Legal Disclaimers
¹ Cashback earn subject to monthly spend limit. After monthly spend limit is reached, earn rate decreases for subsequent purchases. Spend limit resets monthly. Minimum Neo Everyday account balance required to earn the highest rate. For more information, visit the Neo App. The Neo Rewards™ Program, including cashback, is operated by Neo.
² When you make payments in full and on time each month.
³Conditions apply. Must 1. be the age of majority in your province or territory of residence; 2. be a Canadian resident; 3. provide security funds.
⁴ Limited-time offer. This offer is only valid for eligible new Neo customers who successfully open their first eligible Neo product. Customer has 90 days to complete the card application process. The free trial offer expires 14 days after customer successfully opens their eligible Neo product. Limit of one offer per customer, this offer cannot be combined with other promotional codes. Once free trial is started, trial period will end after 30 days, after which the customer will be charged the monthly subscription amount. Offer is subject to the Neo Rewards Policy and may be amended or cancelled at any time without notice. Third party terms and conditions may apply
⁵ Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.
The Neo Everyday and High-Interest Savings accounts are provided by Peoples Bank of Canada.
Neo Mastercard, Neo Secured Mastercard, and Neo World Elite® Mastercard are issued by Neo Financial™ pursuant to license by Mastercard International Incorporated.
Mastercard, World Elite, and the circles design are registered trademarks of Mastercard International Incorporated.
What do I need to join Neo?
Got questions?
We've got answers.
You need to live in Canada, have a Canadian photo ID, and be the age of majority in your province to apply for a Neo card.
What is the annual percentage rate (APR)?
The Purchase Credit Rate on the Neo Mastercard and Secured Neo Mastercard is 19.99% - 24.99% and the Cash Advance Rate is 22.99% - 25.99%. For Quebec: the Purchase Credit Rate on the Neo Mastercard is 19.99% - 24.99% and the Cash Advance Rate is 22.99% - 25.99% and on the Secured Neo Mastercard; Purchase Credit rate is 19.99% - 29.99% and the Cash Advance Rate is 22.99% - 31.99%. The standard rate on purchases and cash advances is dependent on our assessment of your credit application, credit profile, and your province. See your Cardholder Disclosure at time of application for your specific rate.
Is my money insured?
The Neo Everyday and Neo High-Interest Savings accounts are provided by Peoples Bank of Canada, a CDIC member institution, and are eligible for CDIC deposit protection. Deposits held in Neo Everyday and Neo High-Interest Savings accounts are combined with eligible deposits held at Peoples Bank of Canada, for up to $100,000 of deposit protection, per category, per depositor. For more information about CDIC deposit insurance, please consult CDIC’s website cdic.ca.
What is the minimum amount I have to set aside for security funds?
Only $50 – because wealth should never be a condition for building credit.
What makes the Secured Neo Mastercard® different from traditional credit cards?
Secured Neo Mastercard may help you build your credit² while earning cashback rewards, for only $5 a month. Unlike traditional credit cards, we won’t check your credit history, and you’re guaranteed approval.³ You can use the Secured Neo Mastercard card just like you would any other traditional credit card, anywhere Mastercard is accepted.
Do more. Get more.
The more money you have in your Neo Everyday account, the higher your cashback rates1. See for yourself below.
Gas
Groceries
Everything else
1%
1%
Gas
Groceries
Everything else
1%
1%
0%
0%
Gas
Groceries
Everything else
1.50%
1.50%
0%
Gas
Groceries
Everything else
1.50%
1.50%
0.50%
Gas
Groceries
Everything else
1.75%
1.75%
0.50%
Gas
Groceries
Everything else
2%
2%
0.5%
Gas
Groceries
Everything else
2%
2%
0.5%
Gas
Groceries
Everything else
3%
3%
1%
Gas
Groceries
Everything else
3%
3%
1%
Gas
Groceries
Everything else
4%
4%
1%
Earning the trust of Canadians every day
1.3M+
Customers
4.8
On the App Store®
$31.4M
Cashback awarded to date
4.7
On the Google Play Store®
Awards/Accolades
The World's Top 250 Fintech Companies 2024
Canada's Top Startup 2023
Get up to $25* on us when you sign up for Neo
Accounts that reward you for healthy balances with cashback
Instant cashback on gas, groceries, and everything else¹
Access to every day high interest
Neo MoneyTM Card
Neo Mastercard
Gas
Groceries
Everything else
1%
1%
0%
1%
1%
0%
1.50%
1.50%
1.50%
1.50%
0%
0.50%
Gas
Groceries
Everything else
1.75%
2%
1.75%
2%
0.50%
0.50%
Gas
Groceries
Everything else
2%
3%
2%
3%
0.50%
1%
Gas
Groceries
Everything else
3%
4%
3%
4%
1%
1%
Gas
Groceries
Everything else
Neo High-Interest Savings Account
Make your savings goal a reality with 3.00% interest5 on every dollar.
High everyday interest1
No minimum deposits
No monthly fees
Imagine mortgage-free living
Neo is giving away mortgage payments for a year. Plus, mortgage payments for six months. Be one of the lucky winners to get up to $25,000 towards your mortgage.*
