Neo Credit Mastercard

Flytrippers opinion: TBD
Flytrippers Valuation
of Welcome bonus (net value)		 limited time

via Neo secure application link
$ 25

Rewards: $25*

Card fee: $0
Earn cashback
more simple rewards

Uses: for any expense
(travel or not)		 How to unlock bonus
complete signup (no min.)

(*minimum value: $25
*maximum value: $25)		 Card eligibility
minimum income required: $0

Welcome bonus eligibility
must not currently have this card
Terms and conditions apply. Flytrippers editorial opinion only. Neo is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.
Flytrippers opinion: TBD
Flytrippers Valuation
of Welcome bonus (net value)
$ 25

Rewards: $25*

Card fee: $0
How to unlock bonus
complete signup (no min.)

(*minimum value: $25
*maximum value: $25)
more simple rewards
Uses: for any expense
(travel or not)
limited time

via Neo secure application link
Card eligibility
minimum income required: $0

Welcome bonus eligibility
must not currently have this card
Terms and conditions apply. Flytrippers editorial opinion only. Neo is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.

Summary of Flytrippers' review

WHY GET THIS CARD

  • The welcome bonus of $25
  • The fact there’s no annual fee
  • The flexibility of more simple cash back rewards
  • The alleged 5% average cashback at 10,000 partners
  • The optional perks packages offered

WHO SHOULD GET THIS CARD

  • Those who want simple cash back that’s way less valuable than travel rewards but gives more flexibility
  • Those who want to take advantage of the higher cash back at certain specific partners
  • Those who want a no-annual-fee card even though the total value is always what you should look at

How to learn more

Card details

Welcome bonus offer
(LIMITED-TIME OFFER)

$25 cash back Bonus after signing up (no minimum spend)

$25 cash back Total with the bonus

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Earn on the minimum spending requirement

$0 cash back No minimum spending requirement

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Total rewards by unlocking the welcome bonus

$25 cash back Welcome bonus + earn on the minimum spending requirement to unlock it

‣Apply for the Neo Credit Mastercard

Value of the welcome bonus offer
(at the simple fixed value of Neo cash back)

$25 Welcome bonus
–$0 Card fee (no annual fee)

$25 Total net value by unlocking the welcome bonus alone

2500% Return on the minimum spending requirement of $1 (no minimum spending requirement)

(You get $25 worth of travel for $0)

‣Learn more about our Flytrippers Valuation of welcome bonuses

Value of redemption options (welcome bonus)

For each available redemption option, here is the value of the $25 Neo cash back you get by unlocking the welcome bonus:

$25 Statement credit
$25 Savings products (except in Québec)
$25 Merchandise on the Neo app

‣Learn more about the best redemptions of Neo cash back (coming soon)

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Value of redemption options (per point)

For cash back rewards, there are no points so here is the value of Neo cash back to help you understand:

15% cash back Value of 15¢ for every $1 spent
5% cash back Value of 5¢ for every $1 spent
1% cash back Value of 1¢ for every $1 spent
0.5% cash back Value of 0.5¢ for every $1 spent

‣Learn more about the basics of the values per point (coming soon)

Redemptions as cash back

The more simple type of rewards redemption, with a fixed value. It is worth less but gives you infinite flexibility.

Redeem your $25 Neo cash back for:

$25 Discount of $25 on anything charged to your card
$25 Contribution of $25 to your Neo Money account (except in Québec)
$25 Discount of $25 on merchandise on the Neo app

‣Learn more about the best redemptions of Neo cash back (coming soon)

Expiry
Neo cash back doesn’t expire as long as you have your Neo Credit Mastercard.

‣Learn more about Neo cash back expiry (coming soon)

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Pooling
Neo cash back cannot be pooled with travel buddies.

‣Learn more about pooling rewards (coming soon)

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Transfers
Neo cash back cannot be transferred to more valuable rewards programs.

‣Learn more about transferable rewards (coming soon)

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Logistics
Neo cash back will be automatically redeemed as a credit on your statement.

