New card program marries top-tier travel perks with innovative financial technology, offering exclusive rewards to Canadian travellers
Neo Financial and Cathay Pacific have partnered to launch a new card program created for Canadian consumers who love to travel. With Canada’s only card that earns Asia Miles, customers will enjoy premium rewards at home and abroad, significant travel benefits and insurances¹, and helpful digital features in the Neo app. Not only that, a secured option is available for newcomers to Canada with guaranteed approval² – no credit history required.
Latest Fintech Interview Global Fintech Interview with Stefania Di Bartolomeo, Founder and CEO at Physis Investment
“Our collaboration with Cathay Pacific not only raises the bar for rewards programs, but it also reflects our commitment to providing extraordinary value to our cardholders in a way that rivals the big banks”
This year, Cathay Pacific celebrated its 40th anniversary of connecting Hong Kong and Canada. The first nonstop service from Hong Kong to Vancouver launched on May 1, 1983. Today, Cathay Pacific offers nonstop service from Toronto and Vancouver to Hong Kong and over 60 destinations, including 16 airports in 15 cities in the Chinese Mainland.
When the program becomes available this fall, Cathay Pacific cardholders will enjoy:
- Welcome offer: Receive up to 45,000 Asia Miles³ – enough to cover a one-way, economy class flight from Vancouver or Toronto to Hong Kong.
- 10% booking discount: For a limited time, get 10% off Canada-origin Cathay Pacific bookings⁴.
- Premium rewards: Earn one Asia Mile per dollar on every purchase in Canada⁵ and double the miles on purchases outside of Canada⁶ and on Cathay Pacific flights⁷. Plus, receive an average of 5x⁸ the Asia Miles at thousands of Neo partners and up to 15x⁸ on first-time purchases.
- Travel benefits⁹: Get priority online check-in, access to airport lounges, in-flight Wi-Fi, and unique and memorable experiences worldwide.
- Significant insurances¹: Enjoy peace of mind with protection against flight cancellation, baggage loss, flight delay, car rental theft and damage, and more!
- Helpful digital features: Access spending insights¹⁰, 24/7 chat support, real-time card management, and proactive alerts and notifications in the Neo app.
Read More About Fintech Interview: Global Fintech Interview with Ralph Dangelmaier, CEO & Board Member at BlueSnap
“Our collaboration with Cathay Pacific not only raises the bar for rewards programs, but it also reflects our commitment to providing extraordinary value to our cardholders in a way that rivals the big banks,” said Andrew Chau, CEO of Neo Financial. “With the new Cathay Pacific card in their wallet, Canadians will have the world at their fingertips, with exciting benefits tailored to their travel and lifestyle needs.”
Paul Smitton, Director Customer Lifestyle, Cathay Pacific, said, ”Our partnership with Neo Financial marks a new milestone in our commitment to serving Canadian travellers, providing greater access to Asia and beyond via Cathay’s network. This is Cathay Pacific’s first cobranded credit card partnership with a fintech. Neo’s ability to provide an instant and best-in-class financial experience for our customers aligns with Cathay Pacific’s ambitions of becoming one of the world’s greatest service brands.”
Browse The Complete Interview About Fintech : Global Fintech Interview with Marc Kuzak, Vice President of Legal at Yapily
[To share your insights with us, please write to sghosh@martechseries.com]
