Cash Back
No Annual Fee
Secured Cards
Neo World Mastercard
Neo Financial
Annual Fee
$0
Purchase APR
19.99%
Cash Adv. APR
22.99%
RateBuddy Verdict
The Good
- A robust $0 annual fee option that provides 2% cash back across groceries, gas, and recurring bills.
- Get instant access to your digital card within minutes of approval.
The Trade-offs
- Requires a $50,000 personal income to qualify.
- Cash back rates drop significantly once monthly category spending caps are hit.
Rewards & Earnings
Groceries 2.00%
Dining & Takeout 0.50%
Gas & Transit 2.00%
Travel 0.50%
Base Rate 0.50%
Rewards Summary: Earn 2% cash back on Groceries, Recurring Payments, and Gas/EV Charging, and 0.5% on everything else (subject to monthly spend caps).
- Grocery, Gas/EV Charging: 2% Cash Back
- Recurring Payments: 2% Cash Back (drops to 0.5% after $500 monthly spend limit)
- Everything Else: 0.5% Cash Back
- Neo Partners: Average cash back varies based on current offers at 10,000+ partners coast to coast.
Welcome Bonus Details
Features & Benefits
No Annual Fee
No annual fee for life
Airport Lounge Access
DragonPass Lounge Access included
Bad Credit & Rebuilding
Available as a secured card for credit rebuilding
Purchase Security Insurance
Purchase Protection included
Employee Cards
Additional cardholder fee is $10
Additional Perks
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Insurance Coverage
Purchase Protection
Included (Underwritten by Chubb)
Mastercard Zero Liability
Included against unauthorized purchases
Rates & Fees Details
| Purchase APR | 19.99% |
|---|---|
| Cash Advance APR | 22.99% |
| Annual Fee | $0 |
| Supplementary Card | $10.00 |
| Income Required |
Personal: $50,000 Household: $80,000 |