Secured card offer: conditions apply. Must 1) be the age of majority in your province or territory of residence; 2) be a Canadian resident; 3) provide security funds; 4) be eligible for credit under Neo’s policies. Limited-time offer. This offer is only valid for new Neo customers. Limit of one offer per customer; this offer cannot be combined with other promotional codes. Offer is subject to the Neo Rewards Policy and may be amended or cancelled at any time without notice. Third party terms and conditions may apply.
Up to 2%
Cash back
$0
Annual fee
Groceries & Gas
(up to $1,000/month each)
Bills
(up to $500/month)
Everything Else
Last updated: October 29, 2026
The Neo World Mastercard® is Neo Financial’s no-fee cash back card. Cardholders choose one of three rewards plans at signup — Gas & Grocery, Shop & Dine, or Everywhere — each tuned to a different spending style.
The card itself, including the $0 annual fee, $50,000 personal income requirement, and Mastercard World benefits, is the same across all three plans — only the cashback categories differ.
The Neo World Mastercard® has no annual fee. This card does not come with a welcome bonus at this time.
A supplementary card is available at no additional cost.
The card is also available as a secured version, which costs $9.99 per month. You get $25 when you're approved for any Secured Neo Mastercard, with no minimum spend.†
The Neo World Mastercard® offers three rewards plans, chosen at signup. Each plan comes with no annual fee, the same income requirements, and the same Mastercard World benefits — only the cashback categories differ.
For households whose spending centres on groceries, fuel, and recurring bill payments.
Also available as a secured card with the same earning rates.
For customers who spend heavily on dining, takeout, and retail shopping.
Shopping cashback excludes Amazon and wholesale purchases. Also available as a secured card with the same earning rates.
For customers who want simple, consistent cashback on every purchase with no categories to track.
Also available as a secured card with the same earning rates.
Monthly spend caps reset each calendar month. Cash back posts instantly to your Neo Rewards Wallet, with no minimum redemption threshold and no expiry.
On top of the base rates, Neo’s partner network offers up to 15% boosted cashback at thousands of partners across Canada, paid on top of the card’s regular cashback.
Secured card offer: conditions apply. Must 1) be the age of majority in your province or territory of residence; 2) be a Canadian resident; 3) provide security funds; 4) be eligible for credit under Neo’s policies. Limited-time offer. This offer is only valid for new Neo customers. Limit of one offer per customer; this offer cannot be combined with other promotional codes. Offer is subject to the Neo Rewards Policy and may be amended or cancelled at any time without notice. Third party terms and conditions may apply.
Secured card offer: conditions apply. Must 1) be the age of majority in your province or territory of residence; 2) be a Canadian resident; 3) provide security funds; 4) be eligible for credit under Neo’s policies. Limited-time offer. This offer is only valid for new Neo customers. Limit of one offer per customer; this offer cannot be combined with other promotional codes. Offer is subject to the Neo Rewards Policy and may be amended or cancelled at any time without notice. Third party terms and conditions may apply.
Last updated: October 29, 2026
With the Neo World Mastercard® you earn cash back instantly on your purchases. Once earned, your cash back is available immediately in your account.
From there you can use the cash back to reduce the balance on your Neo World Mastercard®, add the cash back to your Neo Everyday account, or redeem cash back for merchandise at the Neo Store.
The Neo World Mastercard® offers elevated earning rates and includes standard World Mastercard benefits, such as:
The Neo World Mastercard® includes two forms of purchase coverage:
