A new Tangerine credit card
A credit card with no annual fee
Personalized cash back categories
With that new card, Tangerine takes up the same concept as for its other card, the Tangerine Money-Back Credit Card.
You can choose to receive a 2% Money-Back Rewards on purchases in two categories of your choice.
So it’s not limited, like most other cash back credit cards to gas stations, grocery stores or pharmacies. You could, therefore, ask to get a 2% cashback on your day to day purchases where you shop the most!
Here are the categories:
- Hotels and motels
- Recurring bills payments
- Drug Store
- Home Improvement
- Public transportation and parking
As a cardholder, you automatically have the right to choose two categories.
If you are a Tangerine Bank customer, and you choose to Deposit your Rewards into a Tangerine Savings Account and get a third 2% Money-Back Category! If you’re not a customer, don’t hesitate to become a customer, it’s free as we explain here!
In other categories, you’ll get 0.5% cashback.
Cash back deposit
The cashback is deposited monthly on your credit card balance.
There is no annual limit to earn a 2% cashback!
The welcome offer
By applying for the World Mastercard Tangerine,you could get 4% cashback out of 2 to 3 categories of purchases you have chosen.
This promotion, valid until January 31, 2020, is particularly attractive for those who plan to make significant purchases over the next three months:
- appliances (purchased from renovation stores)
- Recurring Bill payments
- Grocery stores
Here are all the details of the card
Rental Car Collision/Loss Damage Insurance
The Rental Car Collision/Loss Damage Insurance provided by the World Mastercard Tangerine is exciting as it avoids paying this insurance from the rental company. A $20-25 saving per day of rental!
This insurance applies to car rentals up to a maximum of 31 consecutive days.
Mobile device insurance
Mobile insurance is also a great advantage offered by the World Mastercard Tangerine card. It covers new cell phones, smartphones or tablets that are:
- Accidentally damaged
- Experienced mechanical failure
This coverage is up to $1,000.
The World Mastercard Tangerine also offers other protections:
- Extended Warranty which may double the period of repair services to a maximum of one year
- Purchase Assurance to automatically cover loss, theft or damage on most new insured items for 90 days from the date of purchase
Access to the Mastercard Airport Experiences program, provided by LoungeKey
The World Mastercard Tangerine is for you if you are looking for a credit card
- with no annual fee
- offering cashback on categories YOU choose
- with insurance protection for your rental cars or mobile phone purchases
This card requires a personal income of $60,000 or a household income of $100,000.
If you don’t have this level of income, we recommend the Tangerine Money-Back Credit Card, which offers the same feature of cashback categories choices!