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 Credit card, 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 your cashback
You can get higher cashback rates by boosting your cashback. There are 2 ways to boost your cashback:
- Get a Neo Everyday account and add funds
- Add perks to your card
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 Credit card, 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.
Use the cashback calculator to explore how much cashback you can earn!
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 Credit card (secured or standard)
- Neo World Elite® Mastercard (secured or standard)
- Neo World Mastercard®
- Neo Money card
The Hudson’s Bay Mastercard and the Cathay World Elite® Mastercard aren'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.
Boost cashback with perks
Add perks to your card to boost your cashback on the purchases that matter most to you. If you love to travel, there are perks that'll reward your trips. If you love dining out, there are perks that’ll reward purchases on food and drink.
You can also add additional benefits to your card (like premium app subscriptions) to personalize your card based on your lifestyle.
Here’s the step-by-step guide to manage the perks on your card.
FAQs about boosted cashback
Here are some of the frequently asked questions about boosted cashback.
How do I boost my cashback?
There are 2 ways to boost your cashback:
- Add 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.
- Get perks: Add perks to your card to get boosted cashback rates at select Neo partners.
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, and the perks you have. Go to your Rewards to view your current cashback rates.
You can also use the cashback calculator to explore how much cashback you can earn.
What happens if I have multiple credit cards from Neo?
If you have multiple Neo credit cards (such as both the Neo Credit card 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 Hudson’s Bay Mastercard and the Cathay World Elite® Mastercard are 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.