{"id":52076,"date":"2024-02-24T18:58:41","date_gmt":"2024-02-24T23:58:41","guid":{"rendered":"https:\/\/hardbacon.ca\/?p=52076"},"modified":"2024-05-15T02:49:08","modified_gmt":"2024-05-15T06:49:08","slug":"neo-prepaid-card-review","status":"publish","type":"post","link":"https:\/\/hardbacon.ca\/en\/credit-cards\/neo-prepaid-card-review\/","title":{"rendered":"Neo Prepaid Card Review"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">I signed up for the <a href=\"https:\/\/api.fintelconnect.com\/t\/l\/61859672d3d212001de1dfd0\" rel=\"nofollow noopener\" target=\"_blank\">Neo Money Card<\/a>, commonly referred to as the Neo prepaid card, to see if lives up to the hype. It comes automatically when you open a Neo Money Account and gives you instant access to your cash.  A year later, I love this card and use it frequently. It earns up to 15% cash back and is accepted everywhere that takes Mastercard. Plus, it comes with customizable perks and a free account that earns 1% on deposits. It won\u2019t help you build credit and the account has some limitations. But overall, I\u2019m a very happy customer. Here\u2019s an honest Neo Prepaid Card review based on my personal experience.\u00a0\u00a0<\/p>\n\n\n\n\n\n\n    <div class=\"review-block\">\r\n                    <div class=\"review-block__left\">\r\n                <div class=\"review-block__head\">\r\n                    <div class=\"review-block__head-total\">4.1<\/div>\r\n                    <div class=\"review-block__head-rating\">\r\n                        <div class=\"review-block__head-stars\">\r\n                            <div class=\"review__stars-empty\">\r\n                                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"25\" height=\"25\" viewBox=\"0 0 25 25\" fill=\"none\">\r\n                                    <path d=\"M12.1623 1.95823C12.3294 1.44029 13.0622 1.44029 13.2292 1.95823L15.2942 8.36132C15.369 8.59328 15.5852 8.75031 15.8289 8.74977L22.5567 8.73507C23.1009 8.73388 23.3274 9.4308 22.8864 9.74972L17.4348 13.6923C17.2373 13.8352 17.1548 14.0892 17.2306 14.3209L19.3236 20.7149C19.4929 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                   <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"25\" height=\"25\" viewBox=\"0 0 25 25\" fill=\"none\">\r\n                                    <path d=\"M12.1623 1.95823C12.3294 1.44029 13.0622 1.44029 13.2292 1.95823L15.2942 8.36132C15.369 8.59328 15.5852 8.75031 15.8289 8.74977L22.5567 8.73507C23.1009 8.73388 23.3274 9.4308 22.8864 9.74972L17.4348 13.6923C17.2373 13.8352 17.1548 14.0892 17.2306 14.3209L19.3236 20.7149C19.4929 21.2321 18.9001 21.6628 18.4605 21.342L13.0262 17.3755C12.8293 17.2319 12.5622 17.2319 12.3653 17.3755L6.93105 21.342C6.49147 21.6628 5.89863 21.2321 6.06793 20.7149L8.16093 14.3209C8.23675 14.0892 8.1542 13.8352 7.95671 13.6923L2.50514 9.74972C2.06417 9.4308 2.29061 8.73388 2.83482 8.73507L9.56265 8.74977C9.80637 8.75031 10.0225 8.59328 10.0973 8.36132L12.1623 1.95823Z\" fill=\"#FDCC0D\"\/>\r\n                                <\/svg>\r\n                                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"25\" height=\"25\" viewBox=\"0 0 25 25\" fill=\"none\">\r\n                                    <path d=\"M12.1623 1.95823C12.3294 1.44029 13.0622 1.44029 13.2292 1.95823L15.2942 8.36132C15.369 8.59328 15.5852 8.75031 15.8289 8.74977L22.5567 8.73507C23.1009 8.73388 23.3274 9.4308 22.8864 9.74972L17.4348 13.6923C17.2373 13.8352 17.1548 14.0892 17.2306 14.3209L19.3236 20.7149C19.4929 21.2321 18.9001 21.6628 18.4605 21.342L13.0262 17.3755C12.8293 17.2319 12.5622 17.2319 12.3653 17.3755L6.93105 21.342C6.49147 21.6628 5.89863 21.2321 6.06793 20.7149L8.16093 14.3209C8.23675 14.0892 8.1542 13.8352 7.95671 13.6923L2.50514 9.74972C2.06417 9.4308 2.29061 8.73388 2.83482 8.73507L9.56265 8.74977C9.80637 8.75031 10.0225 8.59328 10.0973 8.36132L12.1623 1.95823Z\" fill=\"#FDCC0D\"\/>\r\n                                <\/svg>\r\n                            <\/div>\r\n                        <\/div>\r\n                        <span class=\"review-block__head-score\">Hardbacon Score<\/span>\r\n                    <\/div>\r\n                <\/div>\r\n                <ul class=\"review-block__items\">\r\n                                            <li class=\"review__item\">\r\n                            <h4 class=\"review__item-title\">Cash Back Rewards<\/h4>\r\n                            <div class=\"review__stars\">\r\n                                <div class=\"review__stars-empty\">\r\n                                    <svg width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                        <g clip-path=\"url(#clip0_1101_81)\">\r\n                                            <path d=\"M9.04521 1.29364C9.17584 0.888589 9.74891 0.888589 9.87954 1.29364L11.4945 6.30111C11.553 6.48251 11.722 6.60531 11.9126 6.60489L17.174 6.59339C17.5996 6.59246 17.7767 7.13749 17.4319 7.38689L13.1685 10.4702C13.0141 10.5819 12.9495 10.7806 13.0088 10.9617L14.6456 15.9621C14.778 16.3665 14.3144 16.7034 13.9706 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height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                        <path d=\"M9.81401 1.29351C9.94464 0.888467 10.5177 0.888467 10.6483 