Neo World Elite Mastercard 2026 Review

Mika L.
Written by Mika L.
Financial Content Writer
Mat C.
Edited by Mat C.
Managing Editor & Senior Developer

Neo World Elite Mastercard4.2/5

Neo Financial

Annual fee
CA$125
Rewards rate
5%-1%
Welcome Bonus
N/A
Apply Now →on Neo Financial's website

  • 5%Cash back on groceries
  • 4%Cash back on recurring payments
  • 3%Cash back on gas
  • 1%Cash back on all other purchases

Welcome Bonus:

N/A

Reward Rate:

Earn 5% on groceries, 4% on recurring payments, 3% on gas, and 1% on everything else.

The Neo World Elite Mastercard offers some of the highest cash back rates in Canada, particularly for groceries and recurring payments, making it an excellent choice for those looking to maximize their rewards.

Pros:

  • High cash back on essentials
  • No foreign transaction fees

Cons:

  • Annual fee applies
  • Income requirements may limit eligibility
Apply now →

The Neo World Elite Mastercard is well-suited for consumers who frequently spend on groceries and recurring payments, given its competitive cash back rates. However, potential applicants should consider the annual fee and the absence of a welcome bonus when evaluating its overall value.

Frequently Asked Questions