Neo Credit Card
+$60 Cash Rebate From FinlyWealth
Rewards Calculator Algorithm
You can either estimate rewards by inputting your spending habits manually or creating secure bank connections through our trusted financial partner mx.com and letting Finly analyze your spending in the past year.
Total Spending
Modify your spending numbers and click update to get the most accurate reward estimates.
$0
Restaurant, Fast Food & Coffee Shop
$
Grocery
$
Costco
$
Whole Foods
$
Groceris from Safeway, Sobeys, Foodland, FreshCo, ThriftyFoods, Voila, IGA, Rachelle Bery, Les Marches Tradition
$
Groceries from Loblaws, NoFrills, RealCanadianSuperStore, PCExpress, Maxi, Provigo, SaveEasy, SuperValu, ValuMart, YourIndependentGrocer, Zehrs, Fortinos
$
Walmart in Store
$
Walmart Online
$
Other Grocery Purchases
$
Recurring Purchases (Bills, Subscriptions, Rent via Chexy)
$
AppleTV+, Apple Music, Crave, Disney+, FuboTV, Hayu, Netflix, RDS, SiriusXM Canada, Spotify, TSN
$
Utilities
$
General Recurring Purchases (e.g. Rent via Chexy, Car payment, Loan repayment, etc.)
$
Pharmacy
$
Shoppers Drug Mart
$
Other Pharmacies
$
Gas
$
Esso & Mobil
$
Costco Gas
$
Other Gas Stations
$
Transportation
$
Public Transportation
$
Rideshare (Uber, Lyft, Taxi, etc.)
$
Parking
$
Travel (Flights, Hotels, etc.)
$
Air Canada Airline
$
WestJet Airline
$
British Airways Airline
$
Cathay Pacific Airline
$
Marriott Bonvoy Hotels
$
Travel Booked from Expedia
$
Other Hotels
$
Other Airlines
$
Other Travel Not Specified
$
Home Improvement (Renovation, Furniture)
$
Home Fixes & Renovations
$
Home Furnishing
$
Entertainment (Movies, Concerts, etc.)
$
Cineplex
$
Other Entertainment Purchases
$
Foreign Purchases (Non $CAD)
$
$USD Purchases
$
Foreign Non $USD Purchases
$
Online Shopping
$
Amazon
$
Digital Goods (E-books, Music, Software, Mobile Apps, Photos, etc.)
$
Other Online Purchases
$
Purchases at Canadian Tire, Sport Check, Lquipeur, Atmosphere, Party City, SportsRousseau, HockeyExperts, LentrepduHockey
$
Other Purchases Not Specified
$
25% Referral Cash Bonus
Share your unique referral link to the Neo Credit Card and earn a 25% rebate bonus. Learn more about the Finly referral program.
Card Details
Annual Rewards
$288
Welcome Bonus
$0
Annual Fee
$0
First Year Value
$288
Interest Rates
Cash Advance:
22.99% - 31.99%
Purchase:
19.99% - 29.99%
Annual Fee
$0
Annual Income
Personal:
N/A
Household:
N/A
Credit Score
Fair
Welcome Bonus
N/A
Card Type
Cash Back
Our Rating
3.2/5
Institution
Neo Financial
Rewards
- Average of 5% cashback at Neo Partners
- Up to 15% cashback on first purchases at Neo partners
- 1% cashback on gas and grocery
- 0% at Neo non-partners but with a 0.5% cashback guarantee on overall purchases
- With all these condition, the average estimated cashback on all purchases came to 1.2% by FinlyWealth
Neo Credit Card Cash Back Calculator
Based on average spending
Rewards Ranking
Rewards Breakdown
All purchases
$288
Rewards Summary
Net Annual Rewards
$288
Welcome Bonus
$0
First Year Value
$288
Pros & Cons
Pros
- Unique cashback program which earns cashback based on partner instead of purchase category.
- Massive cashback at some partners that any other credit card couldn't beat.
- Unique benefit system where perks could be bought with a monthly fee and cancelled after use.
Cons
- Almost no cashback or very little cashback is available at non-Neo partners, which comprise most merchants.
- No built-in Purchase protection and extended warranty benefit.
Neo Credit Card Review
Should I get the Neo Credit or not?
![Should you get the Neo Creditcard?](/_next/image?url=https%3A%2F%2Fwww.finlywealth.com%2Fapi%2Fmedia%2Ffile%2Fneo_reviews_get_neo.webp&w=3840&q=100)
Neo Credit Fee
Neo Credit Cards Unique reward system
![Neo Partners Snapshot](/_next/image?url=https%3A%2F%2Fwww.finlywealth.com%2Fapi%2Fmedia%2Ffile%2Fneo_reviews_creditcard_partners.webp&w=3840&q=100)
![Neo Cashback rate](/_next/image?url=https%3A%2F%2Fwww.finlywealth.com%2Fapi%2Fmedia%2Ffile%2Fneo_reviews_cashback_rate.webp&w=3840&q=100)
Should you get the Neo Credit if you only shop with one credit card?
If you shop with multiple credit cards, should you get Neo Credit?
Neo Credit Card - Benefits at a Premium
![Neo Premium Benefits](/_next/image?url=https%3A%2F%2Fwww.finlywealth.com%2Fapi%2Fmedia%2Ffile%2Fneo_reviews_premium_benefits.webp&w=3840&q=100)
1. Premium
2. Travel benefit.
![Neo Travel Benefits perk](/_next/image?url=https%3A%2F%2Fwww.finlywealth.com%2Fapi%2Fmedia%2Ffile%2Fneo_reviews_travel_benefits.webp&w=3840&q=100)
Neo Credit card - Pros and Cons summary
- Average of 5% and guaranteed minimum of 0.5% cash back at Neo partners
- Relatively easy to get approved (low credit score, no income requirement)
- No monthly fees (unless you opt-in for subscriptions)
- Top-of-the-line mobile app that helps track your spending, rewards, and card status
- Access to cashback instantly (can redeem cash back at any time)
- No included insurance coverage or consumer protection. However, add-on subscriptions can be purchased for a certain monthly fee, and can also be canceled at any time.