1.29351L12.2633 6.30099C12.3218 6.48239 12.4908 6.60519 12.6814 6.60477L17.9428 6.59327C18.3684 6.59234 18.5455 7.13736 18.2007 7.38677L13.9373 10.4701C13.7829 10.5817 13.7183 10.7804 13.7776 10.9616L15.4144 15.962C15.5468 16.3664 15.0832 16.7033 14.7394 16.4524L10.4896 13.3505C10.3356 13.2381 10.1267 13.2381 9.97276 13.3505L5.72293 16.4524C5.37917 16.7033 4.91555 16.3664 5.04795 15.962L6.68476 10.9616C6.74405 10.7804 6.67949 10.5817 6.52505 10.4701L2.2617 7.38677C1.91684 7.13736 2.09393 6.59234 2.51952 6.59327L7.78095 6.60477C7.97155 6.60519 8.14057 6.48239 8.19908 6.30099L9.81401 1.29351Z\" fill=\"#FDCC0D\"\/>\r\n                                    <\/svg>\r\n                                    <svg width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                        <path d=\"M9.81401 1.29351C9.94464 0.888467 10.5177 0.888467 10.6483 1.29351L12.2633 6.30099C12.3218 6.48239 12.4908 6.60519 12.6814 6.60477L17.9428 6.59327C18.3684 6.59234 18.5455 7.13736 18.2007 7.38677L13.9373 10.4701C13.7829 10.5817 13.7183 10.7804 13.7776 10.9616L15.4144 15.962C15.5468 16.3664 15.0832 16.7033 14.7394 16.4524L10.4896 13.3505C10.3356 13.2381 10.1267 13.2381 9.97276 13.3505L5.72293 16.4524C5.37917 16.7033 4.91555 16.3664 5.04795 15.962L6.68476 10.9616C6.74405 10.7804 6.67949 10.5817 6.52505 10.4701L2.2617 7.38677C1.91684 7.13736 2.09393 6.59234 2.51952 6.59327L7.78095 6.60477C7.97155 6.60519 8.14057 6.48239 8.19908 6.30099L9.81401 1.29351Z\" fill=\"#FDCC0D\"\/>\r\n                                    <\/svg>\r\n                                    <svg width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                        <path d=\"M9.81401 1.29351C9.94464 0.888467 10.5177 0.888467 10.6483 1.29351L12.2633 6.30099C12.3218 6.48239 12.4908 6.60519 12.6814 6.60477L17.9428 6.59327C18.3684 6.59234 18.5455 7.13736 18.2007 7.38677L13.9373 10.4701C13.7829 10.5817 13.7183 10.7804 13.7776 10.9616L15.4144 15.962C15.5468 16.3664 15.0832 16.7033 14.7394 16.4524L10.4896 13.3505C10.3356 13.2381 10.1267 13.2381 9.97276 13.3505L5.72293 16.4524C5.37917 16.7033 4.91555 16.3664 5.04795 15.962L6.68476 10.9616C6.74405 10.7804 6.67949 10.5817 6.52505 10.4701L2.2617 7.38677C1.91684 7.13736 2.09393 6.59234 2.51952 6.59327L7.78095 6.60477C7.97155 6.60519 8.14057 6.48239 8.19908 6.30099L9.81401 1.29351Z\" fill=\"#FDCC0D\"\/>\r\n                                    <\/svg>\r\n                                    <svg width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\r\n                                        <path d=\"M9.81401 1.29351C9.94464 0.888467 10.5177 0.888467 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6.60477L17.9428 6.59327C18.3684 6.59234 18.5455 7.13736 18.2007 7.38677L13.9373 10.4701C13.7829 10.5817 13.7183 10.7804 13.7776 10.9616L15.4144 15.962C15.5468 16.3664 15.0832 16.7033 14.7394 16.4524L10.4896 13.3505C10.3356 13.2381 10.1267 13.2381 9.97276 13.3505L5.72293 16.4524C5.37917 16.7033 4.91555 16.3664 5.04795 15.962L6.68476 10.9616C6.74405 10.7804 6.67949 10.5817 6.52505 10.4701L2.2617 7.38677C1.91684 7.13736 2.09393 6.59234 2.51952 6.59327L7.78095 6.60477C7.97155 6.60519 8.14057 6.48239 8.19908 6.30099L9.81401 1.29351Z\" fill=\"#FDCC0D\"\/>\r\n                                    <\/svg>\r\n                                <\/div>\r\n                            <\/div>\r\n                        <\/li>\r\n                                    <\/ul>\r\n            <\/div>\r\n                            <div class=\"review-block__right\">\r\n                                    <h2 class=\"review-block__title\">At a glance<\/h2>\r\n                                                    <div class=\"review-block__content\"><p>Excellent cash back rewards and interest on deposits. Customize your rewards with various perk bundles and discover new local businesses through the app.<\/p>\n<\/div>\r\n                                                    <a class=\"review-block__link\" href=\"https:\/\/api.hardbacon.ca\/comparators\/direct\/savings-accounts\/60fee79313fd2f260ff90749\/en\" rel=\"nofollow\">Get it Now!<\/a>\r\n                            <\/div>\r\n            <\/div>\r\n    <script type=\"application\/ld+json\">\r\n        {\r\n            \"@context\": \"http:\/\/schema.org\",\r\n            \"@type\": \"Review\",\r\n            \"itemReviewed\": {\r\n            \"@type\": \"SoftwareApplication\",\r\n            \"name\": \"Neo Prepaid Card Review\",\r\n            \"description\": \"I signed up for the Neo Money Card, commonly referred to as the Neo prepaid card, to see if lives up to the hype. It comes automatically when you open a Neo Money Account and gives you instant access to your cash. A year later, I love this card and use it frequently. It earns [&hellip;]\",\r\n            \"image\": \"https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Neo-prepaid-card-review.jpg\",\r\n            \"author\": \"Heidi Unrau\"\r\n            },\r\n            \"reviewRating\": {\r\n            \"@type\": \"Rating\",\r\n            \"ratingValue\": 4.1,\r\n            \"bestRating\": 5,\r\n            \"worstRating\": 0\r\n            },\r\n            \"author\": {\r\n            \"@type\": \"Person\",\r\n            \"name\": \"Heidi Unrau\"\r\n            },\r\n            \"reviewBody\": \"I signed up for the Neo Money Card, commonly referred to as the Neo prepaid card, to see if lives up to the hype. It comes automatically when you open a Neo Money Account and gives you instant access to your cash. A year later, I love this card and use it frequently. It earns [&hellip;]\"\r\n        }\r\n    <\/script>\r\n\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\">Neo Money Card Cash Back Program<\/h2>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">The Neo Money Card, also known as the Neo prepaid card, is a prepaid Mastercard with one of the best cash back programs in Canada. You get a welcome bonus of up to 15% cash back for every first purchase at a Neo partner merchant. And since their partner network boats over 10,000 brands across the country, you can make bank with thousands of welcome bonus opportunities. Some major partner brands include, but are not limited to:<\/p>\n\n\n\n\n\n\n\n<ul class=\"wp-block-list\">\n<li>Hudson\u2019s Bay<\/li>\n\n\n\n<li>Frank and Oak<\/li>\n\n\n\n<li>Sport Check<\/li>\n\n\n\n<li>Clearly<\/li>\n\n\n\n<li>The Body Shop<\/li>\n\n\n\n<li>LCBO<\/li>\n\n\n\n<li>Boston Pizza<\/li>\n\n\n\n<li>Metro<\/li>\n\n\n\n<li>Five Guys<\/li>\n\n\n\n<li>Netflix<\/li>\n\n\n\n<li>Disney+<\/li>\n\n\n\n<li>and thousands more<\/li>\n<\/ul>\n\n\n\n\n\n\n\n<h3 class=\"wp-block-heading\">Base Plan: Free<\/h3>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">The free Base plan offers tons of cash back opportunities that you don\u2019t get with most other <a href=\"https:\/\/hardbacon.ca\/credit-cards\/the-10-best-prepaid-credit-cards-in-canada\/\">prepaid cards in Canada<\/a>. You\u2019ll enjoy up to 5% cash back on the following purchases made at Neo partners:<\/p>\n\n\n\n\n\n\n\n<ul class=\"wp-block-list\">\n<li>Restaurants<\/li>\n\n\n\n<li>Cafes&nbsp;<\/li>\n\n\n\n<li>Bars<\/li>\n\n\n\n<li>Retailers<\/li>\n\n\n\n<li>Delivery<\/li>\n\n\n\n<li>Rideshare<\/li>\n\n\n\n<li>Streaming services<\/li>\n<\/ul>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Gas and groceries earn up to 1% cash back no matter where you shop. Unfortunately, all other purchases outside the Neo partner network do not qualify for cash back.&nbsp;<\/p>\n\n\n\n\n\n\n\n<h3 class=\"wp-block-heading\">Premium: $4.99\/Month<\/h3>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">To unlock higher cash back rates and additional perks, you can upgrade your card to the Premium plan for $4.99 per month. This boosts your cash back rate at Neo partners, earning you an average of 6% on the following purchases:&nbsp;<\/p>\n\n\n\n\n\n\n\n<ul class=\"wp-block-list\">\n<li>Restaurants<\/li>\n\n\n\n<li>Cafes&nbsp;<\/li>\n\n\n\n<li>Bars<\/li>\n\n\n\n<li>Retailers<\/li>\n\n\n\n<li>Delivery<\/li>\n\n\n\n<li>Rideshare<\/li>\n\n\n\n<li>Streaming services<\/li>\n<\/ul>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Gas and groceries earn 3% cash back, no matter where you shop. This time, all other card purchases earn 0.5% cash back. You\u2019ll also enjoy complimentary credit score monitoring, purchase protection, $2,500 life insurance coverage, on-demand access to legal assistance, and priority support.&nbsp;&nbsp;<\/p>\n\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\">Get More With Custom Perk Bundles&nbsp;<\/h2>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Another one of my favourite features of the <a href=\"https:\/\/api.fintelconnect.com\/t\/l\/61859672d3d212001de1dfd0\" rel=\"sponsored nofollow noopener\" target=\"_blank\">Neo Prepaid Mastercard<\/a> is the ability to customize your rewards with perk bundles. These are paid subscription plans that offer additional features based on your preferences. There are 4 perk bundles to choose from:&nbsp;<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Food &amp; Drink:<\/strong> for $1.99\/month you get 6% cash back at restaurants, bars, and cafes as well as 4% cash back on food delivery.&nbsp;<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Travel:<\/strong> for $4.99\/ month you get 2% cash back on foreign purchases, 6% with Neo travel partners, as well as a <a href=\"https:\/\/hardbacon.ca\/travel\/priority-pass-vs-dragon-pass\/\">Priority Pass<\/a> membership for airport lounges, SmartDelay lounge access if your flight is delayed, and several travel insurances.&nbsp;<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Mind &amp; Body:<\/strong> for $9.99\/month you get 8% cash back on health and wellness purchases, free fitness through select Neo partners, access to FitOn PRO, and a Headspace Plus subscription.&nbsp;<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Mobile &amp; Personal Protection:<\/strong> for $9.99\/month you get mobile device insurance, identity theft protection, credit monitoring, as well as password and personal information protection.&nbsp;<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">You can subscribe to multiple bundles at once. There&#8217;s no commitment, you cancel anytime and resubscribe again later. This offers incredible flexibility to maximize your rewards when your spending habits change &#8211; like during that summer vacation and eating out during the high holidays.