Neo World Elite® Mastercard  🇨🇦

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
$125
Interest rates
Purchase Rates
19.99 %
Cash Advance Rates
22.99 %
Balance Transfer Rates
22.99 %

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Neo World Elite® Mastercard
No Welcome Offer
Apply Now
Updated Dec 6, 2024

Offer

  • Up to 5% cash back on groceries, 3% cash back on gas and 1% cash back everywhere else
  • Receive bonus cash back based on your Neo Everyday account balance: up to 7% back at the grocery store
  • Mastercard World Elite® travel benefits including collision coverage for car rentals and comprehensive travel insurances
  • Instant credit limit up to $30,000
  • Earn additional cash back at over 10,000 Neo network partners
  • Annual fee of $125
  • Secured option to build credit history

Fees & Conditions

Personal Income $80,000
Household Income $150,000
Annual Fee $125
Foreign Transaction Fee 2.5%
Purchase Rates 19.99%
Cash Advance Rates 22.99%
Balance Transfer Rates 22.99%

Advantages

Costco

Earnings

Per dollar of purchases

All Spending 1 %
Groceries 5 %
Gas 3 %
Dining and Food delivery 1 %
Convenience Stores 1 %
Drugstores 1 %
Local Transport 1 %
Travel 1 %
Entertainment 1 %
Recurring Payments 4 %
Telecom/Internet 1 %
Streaming services 1 %
Online transactions 1 %
Office Supplies 1 %

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

There may be a daily maximum amount depending on the type of fees paid

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

Maximize your rewards with the Neo Mastercard World Elite®.

Get up to 5% cash back on groceries, 3% cash back on gas and 1% cash back everywhere else.

Depending on your Neo Everyday account balance, receive boosted cash back: up to 7% back at the grocery store!

Benefit from comprehensive insurance coverage, including extended warranty, purchase protection and travel insurance.

With an instant credit limit of up to $30,000 and additional cash back at over 10,000 Neo partners, your everyday spending becomes more profitable.

Alternative Cards

4.1 Milesopedia Rating

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