonusNone
Rewards typecashback

Fees & rates

Annual fee$125
Purchase interest rateN/A
Foreign transaction fee2.5% (typical)

Standout perks

✈️
Membership for lounge access
Instant virtual card - start spending before physical card arrives
Manage your card online - freeze card, check PIN, track spending
Add an additional cardholder
Auto-Pay - automatic payments
Free Neo membership - level up Neo products and unlock premium features
Balance protection - optional coverage to help cover payments during tough times
Thousands of cashback offers at over 10,000 partners across Canada

Everyday features

📱 Apple Pay & Google Pay
🔒 Zero-liability fraud protection
📶 Tap to pay
🛒 Purchase security

Insurance coverage

🛡️

purchase protection

Included — see issuer for details.

🛡️

travel medical

Included — see issuer for details.

Eligibility

Minimum personal income$15,000
Credit score guidanceGood (660+)
ResidencyCanadian resident