Find thousands of opportunities to earn cashback with Neo! With multiple ways to earn instant cashback, Neo rewards you for shopping at local shops, big box stores, and everything in between.
Go to Rewards to view the ways you can earn cashback (and the latest cashback rates).
Ways to earn cashback
You can earn cashback when you use an eligible card at Neo partners or on eligible purchases. Here are the ways to earn cashback:
Shop at Neo partners: Find cashback offers at thousands of Neo partners across Canada. Here's more information about earning cashback at Neo partners.
Cashback from popular categories: Earn cashback when you shop for gas and groceries. You may also earn cashback from recurring payments, like utility bills and phone plans.
Cashback from everything else: Depending on your plan or card, you can earn cashback from every purchase.
Eligible cards to earn cashback
Simply use an eligible card to earn instant cashback. The eligible cards are:
- Neo Credit card (standard and secured)
- Neo World Elite® Mastercard (standard and secured)
- Neo Money card
- Hudson’s Bay Mastercard
Use the same card for cashback offers
Cashback offers need to be started and completed using the same card. For example, if you start a cashback offer using your Neo Credit card, then you need to use the same card to complete the cashback offer.
Cashback from popular categories
Earn cashback whenever you shop in popular categories, including gas and groceries. Go to your Rewards to view your current cashback rates.
Cashback from recurring payments
Some cards are also eligible for cashback from recurring payments, such as utility payments, gym memberships, and phone or Internet subscriptions.
Not all scheduled payments may be considered recurring by the merchant, so confirm with the merchant if the transaction is considered recurring. If the transaction isn't marked as recurring by the merchant, then the purchase isn't eligible for cashback. Contact the merchant to see if the merchant can mark an ongoing or scheduled payment as a "recurring payment".
Spending limits for cashback
There may be spending limits for cashback from popular categories (gas, groceries, and recurring payments) and cashback from every purchase. If you spend more than the limit within 1 month, then subsequent spending in that category isn't eligible for cashback (or eligible for cashback at a lower rate).
The spending limits are monthly and reset at the beginning of each month.
Spending limits for the Neo Credit card
- Gas: If you spend more than $333 on gas in 1 month, then the cashback rate is 0% for all subsequent spending.
- Groceries: If you spend more than $333 on groceries in 1 month, then the cashback rate is 0% for all subsequent spending.
Spending limits for the Neo World Mastercard®
- Gas: If you spend more than $1,000 on gas in 1 month, then the cashback rate is 0.5% for all subsequent spending.
- Groceries: If you spend more than $1,000 on groceries in 1 month, then the cashback rate is 0.5% for all subsequent spending.
- Recurring payments: If you spend more than $500 on recurring payments in 1 month, then the cashback rate is 0.5% for all subsequent spending.
- Everything else: If you spend more than $2,500 in all other categories in 1 month, then the cashback rate is 0.5% for all subsequent spending.
Spending limits for the Neo World Elite® Mastercard
- Gas: If you spend more than $1,000 on gas in 1 month, then the cashback rate is 1% for all subsequent spending.
- Groceries: If you spend more than $1,000 on groceries in 1 month, then the cashback rate is 1% for all subsequent spending.
- Recurring payments: If you spend more than $500 on recurring payments in 1 month, then the cashback rate is 1% for all subsequent spending.
- Everything else: If you spend more than $3,333 in all other categories in 1 month, then the cashback rate is 1% for all subsequent spending.
Boost your cashback rates 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 for your Neo Credit card, Neo Money card, or Neo World Elite® Mastercard.
Here's how to boost your cashback rates.
Boosted cashback with a Neo Everday account is only available with the Neo Credit card, Neo Money card, and Neo World Elite® Mastercard.
Cash out anytime
Any cashback you earn will be instantly added to your Rewards Wallet. Here’s how to view your earned rewards.
There are 3 ways to cash out:
- Use the cashback in the Neo Store to buy exclusive items or deals.
- Cash out to your credit card
- Transfer the cashback to your Neo Everyday account
Here’s how to cash out your cashback.