Introducing the Tangerine Money-Back World Mastercard Offer

The Tangerine Money-Back World Mastercard gives Canadians a practical way to maximize everyday spending. With no annual fee, this card puts the power of customization in your hands, allowing you to earn 2% back in two categories you select. If you opt for Tangerine’s Savings Account deposit, you unlock a third 2% reward category. The standard earn rate outside these categories is 0.5%. Plus, new applicants receive a $120 welcome bonus after spending $1,500 in the first three months. The interest rate sits at 20.95% for purchases. Minimum annual income for eligibility is $50,000 and a recommended credit score is 725.

How to Apply – Step by Step

• Ensure your annual personal income meets the $50,000 minimum and your credit score is at least 725.
• Compile personal information, including address, employment, and banking details.
• Complete the application online with Tangerine, specifying your preferred Money-Back categories.
• Submit your application and wait for approval.
• Upon approval, activate your card, make $1,500 in eligible purchases within the first 3 months to receive the $120 bonus.

Pros of the Tangerine Money-Back World Mastercard

Customizable rewards are a key selling point. You can choose which categories to maximize, matching your card to your spending habits. This card also offers robust insurance options unusual for a no-fee card, such as mobile device protection and purchase assurance. Airport lounge access via Mastercard Travel Pass enhances travel benefits. Plus, with no annual fee, you keep more of your cash back in your pocket.

Cons to Consider

The card requires a relatively high minimum income, making it less accessible for students or those starting out. Additionally, the earn rate drops to 0.5% outside your chosen categories. For those who spend more broadly or prefer a simpler rewards structure, this may not be your best fit.

Our Verdict on the Tangerine Money-Back World Mastercard

For those seeking a no-fee, flexible cash back card, Tangerine’s offer is an excellent choice—especially if you can take full advantage of category customizations and meet the income requirements. The $120 welcome bonus and solid insurance benefits provide extra value and peace of mind.