Neo Cathay World Elite® Mastercard® Secured

Neo Cathay World Elite® Mastercard® Secured

4/5

Up to 40,000 Asia Miles (20,000 upon sign-up)

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Neo Cathay World Elite® Mastercard® Secured
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$100

Neo Cathay World Elite® Mastercard® Secured
Review

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$100 Cash Rebate From FinlyWealth

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Card Details

Interest Rates


Purchase: 19.99% - 26.99%*

Cash Advance: 22.99% - 28.99%*

Annual Fee


$180

Annual Income


Personal: $80,000

Household: $150,000

Credit Score Estimate


300
Poor
560
Fair
660
Good
725
Very Good
760
Excellent

Welcome Bonus


Get 20,000 Asia Miles upon sign-up, and an additional 20,000 Asia Miles after spending $5,000 within your first 90 days

Card & Reward Type


Card Type: Secured Credit

Reward Type: Points

Loyalty Program: Asia Miles

Our Rating


4/5

Institution


Neo Financial

Rewards


  • Earn 2x Asia Miles per $1 spent on Cathay Pacific flights and on purchases made in foreign currencies
  • Earn 1x Asia Miles per $1 spent in Canada
  • Earn an average of 5x the Asia Miles when you spend at thousands of Neo partners nationwide
  • Save up to 15% off on flights to Asia and beyond when you pay with your Cathay World Elite Mastercard and enter the discount code CXNEO15OFF (valid until Dec 31, 2025)

Insurance & Benefits


Insurance

Coverage

  • luggage insurance

    Car Rental Personal Effects

    $1,000/person, $2,000 combined
  • car accident

    Car Rental Accident

    $100K for Cardholder, $10K spouse and child
  • car insurance

    Car Rental Damage & Theft

    Yes, 48 days
  • hourglass timer

    Baggage Delay

    $1,000 after 4 hours
  • lost baggage

    Lost or Stolen Baggage

    $1,000
  • pause

    Trip Interruption

    $5,000
  • cancel airplane

    Trip Cancellation

    $5,000
  • travel accident medical

    Emergency Out of province Medical

    14 days
  • hourglass timer

    Flight Delay

    $500
  • burglar

    Hotel Burglary Insurance

    $1,000
  • purchase protection

    Purchase Protection

    90 days
  • extended warranty

    Extended Warranty

    1 year

Benefits

Details

  • alcohol cheers

    Airport Lounge - Dragon Pass

    Pass only. No Complimentary visits.
  • airport waiting room

    Priority Travel

    Online priority check-in and extra baggage redemption for Cathay Pacific, and Cathay Pacific Business class lounge redemption access
  • airport waiting room

    Priority Travel

    Airport Security Fast Track with and professional and punctual airport with Mastercard benefits
  • wifi signal

    Boingo Wi-Fi hotspot

  • discount

    Discount

    Save up to 15% off on flights to Asia and beyond when you pay with your Cathay World Elite Mastercard and enter the discount code CXNEO15OFF (valid until Dec 31, 2025)

Pros & Cons


Pros

  • Guaranteed Approval: The card is the same as regular but you’ll get guaranteed approval with a security deposit of at least $200 to open an account. No credit history required.
  • Generous Bonus: Earn up to 40,000 bonus Asia Miles.
  • Discount on flights: Up to 15% discount on flights to Asia and beyond with code CXNEO15OFF (valid until Dec 31, 2025).
  • High Earn Rates: Get an average of 5 miles, and up to 15 miles per $1 spent (first time purchases) at Neo retail partners.
  • Cathay Pacific Perks: Enjoy several exclusive benefits with Cathay Pacific.
  • Comprehensive Insurance: Comes with 12 types of insurance coverage.
  • Airport Lounge Access: Gain entry to airport lounges with a Mastercard Travel Pass membership.

Cons

  • High Income Requirement: Requires a minimum personal income of $80,000 or $150,000 household income.
  • Annual Fee: The card comes with a high annual fee of $180.
  • Limited Redemption: Asia Miles cannot be redeemed for flights within Canada.

The Cathay 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.


The Cathay World Elite® Mastercard is not available in Quebec.

Rewards Breakdown

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