Note : Click to application page from GCR before filling application
Apply for a Neo World Elite® Mastercard
Neo World Elite® Mastercard to Your Comparison Table Your Comparison Table (need to be logged in) Full Comparison Summary
Get rewarded with real money instead of points.
FEATURES
5% cashback on groceries1
4% cashback on recurring bills1
3% cashback on gas1
1% cashback back on everything else1
Boost Your Cashback
Bank with a Neo Everyday account and boost your rewards up to 7% on groceries, 5% on recurring bills, and 4% on gas. The higher your balance is, the higher your cashback rate is.
Shop at over 10,000 network partners and earn an additional average of 5% cashback on top of your everyday cashback.2
Additional Card Benefits
Mastercard World Elite® Travel benefits2
Extended Warranty & Purchase Protection: Extends manufacturer’s warranty and provides protection for damaged or stolen items.3
Auto Rental Collision Loss Damage: Coverage for damages or theft in rental vehicles, providing additional financial protection for renters.3
Comprehensive Travel Insurance: Out of province or country emergency medical, delayed and lost baggage, flight delay, trip cancellation/interruption, and more!3
Refer to the Neo website for up-to-date terms and conditions.
Legal references and product terms are available on the Neo website.
The Neo Everyday account is provided by Peoples Bank of Canada.
Neo World Elite® Mastercard is 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.
Annual Card Fee:
$125
Credit Score:
710
Extra Card Fee:
N/A
Purchase Interest Rate:
19.99%
Minimum Personal Income:
$80,000
Balance Transfer Interest Rate:
N/A
Minimum Household Income:
$150,000
Cash Advance Interest Rate:
22.99%
Get rewarded with real money instead of points.
FEATURES
5% cashback on groceries1
4% cashback on recurring bills1
3% cashback on gas1
1% cashback back on everything else1
Boost Your Cashback
Bank with a Neo Everyday account and boost your rewards up to 7% on groceries, 5% on recurring bills, and 4% on gas. The higher your balance is, the higher your cashback rate is.
Shop at over 10,000 network partners and earn an additional average of 5% cashback on top of your everyday cashback.2
Additional Card Benefits
Mastercard World Elite® Travel benefits2
Extended Warranty & Purchase Protection: Extends manufacturer’s warranty and provides protection for damaged or stolen items.3
Auto Rental Collision Loss Damage: Coverage for damages or theft in rental vehicles, providing additional financial protection for renters.3
Comprehensive Travel Insurance: Out of province or country emergency medical, delayed and lost baggage, flight delay, trip cancellation/interruption, and more!3
Refer to the Neo website for up-to-date terms and conditions.
Legal references and product terms are available on the Neo website.
The Neo Everyday account is provided by Peoples Bank of Canada.
Neo World Elite® Mastercard is 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.
Part 1: Neo World Elite® Mastercard Cash Back Value per Canadian Dollar
All Redemptions: 1 Cash Back Dollar = $ 1 CAD. Cash back earned can be used as a statement credit, transferred to your Neo Everyday account, or spent directly through the Neo app.
Part 2: Neo World Elite® Mastercard Cash Back Value per 100 Canadian Dollars
All Redemptions: 100 Cash Back Dollars = $ 100 CAD
Part 3: Summary for Best Value
To maximize the value from the Neo World Elite® Mastercard:
Maintain a High Balance: To get the highest cash back rates, keep a significant balance in your Neo Everyday account. Higher balances can unlock increased cash back percentages.
Shop at Partner Merchants: Utilize Neo's extensive partner network where you can earn additional cash back on top of the base rates.
Use Neo's Premium Plan: For an annual fee, you can upgrade to the Premium Plan which offers even higher cash back rates on all purchases.
Maximize Travel Benefits: Take advantage of the card's travel insurance and benefits if you travel frequently, as these can add significant value beyond just cash back.
Part 4: Neo World Elite® Mastercard Cash Back Earned per $ 1000 Spending by Category
Groceries (with $ 10,000 in Neo Everyday Account): 70 Cash Back Dollars per $ 1,000 spent (7% cash back up to $ 1,000 monthly spend).
Recurring Bills (with $ 10,000 in Neo Everyday Account): 50 Cash Back Dollars per $ 1,000 spent (5% cash back up to $ 1,000 monthly spend).
Gas (with $ 10,000 in Neo Everyday Account): 40 Cash Back Dollars per $ 1,000 spent (4% cash back up to $ 1,000 monthly spend).
All Other Purchases: 10 Cash Back Dollars per $ 1,000 spent (1% cash back with no monthly cap).
Neo Partner Retailers: Can offer up to an average of 5% additional cash back on top of regular rates, varying by partner and promotion.
NOTE : The value conversions may not be up to date. Please calculate your own conversion to Canadian dollars to ensure accuracy.
★ PLEASE READ TO MAKE SURE YOU GET A CASH BACK REBATE:
* Cash back from GCR is ineligible if combined with a different bonus offer or promo code upon sign up with Neo
• Do not browse or leave application page before it is completed.
• Please click from GCR again if session expires.
• Must apply online.
• Cash Back Rebate is from GCR and will be posted to your GCR account upon card approval.
• Cash Back Rebate is valid for eligible new Neo customers only.
• One Cash Back Rebate per customer for the first Neo product applied for and approved.
• Cash Back not offered on repeat cardholders of the same card.
• No Cash Back on Neo Hudson’s Bay products.
• NOTE: You must notify GCR, within 4 months of application date, to report a missing rebate otherwise the rebate is void.
Rebate Currency Exchange :NONE
Get up to 5% cashback! Bank with a Neo Everyday account and boost your rewards up to 7%! Earn even more cashback at 10,000 network partners.
Get 25% Referral Bonus Get paid in cash 25% of all cash back rebates all your referrals collect
Great Canadian Rebates works in partnership with over 900 well known merchants. These outlets already offer great deals and savings, you save even more when you shop online as a member here. Once you register, you can save through Cash Back Rebates and even more using our coupons, deals, discounts and sales links.
CATEGORIES
