Pros & Cons
Pros
- +Up to 5x on Groceries
- +Purchase protection included
- +Travel medical insurance included
Cons
- –High annual fee ($149/yr)
- –Foreign Transaction Fee (2.5%)
- –No airport lounge access despite fee
Our Review
Maximize your rewards with the Neo World Elite® Mastercard – Gas & Grocery. Earn up to 5% cash back on groceries, 4% on recurring payments, 3% on gas and electric vehicle charging, and 1% on everything else.
Benefit from comprehensive insurance coverage, including extended warranty, purchase protection, and travel insurance. In addition, receive a DragonPass membership for access to airport lounges worldwide.
With an instant credit limit of up to $30,000 and additional cash back at over 10,000 Neo partners, your essential spending becomes more rewarding.
Travel insurance is not available to Quebec residents. DragonPass membership is included; fees apply for each lounge visit.
Rewards
All Spending
1x
Cash Back pts per dollar
Groceries
5x
Recurring
4x
Gas
3x
Credit Card Rewards Calculator
See how much you could earn with this card based on your spending.
Cashback earned
$774
$/yr
Estimated Value
$774
After Fees
+$625
1st Year Value
$625
incl. welcome bonus
Annual rewards breakdown
Travel Insurance
Travel Medical
Up to $1,000,000 / 14 days
Trip Cancellation
Up to $1,000
Trip Interruption
Up to $1,000
Delayed Baggage
Up to $1,000
Lost Baggage
Included
Flight Delay
Up to $250
Hotel Burglary
Up to $1,000
Travel Accident
Up to $100,000
Purchase Protection
Purchase Protection
Up to $1,000 / 90 days
Extended Warranty
+1 year(s)
Auto Rental
Up to $65,000 / 48 days
Interest Rates
- Purchase Rate19.99%
- Cash Advance22.99%
- Foreign Transaction Fee2.5%
Eligibility
Personal Income
$80,000
Household Income
$150,000
Terms & Conditions
Card Features
- 5% cash back on groceries (up to $1,000/month, then 1%)
- 4% on recurring payments (up to $500/month, then 1%)
- 3% on gas and electric vehicle charging (up to $1,000/month, then 1%)
- 1% cash back everywhere else, with no cap
- Mastercard World Elite® travel benefits: collision/damage insurance for car rentals, comprehensive travel insurance and DragonPass membership
- Additional cash back at over 10,000 Neo network partners (5% on average, up to 15%)
- Instant credit limit up to $30,000
- Annual fee of $149
- 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. Protégez-vous 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.