$0
Annual fee
Last updated: February 12, 2026
Neo Financial has three personal cash back credit cards in their line up.
The Neo World Mastercard® is Neo Financial’s mid-tiered credit card that comes with decent cash back earning potential, especially for a card with no annual fee.
You can earn upwards of 4% on groceries, recurring bills, gas, and EV charging if you meet Neo Financial’s requirements for the boosted earning rate.
Annual Fee
Free
Additional Card
Free
No welcome bonus and no annual fee means zero friction – this card is built for commitment-free daily use, not signup sprints.
| Category | Rate |
|---|---|
| Groceries | 4% |
| Bills | 4% |
| Gas | 4% |
| Everything Else | 1% |
Strong on daily domestic spending – groceries, gas, and recurring bills – but the baseline rate means you'll want a complementary card for dining, travel, and general purchases to maximize value across your wallet.
No annual fee
First Year FreeWorld Mastercard protections – extended warranty, purchase security, rental car coverage – arrive at no cost, functioning as a useful safety net rather than a reason to carry the card.
Underwritten by Chubb Insurance Company of Canada
| Coverage | Maximum | Details |
|---|---|---|
| Emergency Medical | $1,000,000 | 14 days · not covered (65+) · Cardholder, Spouse (if Cardholder eligible), and Dependent Children (when travelling with Cardholder or Spouse). Coverage includes hospital and medical expenses, emergency dental (up to $2,000 for injury, $200 for pain relief), emergency services (physiotherapist/chiropractor up to $250 per profession), emergency air transportation/evacuation, return of deceased, additional hotel/meal expenses (up to $150/day, max $1,500), bringing relative to bedside, return of vehicle, return of dependent children, and return of excess baggage (up to $500). |
| Trip Cancellation | Not included | — |
| Trip Interruption | Not included | — |
| Trip Delay | Not included | — |
| Baggage Delay | Not included | — |
| Baggage Loss | Not included | — |
| Rental Car (CDW/LDW) | Not included | — |
Pre-Existing Conditions
180-day stability period required
View Certificate of Insurance (PDF)
The $1M medical cap and 180-day stability window are both excellent for a no-fee card, making this genuinely viable as standalone coverage for most healthy travellers on routine international trips.
Last updated: February 12, 2026
