Everyone needs a fallback plan.
Balance protection insurance can help cover your credit card payments when the unexpected happens.

Protect your credit, protect your future
Balance protection is optional coverage¹ you can add to any Neo credit card. It can cover your minimum monthly payments or your full outstanding balance in times of hardship. You can cancel anytime².

What balance protection covers
Balance protection insurance covers up to $30,000 total benefits³ per card.
- Job loss
If you lose your job involuntarily (including self-employment), coverage may cover your minimum payments for up to 12 months³.
- Disability
If an accident, illness, or disability keeps you from working, coverage may cover your minimum payments for up to 12 months³.
- Critical illness and life
If you’re diagnosed with a critical illness, suffer a covered injury, or pass away, coverage may pay off your full outstanding balance³.
- Lifetime milestones
Celebrate life’s big moments with a one-time payment of up to $2,000⁴.

Peace of mind starts from $1.39
Pay as little as $1.39 per $100⁴ of your account balance on your statement date.
For example: A card with a $500 average daily balance = $6.95 (plus tax) for the month.

Got questions?
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Add balance protection today
Protect your credit and your future with balance protection.