Hey everyone! Continuing the trend with more card comparisons coming your way. If you’re looking to maximize cashback on groceries and everyday essentials, you may have considered the Neo World Elite and TD Cash Back Visa Infinite* Card—so, which one really gives you the most back?
Let’s break it down first by the basics:
| Category | Neo World Elite® Mastercard | TD Cash back Visa Infinite* Card |
|---|---|---|
| Grocery | 5% | 3% |
| Gas/EV | 3% | 3% |
| Recurring Bills | 4% | 3% |
| Other | 1% | 1% |
| Fee (annualized) | $125 | $139 |
| Income requirements | $80,000 for individuals, or $150,000 for households | $60,000 for individuals, or $100,000 for households |
| Spend cap | Calculated monthly: $1,000 groceries, $1,000 gas, $500 recurring payments | Calculated annually: $15,000 groceries, $15,000 gas, $15,000 recurring payments |
Now let’s break it down using an average monthly spend amount, and we can see how much cashback each card gives:
| Category | Avg Monthly Spend | Neo World Elite® Mastercard | TD Cash Back Visa Infinite* Card |
|---|---|---|---|
| Grocery | $600.00 | $30.00 | $18.00 |
| Gas/EV | $236.00 | $7.08 | $7.08 |
| Recurring bills | $176.00 | $7.04 | $5.28 |
| Transit | $110.00 | $1.10 | $1.10 |
| Other | $1052.00 | $10.52 | $10.52 |
| Total per month | $2218.00 | $57.06 | $41.98 |
| Avg Partner Network Cashback/month | $13.52 | ||
| TOTAL Cashback per year | $831.12 | $503.76 | |
| Fee | $125 | $139 | |
| Cashback minus fee | $706.12 | $364.76 |
Finally, the power of the Neo Partner Network.
This is where Neo sets the bar even higher. Unlocking even more cashback at places you already spend money at. With over 10,000 partner stores, you’re getting extra cashback on top of what you are already earning from your Neo World Elite Mastercard. On average Neo users are getting $13.52 of extra cashback per month!! We’re talking extra cashback on gas, local grocery stores, restaurants etc. That’s extra money in your pocket! Something TD simply can’t match.
Here are some examples 
| Neo Partner Stores | First Purchase | Afterwards | Example Spend | Cashback you get |
|---|---|---|---|---|
| Shell | 1% Cashback (every $200 spent) | 1% Cashback (every $200 spent) | $236.00 | $9.44 (you get 3% via gas category & 1% via Shell) |
| Pet Valu | 10% Cashback (up to $10 back) | 2% Cashback (every 2 purchases) | $72.99 | $7.30 |
| A&W | 15% Cashback (up to $10 back) | 5% Cashback (every 2 purchases) | $25.38 | $3.81 |
In the above table are only a few examples that most of you will recognize…but keep in mind we have thousands of partner stores!!
Who should pick Neo?
If you want the highest cashback on recurring payments and groceries, Neo wins.
With Neo World Elite, cashback is rewarded instantly, while with the TD Cash Back Visa Infinite* Card, you’ll need to reach a minimum balance before redeeming.
With 10,000+ partner stores, Neo gives you even more cashback. That’s real extra cashback you’re leaving on the table….why settle for less?
Hope this was helpful, everyone! Feel free to share your thoughts, and let me know which card comparison you’d like to see next!