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Neo World Mastercard® - Gas & Grocery

Neo World Mastercard® - Gas & Grocery

NeoCash Back
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on Neo's website

Annual Fee
$0
Welcome Bonus
—
Bonus Value
—
Estimated value
1st Year Value
$357

Pros & Cons

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

Gas

2x

Recurring

2x

Credit Card Rewards Calculator

See how much you could earn with this card based on your spending.

Groceries2.00%
$700/month
Gas & EV2.00%
$200/month
Transit0.50%
$100/month
Restaurants0.50%
$300/month
Pharmacy0.50%
$50/month
Travel0.50%
$150/month
Bills & recurring payments2.00%
$250/month
Telecom0.50%
$150/month
Entertainment & streaming0.50%
$100/month
Office supplies0.50%
$0/month
All other spending0.50%
$500/month

Cashback earned

$357

$/yr

Estimated Value

$357

After Fees

+$357

1st Year Value

$357

incl. welcome bonus

Annual rewards breakdown

Groceries$8,400/yr × 2.00%$168
Gas & EV$2,400/yr × 2.00%$48
Transit$1,200/yr × 0.50%$6
Restaurants$3,600/yr × 0.50%$18
Pharmacy$600/yr × 0.50%$3
Travel$1,800/yr × 0.50%$9
Bills & recurring payments$3,000/yr × 2.00%$60
Telecom$1,800/yr × 0.50%$9
Entertainment & streaming$1,200/yr × 0.50%$6
All other spending$6,000/yr × 0.50%$30
Total annual spend$30,000
Monthly spend$2,500
Average earn rate on spend per year1.19%
Total cashback earned$357

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 Rate
    19.99%
  • Cash Advance
    22.99%
  • Foreign Transaction Fee
    2.5%

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. François Charron 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.