Ratesopedia
Ranking · Updated May 2026

Best Neo Credit Cards in Canada

Compare all Neo Financial credit cards. Secured cards, no-fee options, and high cash back at partner merchants.

8
cards
Best for: Overall value
Cathay World Elite® Mastercard – powered by Neo
Cathay World Elite® Mastercard – powered by Neo
4.5Ratesopedia rating

It comes with a welcome bonus of 60,000 pts. You earn 1x on groceries and 1x at restaurants. Estimated first-year value is $930.

Best of MonthMastercard

Annual Fee

$180

Rewards rate

1x

Asia Miles

Welcome Bonus

60,000 pts

1st Year Value

$930

Pros

  • Welcome bonus of 60,000 pts
  • Estimated 1st-year value of $930

Cons

  • High annual fee ($180)
  • Requires good credit
Best for: Overall value
United® MileagePlus® Neo World Elite® Mastercard
United® MileagePlus® Neo World Elite® Mastercard
4.2Ratesopedia rating

It comes with a welcome bonus of 25,000 pts. You earn 1x on groceries and 1x at restaurants. Estimated first-year value is $805.

Best of MonthMastercard

Annual Fee

$89

Rewards rate

0.75x

United Mileageplus

Welcome Bonus

25,000 pts

1st Year Value

$805

Pros

  • Welcome bonus of 25,000 pts
  • Estimated 1st-year value of $805

Cons

  • Requires good credit
Best for: No annual fee
Neo Money Card
Neo Money Card
3.3Ratesopedia rating

The Neo Money Card has no annual fee, making it risk-free to hold. You earn 1x on groceries and 0x at restaurants. Estimated first-year value is $120.

Mastercard

Annual Fee

$0

Rewards rate

0x

Cashback

Welcome Bonus

1st Year Value

$120

Pros

  • No annual fee

Cons

  • No welcome bonus
Best for: No annual fee
JA Money card—powered by Neo
JA Money card—powered by Neo
3.3Ratesopedia rating

The JA Money card—powered by Neo has no annual fee, making it risk-free to hold. You earn 0.5x on groceries and 5x at restaurants. Estimated first-year value is $120.

Best of MonthMastercard

Annual Fee

$0

Rewards rate

0.5x

Cashback

Welcome Bonus

1st Year Value

$120

Pros

  • No annual fee
  • 5x at restaurants

Cons

  • No welcome bonus
Best for: No annual fee
Neo Mastercard®
Neo Mastercard®
3.3Ratesopedia rating

The Neo Mastercard® has no annual fee, making it risk-free to hold. It comes with a welcome bonus of 25 pts. Estimated first-year value is $109.

Mastercard

Annual Fee

$0

Rewards rate

0x

Cashback

Welcome Bonus

25 pts

1st Year Value

$109

Pros

  • No annual fee
  • Welcome bonus of 25 pts

Cons

  • Modest reward rates
Best for: Cash back
<br>Secured Neo Mastercard
<br>Secured Neo Mastercard
3.0Ratesopedia rating

It comes with a welcome bonus of 25 pts. You earn 1x on groceries and 0x at restaurants. Estimated first-year value is $49.

Mastercard

Annual Fee

$96

Rewards rate

0x

Cashback

Welcome Bonus

25 pts

1st Year Value

$49

Pros

  • Welcome bonus of 25 pts

Cons

  • Fewer premium perks
Best for: No annual fee
Neo World Mastercard®
Neo World Mastercard®
3.3Ratesopedia rating

The Neo World Mastercard® has no annual fee, making it risk-free to hold. You earn 2x on groceries and 0.5x at restaurants.

Mastercard

Annual Fee

$0

Rewards rate

0.5x

Cashback

Welcome Bonus

1st Year Value

Pros

  • No annual fee
  • 2x on groceries

Cons

  • No welcome bonus
  • Requires good credit
Best for: Cash back
Neo World Elite® Mastercard
Neo World Elite® Mastercard
3.0Ratesopedia rating

You earn 5x on groceries and 1x at restaurants.

Mastercard

Annual Fee

$125

Rewards rate

1x

Cashback

Welcome Bonus

1st Year Value

Pros

  • 5x on groceries

Cons

  • No welcome bonus
  • Requires good credit

Complete Guide

Best Neo Credit Cards in Canada

Compare all Neo Financial credit cards. Secured cards, no-fee options, and high cash back at partner merchants.

Neo Financial Credit Cards

Neo Financial is a Canadian fintech offering innovative credit cards with high cash back rates at thousands of partner merchants. Their unique model earns you boosted rewards (up to 5%+) at participating stores and a guaranteed minimum on all purchases.

Secured & No-Fee Options

Neo offers a secured credit card ideal for building or rebuilding credit, requiring a refundable deposit. Their standard card has no annual fee, making it accessible to a wide range of Canadians.

8

Cards analyzed

May 2026

Last updated

100%

Independent

Methodology

Our team evaluates credit cards based on overall consumer value: rewards earning rates, annual fees, welcome bonuses, insurance coverage, and additional perks. Cards are ranked by estimated first-year value. We update our picks monthly.

📊Real data
🔄Updated regularly
⚖️Unbiased review
🎯Transparent criteria

FAQ

Frequently Asked Questions

1How does Neo cash back work?

Neo offers boosted cash back (up to 5%+) at partner merchants and a guaranteed minimum rate on all other purchases. Cash back is automatically applied.

2Is the Neo Secured card good for building credit?

Yes. The Neo Secured Mastercard requires a refundable deposit and reports to credit bureaus, making it an excellent option for building or rebuilding credit.

Next step

Find your perfect card

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