Neo Financial · Cash back
Neo World Elite Mastercard
Annual fee
$149
Market
Canada · CAD
What it's worth before you spend
Welcome bonus, plus perks you get no matter what, minus the fee. Everyday earning comes on top.
Every year
−$149
Costs $149 a year until your spending covers it.
Plus 5 benefits with no fixed dollar value, like Airport Lounge Membership, Emergency Medical Insurance and Flight Delay Insurance. Their worth depends on how you use the card, so they're not counted above. See them all
Estimated as of Oct 11, 2026. Assumes you're approved, qualify for the offer and meet its spending requirement. Points valued at up to 1¢ each, which is our assumption. Before everyday spending.
Welcome offer
No welcome offer right now. Offers come and go; the rates below are what this card earns every day.
What it earns
Cash back, straight onto your statement.
| Where you spend | Earns | Back per $1 (est.) |
|---|---|---|
| Groceries | 5% back | 5¢ |
| Recurring Bills | 4% back | 4¢ |
| Gas & Fuel | 3% back | 3¢ |
| Everything else | 1% back | 1¢ |
What else you get
Perks
- Airport Lounge Membership
Membership for airport lounge access, with Mastercard Travel benefits
Insurance
- Emergency Medical Insurance
Emergency medical up to $1,000,000, first 14 consecutive days of a trip, under age 60
- Flight Delay Insurance
Up to $250 a day, $500 per occurrence, for delays, missed connections or denied boarding over 4 hours
- Delayed and Lost Baggage Insurance
Essentials when checked bags are delayed over 6 hours, or lost or damaged bags, up to $1,000 combined
- Rental Car Collision Damage Insurance
Damage or theft of a rental car, rentals up to 48 consecutive days, vehicle MSRP up to $65,000
Got this card? We'll tell you when to use it.
PointsMaxxing checks the store you're standing in and picks the card in your wallet that earns the most there.
Fine print
Card details are checked against public sources. Issuers change fees, offers and earn rates without notice, and the issuer's terms are the only ones that count, so check them before you apply. Approval, welcome offers and bonus points are at the issuer's discretion and aren't guaranteed. The values above are estimates based on our own point valuations and on assumptions about approval and spending, not a forecast of what you'll receive. This is general information, not financial advice, and it doesn't say whether this card suits you. We're not affiliated with or endorsed by Neo Financial. Card and program names belong to their owners.
Details last checked Oct 11, 2026.