Neo FinancialNeo World Elite Mastercard…
5117 3495 4122 7513
VALID THRU 09/28JORDAN TAYLOR
Cash Back Cards · Canada
Neo World Elite Mastercard (Shop & Dine)
Best for: Canadians who spend most on restaurants and shopping
Annual feeC$149/yr
IssuerNeo Financial
NetworkMastercard
Purchase APRSee issuer
Foreign transaction feeSee issuer
Credit neededSee issuer
Pros
- Among the highest headline cash-back rates in Canada
- Secured version available
Cons
- Monthly spending caps limit the bonus rate
- Newer issuer with fewer branches or partners
Rates and offers change. Confirm today's terms on the issuer's official site before applying. Independent comparison — not financial advice.
Neo Financial launched the Shop & Dine version of its Neo World Elite Mastercard on June 4, 2026, one of four new cards built around how Canadians spend.
Neo World Elite Mastercard (Shop & Dine) at a glance
| Issuer | Neo Financial |
| Card network | Mastercard |
| Annual fee | C$149 |
| Rewards rate | 5% on food and drink, 3% on shopping (monthly caps apply) cash back |
| Welcome bonus | See issuer for the current offer |
| Intro APR | None |
| Regular APR | See issuer |
| Foreign transaction fee | See issuer |
| Credit needed | See issuer |
| Best for | Canadians who spend most on restaurants and shopping |
Key features
- Cash back: 5% on food and drink, 3% on shopping (monthly caps apply)
- Also available as a secured card for people building credit
- Monthly spending caps per category apply, after which the earn rate drops
Pros
- Among the highest headline cash-back rates in Canada
- Secured version available
Cons
- Monthly spending caps limit the bonus rate
- Newer issuer with fewer branches or partners
Before you apply: terms for new cards change quickly. Confirm the current annual fee, rates, rewards and welcome offer on the issuer's official site. CreditCardCompare is an independent comparison resource, not the card issuer, and this is not financial advice.
Sources: www.newswire.ca
How it compares with similar Canada cards
| Card | Annual fee | Rewards | Intro APR | Foreign fee | Credit needed | Rating |
|---|---|---|---|---|---|---|
Neo FinancialNeo World Elite Mastercard… 5117 3495 4122 7513 VALID THRU 09/28JORDAN TAYLOR Neo World Elite Mastercard (Shop & Dine)Canadians who spend most on restaurants and shopping |
C$149/yr | 5% on food and drink, 3% on shopping (monthly caps apply) cash back | None | See issuer | See issuer | — |
Bank of Montreal (BMO)BMO CashBack World Elite Ma… 5461 6543 8707 0295 VALID THRU 02/31ALEX MORGAN BMO CashBack World Elite MastercardGrocery households near the cap who'll use the insurance perks |
C$120/yr | 5% on groceries, 4% on transit, 3% on gas (capped) | Not applicable | 2.5% on foreign currency p… | Good to excellent credit | |
TD Canada TrustTD Cash Back Visa Infinite 4206 3778 4836 9055 VALID THRU 04/31CASEY BROOKS TD Cash Back Visa Infinite CardHigh gas, grocery and bill spenders who'll clear the fee |
C$139/yr | 3% on gas, groceries and recurring bills; 1% elsewhere | Not applicable | 2.5% on foreign currency p… | Good to excellent credit | |
Tangerine BankTangerine Money-Back 5193 9177 9262 5499 VALID THRU 11/28RILEY CHEN Tangerine Money-Back Credit CardNo-fee cashback users who want to pick their own categories |
None | 2% in chosen categories, 0.5% on everything else | Not applicable | 2.5% on foreign currency p… | Good credit |
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