Cathay World Elite Mastercard – Powered by Neo

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Click to Learn More and Apply for the Cathay World Elite® Mastercard – Powered by Neo!

Aeroplan collectors looking to diversify their points strategy should take note of an exciting new offer! Neo and Cathay have launched an increased welcome bonus on the Cathay World Elite® Mastercard, giving you the opportunity to earn up to 40,000 Asia Miles. 

• 20,000 Asia Miles upon approval.
• 20,000 additional Asia Miles when you spend $5,000 in the first 90 days.

With an annual fee of $180, this premium credit card provides a compelling offer for those who travel frequently with Cathay Pacific or other oneworld airlines.

• An average of 5 Asia Miles per $1 spent at thousands of Neo partner merchants across Canada.
• 2 Asia Miles per $1 spent on purchases in foreign currencies.
• 2 Asia Miles per $1 spent on Cathay Pacific flights.
• 1 Asia Mile per $1 spent on everyday purchases in Canada.

For those who frequently spend in foreign currencies or travel internationally, these earning rates can quickly add up to free flights.

The real value of this card lies in the ability to redeem Asia Miles for premium short-haul flights within Asia or long-haul flights in economy.

Cathay Pacific operates direct flights from Toronto (YYZ) and Vancouver (YVR) to Hong Kong (HKG), and Asia Miles can be redeemed for economy, premium economy, business, and first-class tickets. The program also offers redemptions on oneworld alliance airlines, including British Airways, American Airlines, Qatar Airways, and even select Air Canada routes.

Sample Economy Award Fares:
✈ Vancouver to Hong Kong – starting at just 27,000 Asia Miles
✈ Toronto to Hong Kong – starting at only 38,000 Asia Miles 

For the best value, focus on using Asia Miles for short-haul premium flights within Asia or for long-haul economy flights, where redemptions often provide excellent value compared to cash fares. Booking early and remaining flexible with your dates will help secure these high-value redemptions.

One of the standout perks of this card is the up to 15% discount on Cathay Pacific flights. Cardholders can use promo code CXNEO15OFF when booking Cathay Pacific flights from Canada to destinations across Asia, Australia, and beyond.

Discount Breakdown:

Western Canada (YVR, YYJ, YLW, YYC, YEG, etc.)

• 10% off Business & Premium Economy
• 15% off Flex/Essential Economy
• 5% off Economy Light

Eastern Canada (YYZ, YUL, YOW, YHZ, etc.)

• 10% off Business & Premium Economy
• 5% off Flex/Essential Economy

This discount applies to both one-way and round-trip bookings, making it easier to save on flights to Hong Kong, Japan, Thailand, Australia, and more.

As a World Elite Mastercard, this card comes with several premium perks, including:

• Mastercard Travel Pass by DragonPass – Discounted lounge access at 1,300+ lounges worldwide ($32 USD per visit).
• FlexiRoam Global Data Roaming – Up to 15% off global data plans + 3GB of free data.
• Fubo Discount – Save $30 on your first three months of FuboTV.
• H&R Block Discount – Save up to 30% on tax preparation.
• Booking.com Discount – Up to 7% off prepaid hotel stays.