Easy ApprovalThe Neo credit card is an excellent choice for improving your credit score with tools that can offer financial insights helping you understand your spending habits better. On top of that, the card has no annual fee and offers a flexible reward program, making it budget-friendly and great for everyday purchases.
Overall, it combines low cost, security, and perks in just one card, while also providing modern banking solutions. You can spend money and earn cashback whenever you do so. Those are reasons why Neo was voted Canada’s Best Cashback Credit Card.
Pros vs. Cons of Neo Credit Card
Pros
- No Annual Fee;
- No Credit Score Requirement;
- Easy Approval;
- Up To 5% Cashback;
- International Coverage;
- No Need For Income Proof;
- High Credit Limit;
- Insights About Your Spending Habits and Financial Behavior;
- Flexible Rewards Program;
- Add Extra Perks According to Your Needs (Travel, Mind & Body, Food & Drink. Mobile & Personal Protection) or With Premium Plan.
Cons
- Not Many Other Perks and Benefits Included (such as insurance);
- In Order to Have More Perks, You Need to Pay For Them;
- Initial Credit Limit May Be Lower.
Free vs. Premium Plan
| PERKS | Base Plan | Premium Plan |
| Cost per month | Free | $4.99 |
| Credit score monitoring | No | Yes |
| Purchase Protection | No | Yes |
| 24/7 legal assistance | No | Yes |
| $2,500 group life insurance | No | Yes |
| CASHBACK | ||
| Gas and groceries | 1% | 3% |
| All other purchases | N/A | 0.50% |
| Restaurants, cafes, bars | Average 5% | Average 6% |
| Streaming services | 3% | 4% |
| Ride sharing services | 3% | 4% |
| Food delivery services | 3% | 4% |
| Retail (online and in-store) | 2%+ | 3%+ |
Why You Should Choose The Neo Credit Card?
The possibility to choose the perks you want to have and the type of reward boost you want, bring to this credit card a really unique experience. Even though you have to pay for these extra benefits, it allows you to pick which one you want to invest money on, so you don’t waste your money on something you will not use, allowing you to save money on unnecessary features.
Who Is This Credit Card For?
It is ideal for individuals looking to improve thier financial management skills and credit scores. It’s also perfect for those who value an affordable option with personalized rewards programs and perks that can suit their lifestyle. All of that in a very practical and simple digital banking platform.
If you’re interested, click the button below to learn more about the card, its benefits, requirements, and application process. This could be your first step towards reaching your goals and dreams.