Top Pick
Featured
Sponsored
Cash Back
Travel Rewards
Premium / High-End
Neo World Elite Mastercard
Neo Financial
Get a $100 Welcome Bonus + First-Year Annual Fee Waived
Welcome Bonus:
Get a $100 welcome bonus. Plus, pay no annual fee for the first year—a $149 value. That’s up to $249 in direct first-year value before cashback. Conditions apply.
Exp: Oct 12, 2026
Secure RateBuddy connection · Application completed on Neo Financial’s site
Annual Fee
$0
$149 after first year
Purchase APR
19.99%
Cash Advance
22.99%
Bonus Value
$100
RateBuddy Verdict
The Good
- Earn 5% cash back on groceries, 4% on recurring payments and 3% on gas, plus 1% on other eligible purchases.
- Receive a $100 welcome bonus after spending $1,500 in the first three months, with the $149 annual fee waived for the first year—up to $249 in direct first-year value before cashback.
- Redeem cashback whenever you choose instead of waiting for an annual payout, with additional cashback opportunities available through participating Neo partners.
- Includes premium benefits such as purchase protection, extended warranty coverage and a membership for airport lounge access.
The Trade-offs
- The accelerated cashback rates are subject to monthly spending limits, so the value depends on how closely your spending matches the eligible categories and caps.
- After the first-year waiver, the regular $149 annual fee applies, making the card most suitable for customers who can earn enough cashback and use the benefits to offset the cost.
- World Elite eligibility requires at least $80,000 in personal annual income or $150,000 in household income, which may put the card out of reach for some applicants.
- Lounge membership does not necessarily mean complimentary lounge visits; applicable visit charges and program terms should be reviewed before travelling.
Rewards & Earnings
Groceries
5%
Dining
1%
Gas
3%
Travel
1%
Recurring Bills
4%
Base Rate
1%
Rewards Summary:
This card is available in multiple reward versions. Choose from Everywhere, Gas & Grocery, or Shop & Dine depending on where you spend most. Reward rates, caps, eligibility, and conditions may vary by selected version.
Welcome Bonus Details
Get a $100 welcome bonus. Plus, pay no annual fee for the first year—a $149 value. That’s up to $249 in direct first-year value before cashback. Conditions apply.
Estimated Value: $100
Expires: Oct 12, 2026
Features & Benefits
Everyday Cash Back
Airport Lounge Access
Travel Medical Insurance
First-Year Fee Waived
World Elite Mastercard Benefits
Car Rental Collision/Loss Damage Waiver
Trip Cancellation/Interruption Insurance
Extended Warranty Insurance
Purchase Security Insurance
Flight Delay Insurance
Baggage Delay/Loss Insurance
Hotel/Motel Burglary Insurance
Insurance Coverage
Insurance coverage is underwritten by Chubb Insurance Company of Canada. (Note: Travel insurances are unavailable for Quebec residents).
Rates, Fees & Eligibility
| Purchase APR | 19.99% |
|---|---|
| Cash Advance APR | 22.99% |
| Annual Fee | $149 |
| Supplementary Card Fee | $49 |
| Foreign Transaction Fee | 3% |
| Grace Period | 21 days |
| Income Required |
Personal: $80,000 Household: $150,000 |
| Recommended Credit Score | Very Good |
Cardholder Reviews
A detailed view of approved RateBuddy community feedback for this card.
Be the first to share a cardholder perspective.
Approved reviews build this card’s score and detailed ratings breakdown.
No approved reviews yet
No public user reviews yet. Share your experience to help others compare this card.
Reviews are moderated before publication. RateBuddy does not publish reviewer email addresses or sensitive financial information.
Filed Under
Cash Back
Travel Rewards
Premium / High-End
Rewards
Secure RateBuddy connection