Neo Financial
Neo World Elite Mastercard
Earn 5% back on groceries, 4% on recurring payments and 3% on gas - among the highest everyday cashback rates in Canada. Add World Elite travel benefits, lounge access and purchase protection, all managed from the Neo app.
Starting an application here does not affect your credit score. A credit check happens only when the issuer takes it further.
Annual fee
$149
Purchase rate
19.99%-29.99% (purchases; 19.99%-23.99% in Quebec and Newfoundland)
FX fee
2.50%
Grace period
21 days
What this card pays you
This figure reflects your spending profile against this card's published earn rates, minus the annual fee. Category caps, welcome bonuses, insurance and lounge benefits, and first-year fee waivers are excluded from this estimate.
We earn a referral fee if an application is approved. It does not affect this ranking. How we rank
Rewards in full
- 5% cashback on groceries, 4% on recurring payments, 3% on gas/EV charging, 1% on everything else (monthly category caps apply)
- instant cashback at 10,000+ Neo partners
- purchase protection and extended warranty
- Mastercard Travel Rewards and airport lounge membership
- free Neo membership included
Rates & fees
| Annual fee | $149 |
|---|---|
| Supplementary card fee | $49 per additional card |
| Purchase APR | 19.99%-29.99% (purchases; 19.99%-23.99% in Quebec and Newfoundland) |
| Balance transfer intro | No intro offer |
| Balance transfer rate | 22.99%-31.99% |
| Balance transfer fee | No BT offer |
| Cash advance | Cash advance APR 22.99%-31.99%; flat per-advance fee not publicly disclosed (see Neo Disclosure Statement, Rate & Fee Schedule) |
| Foreign exchange fee | 2.50% |
| Grace period | 21 days |
| Network | Mastercard (World Elite) |
Important information
Rates, fees, and offers come from the issuers and can change without notice. Confirm every detail on the issuer's site before you apply. We provide comparisons and application intake only; approval decisions rest solely with the issuer.