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Neo World Mastercard® - Shop & Dine

Neo World Mastercard® - Shop & Dine

NeoCash Back
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on Neo's website

Annual Fee
$0
Welcome Bonus
—
Bonus Value
—
Estimated value
1st Year Value
$150

Pros & Cons

Pros

  • +Purchase protection included
  • +Travel medical insurance included
  • +No annual fee

Cons

  • –Foreign Transaction Fee (2.5%)

Our Review

The Neo World Mastercard® – Shop & Dine is for those who spend more on dining and retail. You earn 2% cash back on restaurant outings, takeout, and retail purchases, plus 0.5% on all your other purchases.

With no annual fee, it transforms your everyday meals and purchases into cash back, with no points to manage. Neo’s network of over 10,000 partners enhances your earnings, and the cash back accumulates in your Neo wallet, ready to be used at any time.

Please note: purchases on Amazon and at warehouse stores are not eligible for the retail rate.

Rewards

All Spending

0.5x

Cash Back pts per dollar

Entertainment

2x

Office

2x

Credit Card Rewards Calculator

See how much you could earn with this card based on your spending.

Groceries0.50%
$700/month
Gas & EV0.50%
$200/month
Transit0.50%
$100/month
Restaurants0.50%
$300/month
Pharmacy0.50%
$50/month
Travel0.50%
$150/month
Bills & recurring payments0.50%
$250/month
Telecom0.50%
$150/month
Entertainment & streaming0.50%
$100/month
Office supplies2.00%
$0/month
All other spending0.50%
$500/month

Cashback earned

$150

$/yr

Estimated Value

$150

After Fees

+$150

1st Year Value

$150

incl. welcome bonus

Annual rewards breakdown

Groceries$8,400/yr × 0.50%$42
Gas & EV$2,400/yr × 0.50%$12
Transit$1,200/yr × 0.50%$6
Restaurants$3,600/yr × 0.50%$18
Pharmacy$600/yr × 0.50%$3
Travel$1,800/yr × 0.50%$9
Bills & recurring payments$3,000/yr × 0.50%$15
Telecom$1,800/yr × 0.50%$9
Entertainment & streaming$1,200/yr × 0.50%$6
Office supplies$0/yr × 2.00%$0
All other spending$6,000/yr × 0.50%$30
Total annual spend$30,000
Monthly spend$2,500
Average earn rate on spend per year0.50%
Total cashback earned$150

Travel Insurance

✓

Travel Medical

Up to $1,000,000 / 14 days

Purchase Protection

✓

Purchase Protection

Up to $1,000 / 90 days

✓

Extended Warranty

+1 year(s)

Interest Rates

  • Purchase Rate
    19.99%
  • Cash Advance
    22.99%
  • Foreign Transaction Fee
    2.5%

Eligibility

Personal Income

$50,000

Household Income

$80,000

Terms & Conditions

Card Features

  • 2% cash back on restaurants, bars, and fast food (up to $500/month, then 0.5%)
  • 2% on retail: clothing, footwear, electronics, home and garden, and more (up to $500/month, then 0.5%)
  • 0.5% cash back everywhere else, with no cap
  • Additional cash back at over 10,000 Neo network partners (5% on average, up to 15%)
  • Instant credit limit up to $30,000
  • No annual fee ($0)
  • Secured option to build credit history (same cash back rates)

Legal

Conditions Apply. See the application for complete details.

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Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. EducFinance may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 Neo. All trademarks are property of their respective owners.