&nbsp;<\/p>\n\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\">Finding Neo Partners &amp; Cash Back Bonuses<\/h2>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">This is hands down my favourite feature of the Neo Prepaid Card, and it\u2019s an amazing hack if you love to shop local. You can easily find Neo partners near you from the Neo Money app. Just log into your account and go to the <strong>Rewards<\/strong> section.&nbsp;<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">From here, you can explore cash back partners covering almost every shopping category from food and clothes, to wellness, hotels, gas, and more. You\u2019ll find both major national brands as well as small local gems. This feature helped me discover a small locally owned restaurant that has become my new favourite go-to for every occasion.&nbsp;<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Here\u2019s the best part: Neo\u2019s partner merchants often run bonus cash back promotions. By checking the Rewards section regularly, you can scoop amazing cash back deals. I banked almost $60 in JUST CASH BACK on my first few purchases. Here are a few examples:&nbsp;<\/p>\n\n\n\n\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"498\" height=\"815\" src=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/1-Neo-Singletons-Hair.png\" alt=\"screenshot of a Neo Prepaid Card cash back cash offer.\" class=\"wp-image-70187\" srcset=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/1-Neo-Singletons-Hair.png 498w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/1-Neo-Singletons-Hair-183x300.png 183w\" sizes=\"auto, (max-width: 498px) 100vw, 498px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"497\" height=\"633\" src=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/2-Neo-Shell.png\" alt=\"\" class=\"wp-image-70189\" srcset=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/2-Neo-Shell.png 497w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/2-Neo-Shell-236x300.png 236w\" sizes=\"auto, (max-width: 497px) 100vw, 497px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">With the free Base plan, I should only get up to 5% cash back at retailers. But Singleton\u2019s Hair Care gives me 7% for every 3 purchases. And that doesn\u2019t even include the 10% first-purchase bonus.&nbsp;Gas purchases should only give me 1% cash back. But the Shell station by my house gives me 2% cash back.&nbsp;<\/p>\n\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\">Watch Out For Terms, Conditions, and Location Restrictions<\/h2>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">On the downside, cash back perks don\u2019t flow like the Mississippi River. There are usually conditions and restrictions on the offer. Watch out for things like a minimum spend amount, a minimum purchase frequency, a maximum spend amount, and a maximum on earned cash back.&nbsp;<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">For example, Popeye\u2019s Supplements will only give 3% cash back for every $175 spent. Decathlon Canada will only give 4% cash back on every 2 purchases, no matter how much you spend. And Second Cup will only give 4% on every 3 purchases.&nbsp;<\/p>\n\n\n\n\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"826\" height=\"1024\" src=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Second-cup-Neo-Money-1-826x1024.png\" alt=\"\" class=\"wp-image-52097\" srcset=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Second-cup-Neo-Money-1-826x1024.png 826w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Second-cup-Neo-Money-1-242x300.png 242w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Second-cup-Neo-Money-1-768x952.png 768w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Second-cup-Neo-Money-1.png 966w\" sizes=\"auto, (max-width: 826px) 100vw, 826px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"803\" height=\"1024\" src=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Decathlon-Neo-Money-1-803x1024.png\" alt=\"\" class=\"wp-image-52099\" srcset=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Decathlon-Neo-Money-1-803x1024.png 803w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Decathlon-Neo-Money-1-235x300.png 235w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Decathlon-Neo-Money-1-768x979.png 768w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Decathlon-Neo-Money-1.png 952w\" sizes=\"auto, (max-width: 803px) 100vw, 803px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"738\" height=\"1024\" src=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Poppeys-Neo-prepaid-card-1-738x1024.png\" alt=\"\" class=\"wp-image-52101\" srcset=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Poppeys-Neo-prepaid-card-1-738x1024.png 738w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Poppeys-Neo-prepaid-card-1-216x300.png 216w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Poppeys-Neo-prepaid-card-1-768x1066.png 768w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Poppeys-Neo-prepaid-card-1.png 974w\" sizes=\"auto, (max-width: 738px) 100vw, 738px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Also, the availability of cash back offers can vary widely depending on where you are. I\u2019m in Winnipeg, which is a dense urban city. I\u2019ve had no problem finding endless cash back deals that align with my shopping preferences.