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

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
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
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
Car Rental Personal Effects
$1,000/person, $2,000 combinedCar Rental Accident
$100K for Cardholder, $10K spouse and childCar Rental Damage & Theft
Yes, 48 daysBaggage Delay
$1,000 after 4 hoursLost or Stolen Baggage
$1,000Trip Interruption
$5,000Trip Cancellation
$5,000Emergency Out of province Medical
14 daysFlight Delay
$500Hotel Burglary Insurance
$1,000Purchase Protection
90 daysExtended Warranty
1 year
Benefits
Details
Airport Lounge - Dragon Pass
Pass only. No Complimentary visits.Priority Travel
Online priority check-in and extra baggage redemption for Cathay Pacific, and Cathay Pacific Business class lounge redemption accessPriority Travel
Airport Security Fast Track with and professional and punctual airport with Mastercard benefitsBoingo Wi-Fi hotspot
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.
Legal
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.