Annual fee
CA$120
Rewards rate
6%-1%
Welcome Bonus
CA$100 cash back
Apply Now →on Neo's website
- 6%Cash back on groceries
- 4%Cash back on recurring payments
- 3%Cash back on gas and electric vehicle charging
- 1%Cash back on all other purchases
Welcome Bonus:
Total welcome bonus value of CA$249 with the first-year annual fee waived.
Reward Rate:
Earn up to 6% cash back on groceries.
The Neo World Elite Mastercard is unique for its high cash back rates across various categories, making it an attractive option for those who want to maximize their rewards on everyday spending.
Pros:
- High cash back rates
- Customizable spending categories
Cons:
- Annual fee applies
- Requires good credit for approval
The Neo World Elite Mastercard is well-suited for consumers who frequently spend in diverse categories and prioritize earning cash back rewards, particularly those who can leverage its competitive reward structure despite the annual fee. With its solid welcome bonus and high earning potential, this card may appeal to individuals looking to optimize their everyday purchases.