&nbsp;<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">But my colleague had a completely different experience. She lives in a small town outside Montreal. Her cash back offers are not as plentiful because there are significantly fewer Neo partners. Most of the offers are for stores 30 minutes away or more. The cash back reward would be gobbled up by the cost of gas to drive there. At least the online offers are still interesting when they offer free shipping.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Also, not all locations of a partner offer cash back. This means you have to be careful and double-check when you shop at partner stores.<\/p>\n\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\">How Does The Neo Money Card Work?<\/h2>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">It comes automatically when you <a href=\"https:\/\/api.fintelconnect.com\/t\/l\/61859672d3d212001de1dfd0\" rel=\"nofollow noopener\" target=\"_blank\">open a New Money Account<\/a>. The money in your account is available to spend with your card. So depositing money to your Neo account is what funds your Neo prepaid card. <\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">For new users, the card will automatically be shipped to you upon signup. You\u2019ll also be given the choice to add a virtual version of the card to Google Pay or Apply Pay, which lets you start using it right away while you wait for the physical card.&nbsp;<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">If you already have a Neo Money Account account but don\u2019t have the prepaid card, you can request it. Log into your account and select <strong>Card<\/strong> from the main menu.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">You can use it like you would a debit card. You can access the cash deposited in your Neo Money account and spend it online or in-store without having to manually load funds onto your card. You are not borrowing money, you are simply using the money you already have.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">That means there is no <a href=\"https:\/\/hardbacon.ca\/credit-score\/hard-credit-check-canada\/\">credit check<\/a> required to get the card. That makes the Neo Prepaid Card ideal for anyone who does not qualify for a traditional credit card but wants the same convenience and perks they offer.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">You won\u2019t build a credit history, but you will be able to shop in-store, online, and travel with it. You\u2019ll also be able to book hotels, flights, rental cars, and other things that usually require a credit card &#8211; all while earning cash back.&nbsp;<\/p>\n\n\n\n\n\n\n\n<h3 class=\"wp-block-heading\">Opening Your Neo Money Account<\/h3>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Opening a Neo account takes less than 5 minutes. You\u2019ll need to provide some personal information about your employment, social insurance number (SIN), and financial profile. You will also need to verify your identity, so have your driver\u2019s license or other piece of government-issued ID.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">As soon as you&#8217;re account is activated, you will be able to set up a virtual card so you can make purchases online instantly. You can also add it to your Apple or Google Wallet.<\/p>\n\n\n\n\n\n\n\n<h3 class=\"wp-block-heading\">Activating Your Physical Card<\/h3>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">After <a href=\"https:\/\/api.fintelconnect.com\/t\/l\/61859672d3d212001de1dfd0\" rel=\"nofollow noopener\" target=\"_blank\">opening an account<\/a>, your Neo Money Card will be shipped to you automatically. It can up to 15 business days to receive it. You can view your card\u2019s expected delivery dates in the Neo app or online. To activate your physical card:<\/p>\n\n\n\n\n\n\n\n<ul class=\"wp-block-list\">\n<li>Log in to the Neo app&nbsp;<\/li>\n\n\n\n<li>Tap on the Card tab<\/li>\n\n\n\n<li>Select Activate physical card<\/li>\n\n\n\n<li>Enter the CVC and the expiry date<\/li>\n\n\n\n<li>Make an in-store purchase<\/li>\n<\/ul>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">You\u2019ll need to insert the card and enter the PIN when you make your first purchase. For security reasons, the physical card has a different expiry and CVC number than your virtual car. This means that you&#8217;ll need to update these details for any online payment information you have saved as well as remove and re-add your card to your Google or Apple Wallet.<\/p>\n\n\n\n\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-depositing-money-into-your-account\">Depositing Money Into Your Account<\/h3>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">The easiest way to add funds to your Neo Money account is by <a href=\"https:\/\/hardbacon.ca\/banking\/interac-e-transfers\/\">eTransfer<\/a>, and you can sign up for auto-deposit to make the whole process faster. You can also link an external bank account that you have at another financial institution or have your paycheque directly deposited. <\/p>\n\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\">Features Of The Neo Money Account<\/h2>\n\n\n\n\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"505\" src=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Neo-prepaid-card-dashboard-1024x505.png\" alt=\"\" class=\"wp-image-52087\" srcset=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Neo-prepaid-card-dashboard-1024x505.png 1024w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Neo-prepaid-card-dashboard-300x148.png 300w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Neo-prepaid-card-dashboard-768x379.png 768w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Neo-prepaid-card-dashboard-1536x758.png 1536w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2023\/09\/Neo-prepaid-card-dashboard-2048x1010.