Neo’s cards offer multiple ways to earn cashback. And when you get a Neo Everyday account and add funds, you can get a higher boost level on your everyday essentials.
Go to your Rewards to explore your current cashback rates and ways to boost your cashback.
Ways to earn cashback
There are 3 ways to earn cashback from your Neo Mastercard, Neo World Elite® Mastercard, Neo World Mastercard®, or Neo Money card:
- Shop at Neo partners
- Cashback from gas and grocery
- Cashback from everything else
The ways you can earn cashback and your cashback rates depend on the card. Explore the ways you can earn cashback by going to your Rewards.
Boost cashback with a Neo Everyday account
Neo’s products are designed to work together. By adding funds to a Neo Everyday account, you can boost the cashback rates and get a higher boost level on your Neo Mastercard, Neo World Elite® Mastercard, Neo World Mastercard®, or Neo Money card.
When you add funds to your Neo Everyday account, you’ll get higher cashback rates on gas, grocery, and everything else. The rates depend on which card you have and the current balance of your Neo Everyday account.
What you’ll need
You’ll need a Neo Everyday account and an eligible card to boost your cashback rates. The eligible cards are:
- Neo Mastercard (secured or standard)
- Neo World Elite® Mastercard (secured or standard)
- Neo World Mastercard®
- Neo Money card
The Cathay World Elite® Mastercard isn't eligible for boost levels, but you can still get a Neo Everyday account.
How it works
Your cashback rates will be higher as you add more funds to your Neo Everyday account. Here’s how to get a higher boost level:
- Add funds to your Neo Everyday account.
- Earn cashback when you spend using your card.
- The more funds you add, the more rewards you’ll earn!
You’ll get higher cashback rates on gas and grocery spending. Depending on your card and the total balance of your Neo Everyday account, you may earn cashback in all other categories (other than gas and grocery).
No matter the balance in your Neo Everyday account, you’ll still earn cashback when you shop at Neo partners.
There are monthly spending limits for cashback from gas, grocery, and everything else. When your monthly spending exceeds the limit, you’ll no longer earn cashback in that category for the rest of the month.
FAQs about boosted cashback
Here are some of the frequently asked questions about boosted cashback.
How do I boost my cashback?
You can boost your cashback by adding funds to a Neo Everyday account. You’ll get higher cashback rates for gas and grocery purchases. Depending on your card and the balance in your Neo Everyday account, you may also earn cashback from everything else.
Do I need a Neo Everyday account to earn cashback?
No, you don’t need a Neo Everyday account to earn cashback. But adding funds to a Neo Everyday account will help you boost cashback on gas, grocery, and everything else.
What are my cashback rates?
Your cashback rates depend on the card you have, the total balance in your Neo Everyday account at the time of purchase. Go to your Rewards to view your current cashback rates.
What happens if I have multiple credit cards from Neo?
If you have multiple Neo credit cards (such as both the Neo Mastercard and the Neo Money card), then the cashback rates for both cards can get a higher boost level by adding funds to a Neo Everyday account.
The Cathay World Elite® Mastercard is not eligible for boost levels from the Neo Everyday account.
Will I receive cashback for paying my bills from the Neo Everyday account?
Pre-authorized bill payments on your Neo Everyday account don't earn cashback. You may earn minimum cashback by paying your bills with your Neo Money card or a credit card.