Neo World Elite® Mastercard 2026 Review

Annual fee
CA$125
Rewards rate
5%-1%
Welcome Bonus
30,000 points
Apply Now →on Neo Financial's website

  • 5%Cash back on groceries
  • 4%Cash back on recurring payments
  • 3%Cash back on gas

Welcome Bonus:

Earn up to 30,000 points by spending $2,000 in the first 90 days.

Reward Rate:

Earn 5% cash back on groceries, 4% on recurring payments, and 3% on gas.

The Neo World Elite® Mastercard stands out as the top choice because it offers an exceptional 5% cash back on groceries, making it ideal for frequent shoppers. With a robust rewards structure and premium benefits, it earns the #1 spot for those looking to maximize their cash back.

Pros:

  • High cash back on groceries
  • Comprehensive insurance benefits

Cons:

  • Annual fee applies
  • Higher income requirement
Apply now →

The Neo World Elite® Mastercard is particularly suitable for frequent grocery shoppers and those who prioritize earning cash back on everyday purchases, given its competitive rewards structure and substantial welcome bonus. However, potential applicants should consider the annual fee and assess whether the rewards align with their spending habits to determine if this card meets their financial needs.

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