Neo World Mastercard®
3.5/5
Card Details
Card Details
Info
Card Type | Credit |
Reward Type | Cash Back |
Our Rating | 3.5/5 |
Institution | Neo Financial |
Fees & Rates
Annual Fee | $0 |
Additional Card Fee | $10 (max 1 additional cardholder) |
Interest Rates | Purchase: 19.99% - 29.99% (or 19.99% - 23.99% in Newfoundland and Quebec)□ Cash Advance: 22.99% - 31.99% Balance Transfer: 22.99% - 31.99% |
Eligibility
Credit Score Estimate | Good |
Annual Income | Personal: $50,000 Household: $80,000 |
Bonuses
Welcome Bonus | N/A |
Description | N/A |
Rewards
- 2% cash back on grocery purchases up to $1,000 spending per month (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 the 0.5-1% cash back tier after hitting spend cap
- 2% cash back on EV charging and gas purchases up to $1,000 spending per month (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 the 0.5-1% cash back tier after hitting spend cap
- 2% cash back on recurring purchases up to $500 spending per month (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 the 0.5-1% cash back tier after hitting spend cap
- 0.5% cash back on all other purchases up to $2,500 spending per month (1% cash back if you have $10k in a Neo everyday account)
- 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