Interested in this credit card? Earn by applying through Frugal Flyer.
The Tangerine World Mastercard offers cardholders the ability to choose up to three accelerated spending categories to increase their cash back earnings.
In 2025, we awarded this card as the Best Customizable Cash Back Credit Card.
Check out our Tangerine World Mastercard review for more details.
Rewards Rates
The Tangerine 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, and public transport/parking purchases.
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 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.
Insurance Coverage
The Tangerine 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 World Mastercard insurance certificate for additional details, including terms and conditions for eligibility.
Other Cash Back Credit Cards With No Annual Fees
| Credit Card | ||
|---|---|---|
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125 cash back and $50 FlyerFunds Estimated value: $175 Ends Jun 1, 2025 |
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100 cash back and $75 FlyerFunds Estimated value: $175 Ends Apr 30, 2025 |
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100 cash back and $60 FlyerFunds Estimated value: $160 |
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60 cash back and $50 FlyerFunds Estimated value: $110 |
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100 cash back Estimated value: $100 |
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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.