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Neo is one of the <a href=\"https:\/\/hardbacon.ca\/banking\/best-neobanks-canada\/\">best neobanks in Canada<\/a>, and Neo Money is one of its flagship products. It&#8217;s a no-fee account, which means you get free everyday transactions and no monthly fees. Neo offers two types of cash accounts: Neo Money and Neo High-Interest Savings. The standard Neo Money account earns 1% interest on every dollar, while the Neo High-Interest account earns a whopping 4% &#8211; one of the highest rates in Canada.<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">You can only have one Neo Money account, but you can open multiple Neo High-Interest Savings Account and create separate savings goals for each. I currently have 2 <a href=\"https:\/\/hardbacon.ca\/banking\/best-high-interest-savings-accounts-canada\/\">High-Interest accounts<\/a> open. On the downside, Neo does not currently offer joint accounts. If they ever do, I\u2019ll probably leave Tangerine and move everything to Neo Money.&nbsp;<\/p>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">The Neo Money App offers great money management features. Auto-save and auto-pay help you stay ahead of your bills by setting up automatic deposits and bill payments. You can also decide what balance stays on your card, ready to spend, and what stays in your account. Other account functions include directly depositing your paycheque, eTtransfers, linking external accounts, and request\/send money to\/from your contacts.&nbsp;<\/p>\n\n\n\n\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"233\" src=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/5-Neo-Money-Functions-1024x233.png\" alt=\"screen shot of the various features of the Neo Money Account\" class=\"wp-image-70191\" srcset=\"https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/5-Neo-Money-Functions-1024x233.png 1024w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/5-Neo-Money-Functions-300x68.png 300w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/5-Neo-Money-Functions-768x175.png 768w, https:\/\/hardbacon.ca\/wp-content\/uploads\/2024\/02\/5-Neo-Money-Functions.png 1037w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">If your Neo prepaid card is ever lost, stolen, or compromised, you can lock it from the app and order a new one. You can also freeze your card anytime, and unfreeze it when you want to make a purchase. Instant purchase notifications warn you if someone else is trying to buy stuff with your card.<\/p>\n\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-fees-amp-transaction-limits\">Fees &amp; Transaction Limits<\/h2>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">The <a href=\"https:\/\/api.fintelconnect.com\/t\/l\/61859672d3d212001de1dfd0\" rel=\"sponsored nofollow noopener\" target=\"_blank\">Neo Money Card<\/a> comes with a no-fee Neo Money Account. While there are still some small fees you may have to pay here and there, it is true to say that it is mostly free. You can hold and transfer large amounts of money so there shouldn&#8217;t be any issue with transfers and bill payments. Your balance can reach $200,000. While traditional banks will punish you with high fees for non-sufficient funds or stopping an e-transfer, Neo understands people make mistakes and has a more forgiving approach.<\/p>\n\n\n\n\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><\/td><td><strong>Fee<\/strong><\/td><td><strong>Limit<\/strong><\/td><\/tr><tr><td>Monthly Account Fee<\/td><td>Free<\/td><td>&#8212;<\/td><\/tr><tr><td>Send &amp; receive&nbsp;<em>Interac&nbsp;<\/em>e-Transfer<\/td><td>Free<\/td><td>$3,000 per outgoing transaction, $10,000 daily\/weekly, $20,000 monthly<\/td><\/tr><tr><td>Electronic Transfers<\/td><td>Free<\/td><td>$30,000 outbound to linked external bank per transaction; $100,000 inbound per transaction<\/td><\/tr><tr><td>Pre-authorized Debit and Bill Pay<\/td><td>Free<\/td><td>$25,000.00 per payment<\/td><\/tr><tr><td>Neo to Neo<\/td><td>&#8212;<\/td><td>$5,000 per transaction, $10,000 daily, $20,000 weekly, $30,000 monthly<\/td><\/tr><tr><td>Non-sufficient funds<\/td><td>Free<\/td><td>&#8212;<\/td><\/tr><tr><td>Stop&nbsp;<em>Interac&nbsp;<\/em>e-Transfer<\/td><td>Free<\/td><td>&#8212;<\/td><\/tr><tr><td>Inactive account<\/td><td>Free<\/td><td>&#8212;<\/td><\/tr><tr><td>Printed version of monthly statement or other documentation<\/td><td>$5 each<\/td><td>&#8212;<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">Neo Money Fees and Limits<\/figcaption><\/figure>\n\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\">Who Is Eligible For The Neo Prepaid Card?