Neo

Neo Mastercard

Welcome Bonus

Earn up to $200 in cashback

cashback groceries gas no-fee no-fx-fee

Annual Fee

No annual fee

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Quick Stats

Annual Fee

$0

Purchase APR

19.99%

FX Fee

0%

Card Type

mastercard

Rewards & Earning Rates

Spending Category Earn Rate
Groceries5% cash back
Gas5% cash back
Transit & EV Charging5% cash back
All other purchases0.5% cash back

Welcome Bonus Details

Get $25 welcome bonus plus up to $175 in cashback on everyday purchases in your first 3 months.

Fees & Interest Rates

Annual Fee $0.00
Additional Card Fee $0.00
Purchase Interest Rate 19.99%
Cash Advance Interest Rate 22.99%
Foreign Transaction Fee 0%

Pros & Cons

Pros

  • No annual fee
  • No foreign transaction fees
  • 5% cashback on groceries, gas, and transit
  • Easy mobile app
  • No minimum income requirement

Cons

  • Lower earn rate on non-bonus categories (0.5%)
  • Limited insurance coverage
  • Newer financial institution

Eligibility Requirements

Available to Canadian residents 18+ with good credit

Recommended Credit Score: 660+

Ready to Apply?

Apply for the Neo Mastercard in just a few minutes.

Apply Now

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