Neo World Mastercard
Top Pick Featured Sponsored Cash Back Travel Rewards No Annual Fee

Neo World Mastercard

Neo Financial Neo Financial
Best no annual-fee cashback card in Canada*
The Neo World Mastercard® is designed to elevate your everyday spending with the best no annual-fee cashback card in Canada*
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$75 cash rebate
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Annual Fee $0
Purchase APR 19.99%
Cash Advance 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%
Dining 0.50%
Gas 2%
Travel 0.50%
Recurring Bills 2%
Base Rate 0.50%
Rewards Summary: The Neo World Mastercard gives you three no-annual-fee cashback choices: Everywhere, Gas & Grocery, or Shop & Dine. Each version is designed around a different spending style, with up to 15% boosted cashback on top of base cashback rates at participating Neo partners.

Welcome Bonus Details

No welcome bonus details are currently listed for this card.

Features & Benefits

No Annual Fee
Everyday Cash Back
Airport Lounge Access
Extended Warranty Insurance
Purchase Security 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 APR19.99%
Cash Advance APR22.99%
Annual Fee$0
Supplementary Card Fee$10
Foreign Transaction Fee3%
Grace Period21 days
Income Required Personal: $50,000
Household: $80,000
Recommended Credit ScoreGood

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Filed Under

Cash Back Travel Rewards No Annual Fee Rewards
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