Pros
- ✓Purchase protection included
- ✓Travel medical insurance included
- ✓No annual fee
Cons
- ✗Foreign Transaction Fee (2.5%)
Our Review
The Neo World Mastercard® – Gas & Grocery rewards your weekly spending. You earn 2% cash back on groceries, gas, EV charging, and recurring payments, and 0.5% on everything else.
With no annual fee, it is a card designed for households looking to maximize their essential purchases without the complexity of tracking points. You also earn additional rewards at over 10,000 Neo partners, and cash back is deposited directly into your Neo wallet with no minimums or expiration dates.
With an instant credit limit of up to $30,000 and a secured option to build your credit, your everyday spending works for you from the very first purchase.
Rewards
All Spending
0.5x
Cash Back pts per dollar
Groceries
2x
Recurring
2x
Gas
2x
Credit Card Rewards Calculator
See how much you could earn with this card based on your spending.
Cashback earned
$292
$/yr
Estimated Value
$292
After Fees
+$292
1st Year Value
$292
incl. welcome bonus
Annual rewards breakdown
Travel Insurance
Travel Medical
Up to $1,000,000 / 14 days
Purchase Protection
Purchase Protection
Up to $1,000 / 90 days
Extended Warranty
+1 year(s)
Interest Rates
- Purchase Rate19.99%
- Cash Advance22.99%
- Foreign Transaction Fee2.5%
Eligibility
Personal Income
$50,000
Household Income
$80,000
Terms & Conditions
Card Features
- 2% cash back on groceries (up to $1,000/month, then 0.5%)
- 2% on gas and EV charging (up to $1,000/month, then 0.5%)
- 2% on recurring payments (up to $500/month, then 0.5%)
- 0.5% cash back everywhere else, with no cap
- Additional cash back at over 10,000 Neo network partners (5% on average, up to 15%)
- Instant credit limit up to $30,000
- No annual fee ($0)
- Secured option to build credit history (same cash back rates)
Legal
Conditions Apply. See the application for complete details.
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Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. Ratesopedia may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 Neo. All trademarks are property of their respective owners.