Neo Mastercard^®

Part 1: Neo Mastercard® Cash Back Value per Canadian Dollar

• All Redemptions: 1 Cash Back Dollar = $ 1 CAD when redeemed or cashed out. The cash back is earned instantly after each purchase and can be used as statement credit or transferred to your Neo Everyday account.

Part 2: Neo Mastercard® Cash Back Value per 100 Canadian Dollars

• All Redemptions: 100 Cash Back Dollars = $ 100 CAD

Part 3: Summary for Best Value

• Choose the Right Plan: Depending on your cash balance in the Neo Everyday account, you can earn higher cash back rates. For instance, holding $ 10,000 or more might unlock the highest rates.
• Shop at Neo Partners: Use the card at Neo's partnered retailers where you can earn significantly higher cash back rates, often up to 6% or more for first-time purchases or special offers.
• Upgrade to Premium: For an additional fee, the Premium plan offers boosted cash back rates across all categories, potentially increasing your overall rewards.
• Use Perks: Add perks for specific spending categories like travel or dining, which can further enhance the cash back earned in those areas.

Part 4: Neo Mastercard® Cash Back Earned per $ 1000 Spending by Category

• Gas and Groceries (with $ 10,000 in Neo Everyday Account): 40 Cash Back Dollars per $ 1,000 spent (4% cash back).
• All Other Purchases (with $ 10,000 in Neo Everyday Account): 10 Cash Back Dollars per $ 1,000 spent (1% cash back).
• Neo Partner Retailers: Can range from 1% to 15% or more on first-time purchases, with an average of about 5% cash back after that, depending on the partnership deal.