World Elite launch - super soon

Big News! :tada: Introducing the Neo World Elite® Mastercard with a New Cashback Program!

We’re so excited to share this with our amazing community – our Neo World Elite® Mastercard is here, and it’s all about giving you real money back instead of points!

Here’s a sneak peek at what’s in store:
:money_with_wings: Enjoy top-tier cashback rates* on your everyday purchases.
:chart_with_upwards_trend: Earn even more with higher cashback rates and additional rewards at over 10,000 Neo network partners.
:airplane: Plus, take advantage of the fantastic Mastercard World Elite® travel benefits**.

Canada’s cashback scene is getting a serious upgrade, and we can’t wait for you to experience it. Stay tuned for more details on this exciting new card!

  • On select cards. Based on a comparison of the non-promotional gas and grocery rewards earn rate on cashback credit cards as of June 28, 2024. Minimum balance is required to earn the highest rate. Monthly cashback limits apply. More details coming soon.

** Certain terms, conditions and exclusions apply. More details coming soon.

7 Likes

Amazing! When it will be available?

2 Likes

Hey @leorezende!! We’re super eager to launch it! Launch date is still TBD but I will make sure to keep you posted!! :slight_smile:

1 Like

Can you share possible details on who can apply for this card? And is it a credit card?

2 Likes

Would we be able to switch over our regular Neo to the World Elite or will we require a new application?

4 Likes

Hi @Ali thanks for the message! Yes this’ll be a credit card. Eligibility will be based on income level, with a minimum $80,000 individual income or $150,000 household income. Happy to answer anymore questions you might have.

1 Like

Hi @SamanthaGabriela! Great question, we’re working on a new feature to make easy card swaps, there will be some restrictions and requirements to be eligible but the goal is to make it as seamless as possible for our existing users. Will be sharing more details as we get them!

2 Likes

Any updates?

I see some details in the app but a full thread on this new card with all the details would be cool or at least make it easier to decide if it is worth the annual fee.

@Frankholmes not yet! We’re working on a few exciting changes that are still in progress, once confirmed with a more concrete idea of timing I’ll be sharing them here!

2 Likes

Very exciting. Will the card include the possibility of a supplementary card for an additional fee? I currently have this with BMO WE, and would need it in order to consider the switch.

1 Like

@PGA supplemental cards likely won’t be available at launch, but it’s something the team is looking at for the near future!

1 Like

Thanks Craig, I appreciate that it is under consideration. It would be a necessary feature for me to consider the WE card.

2 Likes

It’s official now!
Already earning way more cash back with the W/E card.

It’s not metal but definitely one of my nicer looking cards.

3 Likes

Hey Frank, is the second card in the picture the new world? How long did it take for you to get out of the waiting list?

1 Like

It’s the World Elite Neo card yes.

I got mine almost immediately, I didn’t have to go on a waitlist, it said coming soon and almost immediately once it dropped I got a message on my Neo app… maybe it’s because I already had a Neo account.

Very happy with the card, only major downside is you can’t convert your existing account you have to open an new one which if you don’t have a lot of credit history somewhere else might be a disadvantage for those new to credit as you would have to keep 2 Neo cards.

1 Like

Lets see how much time it takes for mine. I currently hold their regular credit card and money account. I applied only for the world as the world elite didn’t make sense for me.

1 Like

Happy to hear that you love the card! We are currently working on a feature that’ll allow users to swap their Neo credit cards seamlessly (ie. from a standard to a World Elite, or standard to a World Mastercard) without a hard credit check. Coming soon stay tuned for launch dates!

1 Like

Is the waitlist a real thing? and what’s the the online marketing graphics being different than the app graphics and card. Maybe I’m mixing it up but online it shows the world elite card being black with half textured half smooth, where the actual world elite is black on black with a slightly lighter black swirl pattern through it.

New design that is coming Nov 1

Is there any chance that a companion or supplemental card will be available as part of the Nov 1 launch?

1 Like