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4.6
/5
Neo Financial
Mastercard
Neo World Elite® Mastercard – Shop & DineCash Back Calculator
Finly Special Offer
$0 First-Year Annual Fee and $100 Welcome Bonus
Our Take
This card offers some of the highest cash back rates in Canada on dining, takeout, and retail shopping. Cardholders can also boost these earn categories and more when shopping at over 10,000 Neo Partners. These reward opportunities are accompanied by comprehensive travel insurance and benefits, making it a well-balanced premium contender.
Exclusive · From FinlyWealth$100 rebate
Card Details
Interest Rates
Purchase: 19.99% - 26.99%□
Cash Advance: 22.99% - 28.99%
Balance Transfer: 22.99% - 31.99%
□ Purchase rate for Quebec residents is 19.99% - 23.99%
Annual Fees
Main Card: $149
$0
$0 first year
Additional Cards: $49 (max 1 additional cardholder)
Finly Special Offer
Welcome Bonus
- $0 First-Year Annual Fee: $149 fee waived for year one.
- $100 Welcome Bonus: Earned after spending $1,500 in the first 3 months.
- This offer is only valid for the standard (unsecured) cards that are approved.
Annual Income
Personal: $80,000
Household: $150,000
Credit Score Estimate
300Poor
560⁎Fair
660⁎Good
725⁎Very Good
760⁎Excellent
Card Type
Credit
Our Rating
4.6/5
Institution
Neo Financial
How You Earn Rewards
Earn 5% every time you dine out or order in, and 3% on retail shopping — the card built for how you actually enjoy spending.
Expect:
- 5% cash back on food & drink up to $1000 spending per month
- 3% cash back on shopping up to $1000 spending per month
- 1% cash back on everything else
- Up to 15% cash back at over 10,000 Neo Partners
Eligible Cash Back Categories Explained:
- Food & drink: Fast food, restaurants, bars, cocktail lounges, nightclubs, caterers
- Shopping: Apparel, footwear, electronics, hardware, home & garden, sporting goods, cosmetics, pets, jewellery, and more
- Amazon and wholesale purchases are not eligible for the shopping cashback rate
Annual Rewards Breakdown
Annual Rewards Summary
Point Redemptions
Redemption Method
Net Value (After Annual Fee)
Insurance & Benefits
12 insurance
2 benefits
Insurance
Coverage
Travel Medical Insurance (64 & under)
Up to $1,000,000
Trip Cancellation
$1,000
Trip Interruption
$1,000
Flight Delay
$500
Baggage Delay
$1,000
Hotel Burglary Insurance
$1,000
Car Rental Accident
$100,000 for cardholder, up to $10,000 per Spouse or Dependent Child
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Car Rental Damage & Theft
Yes
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Car Rental Personal Effects
$1,000
Purchase Protection
90 days
Extended Warranty
1 year
Lost or Stolen Baggage
$1,000
Benefits
Details
Airport Lounge - Dragon Pass
Pass only - pay $32 USD per visit
No Foreign Transaction Fees1
You can get all FX fees rebated up to $10K spending per month with a Neo Grow membership ($12.99/month cost or $0 with $20K across your Neo accounts)
Pros & Cons
Pros
- High cashback rates
- Premium insurance coverage
- Airport lounge membership
- Boosted partner cashback
- Instant approval and access
Cons
- High income requirements
- Annual fee
Welcome Bonus History
Welcome offers move. Here is every offer we have recorded on this card — what it paid, and what you had to spend to get it — so you can see whether the one running today is actually a good one.
Current offer
$249
Best we've tracked
$0 vs previous
Best ever trackedAug 2026
$249
Offers tracked
2
since Aug 10, 2026Legal
1Foreign transaction fees are automatically rebated for Grow members and limited to the first CAD$10,000 in foreign spend each month. A 2.75% foreign transaction fee (2.5% on Neo Money™ cards) is applied at the time of purchase and automatically returned to your account once the transaction moves from pending to posted. Neo Money™ Card rebates are processed monthly, at the end of the month, and returned via your Neo Chequing or Neo Everyday account.