Neo Financial launches Neo Money Card as Debit Card alternative

For those who prefer to use a debit card but want the rewards that a credit card can offer, the Neo Money card unlocks unlimited cash back at more than 10,000 reward partners for the first time in Canada. Money can easily be accessed using any ATM worldwide and customers can open a Neo Money account in less than 3 minutes from the comfort of their homes.

“Canadians who have been using debit cards have been left behind when it comes to earning rewards when they spend, and we’re thrilled to put more money into Canadians’ pockets with the launch of our Neo Money card,” said Andrew Chau, Co-founder, and CEO, Neo Financial. “Not only can you earn high interest on every dollar you save, but you can also now earn high cashback on every dollar you spend too.”

Neo has built a full suite of products that work seamlessly together to put the power of financial tools in the customers’ hands. Set up Auto-Invest to add money to Neo Invest on a regular basis, add Neo Perks to gain access to exclusive offers, services, and boosted cashback, and track spending in one place. The Neo Money card gives customers instant access to their funds while benefitting from the features of the Neo Money account.