Neo Financial introduces new benefits

Canadian digital bank Neo Financial has introduced new subscription-based bundled rewards that can be added to the Neo Card.

Users can now choose from a variety of subscription bundles designed for different categories such as cashback, food and drink, fitness, as well as two insurance-related categories – travel and device/identity protection.

The travel bundle includes worldwide lounge access, 2% cashback on all foreign transactions, and comprehensive travel insurance coverage from Chubb including emergency travel medical, trip cancellation, car rental protection, flight delay, and more.

The device/identity protection offers credit monitoring and coverage against damage, breakdowns, and theft. The service is provided by Cyberscout, a TransUnion company.

“Neo has always believed in technology to allow people to get more out of their money. With the launch of our subscription-based Neo Bundles, we’re empowering our members to personalize their own rewards experience through a whole new market of partner-based benefits that suit all lifestyles.” – Andrew Chau, co-founder and CEO of Neo Financial.