Introducing the most thrilling credit card lineup to hit the Canadian market in years: The Best No-Fee Credit Card in Canada, the Neo World Mastercard®, and The Best Cashback Credit Card in Canada, the Neo World Elite® Mastercard. These cards aren’t just about earning rewards—they’re about redefining what it means to get the most out of every purchase.
Neo Financial has already made waves as Canada’s #1 fastest-growing company in 2024, according to The Globe and Mail. Now, they’re shaking up the credit card world with these groundbreaking new cards that put cash back in your wallet like never before.
We measured these new credit cards against consumer expectations to see how they deliver on the promise of providing unparalleled cashback benefits.
What makes these cards a game-changer?
Forget complicated points systems. The Neo World Mastercard® and Neo World Elite® Mastercard focus on one thing: giving you unbeatable cashback on everyday purchases. With the Neo World Elite®, you’ll earn a staggering 5% back on groceries, 4% on recurring payments, 3% on gas, and 1% on everything else. The no-fee Neo World Mastercard® also delivers—earning you 2% on groceries, gas, and recurring expenses, and 0.5% on everything else.
Neo Financial’s vast cashback partner network—one of the largest in Canada—includes more than 10,000 local businesses and major brands like Shell, The Keg, Decathlon, Boston Pizza, and more. That means every time you dine out, fuel up, or shop, you’re earning an average of 5% cashback at participating partners. This is cashback that adds up quickly, turning every purchase into an opportunity to save.
For the savvy consumer, the Neo World Elite® Mastercard offers premium perks typically reserved for high-end cards—without the high price. Enjoy travel insurance, lounge access with DragonPass, and World Elite® travel benefits, all while earning cashback. Plus, Neo’s instant and easy-to-use cashback system lets you redeem rewards anytime on anything you choose, giving you complete control of your earnings. It’s the perfect card for anyone who values flexibility and wants to get more for their money.
What makes these cards even more unique is how your Everyday account elevates your cashback rates even further. The more your account balance grows, the more cashback you earn, giving you greater rewards on your spending. This means you could get up to 7% cashback on groceries on the World Elite card for example. It’s a smart, best-in-class feature that rewards you for managing your money.
In short, these aren’t just cards—they’re a revolution in how Canadians earn rewards. With the Neo World Mastercard® and Neo World Elite® Mastercard, every dollar you spend works harder for you. Don’t just spend—earn, save, and unlock the full potential of your everyday purchases.
For more info on the new Neo Financial credit cards, visit www.neofinancial.com/credit
