Neo Financial Mastercard
Neo Financial
Annual fee
CA$0
Rewards rate
5%-0.5%
Welcome Bonus
CA$25
Apply Now →on Neo Financial's website
- 7%Cash back on purchases with a Neo Everyday Account
- 5%Cash back at partner retailers
- 4%Cash back on recurring payments
- 3%Cash back on gas
- 0.5%Cash back on all other purchases
Welcome Bonus:
Earn a $25 welcome bonus upon approval.
Reward Rate:
Earn up to 7% cash back on purchases with a Neo Everyday Account.
The Neo Financial Mastercard stands out for its high cash back potential, especially for those who frequently shop at partner retailers, making it a great choice for maximizing rewards on everyday spending.
Pros:
- No annual fee
- High cash back on partner purchases
Cons:
- Limited to specific retailers for higher cash back
- Variable interest rates
The Neo Financial Mastercard is well-suited for consumers who prioritize cash back rewards and often shop at participating retailers, given its competitive reward structure and $0 annual fee. However, individuals who do not frequently shop at these partners may find the overall reward potential less appealing.