<\/h2>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Both the Neo Money Account and its prepaid card are available to all Canadian residents, except in Quebec, who have reached the age of majority in their province\/territory. The card is issued by <a href=\"https:\/\/hardbacon.ca\/banking\/eq-bank-vs-equitable-bank\/\">Equitable Bank<\/a> and the Neo Money account is provided by Concentra Bank, a <a href=\"https:\/\/hardbacon.ca\/banking\/cdic-coverage\/\">CDIC<\/a> member institution. Also, you can withdraw cash from any ATM in the world where Mastercard is accepted.<\/p>\n\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-pros-amp-cons-of-the-card\">Pros &amp; Cons of the Card <\/h2>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Although the <a href=\"https:\/\/api.fintelconnect.com\/t\/l\/61859672d3d212001de1dfd0\" rel=\"sponsored nofollow noopener\" target=\"_blank\">Neo prepaid card<\/a> offers some interesting features, users on TrustPilot and Google are expressing dissatisfaction with various Neo Financial products (mostly credit cards) and customer service. Here&#8217;s our summary of pros and cons.<\/p>\n\n\n\n\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Pros<\/strong><\/td><td><strong>Cons<\/strong><\/td><\/tr><tr><td>No minimum balance<\/td><td>Not made for travellers or multi-currency users<\/td><\/tr><tr><td>No monthly or transaction fees<\/td><td>No paper cheques<\/td><\/tr><tr><td>Earn 1% interest on your balance<\/td><td>Not available in Quebec<\/td><\/tr><tr><td>CDIC insurance<\/td><td>Finding good local cashback partners is not easy in smaller towns<\/td><\/tr><tr><td>High cash back at partners<\/td><td>Hard to talk to customer service<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">Pros and Cons of the Neo Money Card<\/figcaption><\/figure>\n\n\n\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-alternatives-to-the-neo-money-card\">Alternatives to the Neo Money Card<\/h2>\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Because some people still need to use paper cheques, send money abroad, or combine household finances with a joint account, it&#8217;s not the perfect solution for everyone. Consider these two alternatives:<\/p>\n\n\n\n\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-eq-bank-card-for-a-better-interest-rate\">EQ Bank Card &#8211; For a Better Interest Rate<\/h3>\n\n\n\n\n\n\n\t\t<div class=\"relative p-10 rounded-sm shadow-(--shadow) !my-20  md:max-w-[900px] md:mx-auto\">\n\t\t\t\t\t\t\t\t\t<div class=\"md:flex gap-20 items-center\">\n\t\t\t\t<div class=\"shrink-0 md:w-1\/3 flex flex-col items-center justify-center\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/hardbacon-prod.s3.us-east-1.amazonaws.com\/comparators\/63d2cb6a18196b6d2e1928c2_offer_credit_card\" alt=\"Offer Image\" class=\"!my-0 mx-auto\">\n\t\t\t\t\t<a href=\"https:\/\/click.linksynergy.com\/fs-bin\/click?id=rrfvo1Wz0rU&#038;offerid=1115263.14&#038;type=3&#038;subid=0\" class=\"whitespace-nowrap button-link-sm-base button-link-filled text-white no-underline hidden md:block mt-5\" target=\"_blank\" rel=\"noopener noreferrer\">Get it now<\/a>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"text-center md:text-left\">\n\t\t\t\t\t<span class=\"font-medium text-xl md:text-2xl block mb-10\">EQ Bank Card<\/span>\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"font-regular divide-y divide-primary-dark\/10\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"flex justify-between py-2\">\n\t\t\t\t\t\t\t\t\t<span class=\"shrink-0 block font-medium w-[180px]\">offerTitle:<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"text-right\">Earn 0.5% cash back on all purchases with the EQ Bank Card <\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"flex justify-between py-2\">\n\t\t\t\t\t\t\t\t\t<span class=\"shrink-0 block font-medium w-[180px]\">Offer:<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"text-right\">This no-fee prepaid Mastercard has no foreign transaction fees. EQ Bank charges no fees for Canadian ATM withdrawals and reimburses ATM operator fees up to $5 per withdrawal, up to five times per month.<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"text-center md:hidden mt-8\">\n\t\t\t\t<a href=\"https:\/\/click.linksynergy.com\/fs-bin\/click?id=rrfvo1Wz0rU&#038;offerid=1115263.14&#038;type=3&#038;subid=0\" class=\"whitespace-nowrap button-link-sm-base button-link-filled text-white no-underline\" target=\"_blank\" rel=\"noopener noreferrer\">Get it now<\/a>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Like the Neo Money card, the&nbsp;<a href=\"https:\/\/click.linksynergy.com\/fs-bin\/click?id=rrfvo1Wz0rU&amp;offerid=1115263.14&amp;type=3&amp;subid=0\" rel=\"sponsored nofollow noopener\" target=\"_blank\">EQ Bank Card<\/a>&nbsp;is also free to get and has no monthly charges. You can earn more money on your balance with this card. EQ Bank offers a 2.5% interest rate on your balance. However, you only get 0.5% cash back on your purchases. What makes EQ Bank stands apart is its internal money transfer fee structure. In partnership with Wise, you get the real exchange rate (no markups) and pay one small clearly outlined fee for sending a transfer.