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How to Apply Neo Credit
Because Canadians Deserve Better!
Imagine a time when banking meant getting physically to a bank and to retrieve or deposit some money you would have to queue for a good part of an hour. Now think about how much that’s evolved. Neo Financial is here to spark a similar revolution, but in the world of digital money. Neo Financial is a Canadian fintech company on a mission to change the way you spend, save, and earn. Their goal? To make your financial journey feel like a breeze.
Neo Financial isn’t just about making transactions; They’re shaping the future of finance itself. They know that dealing with money can be complicated, like trying to solve a puzzle without all the pieces. But it doesn’t have to be that way. Their team is on a mission to simplify everything, so managing your money becomes second nature.
So, why did Neo Financial come into existence? Simple: because you, the end user, deserve better. They’re dedicated to crafting top-notch technology and services that prove dealing with finances can be easy and even enjoyable.
Background and Profile of Neo’s Financial System
Neo is a new technology firm that was established in 2019 and was founded by the same individuals who established SkipTheDishes. Neo Financial provides Canadians with a credit card and savings account that do not charge an annual fee. The city of Calgary, in Alberta, serves as Neo’s headquarters.
Neo Financial has attained unicorn status with a valuation of over $1 billion after a funding round led by Valar Ventures, backed by Peter Thiel. The company raised $185 million in this latest funding round, bringing its total funding to date to $235 million. Neo Financial’s platform offers a range of financial products, including a high-interest savings account and a cashback credit card.
The company aims to disrupt the traditional banking sector by providing modern and customer-centric financial services. The recent funding will be used to further develop its product offerings, expand its team, and scale its operations. Neo Financial, has also surpassed the milestone of 1 million customers.
Headquarters Location: Hudson’s Bay | Address: 200 8 Ave SW #400, Calgary, AB T2P 1B5, Canada
Type: Private
Status: Active
Founded: 2019
Website
Benefits of Neo Credit
The Neo Financial Credit Card offer a convenient and flexible way to make purchases without carrying cash. It provides a line of credit that allows you to buy now and pay later, helping you manage expenses and build a positive credit history. With rewards and cashback programs, the Neo Financial Credit Card also offer potential savings on everyday spending. Additionally, it enhances online shopping security and provides valuable purchase protection.
Perks offered by Neo Credit
- Boundless Cashback
Instant and limitless cashback awaits at numerous partner spots. Save it up for later or enjoy it on the spot – the choice is all yours.
- Warm Welcome Rewards
Exclusive welcomes don’t get better than this: think up to 15% cashback on your first-time purchases. It’s an offer that greets you with open arms.
- Steady 5% Cashback
Count on a reliable average of 5% cashback at a whopping 10,000+ partner locations across the nation.
- Globetrotter’s Haven
Jetsetters, rejoice! Gain access to lounges around the world, enjoy 2% cashback on foreign transactions, and even secure a comprehensive travel insurance package that covers trip cancellations and more.
- Limitless Wellness and Mindfulness
Discover your ultimate self through endless online fitness and mindfulness classes. Plus, score additional cashback when you dive into partnered gyms and studios.
- Flavorful Savings on Food & Drink
Delight your taste buds while being kind to your wallet. Savor a 1.25x cashback boost at partnered restaurants, cafés, bars, and even on your go-to food delivery apps.
How to obtain a Neo Credit Card
Sign up in just three simple steps. This should take less than five minutes to complete.
- Ensure that you have a Neo profile. If not, here is where to apply for one.
- Fill out an application for a Neo Credit card.
- Begin your financial independence with Neo.
Who’s eligible to apply for a Neo Credit Card?
When signing up for a Neo product, there are a few conditions to take into consideration, including age, location, and documents.
You can view the information regarding the age requirement right here in order to evaluate whether you are old enough to possess other Neo items.
Information that must be provided for applications of Neo Credit
You will need a photo ID that is currently valid in Canada in order to apply.
Use the Neo app to obtain your Neo Credit card
- Tap Join the Neo app and complete the profile creation process.
- Tap Get the card, then Start 🡲
- Choose Standard credit as your credit type and your rewards program.
- Start by tapping, then input and confirm your personal information.
- To open your account, review your terms and tap Accept.
- To create and confirm your PIN, enter 4 digits.
Get your Neo Credit Card via the web
- Create your profile by going to member.neofinancial.com/signup and following the instructions.
- Select Apply now after tapping “Get the card”.
- Choose “Standard Credit” as the credit type, then click “Start Application”.
- Provide your personal information so that Neo can check your identity.
- To open your account, review your terms and click Accept.
- Create your PIN by entering 4 digits.
NOTE: “Application being examined”. Neo must go through to numerous applications. When your card is ready, they’ll email you. If your application has been flagged as “on revision”, then you can read the reasons for an application being in the review status here.
The Neo Credit Card: Our opinion
What sets Neo apart? Earn an impressive 5% cash back on your regular purchases, directly deposited into an account that offers a remarkable 10 times the interest compared to standard bank accounts.
Neo Financial operates exclusively in the digital realm. If the option to visit a physical bank is crucial for you, a credit card from a major traditional bank might be more suitable. However, if you embrace the simplicity and ease of digital payments, then Neo’s card is tailor-made for your preferences.
This credit card is the epitome of flexibility and simplicity in Canada. With an approval process that’s remarkably swift and accessible to individuals with a credit score as low as 600, it opens doors for many. Its compatibility with Google Pay and Apple Pay adds an extra layer of convenience, and being a Mastercard, it’s accepted wherever Mastercard is. Explore groundbreaking app connectivity that enhances your experience and enjoy an enticing 15% discount on first-time purchases from partner stores. As a cherry on top, new signups also relish a free $25 Cash Bonus.
PRESS HERE TO APPLY THE RBC CASH BACK MASTERCARD