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The Tangerine® Money-Back World Mastercard®* is one of the most popular credit cards in the country for cash back. It offers an excellent balance between simplicity and flexibility. With its 2% categories, it is perfect for users who want to maximize their returns without annual fees. This card also stands out for its protections and practical features for daily use.
Tangerine has offered two credit cards for many years.
First, the Tangerine Money-Back Credit Card, which is among the best no-annual-fee credit cards in Canada.
Tangerine also offers another no annual fee credit card, the Tangerine® Money-Back World Mastercard®*. Here is the current welcome offer:
If you have an individual income of $60,000 or a household income of $100,000, you can choose the Tangerine Money-Back World Mastercard.
This credit card has no annual fee and offers cashback. With this limited-time welcome offer, you get $120 when you spend $1,500 in the first 3 months.
You can choose up to three spending categories that interest you (groceries, gas, home furnishings, home improvement, recurring bills, pharmacy, etc.) to earn 2% cash back! And there’s no annual cash back limit.
In addition, the Tangerine Money-Back World Mastercard comes with several insurance coverages for your purchases and travel:
Finally, during the first 30 days you hold the card, transfer credit card balances and pay only 1.95% interest on these balances for the first 6 months.
There are no annual fees. So it’s a card to keep from year to year to improve your credit report (on the historical aspect).
The Tangerine® Money-Back World Mastercard®* is a card we highly recommend, alongside the Tangerine Money-Back Credit Card.
With both Tangerine credit cards, you earn 2% money back on everyday purchases in up to 3 categories of your choice. They are the only ones in Canada to offer this choice!
So it’s not limited, like most other cash back cards, to categories such as gas stations, grocery stores, pharmacies, etc. So you could ask to earn 2% cash back on purchases at stores where you shop the most!
Here are the 13 available categories:
By being a cardholder of one of these cards, you automatically have the right to choose two categories.
If you are a Tangerine Bank client and choose to deposit your cash back into your Tangerine savings account, you can choose a 3rd category ! If you are not a client, do not hesitate to become one; it’s free, and you could receive a welcome bonus as we explain here!
You can regularly change the types of shops where you get a 2% cash back, matching your consumption habits! It can be useful for travel (hotels), shopping for a new home (furniture, renovations) or drugstore purchases!
In other categories, you’ll get 0.5% cash back.
The cash back is deposited monthly on your credit card balance.
There is no annual limit to how much cash back you can keep earning at the 2% rate.
Another highlight of the Tangerine® Money-Back World Mastercard®* is its purchase insurance.
It offers:
And that applies to your purchases made anywhere in the world with your card.
The Tangerine® Money-Back World Mastercard®* also offers other insurance coverages:
The rental car collision/damage insurance provided by the Tangerine® Money-Back World Mastercard®* is very valuable, as it allows you to avoid paying for this insurance with the rental company. A savings of $20-25 per rental day!
This insurance applies to car rentals for up to 31 consecutive days.
Mobile device insurance is also a great benefit offered by the Tangerine® Money-Back World Mastercard®*. This provides coverage for new phones, smartphones, or tablets in case of:
This coverage is for a maximum amount of $1,000.
With the Tangerine® Money-Back World Mastercard®*, you can access the Mastercard Airport Experiences program provided by LoungeKey. You can present your Tangerine® Money-Back World Mastercard®* at the entrance of an airport lounge to gain access.
However, each access will be charged at a cost of USD 32 per visit.
If you want complimentary access to airport lounges, we recommend reading this strategy.
The Tangerine® Money-Back World Mastercard®* is for you if you are looking for a credit card:
This card requires a personal income of $60,000 or a household income of $100,000.
If you don’t meet this income requirement, we recommend applying for the Tangerine Money-Back Credit Card, which offers the same ability to choose your cash back categories!
Finally, combine Tangerine product offers to maximize cash back, savings rates, and benefits, through a simple and effective strategy.
It offers 2% cash back in three categories of your choice and 0.5% on other purchases, with no annual fee.
A personal income of at least $60,000 or a household income of $100,000 is required to be eligible.
Yes. You can change your categories every 90 days in the Tangerine mobile app or your client area.
Yes. Your cash back is deposited monthly into your Tangerine account or applied to your card balance.
Savings are here (if you don’t see the sign-up form, please click here):
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