Neo Financial is a financial technology company in Canada that offers innovative savings and credit card products.
When you open an account using our Neo Financial promo code link, you get up to a $45 $35 cash bonus.
This Neo sign-up bonus is paid out after your credit card application is approved.
Read on to learn about how Neo Financial works and how to score the best Neo Financial coupons and promotions this year.
Neo Financial Promo Code ($35)
Here’s how to get a $35 sign-up bonus with Neo Financial:
- Visit Neo Financial here to sign up for the Neo Credit Mastercard or Neo Secured Card
- Complete the application form online (it takes only a few minutes)
- Approvals are fast, and you can usually begin using your digital/virtual credit card right away
- A physical credit card is mailed to your address
- You receive a $25 cash bonus
- Open a free Neo Money account to earn interest on your savings and deposit at least $50. Get an extra $10 bonus, for a total $35 sign-up bonus
No promo code or coupon code is required; simply sign up using the referral link provided above.
Neo Financial Overview
Neo Financial is a fintech established in 2020.
It was founded by Andrew Chau and Jeff Adamson, two co-founders of SkipTheDishes, and it has partnerships with Mastercard, Concentra Bank, and ATB Financial.
The company offers several financial products, including:
- Neo Card: A regular credit card and a secured credit card
- Neo Money: A spending and savings account
- Neo Invest: A robo-advisor investment account and platform provided in partnership with OneVest
Neo Credit Mastercard
The Neo Financial Credit Card is one of the best no-fee cash back rewards cards in Canada.
It offers an average of 5% unlimited cash back at Neo partners and a minimum of 0.50% cash back on all purchases (up to $50 cash back monthly).
Neo is affiliated with more than 10,000 retailers, and you receive a 15% welcome bonus cash back when you make your first purchase at most of these partners.
When you sign up for the card, you also get a $25 bonus.
Neo Money
Neo Savings is now known as Neo Money.
This hybrid account pays 1.00% interest on your balance and includes unlimited deposits, Interac e-Transfers, and bill payments.
There is no minimum balance or monthly fee, and you get a free prepaid Mastercard you can use like a debit card.
After opening a Neo Money account, funding it with $50 or more, and making any purchase, you get a $10 bonus.
You can view your Neo Credit card and Neo Money accounts and manage them using the Neo Financial app.
Neo now also has a separate high interest savings account that pays 4.00% on your balance.
Neo Financial Referral Program
In addition to the Neo Financial sign-up bonus of $35, you can benefit from other Neo promotions and its referral program.
Neo clients can share their referral links and codes with friends and earn a bonus for each person that joins.
You and your friend will get a $25 bonus when they sign up using your referral link.
Pros of Neo Financial
The benefits of Neo Financial:
- High cash back rates when you spend with the Neo Card
- No annual fees
- High-interest rates on savings
- You can apply for a credit card with a credit score of 600 or higher
- Up to $35 sign-up bonus
Cons of Neo Financial
The downsides of Neo Financial are:
- Neo Money does not support mobile cheque deposits
- Neo Money is not available in Quebec
- The purchase APR on the Neo Card is up to 28.99%
Neo Financial Review
My review of Neo Financial is positive. If you are looking for a guaranteed approval credit card, the Neo Card is a top choice.
Alternative cards for earning cash back rewards while paying no annual fees are:
KOHO Prepaid Mastercard:
KOHO Prepaid Mastercard
$40 welcome bonus after first purchase (use GETCASH promo code during sign-up)
$0 monthly fee*
Earn up to 5% unlimited cash back
Get 5% savings interest on your balance
Unlimited Interac e-Transfers and debit transactions
Free budgeting app and access to credit building
EQ Bank:
EQ Bank Card
Rewards: Earn 0.50% cash back on all purchases and up to 3.75% savings interest on your entire balance.
Perks: Free ATM transactions in Canada, no foreign currency transaction fees abroad, and unlimited transactions.
Interest rate fee: 0%
Annual fee: $0
Neo Financial Referral FAQs
Simply sign up using this link to get up to a $35 Neo referral bonus. A referral code is not required.
Yes, the Neo Card is a real credit card licensed by Mastercard. You can use it to pay and make purchases at millions of locations worldwide.
Neo Financial has partnerships with thousands of retailers and stores across Canada, including Hudson’s Bay, Netflix, Amazon, Boston Pizza, Earls, and more.
Yes, Neo Financial reports your credit history to TransUnion.
