Neo World Elite® Mastercard® Secured
4.4/5
$100
Neo World Elite® Mastercard® Secured
Cash Back Calculator
$100 Cash Rebate From FinlyWealth
Card Details
Card Details
Info
Card Type | Secured Credit |
Reward Type | Cash Back |
Our Rating | 4.4/5 |
Institution | Neo Financial |
Fees & Rates
Annual Fee | $125 |
Additional Card Fee | $49 (max 1 additional cardholder) |
Interest Rates | Purchase: 19.99% - 26.99%□ Cash Advance: 22.99% - 28.99%□ Balance Transfer: 22.99% - 28.99% □ Cash advance rate for Quebec residents is 22.99% - 24.99% |
Eligibility
Credit Score Estimate | Poor |
Annual Income | Personal: $80,000 Household: $150,000 |
Bonuses
Welcome Bonus | N/A |
Description | N/A |
Rewards
- 5% cash back on grocery purchases up to $1,000 spending per month (6% cash back if you have $5k in a Neo everyday account, or 7% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
- 4% cash back on recurring purchases up to $500 spending per month (4.5% cash back if you have $5k in a Neo everyday account, or 5% cash back with $10k in a Neo everyday account) - drops to 1% cash back after hitting spend cap
- 3% cash back on EV charging and gas purchases up to $1,000 spending per month (3.5% 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
- 1% cash back on all other purchases with no spending caps
- 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.
Rewards Breakdown
Rewards Summary
Point Redemptions
Redemption Method