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Optimizing your cash back can really improve your daily budget. The Tangerine® Money-Back World Mastercard®* lets you earn cash back on your purchases in multiple categories, with a welcome offer to help you get started.
To get the most out of this card, choose your categories based on your biggest expenses, such as groceries, gas, or travel, and activate automatic deposits into your Tangerine savings account to unlock the third category if you have one.
In this article, we guide you step-by-step to adapt the card to your profile: student, young professional, family, or traveller, to maximize your cash back based on your actual habits.
The Tangerine® Money-Back World Mastercard®* combines simplicity and flexibility to help you maximize your cash back rewards. With no annual fee, it allows you to choose up to three main categories where you earn 2% cash back, while all your other expenses earn 0.5%. Cash back is paid automatically each month, making tracking simple and effortless.
Beyond cash back, the Tangerine® Money-Back World Mastercard®* offers several additional benefits:
This is one of the most unique benefits of the Tangerine® Money-Back World Mastercard®*. You can choose up to three categories where you earn 2% cash back (if you deposit your cash back into a Tangerine account).
Here are the eligible categories:
You can change your categories every 90 days based on your needs or projects (renovations, vacations, large purchases, back-to-school, etc.). This way, you adapt the card to your reality, not the other way around.
For all other unselected categories, you receive 0.5% cash back, effortlessly. This covers the majority of daily expenses, even less strategic ones (Amazon, subscriptions, various purchases). The result? You never lose out on rewards, even outside of categories.
While it’s not a premium card, the Tangerine® Money-Back World Mastercard®* offers benefits that are rarely included with a no annual fee card, including:
The card also offers occasional deals and discounts on certain on-demand and subscription services, for example:
The Tangerine® Money-Back World Mastercard®* offers:
The card also includes an attractive welcome offer: currently, you can get $120 after spending $1,500 in the first three months. It’s a simple way to generate an immediate return on your planned purchases, whether for major shopping, electronics, or recurring subscriptions.
Students often have expenses concentrated on groceries, digital subscriptions, and sometimes gas.
Concrete example:
Practical tips:
Young professionals spend on groceries, transportation (gas or public transit), and restaurants.
Families often have high expenses in groceries, pharmacy/healthcare, and sometimes travel or leisure.
Travellers benefit from cash back on travel, restaurants, and international purchases, and included rental car and purchase insurance.
Things to know:
Use the Tangerine for daily expenses, restaurants, international purchases (if necessary), but keep an annual fee travel card for medical protection, points, and airline benefits.
To find out how much the Tangerine® Money-Back World Mastercard®* will actually earn you, simply calculate your annual cash back based on your real spending.
Annual Value ≈ (spending in 2% categories × 2%) + (remaining spending × 0.5%) – annual fees
The Tangerine® Money-Back World Mastercard®* is currently offering a welcome bonus of $120 after you spend $1,500 within the first 90 days. To fully benefit from it, it’s important to plan your purchases rather than buying impulsively.
By strategically planning your spending, you can easily reach the $1,500 threshold and get the $120 bonus without extra effort, while continuing to earn your regular cash back on daily purchases.
While the Tangerine® Money-Back World Mastercard®* may be enough on its own, combining it with an annual fee credit card can significantly boost your cash back and benefits, depending on your spending habits. This approach allows you to cover all your spending categories, while also enjoying additional protections and attractive loyalty programs.
Among the most popular cards to complement Tangerine:
By using the Tangerine® Money-Back World Mastercard®* for your everyday purchases and an annual fee travel credit card for major or specific expenses, you can maximize your overall return on spending. This combination allows you to get the most out of your cards, while simplifying your financial management.
The Tangerine® Money-Back World Mastercard®* offers a range of valuable protections that enhance the security of both your purchases and your travels. Even though it is primarily recognized for its flexible cash back, its integrated insurance adds significant daily value.
When you pay for a vehicle rental with your card and decline the rental company’s collision insurance, you are covered for damage and theft of the vehicle. This is a significant benefit that can save you several dozen dollars per day when you travel.
This coverage protects your eligible purchases against theft, loss, or accidental damage for a limited period after the purchase date (often 90 days). In practice, if you purchase an item that is broken or stolen shortly after, you could be reimbursed or receive a replacement, as long as you paid with your card.
The card generally doubles the manufacturer’s warranty up to a certain maximum (for example: 1-year extension). If an appliance, electronic gadget, or any other product breaks down after the standard warranty expires, you could file a claim rather than paying out of pocket.
If you purchase your smartphone or tablet with the Tangerine® Money-Back World Mastercard®* (or finance the device through an eligible provider), you’ll get coverage for accidental damage, theft, or loss, up to a specified amount. This is one of the most useful protections considering the high cost of mobile devices.
The Tangerine® Money-Back World Mastercard®* stands out as an excellent no annual fee credit card for those looking to maximize their cash back without complicated management. Its strength rests on three pillars: customizable 2% categories, robust protections rarely offered on a free card, and great flexibility of use depending on your profile; student, young professional, family, or occasional traveller.
Whether you want to reduce your daily expenses, optimize your family purchases, or complement an annual fee travel credit card, Tangerine can easily become the foundation of your strategy. By wisely choosing your categories, by strategically taking advantage of the welcome offer, and by using its integrated insurance, you get a simple, yet truly powerful card.
In summary: If your goal is to pay less, earn more cash back, and avoid fees while keeping a versatile and secure card, the Tangerine® Money-Back World Mastercard®* remains one of the best options in its category in Canada.
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