Neo World Elite® Mastercard – Shop & Dine

Welcome Bonus
No Welcome Offer
  • Accepted at Costco
  • Up to 5% cash back on groceries
  • Up to 4% cash back on recurring payments
Annual Fee
$149
Interest rates
Purchase Rates
19.99%
Cash Advance Rates
22.99%
Balance Transfer Rates
22.99%
Neo World Elite® Mastercard credit
Neo World Elite® Mastercard – Shop & Dine
No Welcome Offer
Apply Now

Offer

  • 5% cash back on restaurants, bars and fast food (up to $1,000/month, then 1%)
  • 3% on shopping: clothing, shoes, electronics, home and garden, and more (up to $1,000/month, then 1%)
  • 1% cash back everywhere else, with no cap
  • Mastercard World Elite® travel benefits: collision/damage insurance for car rentals, comprehensive travel insurance and DragonPass membership
  • Additional cash back at over 10,000 Neo network partners (5% on average, up to 15%)
  • Instant credit limit up to $30,000
  • Annual fee of $149
  • Secured option to build credit history (same cash back rates)

Fees & Conditions

Personal Income $80,000
Household Income $150,000
Annual Fee $149
Foreign Transaction Fee 2.5%

Advantages

Costco

Earnings

Per dollar of purchases

All Spending 0.5 %
Groceries 1 %
Gas 1 %
Dining and Food delivery 5 %
Convenience Stores 1 %
Drugstores 1 %
Local Transport 1 %
Travel 1 %
Entertainment 1 %
Recurring Payments 1 %
Telecom/Internet 1 %
Streaming services 1 %
Online transactions 3 %
Office Supplies 3 %

Insurance

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
$1,000,000
14 day(s)
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
$1,000
Trip Interruption Insurance
$1,000
Common Carrier Travel Accident Insurance
$100,000
Flight Delay Insurance
$250
Delayed Baggage Insurance
$1,000
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
$65,000
48 day(s)
Hotel/Motel Burglary Insurance
$1,000

This section sets out the maximum coverage amounts or periods. Please review your insurance certificate for details, exclusions and limitations of your coverage, terms and conditions apply.

Other Insurance

Insurance Name
Included
Amount
Duration
Extended Warranty
1 year
Purchase Protection
$1,000
90 day(s)
Mobile Device Insurance
Price Protection

Our review

The Neo World Elite® Mastercard – Shop & Dine offers some of the highest cash back rates in the country for dining and shopping. Earn 5% cash back every time you dine out or order takeout, and 3% on in-store purchases, with 1% everywhere else.

Benefit from comprehensive insurance including extended warranty, purchase protection and travel insurance, as well as a DragonPass membership for airport lounges around the world.

Combined with additional cash back at over 10,000 Neo partners and an instant credit limit of up to $30,000, this is a card designed for those who spend at restaurants and in stores.

Purchases on Amazon and at warehouse stores are not eligible for the shopping rate. Travel insurance is not available to Quebec residents. DragonPass membership is included; fees apply for each lounge visit.

Alternative Cards

4.1

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