Which card is better for groceries, Neo World Mastercard or Scotia Momentum Mastercard?

The Neo World Mastercard earns 2% on groceries, while the Scotia Momentum Mastercard earns 1%. The better choice depends on your grocery spending and the specific merchants you shop at.

Neo World Mastercard vs Scotia Momentum Mastercard — Which Is Better? | Churnr

Header Quick Take Value Earn Rates Merchants Wallet Bonus FX Benefits Eligibility Perks Downgrade Verdict

Neo World Mastercard wins by $245/yr — strongest in groceries

Neo World Mastercard earns $116 more on groceries
Neo World Mastercard earns $48 more on bills & utilities

Groceries: +$116Bills & Utilities: +$48Gas: +$36

Neo World Mastercard: Groceries cap limits earning — losing ~$12/yr above cap

Neo World Mastercard: $30/yr in foreign transaction fees

Scotia Momentum Mastercard: $30/yr in foreign transaction fees

Showing Year 1 analysis

Dollar Value

Winner

$494

/first year

1.2% effective$41/mo

vs 1% no-fee card: +$76

Annual rewards earned+$524

FX costs−$30

Annual fee−$0

Grocery cap reached at $12,000 — remaining $780 earns at base rate (losing ~$12 vs uncapped)

Total lost to caps: $12/yr across 1 category

$249

/first year

0.6% effective$21/mo

vs 1% no-fee card: −$169

Annual rewards earned+$279

FX costs−$30

Annual fee−$0

Best for your spendingNeo World Mastercard—$494Year 1 value

+$245 more than Scotia Momentum Mastercard

Scroll down for the full breakdown

Earn Rates by Category

Wallet Optimizer

Neither card currently offers a welcome bonus.

Downgrade

Coming soon

The Bottom Line

Neo World Mastercard wins by $245/yr — strongest in groceries

Neo World Mastercard earns $116 more on groceries
Neo World Mastercard earns $48 more on bills & utilities

Groceries: +$116Bills & Utilities: +$48Gas: +$36

Showing Year 1 analysis

Neo World Mastercard wins in both Year 1 and Year 2+ — consistent long-term value.

Things to Consider

Neo World Mastercard: Groceries cap limits earning — losing ~$12/yr above cap

Data Sources

Issuer terms & conditions (verified Feb 2026)

Merchant MCC verification (239 merchants)

Insurance certificates (PDF review)

Reward program documentation

User-reported acceptance data

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