‣Learn more about how to get started with Neo cash back (coming soon)

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Rewards program summary
Rewards: Cash back
Source: Bank/other rewards
Type: More simple
Flytrippers Valuation: 1¢
Minimum value: 1¢
Maximum value: 1¢
Transferable: No

‣Learn more about rewards programs basics (coming soon)

Earn rates

0.5% cash back*** per $:

  • Everywhere

***Guaranteed minimum cash back, but cardmembers earn an average of 5% cash back at Neo partners (up to 15% with leading brands, 6% on groceries, 2% on gas, 2% on groceries)

‣Learn more about credit card earn rates (coming soon)

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Earnings with additional cards

Fee for additional cards: $0
Quantity allowed: N/A
Minimum age: N/A

‣Learn more about additional cards (coming soon)

Optional perks packages
Add optional monthly perks packages to customize your experience and get more value, like a Travel perk package to save on foreign transaction fees for the month.

‣Learn more about the Neo perks packages benefit (coming soon)

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Instant access to a digital card
Get the digital card and add it to your Apple or Google Wallet as soon as you’re approved, without having to wait to receive the physical card.

‣Learn more about the instant access (coming soon)

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Card lock
You can freeze and unfreeze your card anytime in the Neo app.

‣Learn more about the card lock benefit (coming soon)

Insurance included

None

‣Learn more about the Neo Credit Mastercard’s insurance coverage (coming soon)

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Insurance not included

Medical travel insurance
Flight delay insurance
Baggage delay insurance
Trip cancelation insurance
Trip interruption insurance
Rental car insurance
Lost or stolen luggage insurance
Hotel burglary insurance
Travel accident insurance
Mobile device insurance
Purchase insurance
Extended warranty

‣Learn more about the different types of insurance coverage (coming soon)

Card eligibility
Minimum income: $0
Age: Majority in your province
Estimated credit score: X, Good, or Excellent
Credit bureau: TransUnion Canada

‣Learn more about credit card eligibility requirements (coming soon)

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Welcome bonus offer eligibility
You must not currently have the Neo Credit Mastercard

‣Learn more about credit card welcome bonus eligibility rules (coming soon)

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Offer end date
Offer subject to change at any time

‣Sign up for Flytrippers’ free newsletter about travel rewards to get all card updates

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Card details
Issuer: Neo (in partnership with ATB Financial)
Network: Mastercard
Card Type: Credit card
Product Type: Personal card

‣Learn more about credit card types (coming soon)

Fees and rates
Card fee: $0
Fee for additional card: $0
FX fee: 2.5%
Purchase annual interest rate: 19.99% – 29.99% (19.99% – 24.99% for Québec residents)
Cash advance annual interest rate: 22.99% – 31.99% (22.99% – 25.99% for Québec residents)
Balance transfer fee: N/A

‣Learn more about why Flytrippers recommends ignoring fees and rates (coming soon)

TBD

Start earning rewards today

And make sure to download our free checklist for when you get a new card—it includes very important mistakes to avoid
(it will open in a separate tab, or you can click here)

APPLY NOW

via Neo secure application

*Beta version of card page. Sign up to get updated guide soon.*

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Financial institutions are not responsible for updating or ensuring the accuracy of the information on Flytrippers’ website. All the information was independently collected by Flytrippers and not provided by financial institutions.

All offers described on the Flytrippers website are subject to the financial institutions’ latest terms and conditions, which can be found on their official website. No efforts are spared to ensure this page is up to date but offers from financial institutions change quickly. It is your responsibility to ensure the accuracy of these offers on their website. Flytrippers will not accept any responsibility for the accuracy of the offers or the result of your actions.

Flytrippers’ website does not contain all available credit card offers or all available credit card products on the market. In addition, Flytrippers never shares an offer if it is not considered advantageous for some travelers, at its sole discretion.

No author on Flytrippers’ website is a financial advisor, a financial planner, a legal professional, or a tax professional. No author on Flytrippers’ website can in any way be considered as such.

All articles, pages, and content on Flytrippers’ website are merely personal opinions of a general nature and are for informational purposes only and should not be considered advice for specific situations. It is your responsibility to perform your own personal research to ensure that travel rewards are appropriate for your own situation.

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