Neo World Elite Mastercard: Join the Waitlist for the Neo card with over $1,000 in Cashback
The Neo World Elite is a credit card from Neo, currently in a waitlist phase, that offers real cash rewards instead of points.
The card promises to be a new concept of a premium card to manage your Everyday account. See how to apply!
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Neo is a company focused on fully digital financial account management, aiming to revolutionize the North American market with an entirely online proposition.
So far, Neo offers three credit cards at different levels, and the World Elite is the black version, currently in pre-release.
The card offers up to 5% cashback on gas and groceries, with a different calculation for everything else. This is because Neo doesn’t set a fixed cashback rate but instead averages it based on your spending.
When shopping with Neo partners, you can get up to 5% cashback at stores like Pandora, Shell, and Freshii.
According to Neo’s projections, the maximum rewards for regular spending with the card can exceed $1,000 per year.
Neo promises instant cashback instead of monthly, with no redemption portals and maximum flexibility based on your spending. Additionally, you can use your cashback to make payments and earn more cashback on top of that.
The Neo card comes with benefits such as:
- Extended warranty
- Purchase protection
- Travel insurance
The World Elite Mastercard network brings even more benefits to your life, with insurance and assistance within and outside of Canada, offering greater advantages around the world.
The flexibility of the credit card is very relevant for earning rewards based on your spending patterns, prioritizing what you need the most.
Neo’s platform even includes a cashback calculator, so you know exactly how much you’ll earn.
According to the bank, you can expect significant rewards, especially with the card’s feature of earning cashback on cashback.
For now, you’ll need to wait on the waitlist to receive your Neo card and securely manage your Everyday account.
Want to learn another option?
If you’re looking for another option in Canada, you can check out the MBNA World Elite, also focused on rewards with the Mastercard.
MBNA offers up to 30,000 cashback points when you receive the card, plus a gift card and generous cashback amounts. See how to apply.