Neo World Mastercard

Neo World Mastercard®

3.5/5

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Neo World Mastercard
FinlyWealth Logo

$50

Neo World Mastercard®

FinlyWealth Logo

$50 Cash Rebate From FinlyWealth

Apply Now

Rewards Calculator Algorithm

You can estimate your rewards by inputting your monthly or yearly spending habits.

Finly factors in all the reward limits and fine prints of every single credit card so you can be sure your results are as accurate as possible.


Your Spending

Modify your spending numbers and click update to get the most accurate reward estimates.

$2,000

Restaurant, Fast Food & Coffee Shop

$

Grocery

$

Recurring Purchases (Bills, Subscriptions, Rent via Chexy)

$

Gas

$

Transportation

$

Entertainment (Movies, Concerts, etc.)

$

Foreign Purchases (Non $CAD)

$

Travel (Flights, Hotels, etc.)

$

Pharmacy

$

Online Shopping

$

Home Improvement (Renovation, Furniture)

$

Purchases at Canadian Tire, Sport Check, Lquipeur, Atmosphere, Party City, SportsRousseau, HockeyExperts, LentrepduHockey

$

Other Purchases Not Specified

$


25% Referral Cash Bonus

Share your unique referral link to the Neo World Mastercard® and earn a 25% rebate bonus. Learn more about the Finly referral program.

Card Details

Based on $2,000 spending

First Year Value

$402.43

$352.43 in years after

Annual Rewards

$352.43

First Year Bonus

$0

Finly Rebate

$50

Annual Fee

$0

First Year Value

$402.43

Interest Rates

Cash Advance: 22.99% - 28.99%

Purchase: 19.99% - 26.99% (or 19.99% - 23.99% in Newfoundland and Quebec)

Annual Fee

$0

Annual Income

Personal: N/A

Household: N/A

Credit Score

Good

Welcome Bonus

N/A

Card Type

Cash Back

Our Rating

3.5/5

Institution

Neo Financial

Rewards


  • 2% cash back on grocery purchases up to $12,000 spending per year (3% cash back if you have $5k in a Neo everyday account, or 4% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
  • 2% cash back on recurring purchases up to $6,000 spending per year (3% cash back if you have $5k in a Neo everyday account, or 4% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
  • 2% cash back on gas purchases up to $12,000 spending per year (3% cash back if you have $5k in a Neo everyday account, or 4% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
  • 0.5% cash back on all other purchases up to $30,000 spending per year
  • 5% average cash back at Neo Partners
Note: our reward calculations use the base cash back rates assuming you do not hold any money in a Neo everyday account to earn the higher tier (boosted) cash back rates, otherwise the reward estimates may be higher.
In addition, the extra cash back rate from transactions made at Neo partners has been estimated to boost your overall rate by 0.7% in the calculator.

Neo World Mastercard® Cash Back Calculator

Based on $2,000 spending


Rewards Breakdown

Groceries

$87.72


Recurring Transactions

$33.6


Gas

$39.74


others

$191.36


All other purchases

$0


Net Annual Rewards

$352.43

Rewards Summary

Net Annual Rewards

$352.43


First Year Card Bonus

$0


First Year Card Value

$352.43


Finly Rebate

$50

Insurance & Benefits


Insurance

Coverage

  • purchase protection

    Purchase Protection

    90 days
  • extended warranty

    Extended Warranty

    1 year

Pros & Cons


Pros

  • High cash back rate of 4% on grocery spending but only if you keep at least 10k in a Neo every day account
  • Additional cash back earning at over 10,000 Neo partners

Cons

  • Basic insurance coverage
  • Cash back spend caps can limit your rewards

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