<\/p>\n\n\n\n\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-koho-prepaid-card-nbsp-for-easier-cashback\">KOHO Prepaid Card&nbsp;\u2013 For Easier Cashback<\/h3>\n\n\n\n\n\n\n\t\t<div class=\"relative p-10 rounded-sm shadow-(--shadow) !my-20 sm:w-[calc(100%-60px)] md:max-w-[900px] md:mx-auto\">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/hardbacon.ca\/en\/credit-cards\/best-credit-cards-canada\/#h-11-koho-prepaid-mastercard-best-card-to-build-credit\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"absolute top-full left-1\/2 transform -translate-y-2\/5 -translate-x-1\/2 sm:-top-22 sm:-right-10 sm:-right-15 sm:left-auto sm:translate-x-0 sm:translate-y-0\">\n\t\t\t\t\t<img decoding=\"async\" class=\"max-w-30 max-h-30 w-auto h-auto\" src=\"https:\/\/hardbacon-prod.s3.us-east-1.amazonaws.com\/comparators\/637cf8206bbb7962c19ae225_offer_cc_badge\" alt=\"Offer Badge\">\n\t\t\t\t<\/a>\n\t\t\t\t\t\t<div class=\"md:flex gap-20 items-center\">\n\t\t\t\t<div class=\"shrink-0 md:w-1\/3 flex flex-col items-center justify-center\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/hardbacon-prod.s3.us-east-1.amazonaws.com\/comparators\/637cf8206bbb7962c19ae225_offer_credit_card\" alt=\"Offer Image\" class=\"!my-0 mx-auto\">\n\t\t\t\t\t<a href=\"https:\/\/kohofinancial.pxf.io\/c\/445127\/1277606\/15676?adtype=textlink&#038;adnetwork=Impact\" class=\"whitespace-nowrap button-link-sm-base button-link-filled text-white no-underline hidden md:block mt-5\" target=\"_blank\" rel=\"noopener noreferrer\">Get it now<\/a>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"text-center md:text-left\">\n\t\t\t\t\t<span class=\"font-medium text-xl md:text-2xl block mb-10\">KOHO Prepaid Mastercard Essential<\/span>\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"font-regular divide-y divide-primary-dark\/10\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"flex justify-between py-2\">\n\t\t\t\t\t\t\t\t\t<span class=\"shrink-0 block font-medium w-[180px]\">Annual Fee:<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"text-right\">$48 (with an initial 30-day free trial, then $4\/month or $48\/year).<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"flex justify-between py-2\">\n\t\t\t\t\t\t\t\t\t<span class=\"shrink-0 block font-medium w-[180px]\">Annual Fee Promotion:<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"text-right\">$0 if you deposit $1,000 per month to your KOHO Essential account OR set up a Recurring Direct Deposit.<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"flex justify-between py-2\">\n\t\t\t\t\t\t\t\t\t<span class=\"shrink-0 block font-medium w-[180px]\">Offer:<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"text-right\">Earn 1% cash back on transportation, groceries, and restaurants. Plus, start 30 day free trial.<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"flex justify-between py-2\">\n\t\t\t\t\t\t\t\t\t<span class=\"shrink-0 block font-medium w-[180px]\">Special Offer:<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"text-right\">Get $20 when you sign up for a KOHO account with code HARDBACON and unlock 5% savings interest!* Conditions apply.<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"text-center md:hidden mt-8\">\n\t\t\t\t<a href=\"https:\/\/kohofinancial.pxf.io\/c\/445127\/1277606\/15676?adtype=textlink&#038;adnetwork=Impact\" class=\"whitespace-nowrap button-link-sm-base button-link-filled text-white no-underline\" target=\"_blank\" rel=\"noopener noreferrer\">Get it now<\/a>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">The KOHO prepaid Mastercard is also free if you choose the Easy plan. It works in the same way as the Neo Money card and the EQ Bank card. The&nbsp;<a href=\"https:\/\/hardbacon.ca\/en\/financial-institutions\/koho-financial-2\/credit-cards\/koho-easy-card\/\">Easy<\/a>&nbsp;plan offers 1% cashback on groceries and transportation. It is not huge, but you also earn 0.5% interest on your entire balance. However, you should know that it charges a 1.5% conversion fee for foreign currency transactions.<\/p>\n\n\n\n\n\n\n\n\n","protected":false},"excerpt":{"rendered":"<p>I signed up for the Neo Money Card, commonly referred to as the Neo prepaid card, to see if lives up to the hype. It comes automatically when you open a Neo Money Account and gives you instant access to your cash. A year later, I love this card and use it frequently. It earns [&hellip;]<\/p>\n","protected":false},"author":67,"featured_media":52130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,206,233],"tags":[],"class_list":["post-52076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-credit-cards","category-no-fee-credit-cards","category-prepaid-credit-card"],"acf":{"has_no_offer_box":"0"},"_links":{"self":[{"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/posts\/52076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/comments?post=52076"}],"version-history":[{"count":0,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/posts\/52076\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/media\/52130"}],"wp:attachment":[{"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/media?parent=52076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/categories?post=52076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hardbacon.ca\/en\/wp-json\/wp\/v2\/tags?post=52076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}