Offers
Welcome Bonus
Eligible new applicants for the Tangerine Money-Back World Mastercard can receive a welcome bonus of up to $120 cash:
- Earn $120 when you spend $1,500 in your first 3 months
FlyerFunds Rebate
Plus, if you apply for the Tangerine Money-Back World Mastercard through Frugal Flyer and are approved, you can receive an additional $160 paid directly to you.
Earning Cash Back
The Tangerine Money-Back World Mastercard earns cash back for all purchases made on the card:
- 2% cash back on all purchases in up to two categories of your choice (or three categories when you have your cash back rewards deposited to a Tangerine savings account).
- 0.5% cash back on all other purchases.
Cardholders are able to select the categories in which they will receive the elevated 2% cash back. These categories include grocery, furniture, restaurants, hotel/motel, gas, recurring bill payments, drug store, home improvement, entertainment, public transport/parking, e-games, fitness and sports clubs, and foreign currency spend.
Cardholders are able to adjust their elevated 2% cash back categories whenever desired, however, it will take one billing cycle for the change to take effect.
Redeeming Cash Back
Money-back rewards that are earned on the Tangerine Money-Back World Mastercard are paid monthly.
The cash back will be issued either as a statement credit on the credit card account or as a deposit to a Tangerine savings account, depending on the cardholder’s preference.
Fees & Eligibility
| Personal Income | $60,000 |
| Household Income | $100,000 |
| Annual Fee | $0 |
| Foreign Exchange Fee | 2.50% |
| Purchase Rate | 20.95% |
| Cash Advance Rate | 22.95% |
| Balance Transfer Rate | 22.95% |
Insurance Coverage
The Tangerine Money-Back World Mastercard offers four types of insurance coverage:
- Rental car collision and loss damage insurance: Comprehensive coverage for cars up to $65,000 MSRP
- Mobile device insurance: $1,000 coverage for theft, loss, or accidental damage to your mobile device
- Purchase assurance: Coverage for accidental physical damage or theft for 90 days from the date of purchase
- Extended warranty insurance: Extend the manufacturer’s original warranty up to one additional year
Refer to the Tangerine Money-Back World Mastercard insurance certificate for additional details, including terms and conditions for eligibility.
Card Awards
As part of Frugal Flyer’s 2025 Best Credit Card Awards, we selected the Tangerine Money-Back World Mastercard as the Best Customizable Cash Back Credit Card.
Other Cash Back Cards
| Credit Card | ||
|---|---|---|
 |
$335 cash back and $125 FlyerFunds Estimated value: $460 Ends Jan 31, 2026 |
|
 |
$350 cash back Estimated value: $350 |
|
 |
$200 cash back and $100 FlyerFunds Estimated value: $300 Ends Apr 30, 2026 |
|
 |
$100 cash back and $160 FlyerFunds Estimated value: $260 Ends Jan 30, 2026 |
|
 |
$250 cash back Estimated value: $250 |
|
Is there a category that includes Costco/warehouse stores? P2 wants something that is more of a keeper card for use at Costco. She likes the perks we earn but needs it to be easy, no buying GC’s in order to go shopping.
Last I heard it falls under other, so unfortunately not. Other options:
On its website, the card only gives two categories 2% now
Hi Yuan – you unlock a third 2% category when you have your Rewards deposited automatically into a Tangerine Savings Account.
“Earn 10% back on up to $1,000 in everyday purchases made within your first 2 months ($100 value)”
Is this for all purchases made using this card or is this actually a category? I’m thinking of clearing the welcome bonus for an overdue car maintenance + a laptop, would those get 10%? Thanks.
Hi Kylin,
All purchases are eligible for the welcome bonus. Essentially, you will earn 10% on your first $1,000 in purchases.
Must be a new banking customer, without existing Tangerine bank accounts.
Hi Stan, can you clarify what you mean, or if that is a question?
hi if we had tangerine chequing account before are we eligible for this offer?
Yes I believe so. I dont see anything in the terms for the card regarding not being eligible if holding banking products, only repeat holders of the credit card account.